EcosystemSUMMIT & RESEARCH
The ownership economy · SELECTED MOMENT · 2:03

The credit cooperative arose to address conventional lenders’ difficulty financing collectively responsible firms.

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Ander Etxeberria OtaduiHead of Cooperative Dissemination · MONDRAGON CorporationLinkedIn ↗
Martin SmithCo-Founder & CEO; Partner, The Ownership Economy · CommonShareLinkedIn ↗
Ander Etxeberria OtaduiHead of Cooperative Dissemination · MONDRAGON CorporationLinkedIn ↗

The credit cooperative arose to address conventional lenders’ difficulty financing collectively responsible firms.

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Attributed contributors: Ander Etxeberria Otadui; Martin Smith. “The credit cooperative arose to address conventional lenders’ difficulty financing collectively responsible firms..” Ideology vs. Practice in Building the World’s Largest Federation of Cooperatives. ECOSYSTEM Summit, Barcelona, 17 September 2026. Session time 7:51–9:54. https://cs-ecosystem.commonshare.workers.dev/evidence/E-d7e863248d7e

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institutional history

The credit cooperative arose to address conventional lenders’ difficulty financing collectively responsible firms.

Contributors
Ander Etxeberria OtaduiHead of Cooperative Dissemination · MONDRAGON CorporationLinkedIn ↗
Martin SmithCo-Founder & CEO; Partner, The Ownership Economy · CommonShareLinkedIn ↗

Proposed mechanism: Create a financial institution suited to cooperative borrowers.

Limit: Historical rationale is the speaker’s account.

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