CONFEDERATION OF SAVINGS AND LOAN COOPERATIVES OF MEXICO
What is cooperativism?
The cooperative movement is currently an economic force that extends its benefits to the base of the economic pyramid, promoting financial inclusion for the needy, creating opportunities for social, economic and environmental development.
2Cooperativism by growing day by day promotes the participation of the popular sectors in the creation of a healthy economy, since it is a model that does not pursue profit.
In Mexico, the General Law of Cooperative Societies recognizes their purpose; considering the production, consumption cooperatives, as well as the Savings and Loan Cooperatives or “Popular Savings Banks”.
At present, the regulated cooperative sector creates and encourages the national and social economic development of our country, generates jobs, promotes cooperative education in order to achieve a true quality of life for its members.
It is noteworthy that the cooperative sector is a real and safe option for Mexicans, savers have found an answer for their economic development through savings and good use of credit, respecting the values and cooperative principles that help improve their quality of life, for more than 68 years.
The commitment to the social community is part of the essence of the cooperative sector, over the past 12 years, resources, from surpluses, have been allocated to social work. In 2017 they were more than 470 million pesos, distributed in impulse to education, financial education, business training, development of work skills, sports activities, among others.
Cooperativism by growing day by day promotes the participation of the popular sectors in the creation of a healthy economy, since it is a model that does not pursue profit.
1Cooperativism, is the social movement that defines the cooperation of its members in the economic and social range as a means to ensure that its members, integrated in voluntary associations called cooperatives, obtain a greater benefit for the satisfaction of their needs.