KIVA: Online Fundraising

KIVA is an online fundraising platform, which aims to alleviate poverty and provide loans to microfinance institutions [MFI] zero interest debt capital.

 

The requirements to be a field partner are the following:

• Serve at least 1,000 active borrowers with microfinance services
• Have a history (at least 2-3 years) of lending to poor, excluded, and/or vulnerable people for the purpose of alleviating poverty or reducing vulnerability
• Be registered as a legal entity in its country of operation
• Have at least 1 year of financial audits
• Have a profile on the MIX Market (www.mixmarket.org)

 

In the Philippines, Paglaum Multi-Purpose Cooperative and Center for Community Transformation Credit Cooperative are two of Kiva’s field partners.

 

Check out there site at http://www.kiva.org

International Day of Cooperatives

The United Nations’ (UN) International Day of Cooperatives is a global observance that aims to increase awareness on cooperatives and recognizes its role in economic, social and cultural development and in the achievement of social policy objectives.  This year it will be celebrated on July 2 and some of the goals for this day are to strengthen and extend partnerships between the international cooperative movement and other supporting organizations including governments.

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International Co-operative Alliance Asia & Pacific

Call for Success Case Story

UN proclaimed 2012 as the International Year of Cooperatives and in line with this the International Co-operative Alliance Asia & Pacific is collecting Success Case Stories of cooperatives. 

National Confederation of Cooperatives Inc. [NATCCO] members can definitely join this publication.

You can send Success Case Story to savitrisingh@icaroap.coop

CDA Charter Consultation and Tax Forum

 The Joint Congressional Oversight Committee on Cooperatives led by Senator Juan Miguel "Migz" Zubiri and Representative Jose Ping-Ay launched the nationwide forum and consultation for cooperatives last January 12 at Quezon City that was attended by about 400 participants from different cooperatives in northern Metro Manila.  This is the first of a series of public consultation meetings on tax exemptions to coops and on the amendments to the Cooperative Development Authority charter. The said committee initiated the project to explain the rules and regulations of the Philippine Cooperative Code of 2008 or Republic Act 9520 and update on the policies and guidelines for tax exemptions on coops. Next consultations will be held in southern Metro Manila to be followed by regional consultations in Luzon and Visayas.

Sen. Zubiri is the principal author of RA 9520, which was signed into law in March 2009, for that earned him to be called the “Father of the new Cooperative Code”.