El Salvador


The project in El Salvador is intended to contribute to financial inclusion in the country through its long-standing cooperation with FEDECACES (Federation of Savings and Credit Cooperatives), focusing on financial education, improved financial services and the continuous expansion of service points in the country.

Unfortunately, in El Salvador the various cooperative sectors haven´t worked in close cooperation so far. The DGRV’s new cooperation with the federation FEDECOOPADES from the agricultural sector and FEDECACES from the financial sector is intended to strengthen an inter-sectoral exchange and promote the creation of new networks.

The advisory and training activities of the project contribute to the institutional strengthening of the federations as well as the professionalization of the employees of FEDECACES and FEDECOOPADES. Here, special attention is paid to the promotion of SCC and agricultural cooperatives, as their members, mostly small and micro-producers as well as marginalized groups and those threatened by displacement, should also benefit from the project measures. Through special training programs for financial education, the MSMEs and members of the SCC or agricultural cooperatives are reached as a direct target group. As in particular agricultural cooperatives and their members often have weak governance structures, the advisory activities of DGRV also aim to create a functioning supervisory board and established committees, such as credit, training or women’s committees.

Pursuing the goal of integrating SCC in banking supervision, DGRV punctually collaborates with representatives of the government and the central bank in El Salvador.
Cooperative insurance services and renewable energies cooperatives are also promoted.

Sustainable Development Goals


Our project in El Salvador contributes to several Sustainable Development Goals, especially:







Activities


The principal activities of DGRV’s project in El Salvador can be summarized across sectors with the following topics:

  • Advising the cooperative associations on strengthening their governance structures
  • Building cross-sectoral networks
  • Supporting the development and introduction of a model to integrate SCC in the financial supervision from El Salvador
  • Strengthening the Deposit Guarantee Fund
  • Implementing sustainable finance and insurance products

 





Partners


Association of Savings and Credit Cooperatives of El Salvador (FEDECACES)

FEDECACES is a cooperative association with 28 member cooperatives and more than 115 affiliated branches serving different sectors of the Salvadoran population.

http://www.fedecaces.com/

Association of Agricultural Cooperatives (FEDECOOPADES)

FEDECOOPADES has existed for the last 40 years and offers various services to the 12 affiliated cooperatives and also represents them in their economic, social and political interests.

http://fedecoopades.org/

Office


The activities of the project in El Salvador are supervised by the DGRV office in Mexico:

Calle Porfirio Díaz No. 106 (Planta alta)
Col. Del Valle, Del. Benito Juárez
C.P. 038100, CDMX.

T: +52 55 5687 3780
mexico@dgrv.coop

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Other projects in the region


Latin America

Peru

The activities in Peru are part of the CoopSur Project. The long-term impact of the DGRV CoopSur project is to improve the economic and social participation of large population groups, especially micro and small entrepreneurs, craftsmen and farmers with limited or no access to markets, who may be current or potential partners of existing cooperatives.

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Brazil

In Brazil we offer our support through two projects financed by the German Federal Ministry of Food and Agriculture (BMEL) and the Federal Ministry for Economic Cooperation and Development (BMZ).

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Latin America

Uruguay

Our activities in Uruguay are part of the CoopSur Project. The long-term impact of the DGRV CoopSur project is to improve the economic and social participation of large population groups, especially micro and small entrepreneurs, craftsmen and farmers with limited or no access to markets, who may be current or potential partners of existing cooperatives.

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