Private company

CVECA

A CVECA is a self-reliant village savings and credit bank (from the French Caisse Villageoise d'Epargne et de Crédit Autogérée). CVECAs are designed to operate in rural areas with clients who are primarily subsistence farmers, with minimal non-farm income. While most banks have less than 250 members, they achieve service flexibility and economies of scale through networking together into regional federations.2 It was founded in 1980.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1980Founded1

A CVECA is a self-reliant village savings and credit bank (from the French Caisse Villageoise d'Epargne et de Crédit Autogérée). CVECAs are designed to operate in rural areas with clients who are primarily subsistence farmers, with minimal non-farm income. While most banks have less than 250 members, they achieve service flexibility and economies of scale through networking together into regional federations. "Each bank is managed by 2 part-time local staff and a board composed of members, all of whom have minimal education."2

Timeline

  1. 1980Founded Founded1

Sources

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