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Co-operative Association of Cambodia ( CAC )
Cooperative Association of
Cambodia (CAC) is a national
cooperative federation supporting
agricultural cooperatives, credit and
savings unions and other kinds of
cooperatives across Cambodia. CAC
is a not-for-profit, not-for-charity
services organisation that is owned
and controlled by its members, for
the benefit of members, enabling
them to build a self-sustaining
future.
History of CAC
CAC was formed in September 2007
by five groups of savings and credit
associations who shared the
common goal to empower farmers
and the rural poor who have
difficulty accessing typical financial
institutions. CAC began formal
operations in early 2008 after a
successful pilot operating with Credit
Union of Farmers based at Tramkok
district, Takeo province from 2003 –
2007 and Savings and Credit
associations at Rolea Pae district,Kampong Chnang province in 2007.
CAC was officially acknowledged as
a cooperative by the Cambodian
Government in 2010.
CAC is expanding quickly and
currently works with 40
cooperatives, including 19
Agricultural Co-ops and 21 Credit
Unions with an estimated 10,000
individual members in eight
provinces. CAC plans to continue to
expand its operations and grow its
membership across Cambodia,
according to the Principle
Cooperative Values.