CCA signs new MOU with Myanmar co-op apex
 
Ottawa, October 28, 2016
 
The Canadian Co-operative Association (CCA) and the Union of Myanmar Central Co-operative Society (CCS) have signed a new three-year Memorandum of Understanding to work together to strengthen the co-operative sector in that country.

Through this agreement, the two organizations renew their commitment to pool expertise and identify resources to build co-operatives that create wealth, reduce poverty, and build better livelihoods for people in Myanmar.
 
From left to right: CCA Programs Manager Derek Cameron, CCS Consultant U Hla Kyu, CCS Chief Executive Officer Kyaw Thein, and CSS Deputy Chief Executive Officer U Myint Soe with MOU.

"We will achieve much through our work together,"
says CCA/CDF Executive Director Michael Casey. "Our two organizations share a common vision of people working together to improve their economic and social well-being through the support and creation of co-operatives, and to work together towards developing regulations and policies that encourage co-operative growth and sustainability."
 
This MOU follows a previous agreement during which CCA hosted two participants in its Women's Mentorship Program, an annual professional development program for women credit union managers in developing countries. It also enabled several long- term volunteer co-op development assignments by Romeo Cormier, Murray Hidlebaugh and Rick Julianson which helped create a sesame seed oil producers co-op. All missions were funded by the Co-operative Development Foundation of Canada (CDF) . This new agreement affirms CCA's longer term commitment to co-operative development in Myanmar in partnership with CCS.
 
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The Canadian Co-operative Association (CCA) is a not-for-profit co-operative that operates as an independent subsidiary of Co-operatives and Mutuals Canada. Canada has a network of 9,000 co-operatives, with total assets of over CAD $415 billion and 187,000 employees. Working closely with the Co-operative Development Foundation of Canada, a registered Canadian charity, the Association seeks to establish and grow co-operatives, credit unions, and community-based organizations to reduce poverty and build sustainable livelihoods in less developed countries. CCA has worked in Asia and South-East Asia for more than 30 years, focusing on sustainable micro-finance co-op development and economic growth.
Please visit www.coopscanada.coop  
 
The Central Co-operative Society (CCS) is the apex organisation of co-operatives in Myanmar. Founded in 1905, today it comprises 22 unions, 424 federations and 39,898 primary societies. CCS is structured under the Union of Myanmar Co-operative Society Law of 1992. CCS was a pioneer in microfinance in Myanmar, launching a co-operative microfinance model in 2007. CCS coordinates co-operative development efforts in Myanmar, provides education and training for members of co-operatives, and represents Myanmar's co-operative sector internationally. Please visit www.ccsmyanmar.com    

The Co-operative Development Foundation of Canada
(CDF) is a registered charitable
organization that works to alleviate poverty by building and strengthening financial and
non-financial co-ops in Canada and around the world. CDF works with the Canadian
Co-operative Association (CCA) and other organizations to implement development
projects on its behalf. Please visit www.cdfcanada.coop

For more information contact:

David Shanks

Manager, Communications and Marketing
Canadian Co-operative Association
(613) 238 6711, #207
 


ABOUT THE CANADIAN CO-OPERATIVE ASSOCIATION
The Canadian Co-operative Association (CCA) is a not-for-profit co-operative with a mission to establish and grow co-operatives internationally that build a better world.  CCA delivers programs for the Co-operative Development Foundation of Canada (CDF) and other organizations which help communities fight poverty and create more secure lives through community-owned co-ops.
 
To achieve this mission, CCA works closely with Canadian co-operatives and credit unions to channel their knowledge and experience to partner organizations and co-operatives in Africa, Asia, the Americas, Eastern Europe and the Caribbean. For more information, visit   www.coopscanada.coop.
  

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