Purwokerto Co-operative City 2022 Movement
The first co-operative in Indonesia was in the city of Purwokerto in Banyumas regency. It was a co-operative bank created to help people get away from bad moneylenders and was inspired by the Raifeissen model.
Despite the fact that Purwokerto was regarded as the first city of the co-operative movement in Indonesia, the movement in this city is not satisfying. Statistical data shows that 125 out of 475 co-operatives are not active. Only 30% of the population of productive age in Banyumas are members of co-operatives.
