The World Bank has shifted its focus on rural development from mainly lending for agriculture to working in all major development areas and providing financial and technical assistance. It is owned by five institutions working together for sustainable solutions and to reduce poverty and build shared prosperity. In the Philippines, the World Bank has funded 338 rural development projects, with 27 currently active. Community organizations and integrated rural development approaches have been used, with the latter defined as both a strategy and program and taking various forms like being target-oriented or community-centered. Cooperative development has also been a key approach, with the first rural credit cooperative established in 1916 and marketing cooperatives and the Agricultural Credit and Cooperative Financing Administration later playing roles in rural financing and groupings of