“…They rely on sound financial management, credit discipline, and local knowledge to address credit and banking access issues. Savings and credit cooperatives play a vital role in supporting low‐income individuals by delivering individual financial loans based on collective savings, contributing to poverty alleviation (Adusei et al., 2021; Manko & Watkins, 2021) and the differences in structure, incentives, and objectives between savings and credit cooperatives and conventional banks, which constitute the cooperative essence, that can lead to sustainability goals (Van Rijn et al., 2023). In addition, a critical aspect of the activity of savings and credit cooperatives, especially in developing countries, is their attention to the microfinance and microlending market.…”