Removing Barriers Blog

CUNA writes to House Appropriations Subcommittee in support of Cooperative Development Program
Posted July 06, 2020 by CUNA Advocacy

CUNA wrote to the House Appropriations Subcommittee on State-Foreign Operations and Related Programs in strong support of the Cooperative Development Program (CDP) and the $17 million funding level for fiscal year 2021.

The CDP is a global initiative that focuses on building capacity of cooperative businesses and cooperative systems for self-reliance, local ownership, and sustainability.

During the life of the CDP, activities have supported more than 500 cooperatives and credit unions with a combined savings of $495 million. During this time period, the program has also:

  • Provided health insurance and services to more than 42,000 people in Uganda
  • Leveraged more than $95 million of investments for cattle cooperatives in South Africa
  • Increased member equity among cacao cooperatives in Ecuador, Peru, and the Dominican Republic by more than $4 million
  • Reformed cooperative law and regulation in Mozambique, Tanzania, Uganda, and Kenya