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For more than 150 years, credit unions around the world provide access to affordable financial services to millions of people particularly those who cannot access formal financial institutions. The loan provided for credit union members (microfinance loans) enable them engage in small enterprises for self-employment and income generation contributing to socioeconomic empowerment and community development.
In the context of globalization and technological advancement, cooperative entrepreneurs need support to a more sustainable linkage to market.
E-coop provides a platform for cooperative entrepreneurs who have achieved a level global market acceptance on their products. Initiated by the Association of Asian Confederation of Credit Unions (ACCU), the regional organization of credit unions in Asia, the E-coop provides opportunities for cooperative entrepreneurs to gain market leadership and value of their products.
Initially, the Credit Union League of Thailand (CULT), the national organization of credit unions in Thailand has taken leadership in the E-coop. CULT has chosen the finest products from different entrepreneurs in its network. Very soon, as other Asian cooperative entrepreneurs are joining, E-coop would be offering collection of high quality products from different parts of Asia.
