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In the interests of Credit Cooperatives Union
In the interests of Credit Cooperatives Union of Rural Credit Cooperatives currently performs the following functions: -
Representation, protection of rights and interests of members of the
Union of Rural Credit Cooperatives in government, local government and
social organizations; - Coordination of the rural credit cooperatives the imperative; - Development of the regulatory framework for rural credit cooperatives; -
Attracting investment and technical assistance and international
financial institutions for the development of rural credit cooperatives,
assistance in the implementation of international projects for
cooperation in the credit; - Education and training for rural credit cooperatives; - Advising on the establishment and operation of rural credit cooperatives; - To provide practical and effective guidance to rural credit cooperatives and initiative groups to create them; -
The development, publication and distribution of journals, manuals and
guidelines for the establishment and functioning of the rural credit
cooperatives. -American
program "Development of rural credit cooperatives in the" developed
with the active participation of the Development Fund for Rural Credit
Cooperatives - a hand, and ACDI / VOCA - from the American side, is from
1999. Fund
the development of rural credit cooperatives, the accumulated funds
from the sale of humanitarian assistance provided in 1999 2000g.g. Most
of the funds (80%) and for the grant of loans to rural credit
cooperatives for the development of agricultural production, and the
rest (20%) - the processing, storage and marketing of agricultural
products (22, p. 26). Loans
for the development of agricultural production, processing, storage and
marketing of agricultural products are issued for payment of the annual
running costs of the purchase of livestock, feed, seed, fuel,
fertilizer, pesticides, logistical support, but only if the cash flows
provides loan repayment within one year.