STRATEGIES FOR FINANCING AND IMPROVING CO-OPERATIVE IN ENUGU STATE

CHAPTER ONE 

1.0     INTRODUCTION

1.1BACKGROUND OF THE STUDY

 Cooperation is a behavioral pattern that lubricates that relationship between man and guarantees the success of any joints human venture or product. Its virtues are trust, confidence and well feeling. cooperation society is a business organization that functions using the tenancy of cooperation in its practices. Those tenancies of cooperation are the Principles of cooperative.

Co-operative societies as a form of business organization carries about when people with common interests unit themselves into a group, financed and controlled by them for the purpose of achieving heir goals.

In Nigeria co-operative have been in existence for a long period of time. This is understandable because most communities in Nigeria and Africa in general had series of associations.

These organization have the following objectives

–              Construction of rural roads and bridges

–              Communal farming and building of houses through collective power

–              Local contribution of funds for helping members (ISUSU).

 

RELATED PROJECT  COOPERATIVE THRIFT AND LOAN SOCIETY (A CASE STUDY OF FEDERAL MINISTRY OF INDUSTRY AND TECHNOLOGY, OWERRI, IMO STATE – 2004 – JUNE 2010)

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