AN ASSESSMENT OF COOPERATIVE SOCIETIES ON ECONOMIC EMPOWERMENT OF MEMBERS (A CASE STUDY OF AKWAPOLY MULTI-PURPOSE COOPERATIVE LTD)

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ABSTRACT

This study is centered on the “Assessment of Cooperative Society on Economic Empowerment of it members” (A Case study of Akwapoly Multipurpose Cooperative Limited). To accomplish this research objective, the study adopted the survey research design while convenience sampling technique was used to select (50) as sample size and the respondents for the study. Instrument used for data collection was a self developed questionnaire and the forms were personally administered. Data analysis technique employed was descriptive statistic which involved the use of simple frequency tables and percentages. The study revealed that the role of cooperative society in economic empowerment of it members include to foster economies of scale, provision of higher income, mobilization of resources for income generation.  The study also found out that the strategies for empowering members of cooperative society includes training of member in skill acquisition, facilitation of financial services, employment creation for members. The study also revealed that the challenges faced by cooperative society in the economic empowerment of it members includes lack of finance, lack of business technique and mismanagement. Lastly, the study revealed that the solutions to challenges faced by cooperative society in the economic empowerment of it members include training of members and committee members, encouragement of internal capital formation, encouragement of members participation through improved services. It is however recommended among others that since increase income level is attributed to membership effect, as such cooperative should encourage people to join the society and also encourage to participate in the economic activities of the society.    

TABLE OF CONTENTS

                                                                                   Pages

Title Page  –       –       –       –       –       –       –       –       –       i

Approval Page    –       –       –       –       –       –       –       –       ii      

Certification        –       –       –       –       –       –       –       –       iii

Dedication –       –       –       –       –       –       –       –       –       iv

Acknowledgements     –       –       –       –       –       –       –       v

Abstract     –       –       –       –       –       –       –       –       –       vi     

List of Tables      –       –       –       –       –       –       –       –       vii

Table of Contents       –       –       –       –       –       –       –       viii-x

CHAPTER ONE

INTRODUCTION

  1. Background of the Study     –       –       –       –       –       1-3
    1. Statement of Problem  –       –       –       –       –       –       3-4
    1. Objectives of the Study               –       –       –       –       –       4-5
    1. Research Questions    –       –       –       –       –       –       5
    1. Scope of the Study     –       –       –       –       –       –       5
    1. Limitations of Study    –       –       –       –       –       –       6
    1. Organization of the Study    –       –       –       –       –       6-7
    1. Definition of Terms     –       –       –       –       –       –       7

 Pages

CHAPTER TWO

REVIEW OF RELATED LITERATURE                       

2.1    The Concept and Meaning of Cooperative Society   –       8-11

2.2    Benefit of Cooperative Society      –       –       –       –       11-12

2.3    Type of Cooperative Society         –       –       –       –       12-14

2.4    Strategies of Empowering Members in the

Cooperative Society     –       –       –       –       –       –       14-16

2.5    Economic Empowerment (An Overview)        –       –       16

2.6    Assessment of Cooperative Societies in Economic

Empowerment of Members  –       –       –       –       –       16-18

2.7    Challenges of Cooperative Society –       –       –       –       18-20

2.8    Solution to Challenges Faced by Cooperative Society               20-21

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1    Research Design               –       –       –       –       –       –       22

3.2    Population of the Study       –       –       –       –       –       23

3.3    Sample and Sampling Technique  –       –       –       –       23

3.4    Instrumentation  –       –       –       –       –       –       –       24

3.5    Problems of Data Collection  –       –       –       –       –       24

                                                                                                Pages

CHAPTER FOUR

DATA PRESENTATION, ANALYSIS AND INTERPRETATION

4.1    Analysis of Research Question      –       –       –       –       25

4.1.1 Research Question One       –       –       –       –       –       25-27

4.1.2 Research Question Two       –       –       –       –       –       27-28

4.1.3 Research Question Three     –       –       –       –       –       28-30

4.1.4 Research Question Four      –       –       –       –       –       30-31

4.2    Discussion of Findings –       –       –       –       –       –       31-33

CHAPTER FIVE

SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS

5.1    Summary of Findings  –       –       –       –       –       –       34-35

5.2    Conclusion         –       –       –       –       –       –       –       35

5.3    Recommendations      –       –       –       –       –       –       36

References

Appendix