FENACREP and WOCCU join SICREDI to strengthen the participation of women and youth in cooperatives. They announce SUMMIT 2024 in Sao Paulo from April 2 to 4, with 4 exclusive scholarships for affiliated COOPAC members.

Peru is the second country in the region with the largest number of Venezuelan migrants in its territory. People who have taken refuge in the country due to the devastating crisis that is plaguing Venezuela; and for the most part, they work in the informal labor market.

The Abaco Cooperative celebrated Children's Day with games and activities for the Abakids, promoting financial education from an early age. In addition, during Member's Week 2023, Abaco offered an After Office for Young Banking and an Abateens Vocational Fair in collaboration with Colegio La Unión.

"Savings and credit cooperatives are presented as a different business model, aligned with what Millennials and Gen Z are looking for since they are companies that host a financial proposal based on people."

Finansol, Abaco, Pacífico, San Cristóbal de Huamanga, MF Prisma, San Hilarión, San Isidro and San Francisco Javier were present at this important event.

The National Federation of Savings and Credit Cooperatives of Peru (FENACREP), in its work of representation and defense of Savings and Credit Cooperatives Not Authorized to Capture Resources from the Public (COOPAC), in relation to the intervention of nine COOPACs, states the next:

As more accounts are opened in the financial system due to the covid-19 pandemic

Prestigious Risk Classifier also awards it 3 stars for its good social performance

The Peruvian savings and credit cooperative sector is advancing in the promotion of cooperative education with the launch of the project "Let's create school cooperatives together", in which teachers from various regions participated; counting on the support of organizations such as Fundación Geste (Germany), DGRV (Germany), Fundación Sancor Seguros de Argentina and FENACREP.

Cooperative supermarkets, owned by the same consumers who operate them, are based on a model started by Brooklynites, which is becoming popular in Europe.