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We need to be responsible for our own information and that of the companies we represent”, concludes the IT analyst.Much is said about democratic management, especially in financial cooperatives – organizations such as Sicoob Engecred – but do you know what this means in practice? Well, when you open an account at a cooperative, you don't just become a 'customer', as you would at a traditional financial institution, but rather a cooperative member who also becomes the owner of the business.
In this way, he acquires the right to vote and decide the future of an institution that is also his. Why do cooperatives decide collaboratively? This is because they are built on a framework that prioritizes people to expand resources, disseminate moible number data knowledge and mitigate risks. In this way, Sicoob Engecred has all the resources of a traditional financial institution, adding the exclusive advantages of cooperatives. It is because people are at the center of the business that the assemblies are promoted.
Which bring together associates and directors (also chosen by the cooperative members) in a strategic conversation to present results and plan for the future. Complementarily, the participatory and democratic management of cooperatives is the second principle of the system, constituting the DNA of Sicoob Engecred. In other words, the active contribution of each cooperative member is paramount, deliberating on the cooperative of which they are a part.
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