TABLE OF CONTENT
Title page i
Certification ii
Dedication iii
Acknowledgement iv
Table of content v
CHAPTER ONE
1.0 Introduction 1
1.1 statement of the proble 3
1.2 objective of the study 3
1.3 Research work is normomed to the course study
in references to ejigbo osun state 4
1.4 Limitation of study 5
1.5 Significance of the study 6
1.6 Research question 7
1.7 Defination of terms 8
CHAPTER TWO
2.0 literature review 10
2.1 Meaning of cooperative 10
2.2 Principle of cooperative 15
2.3 Types of cooperative societies 18
2.4 Aims and function of cooperative society 20
2.5 The importance of cooperative societies in a community 21
2.6 Problems encountered by cooperative societies 22
2.7 Anvantages and disvantage of cooperative societies 24
2.8 Comarision of cooperative societies with other business
Formation 25
2.9 profit and surplus 26
CHAPTER THREE
3.0 introduction 28
3.1 research design 28
3.2 source of data collection 29
CHAPTER FOUR
4.0 introduction 33
4.1 data presentation 33
4.2 data analysis 33
4.3 table presentation 35
4.4 testing of hypothesis 38
CHAPTER FIVE
- summary of findings 46
5.1 summary of finding 46
5.2 conclution 47
5.3 recommendation 48
5.4 suggestions for furthers studies 49
CHAPTER ONE
INTRODUCTION
An alternative form of marketing organization for entrepreneurs and trading company in which has played a major role in most of local areas in Nigeria involving Ejigbo and it environment in the co-operative societies.
Co-operative societies have played a vita role on the economic development and upliftment of people in rural communities due to the fact that society regarded it as heir economics saviors. co-operative has a basic survival value; the is because it constitutes a vital aspect of both individual and group behaviour. The individual co-operative with each other as a means of survival and security
More so, individual group relationship on only be achieved through working together otherwise referred to as the spirit of togetherness.
In a general sense, co-operation is not new phenomenon, parents and children cooperate, tenants and lord co-operation, teacher and pupils cooperate in communities and states in other to achieve their aims, objectives, using mission and aspiration
In a specific sense, co-operative society refers to association of people coming together for their economic boost and social interest of their members.
Acquiring of shares in viable going concerns
Establishment of viable projects, for instance, setting up of industries, catering services and consumers shop aims towards bringing grassroots people closer to the government. according to international labour in a book titled co-operative management and administration published in gebeva, 1968.
“The modern co-operative institution originate among the common people and still remains a mechanization for defense, betterment and emancipation to combat the condition brought about by he evolution of the market economy industrial reduction in the early nineteenth century”
- STATEMENT OF THE PROBLEM
This project is designed to highlight the impact of co-operative societies on economic development of rural community.
The main purpose of this research study is to investigate he need for a formation of co-operative societies as only source of securing economic development of a rural community with a particular reference to Ejigbo Karowoseye co-operative finance and credit union limited, ejigbo.
Henceforth, one cannot but mention the factor that have hampered their firm achieving their main objectives rendering the needful services to its members.
Therefore, the problems are stated as follows:
- Evaluating the impacts of education provided for members
- Difficulty in collecting members dues
- Poor methods of retrieving loans back
- objective of the study
One of the most important objectives of any organization is community in business in business in this regard an adequate reaction of four to be learnt on member for necessary of production purpose be made available from time to time. This research work also has the following objective
- to clarify likely problems facing cooperative securities
- to commend the possible solution to the problem associated to cooperative
- to serve as guide for other cooperative in implementation of their policies and programmes
- to improve the proper administration or management in formation implementation and execution of strategies needed
- The research work is narnomed to the course study in references to Ejigbo co-operative finances and credit union ltd Ejigbo Osun state
This emphasis on a relevant concept in relationship to the case study.
- LIMITATION OF THE STUDY
The main limitation of the study included the following
