The COOP movement has helped many farmers in East Africa survive harsh economic headwinds through savings and credit options, compared to predatory commercial banks. However, there is a lot of name washing by banks that claim they are “COOPs” yet their terms and treatment of humans is like that of for profit big banks. I hope this move is for the genuine COOP, not the name washing.
The COOP movement has helped many farmers in East Africa survive harsh economic headwinds through savings and credit options, compared to predatory commercial banks. However, there is a lot of name washing by banks that claim they are “COOPs” yet their terms and treatment of humans is like that of for profit big banks. I hope this move is for the genuine COOP, not the name washing.