The Central American and Caribbean Microfinance Network (REDCAMIF) and the Latin American Confederation of Savings and Credit Cooperatives (COLAC) signed a collaboration and friendship agreement in May 2024, with the aim of promoting and boosting sustainable development, mutual cooperation, and encouraging the exchange of experiences, knowledge and best practices in the field of cooperatives and inclusive finance in Central American region and Dominican Republic.
The agreed areas of collaboration include: knowledge exchange, training, innovation and technology, research and development, events and meetings, promotion and management of strategic projects, institutional strengthening, social and environmental responsibility, advice and consulting, and regional integration.
We are convinced that this strategic alliance between REDCAMIF and COLAC represents an important step towards strengthening the cooperative, microfinance and inclusive finance movement in Latin America and the Caribbean.
About REDCAMIF
The Central American and Caribbean Microfinance Network is a regional network that promotes financial inclusion through the development of programs, projects and services that seek to strengthen the skills, efficiency and resilience of institutions that provide financial and non-financial services for the economic and social development of the urban and rural micro and small enterprise (MYPE) sector.
About COLAC
The Latin American Confederation of Savings and Credit Cooperatives (COLAC) is an international cooperative development organization created on August 28, 1970, which emerged with the firm purpose of promoting the strengthening, development and competitiveness of LATAM’s Financial Cooperatives.