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480. Bringing Rural Development Through a Multipurpose System

Half a century ago, South Korea was one of the poorest countries in the world, with rural life particularly harsh. In the aftermath of the Korean War, devastated communities were suffering from chronic food shortages. A government-led push created an agricultural cooperative system to revive the rural economy, eradicate poverty and improve the socio-economic status […]

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475. Pulling Nigerians Out of Poverty

Nigeria, the “Giant of Africa”, has the continent’s largest population and economy, now worth over $500 billion thanks in large part to its oil reserves. This wealth, however, has not stopped 60% of Nigerians living in extreme poverty, nor youth unemployment being close to 80%. Peter Obiorah, president of the De Parach Multipurpose Co-operative Society, […]

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447. Protecting small rice growers thanks to an innovative index-based crop insurance product

Agriculture is a key activity in Sri Lanka, but is mainly practiced by poor smallholders who farm very small parcels of land. Plus, farm yields are subject to unstable weather conditions and wide price fluctuations that threaten farmers’ incomes. Under such conditions, crop insurance is seen as essential to safeguarding farmer assets. But, to make […]

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441. Small savings, big development for farmers in northern Uganda

Small savings, big development is the motto of Koboko United Cooperative, a savings and credit co-operative (SACCO) in northern Uganda, an area that is still recovering from the effects of civil war. One of the best SACCOs in the West Nile region, its nine employees serve 2780 members. Established in 2003, Koboko SACCO is addressing […]

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438. COEXPHAL: Uniting Farmers, Moving Forward

COEXPHAL is the Association of Fruit and Vegetable Producers of Almería (Southeast Spain), the majority of the members being small holding agricultural cooperatives who jointly market their product. It was created in 1977 as an association of 17 cooperatives to provide common services and to obtain much needed market power and recognition. Currently, it includes […]