Proxfin members to meet at Summit

Proxfin members will gather at their annual general meeting on October 8, held alongside the International Summit of Cooperatives. Proxfin1 is an international network organized for analysis and...

Proxfin members will gather at their annual general meeting on October 8, held alongside the International Summit of Cooperatives. Proxfin1 is an international network organized for analysis and discussion, bringing together some thirty Développement international Desjardins (DID) partner community finance institutions. Its members provide accessible financial services to nearly 8.5 million individuals and small businesses around the world. Proxfin’s member institutions and organizations incorporate the principles of the cooperative model, namely governance based on transparency and representation of client and member interests, local empowerment and deep-rooted community engagement. Proxfin member institutions at a glance: 8.5 million members and clients (40.2% are women) 2,628 service outlets Total assets: C$3.3 billion Total savings deposits: C$2.3 billion Total value of loans: C$2.5 billion Average loan amount: C$540 A video offering a preview of the Summit When they got together in Quebec for their semi-annual meeting, the members of Proxfin’s management committee had the opportunity to take part in Desjardins Group’s 2012 annual general meetings. They gave participants a preview of the 2012 Summit by showing them a video in which 12 managers and executives from Proxfin member organizations invite their peers from around the world to join them for this major cooperative event. Among these executives are two members of the Proxfin management committee: Sylvia Okinlay-Paraguya (in photo), Chief Executive Officer of the National Confederation of Cooperatives (NATCCO), Philippines; and Alpha Ouédraogo, Director of the Confédération des institutions financières (CIF), West Africa. They will both be speaking at the Summit. Watch the video 1. Find out more about Proxfin

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