Cooperatives

The Government of Rwanda recognizes the central role that cooperatives have to play in promoting inclusive, sustainable development and economic transformation. Cooperatives are a unique form of self-help group, pooling members’ resources to achieve economies of scope and scale.

Cooperatives have a great poverty reduction potential. By pooling resources together in and keeping strong links to their local environments, cooperative members stand to benefit significantly from joining a cooperative. However, cooperatives are also facing many challenges:

  • limited information and awareness of existing policies, laws, regulations and internal rules
  • poor governance skills in cooperatives
  • financial mismanagement, due to non-transparent decision-making process
  • embezzlement, due to poor monitoring procedures
  • lack of financial reporting and weak internal communication system
  • threats, due to poor financial literacy and weak self-help of members
  • interest of conflict creates disconnects between leadership and the membership base

The Rwanda Institute of Cooperatives, Entrepreneurship and Microfinance has developed many different modules to offer through training to hinder challenges affecting that sector:

Specific modules:

1. Effective Governance
2. Effective leadership
3. Cooperative management
4. Basic Accounting and Financial Management
5. Risk Management
6. Strategic Management
7. Filing system and recording management
8. Business planning
9. Cooperative laws and regulations
10. Effective monitoring and Evaluation
11. Effective report writing and analysis
12. Internal control
13. Staff planning and development
14. Strategic Marketing

Cross-cutting modules:

15. Effective communication
16. Customer Care and Relationship Management