strategy
Establishing community credit union
Synonyms:
Structuring community loan system Implementation:
In Colombia in 1964 the Social Progress Co-operative began with a group of 26 women -- each saving less than one third of a cent at a time. Twenty-five years later the cooperative had a portfolio of US$409,477, with hundreds of projects successfully completed. Broader:
Creating rural banking systemsEnlarging community credit baseRevitalizing community structuresImproving access of rural poor to creditCreating nonprofit financial institutions for sustainable development Subjects:
Society → CommunitiesCommerce → Credit
→ Systems
Type Classification:
D: Detailed strategies Related UN Sustainable Development Goals:
