Sharia, Islamic law, prohibits usury, the collection and payment of interest, as well as investing in businesses that are considered unlawful. But with some modifications, microfinance can be made Shariah-compliant, opening up access to credit and poverty alleviation services to many Muslims. The department of Noun, in western Cameroon, has a population of 1 million, […]
Islamic Saving and Credit Cooperative of Cameroon (ISCCC)
A microfinance institution in western Cameroon based on the principles of Islamic law.
The cooperative model in microfinance: More current and pertinent than ever
In the microfinance sector, cooperatives reach significantly more individuals and families than other financial institutions making them the actors who are truly responsible for improving access to financial services for all, and thereby increasing local economic growth and reducing poverty. Knowing that 2.5 billion individuals, three quarters of the world’s poor, still do not have […]
A focus on youth in rural Uganda
Established in 2004 and based in Buwenge sub-county in Eastern Uganda, JoyFod Savings and Credit Co-operative (SACCO) has over 1,400 members who have savings accounts with them and are taking loans. People in rural areas find it difficult to access the formal banking sector as most banks are far away in town and there […]
JoyFod Savings and Credit Co-operative (SACCO)
JoyFod SACCO is based in Buwenge sub-county in a small village called Igombe. Differently to other SACCOs, they specialise in opening accounts for young people between 18 30 years old. JoyFod provides training and sensitisation to young people on how to save and why to save and helps them think about which business would […]
Downtown Daycare Co-operative: Giving parents a say
In May 2011, a group of women from the Women’s Co-op Business Program in New Brunswick decided to start a co-op for working parents – a place where parents could have a say in who takes care of their children and how. The result was the Downtown Daycare Co-operative, which opened its doors on March […]
Downtown Daycare Co-operative
The Downtown Daycare Co-operative is Moncton’s first non-profit, parent-owned daycare and one of the few daycares operating in the city’s core. It offers spaces for children from ages 15 months to four years along with a pre-school program for 4- and 5-year-olds and an after-school program for children ages five to 12. The goal of […]
Serving the cooperative movement in Cyprus
The Cyprus Cooperative Central Bank was established in 1937 by the cooperative institutions and started operating on the 1st of January 1938. The main reason leading to its establishment was the need for a cooperative central body which would make the work of the cooperative movement more efficient. The Bank evolved rapidly and thanks to […]
iCOOP KOREA’s Practice for Enhancing Biodiversity in Rice Paddy Ecosystem
iCOOP KOREA is the second largest consumer co-op group in Korea. As a leading protagonist of ethical consumerism in civil society, it has engaged in various socioeconomic activities for protecting domestic agriculture and environment since 1998 when it was founded. Our business and activities cover direct-dealing of eco-friendly products, merchandising of more reliable processing foods, […]
iCOOP KOREA
iCOOP KOREA is a consumer co-operative group making alternatives through economic activites in respect of problems in our everyday life such as food safety, child care, gender, environment and agriculture in cooperation with members and their neighbors. iCOOP KOREA practices contract cultivation by communication with farmers who has exchanged for a long time, and provides […]