AEF

Cooperatively-owned

 

  • Benin - Les Associations de Services Financiers (ASF) en Bénin

  Les ASF sont des institutions financières locales à capital actionnaire, autofinancées et autogérées. Elles sont contrôlées par la population villageoise, y compris par les femmes et les plus pauvres, qui en sont propriétaires à titre individuel ou comme membres de groupes de caution solidaire. Au Bénin, il n’existe pas de cadre juridique approprié pour la mise en place des IMF sur la base de capital actionnaire... [weiterlesen]

 

  • Coop. Banking - A Viable Approach to MF

  A leading cooperative bank in the Philippines has demonstrated that cooperative banking can be a viable approach to microfinance. Established in May 1975, the Cooperative Rural Bank of Bulacan, Inc. (CRBBI) integrates the components of rural banking and cooperativism: it is a rural bank owned and controlled by 180 primary organizations in Bulacan... [weiterlesen]

 

  • India - The rise and fall of the credit coop. system, 1904-2007

  For centuries, since taxes had to be paid in cash instead of kind, farmers in India depended on moneylenders, dispossessing large number of farmers and throwing many of the rural population into abject poverty. As Sir Daniel Hamilton put it in1884: "The power that stands in the way of India’s economic development is the power of evil finance…. The land lies blighted by the shadow of the mahajan (usurer)... [weiterlesen]

 

  • India, Restructuring Credit Cooperatives - DCCB Bidar

  The study of DCCB Bidar cannot be separated from the history of the credit cooperative system in India which in an earlier phase provided the framework for its establishment and in a more recent phase for a multitude of challenges resulting from government intervention. It must also cover the credit cooperatives of Bidar District as the bank’s owners and users, which have been equally affected by the changes in the policy environment... [weiterlesen]

 

  • Nepal - Grameen, NGO, and Cooperative MF

  Nepal is one of the poorest countries in the world, with 70% of its population below the poverty line. Subsidized national poverty lending programs have failed to attain viability, mobilize savings and reach the poor in significant numbers. Informal institutions such as the ubiquitous dhikuti were ignored. During the 90s the government has created a new policy environment focusing on decentralization, poverty alleviation, economic and financial liberalization, and a differentiated legal framework for microfinance institutions (MFIs)... [weiterlesen]

 

  • Trad. Coops among the Kpelle of Liberia

   Most African countries have a modern cooperative movement, and those without one are trying to build it up because cooperatives are considered to be one of the most important organizations for agricultural development... [weiterlesen]

 

  • Vietnam, Restructuring a Credit Cooperative System

 Vietnam is a special case among studies of the restructuring and reform of financial institutions. The primary act of reform consisted in closing the old system of rural credit cooperatives and replacing it with a new system under a new name: People’s Credit Funds (PCFs). The trigger was the collapse of the old system and the realization that banks would be unable to provide inclusive financial services in rural areas. Once in place, two separate institutional reforms followed after a seven-year pilot phase... [weiterlesen]

  • Vietnam, The PCFs - A Prudentially Regulated Credit Coop. Movement

  Emerging from the collapse of its command economy Vietnam succeeded in creating a conducive policy environment and building a strong new credit cooperative system. The Government benefited from the experience of other countries, but replicated none. Instead it came up with an innovation: cooperative self-help under state control, seemingly a contradiction. The newly established People’s Credit Funds (PCFs) are self-managed and self-financed; yet their success is due to the central bank... [weiterlesen]