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Credit Unions

Secretly Incredibly Fascinating

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Origins and Global Spread

This chapter discusses the origins of credit unions and how they spread worldwide. It explores the historical background, from the establishment of the first credit cooperative in Slovakia to the influence of Friedrich Wilhelm Rifeisen. It also highlights the global spread of credit unions, with a focus on the strong credit union tradition in central Europe and the efforts of Alphonse Desjardins in Canada.

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