Back

Cambodia_17754.png
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.