Promotion of co-operative financial services in rural areas of Peru
Start Year:
CEDP Organisation:
Lead Organisation(s):
2007
End Year:
2015
Country:
Peru
Region:
America
Budget (€):
321,273
Budget range (€):
300.001 - 500.000
Sector:
Banking, Credit, Insurance
Type of Activity:
Training and Capacity Building
Financial Support and Investment
Cassa Padana Banca di Credito Cooperativo Federazione Lombarda Delle BCC (Credit Cooperative Bank)
Partners:
fenacrep (federation of peruvian credit cooperatives)
Project Objectives
Promoting rural cooperative finance in Peru
Summary
The promotion of the rural cooperative finance has been obtained thanks to the opening of new saving and lending cooperatives or the opening of cooperatives’ branches in the rural zones of Peru. In the first two years 4 saving and lending cooperatives (coopac) have been opened along with three new branches. In the second two years (2009-2011), 6 new coopac has been opened, mainly dealing with microcredit funds created by Foncodes, Peruvian Local Development Cooperation Fund.
Contact
Cooperatives Europe
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+32 2 743 10 33
www.coopseurope.coop
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