07 June

CUCO Enriches NATCCO Exposure Program in Indonesia

  • Date : Tuesday June 07, 2016
  • Venue : Jakarta

 On June 7-11, the Credit Union Central of Indonesia (CUCO) in Jakarta welcomed 29 leaders and staff from 11 Philippine cooperatives in affiliation with the National Confederation of Cooperative (NATCCO) – one of ACCU regular members in Philippines during the exposure program in Indonesia.

Philippine participants were able to compare the practices of Indonesian credit unions on the governance, accounting, welfare benefits for the staff, regulatory environment, and capital mobilization of Indonesian credit unions.

On the other hand, the Philippine delegates shared their experiences on NATCCO transformation journey, gender mainstreaming, remittances, mutual benefit fund, disaster readiness, and the party-list system.

The visit also cultivates understanding of the rich Indonesian cultural heritage in supplemental to learning about operation of primary credit unions such as from Credit Union Sehati (CUS) and Kopersi Kredit Usaha Sejahtera (KKUS).

On the third day, participants visited SMESCO building where co-op products were displayed such as, but not limited to, traditional batik clothing woven by credit union members themselves.

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