Celebrating the UN International Year
of Cooperatives 2025

Movement launches new US$50m co-operatives in developing countries scheme

01 Nov 2011

To mark the United Nations International Year of Co-operatives 2012, the worldwide co-operative movement today launched the Global Development Co-operative. This new initiative aims to support co-operative businesses in developing countries by raising US$50m to provide access to low cost loans for capital and infrastructure projects.

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Alban D'Amours in 2003 (Photo by Steve Russell/Toronto Star via Getty Images)

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