Rukiga Sacco in Uganda is a financial cooperative in the rural area of Kabale, Uganda. They engage in savings for members. They also advance loans to small holder farmers and have around 21,700 clients (end 2020) with loans. As of 2019, Rukiga SACCO is transforming from a traditional cooperative financial institution to a customer needs […]
Bringing Power to India’s Poorest Women Workers
Bringing Power to India’s Poorest Women Workers How many times do we need to prove that poor women are bankable? asks Jayshree Vyas, managing director of the SEWA bank. In the case of this cooperative bank it has proven that about 97 per cent of its lenders meet their repayments a better rate than […]
Empowering Women Through Their Own SACCOS
Rural women in developing countries are at a serious disadvantage when trying to access credit. ORUDE, the Organization for Rural Development, is a grassroots NGO in south-eastern Uganda. Formed in 1997, the organization had been mobilizing and training rural womens economic groups and preparing them to absorb credit. It then helped the groups to open […]
KFCC (Korean Federation of Community Credit Cooperatives)
Community Credit Cooperative(CC, Saemaul Geumgo) CC had its beginning with five credit cooperatives, established in Gyeongsangnam-do in 1963. CC, as a financial cooperative, inherits the spirit of mutual help, which is also a main source of Gye, Hyangyak, Dure and has been playing not only economic functions of credit and insurance service but also social […]
Coomeva
Coomeva es la unión de profesionales más importante de Colombia, que se asocian para acceder solidariamente a servicios de bienestar para ellos y sus familias. La misión de Coomeva es contribuir al desarrollo integral del asociado y su familia, al fortalecimiento del Sector Cooperativo y a la construcción de capital social en Colombia. El 4 […]
Australian Parliament passes reforms for co-operatives and mutuals
This is the culmination of three years’ work by Mutuo together with the Australian Business Council of Co-operatives and Mutuals (BCCM) and an unprecedented collaboration between Australian businesses. We have worked closely with the BCCM for five years, helping to develop a strong narrative around the importance of co-operatives and mutuals in Australia. We strived […]
Mutuo
Founded in 2001, Mutuo works internationally to improve the business environment for the co-operative and mutual sector by: Communicating their priorities to decision makers Acting as an advocate with politicians and regulators Building links between mutual business leaders Developing new mutual businesses Mutuo works with some of the largest and most progressive member owned businesses […]
A growing coop in Nigeria
Though the economic downturn of the early 80s, and the era of essential commodities was frustrating the average Nigerian, the staff of Total were quick to spot the opportunities in the prevalent nationwide economic recession. They quickly mobilized for communal economics, a situation where they agreed to come together for bulk purchase of essential commodities […]
Total E&P Nigeria Cooperative
Total E&P Nigeria Staff Multipurpose Cooperative Society Limited (Total E&P Co-op) commenced operations in 1984 as Total E & P (Nigeria) Thrift and Credit Society Limited. It had an initial capital of N20, 000,000.00, and has grown from double digit membership at inception, to 1,643 members today. As with such societies, membership is voluntary and […]