In Guatemala, DGRV’s work focuses on strengthening the financial cooperative sector, especially among savings and credit cooperatives (SACCOs). The objective is to improve access to sustainable, inclusive, and secure financial services, particularly in rural regions where other financial institutions are absent.
The country is home to 2,700 cooperatives, representing 3.5 million members. Most of these cooperatives are located in rural areas, and the sector is largely shaped by small-scale entrepreneurship.
DGRV supports cooperatives in developing stronger internal structures. This includes the introduction of software for strategic planning, internal control, and social balance, as well as targeted training on governance, risk management, and sustainable finance.
At institutional level, DGRV works closely with the Guatemalan Confederation of Savings and Credit Cooperative Federations (CONFECOAC) and the Western Federation of Savings and Credit Cooperatives (FEDECOPE), which brings together small and medium-sized cooperatives. The project supports the development of their capacities to provide technical advisory services and to develop their own training services, enabling partners to generate income through the implementation of software developed by DGRV.
At regulatory level, DGRV collaborates with the General Inspectorate of Cooperatives (INGECOP), the cooperative supervisory authority, to strengthen its technical capacities. Through a cooperation agreement, risk-based supervision software has been implemented, enabling more effective regulation of the SACCOS.
With its activities, DGRV contributes to several Sustainable Development Goals, especially:
The principal activities of DGRV´s project in Guatemala can be summarized across sectors with the following topics:
Is a cooperative association of the SCC sector in Guatemala. It represents a solidary financial system specialized in financial intermediation activities. The main objective is to contribute to improving the quality of life of Guatemalans by providing high quality financing solutions.
CONFECOAC is the cooperative integration body that brings together the representation of the Guatemalan cooperative sector at a national level. CONFECOAC represents the sector nationally and promotes the integration of cooperatives and its sustainability.
General Inspectorate of Cooperatives, state supervisory authority for cooperatives.
Comprehensive Federation of Savings and Credit Cooperatives of the West
The activities of the project in Guatemala are supervised by the DGRV office in Mexico:
Str. Porfirio Díaz No. 106
Col. Del Valle, Del. Benito Juárez
C.P. 038100, México D.F
F. +52 55 5687 3780
mexico@dgrv.coop
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