Coop57

Ethical and solidarity-based finance

Coop57 is a financial services cooperative that describes itself as a tool for ethical and solidarity-based finance. It focuses on financing organizations in the social and solidarity economy and people who share its principles. It operates in Andalusia, Aragon, Asturias, Catalonia, the Basque Country, Galicia, Madrid, Valencia, and Mallorca.

Financial services

Coop57 offers two main types of services:

• Financing: loans tailored to each project, with flexible options and guarantees. The cooperative works with member organizations to adapt financing to their needs.
• Savings: members can contribute to the cooperative's share capital. Coop57 provides information about savings options and protections for contributors.

Principles and governance

The cooperative follows ethical principles and emphasizes trust, local relationships, and flexibility. It has regional sections and local organizing groups, as well as Fundació Coop57. It publishes information about its ethical principles, areas of work, and key figures.

Partnerships

Coop57 is part of the ethical finance movement and works with other organizations, networks, and federations to build the social and solidarity economy. It recently signed a guarantee agreement with the European Investment Fund under the InvestEU program, strengthening its financing capacity.

Headquarters and contact

Head office: 15 Premià Street, ground floor, Barcelona 08014. Phone: 93 268 29 49. Email: coop57@coop57.coop. Coop57 also serves members through regional sections.