The Alliance welcomes two new members
The International Co-operative Alliance welcomes two new members: Federación de Cooperativas de Ahorro y Crédito, Ltda. (FACACH) from Honduras and The Forestry Co-operatives Central Union of Turkey (ORKOOP) from Turkey as members.
FACACH is a second level co-operative that as the Federation brings together a large number of credit unions in Honduras to strengthen and grow the sector and generate added value for their members.
Their objectives are to:
1. Help co-operatives become efficient through the establishment and implementation of training programs of education leaders and employees of co-operatives.
2. Effectively provide needed services to the credit unions.
3. Contribute to social and economic development of co-operatives by strengthening the administrative, financial and educational services of members.
4. Achieve integration of the national co-operative movement and consolidation of the savings and credit sector.
5. To contribute to the socio-economic development of the country through the channeling of funds to the co-operative sector, especially savings and loan.
6. Keep the prestigious image of FACACH and its members to incorporate major sectors of the population and achieve greater participation in social and economic development of the country.
7. Use modern techniques for strengthening the economic and financial areas of members and collect statistics.
ORKOOP member unions work in forestry and produce agriculture products. They assist their members in production, evaluation and marketing of forestry products. They also assist in development funds, waste disposal, loans, utilities, facilities, machinery, instruments, equipment, legal rights, environmental protection, social security, research, and training.
306,728 individual members in 2012. 27 member societies in 2012 of which 18 are forestry and 9 are agriculture. These regional unions have 2,439 co-operative members. Turnover of TRL 3,000,000 in 2012 (CHF 1,252,410) (EUR 1,028,630)
