Overview
Welcome to ICRG’s Annual Learning Event (ALE). Every year, with the support of USAID’s Cooperative Development Program (CDP), the ICRG co-creates a participatory learning event for all CDP implementers and selected partners. This year’s focus is on Cooperative Finance, and we will explore together the limitations and potential of the cooperative business model, options available, and the ways that finance affects the outcomes of every CDP project.
The ALE creates a safe space for CDOs to share experiences and learn from each other’s successes and challenges encountered. This mutual learning approach also draws upon data, evidence and expert knowledge provided through material made available before and during the event as well as through presentations by external experts in the field of cooperative finance.
The specific objectives of the ALE are:
- To increase each participant’s knowledge around the broad subject of cooperative finance.
- To provide practical information and approaches applicable to each CDP implementer’s activities that support cooperatives as leaders of locally led development
- To create synergies among CDP implementers.
- To create opportunities for CDO networking and
- To strengthen the sense of community among CDP implementers.
Financing for Cooperative Development
The theme of financing for sustainable cooperative development is discussing how project investment in capacity building, strengthening partnerships, will continue to operate and serve the cooperative community long after the end of the project .
Based on a robust dialogue at the Sept 19th CG meeting, the consensus for this year’s ALE theme is the topic of finance. Our co-design discussions have helped to shape the meeting.
The learning approach for this ALE is to explore cooperative finance from 2 separate lenses:
How are financial instruments and services matched with stage of cooperative maturity, How do they manage risk? What do they need to do to be able to lend comfortably to cooperatives, meaning a group of people rather than the better known models of corporations. Small companies or sole proprietorships? What does their current underwriting require and how can it be adapted as necessary to enable lending to cooperatives. And if a grant making facility, what levels of financial confidence are required and how are these best demonstrated?
The perspective of cooperatives – How are cooperatives evaluating financial health and creating financial plans to better serve members? How is this different for mature cooperatives that have been operating profitably over several years compared to early stage cooperatives that are still building their business? “Maturity” means the relative ability to take on debt, manage finance and other resource consistent with members’ desires and aspirationss? [1]
[1] Governance tool
The learning event is designed for CDOs to learn what they are doing, what is working, what is not, and how they are doing it. Discussion will include insights into what tools, models and frameworks are used to evaluate, assess, and train cooperatives and other stakeholders. As you talk about your efforts in financing cooperative development, we will have a flipchart on the wall where you can post (on a sticky note) the tools, frameworks, methodologies, etc. that you use in your work.
Event Agenda
Tuesday, December 3
Check-In (hotel)
ALE Registration
Introductions, Mutual Goal Setting and Identifying Challenges and Opportunities
Wangeci Gitata-Kiriga, ALE Facilitator
Welcome Reception
Wednesday, December 4
Breakfast: | Conference Room A
Welcome and Introduction to the day
Wangeci Gitata-Kiriga
Opening Remarks: Finance and Cooperative Development
Paul Hazen, Executive Director OCDC
Abegail Anderson, USAID
Judith Hermanson, Director, ICRG
ABCs of the cooperative business model: (review of pre-work)
Matching External Financial Providers to Stage of Cooperative Maturity: Exploring the CDO Experience
SMALL GROUPS DISCUSSION: WITH SESSION GUIDE
- Group 1 Foundations
- Group 2 Government
- Group 3 Commercial
- Group 4 Blended Finance
- Group 5 Impact Investors
- Group 6 Green Finance
Plenary: Group Report Outs and Key Takeaways
Group Photo
Lunch
Financial Institutions: Matching Financial Instruments to Stage Cooperative Maturity
Panel: Considerations by Financial Organizations in Providing Finance and Funding to Cooperatives
Q & A
Stretch and Health Break
SPARK talk (WOCCU, Ann Wessling)
Recap and Reflections
Close of Day
Cocktail Hour at St. Gregory Hotel
Dinner at St. Gregory Hotel
Thursday, December 5
Breakfast
Welcome
SPARK talk (ICRG, Judith Hermanson and Sylandi Brown)
Cooperatives Investing in Their Cooperative
ABCs of Cooperative Capitalization (NCBA CLUSA, Virginia Brown & Camila Piñeiro)
Fireside chat: CDOs working with more mature cooperatives
Q & A
Lunch
Cultural Dessert
Panel: CDOs working with nascent cooperatives
Q & A
Recap and Reflections / Looking ahead to Friday
Identifying Partnerships and Advancing Collaboration
Friday, December 6
Breakfast
Welcome
Lightning rounds (CDP Implementer Collaboration)
Small Group Discussion
Building on the discussion from yesterday. Small group discussion about cooperatives financing their growth and stability from the perspective of established and nascent cooperatives.
Plenary
SPARK talk (CDA, Ray Elevazo and Mayet Hwang)
Review parking lot/burning questions
Goals to Action
Feedback
Wrap up 2024 ALE and closing remarks
Lunch
Participants
Judith A. Hermanson, PhD
Director, ICRG
Paul Hazen
Executive Director, OCDC
Barbara Czachorska-Jones, PhD
Learning and Training Manager, ICRG
Sylandi Brown, MA
Communications Manager, ICRG
Rebecca Savoie, PhD
Senior Researcher, ICRG
Wangeci Gitata-Kiriga
MC-Facilitator, ICRG
José Eguigure-Castillo, MPA
Senior Research Translation and Application Manager, ICRG
Nadege Besson-Rouse
Organizing Assistant, ICRG
Justin Franks
IT Consultant, ICRG
Ashley Holst
Chief of Party, CLEAR+, Global Communities
Piper Marsh
Senior Program Specialist, Land O’Lakes Venture37
Alan Isaac
Program Director – Program Management, Land O’Lakes Venture37
Dary Goodrich
Chocolate Products Manager, Equal Exchange
Quintin Dipina
Africa Portfolio Consultant, World Council of Credit Unions (WOCCU)
Jasmine Mesidor
Program Manager, National Cooperative Business Association CLUSA International (NCBA CLUSA)
Alex Dunkel
Senior Project Coordinator, ACDI/VOCA
Britt A. Cruz
Deputy Director, HealthPartners
Aline Guzik Duno
Global Program Manager, WOCCU
Eve Wanjira Ndegwa
Health Financing Officer, Health Partners-Kenya
Heather Schommer
Senior Program Manager, Land O’Lakes, Venture37
Kendra Smith
Program Manager HQ, Health Partners
Laurent Gomis
Chief of Party and Country Representative, ACDI VOCA
Maria Eugenia Diaz
Guatemala Project Manager, Global Communities
Pamela Kaburu
Monitoring and Evaluation Specialist at Global Communities, USAID CLEAR+ Project
Virginia Brown
Chief of Party, NCBA CLUSA USAID CDP
Yurlady Chaverra Palacios
Quality Assurance Coordinator, NRECA
Brian Warby, PhD
Senior Researcher, ICRG
Camila Piñeiro
Co-op Development Technical Specialist, National Cooperative Business Association CLUSA International (NCBA CLUSA)
Elizabeth O. Batonan
Deputy Administrator, Credit Surety Fund Service, Cooperative Development Authority
Marieta P. Hwang
CDA Region III Extension Office Director
Ray Ragel Elevazo
Deputy Administrator, Cooperative Development Authority (CDA)
Willy Nyirigira
Chief Of Party, Climate Smart Cattle Cooperatives, GENEX
Abegail (Abby) Anderson
Communications & Knowledge Management Specialist, USAID
Daniela Lopez Echeverri
Program Officer, Global Communities
Dylan Butler
Senior Manager, Bilateral and Multilateral Partnerships, Root Capital
Dami Odetola
Vice President, National Cooperative Bank
Ann Wessling
Chief of Party, CDP-AGIL4CU Project
Observers
Asec. Myrla B. Paradillo
Assistant Secretary and Board Member, CDA
Mae Joi Pia S. Santos
Supervising Cooperatives Development Specialist, Policy Development and Research Division, Cooperative Development Authority