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Cooperative Bank of Oromia – Kersa Main Branch

Cooperative Bank of Oromia – Kersa Main Branch

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Cooperatives are people-centered enterprises owned, controlled and run by and for their members to realize their common economic, social, and cultural needs and aspirations (ICA). The cooperative movement began in Europe in the 19th century, primarily in Britain and France, and now a days the cooperative movement is far for being a negligible phenomenon, at least 12% of humanity is a member of any of the 3 million cooperatives on earth. Cooperatives vary depending on the service offered and the way that the members are organized; and the major ones are producer or marketing cooperatives, consumer cooperatives, housing cooperatives and financial cooperatives, among others.

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