Ruthyana Ngundo
Sofia University “St. Kliment Ohridski”, Faculty of Economics and Business Administration, 1113 Sofia, Bulgaria
Ngundo, R. (2024). Cooperatives and credit cooperatives in East Africa: from improving the economic welfare of low-income earners to becoming a source of growth. Bulg. J. Agric. Sci., 30(6), 959–965
The paper compares statistics and qualitative observations on development of cooperatives in East Africa and Central and Eastern Europe in seeking ways to transform the understanding of cooperatives as an instrument to improve the economic welfare of low-income earners to a development and growth instrument for the whole economy. A special emphasis is given to the saving and credit cooperatives in East Africa, as they dominate the cooperative population in all East African countries but Ethiopia. The paper proposes several policy-relevant ideas of how to do that.