ls

Local Sustainability

Laura A Schulz

Supervisory Program Manager
Laura A Schulz

10. Siborong-Borong, Kjub Puspeta and Puskud Harapan Sumatra Utara of Indonesia and Ferro Yegeberiewoch Yehibret Sera Mahber of Ethiopia share a distinction; do you know what it is?

All four:

  • are cooperatives.
  • won the Starbucks Black Apron Award.  In fact, Kjub Puspeta and Puskud Harapan have each won it twice. 
  • have also worked with U.S. cooperative development organizations – CLUSA and ACDI-VOCA – which have been funded in part by the IDEA/LS Cooperative Development Program

 

 

9. Which African financial system has mobilized more than $4.7 billion in individual savings?

 

FINCA?  No.  Grameen?  No.  Accion?  No.  

Actually, the 17 million members of credit unions in 24 African nations have aggregate savings of $4.7 billion.  During 2010 they loaned each other $4.8 billion.  

 

  • These funds are not from donors, they are funds saved by members.  They are the same members who elect their board directors and who approve policies.  For many in Africa their credit union is the only financial institution they can access, and the only one that they trust.

 

8.What is India’s largest food marketing firm?

The Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF),

  • An annual turnover (2011-12) of US$ 2.5 billion.
  • Its daily milk procurement is approximately 13 million lit (peak period) per day from 16,117 village milk cooperative societies
  • 17 member unions covering 24 districts,
  • 3.18 million Milk producer members

7.What do rural Americans share with rural people in Bangladesh and the Philippines?

 

All receive electric power from cooperatives.  A brief look at US Rural Electrics:

841 distribution and 65 G&T cooperatives serve:

  • 42 million people in 47 states – 12 percent of our population
  • 18 million businesses, homes, schools, churches, farms, irrigation systems, and other establishments in 2,500 of 3,141 counties in the United States

Electric cooperatives:

6. What firm is Timor Leste’s largest exporter?

The largest exporter and the largest employer in Timor leste is Cooperativa Café Timor (CCT). 

  • The cooperative has a number of other “largests” to its credit.  It is the largest employer in Timor and supports the largest rural health service in the country. 

 

5. IFFCO is India’s most successful fertilizer company. What does IFFCO stand for?

Indian Farmers Fertilizer Cooperative. 

 

Did you know ?

4.Who is Bolivia’s largest electric power supplier?

 

Cooperativa Rural de Electrificación (CRE) is Bolivia’s largest power supplier.  

3. What does the acronym C.A.R.E. originally stand for? Who were its founders?

 

Cooperatives for American Remittances to Europe

CARE’s 22 founding organizations included the Cooperative League of the U.S.A., the Credit Union National Association, the National Rural Electric Cooperative Association along with other cooperative, labor and faith-based organizations.

 Many of the U.S. cooperatives that participated in founding CARE began their own international programs during the 1950s and early 1960s.  

2. What is the fifth largest U.S. financial system?

Although it is not a single banking entity, the U.S. Credit Union movement stands fifth in terms of assets. 

Bank Name / Holding Co Name

Nat'l Rank

Domestic Assets (Mil $)

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