For the past 6 years, DGRV has been working in Honduras together with FACACH, the Federation of Savings and Credit Cooperatives of Honduras Ltda. With this partner a large number of activities have already been carried out. Mainly, we support the financial sector and some of the tools developed by DGRV have already been implemented.
In 2018, DGRV started to implement the SEC (Qualitative Evaluation System). A tool that allows evaluating the reasonableness of the internal control system of cooperatives. Likewise, the “SPE” (Strategic Planning System), “SPF” (Financial Planning System) and the tool “MicroScore” were implemented. The last one is a microcredit scoring tool that allows reducing the credit risk of cooperatives, which has been very successful in some cooperatives.
Numerous events, seminars, workshops and joint trainings have been organized for and with FACACH. We have introduced a “Sustainable Finance” program and will continue to train our counterparts in different areas.
All activities are aimed at ensuring that cooperatives in Honduras can offer their members access to sustainable, secure and competitive financial services.
Out of a total of 85 savings and credit cooperatives affiliated to FACACH, Cooperative Social Balance has been implemented in 52 by the end of 2020. We have also successfully introduced the tool in our FACACH counterpart. Based on this large number of cooperatives already using the tool, it can be seen that Cooperative Social Balance is a success story in Honduras.
The aim is now to implement the tool in the remaining cooperatives before the end of the project phase in 2022, thus introducing the Cooperative Social Balance Sheet in a generalized manner in our counterpart FACACH and in the affiliated savings and credit cooperatives. In addition, our counterpart CONSUCOOP, the National Supervisory Council of Cooperatives also addresses the issue of the Cooperative Social Balance Sheet and integrates it as a standard.
In the end, the tool is developed and improved collectively, with the participation of our partners at different levels. Of course, the other DGRV tools (SEC, SPE, SPF, MicroScore) will continue to be applied in Honduras. We hope to be able to continue to create this Cooperative Social Balance success story with other tools as well.
Renewable Energy in Costa Rica generated by cooperatives.More
A central solution that enables members to make daily agricultural necessities available promptly and financially affordableMore
Mr. Nhan talking about his experiences with DGRVMore
DGRV supports Paraguayan producers' cooperatives by strengthening regional value chains and the small-scale industrialization of primary products.More
Supporting the local creation of clean and renewable energies cooperatives at community levelMore
DGRV and the Movimento pela Cidadania (Movement for Citizenhood) launched a Pilot Program which is planned to be the base for an annual, nationwide campaign to support the formation of economically active cooperatives among Youth and Young adults.More
Innovation and professionalism through co-operatives in KenyaMore
The value of cooperatives in Myanmar in times of COVID-19More
Mid- term courses for cooperative officials in VietnamMore
Improving the competitiveness of the agricultural cooperative sector in ParaguayMore
The collaboration between the Brazilian and German cooperative sectorMore
The story of Khumo Bohlale Family BakeryMore
Development of the first cooperative federation in LaosMore
Pablo and his PotatoesMore
GESTE- funded projects in UgandaMore
Strengthening small rural producer organizations in ColombiaMore
Developing the potential of biomass briquettes in UgandaMore
Development of value chains in the Cambodian agriculture sector.More
Cooperative Social Responsibility in HondurasMore