Word: co-op
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There was the day in early February when the killing came to SAIS Cahuide, a private co-op in Peru's central Junin department. It was a thriving agricultural concern then, boasting up to 130,000 head of livestock, 800 workers who sold 10,000 liters of milk a day, and 170 administrative and technical advisers. A column of guerrillas armed with machine guns, members of the 5,000-strong Maoist revolutionary group Sendero Luminoso (Shining Path), marched in to destroy everything and starve anyone who did not cooperate with them. The rebels killed or took most of the animals...
...village women were provided with start-up loans for launching small businesses, such as making pottery, raising poultry and running grocery stores. About 123,000 women are currently enrolled in the cooperative. At weekly meetings, health-care and contraceptive information are distributed among members. An extraordinary 75% of the co-op members of childbearing age use contraceptives, while nationwide only 35% of married women practice birth control...
...most specific complaints have come from tenants Jacqui Kennedy and Frank Farley. They say they fear the owners might try to turn the building into a type of co-op in which only subsidized tenants or those who could afford mortgage payments would be able to stay...
...Neill also said she estimated that "80 per cent of the tenants don't one way or another and 10 percent are enthusiastic about [the chance of creating a co-op] because they see an option to own their own building in the future...
...building could become a limited equity co-op if 80 per cent of the tenants voted for it. In that case, those tenants receiving subsidies under the federal Section 8 program could use their government money towards a mortgage rather than rent...