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About: CVECA     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : dbo:Bank, within Data Space : dbpedia.org associated with source document(s)

Type: bank New Facet based on Instances of this Class

A CVECA is a self-reliant village savings and credit bank (from the French Caisse Villageoise d'Epargne et de Crédit Autogérée). CVECAs are designed to operate in rural areas with clients who are primarily subsistence farmers, with minimal non-farm income. While most banks have less than 250 members, they achieve service flexibility and economies of scale through networking together into regional federations. "Each bank is managed by 2 part-time local staff and a board composed of members, all of whom have minimal education."