IMPACT OF CO-OPERATIVE FINANCING IN RURAL DEVELOPMENT (A CASE STUDY OF AHIAZU MBAISE AREAL COOPERATIVE COUNCIL)
ABSTRACT
The researcher wrote on the topic impact of cooperative financing in rural development using Ahiazu Mbaise Area Cooperative Council (ACC) as a case study. The purpose of the study is to determine the contributions of such cooperative project to the development of Ahiazu Mbaise, to identify the forms of cooperative finances that sustain the cooperative project undertaken. During the course of the study, the researcher encountered numerous problems which include insufficient finance, time constraint and the greatest problem the researcher faced was academic stress. Two hypothesis tests were formulated to direct the researcher in his study. The researcher used percentage method in presenting the information collected from his respondents and chi-square (x2) method in testing for his hypothesis. At the end of the hypothesis the test statistics is greater than the critical value, therefore the researcher rejected H0: and accepted HI: i.e. Alternate hypothesis. At the end of the study, the researcher was able to make some useful findings, such as cooperative has been recognized as the organizational vehicle for mobilizing the resources of rural primary producer and ensuring acceleration and progress, the government make efforts in developing standard of living in the rural areas. The provision of schools, Health centre and maternity, goof communication Network, construction of roads etc, problems facing Ahiazu Mbaise ACC in financing is as a result of poor management, loan default and lack of trained personnel, cooperative financing has positive impacts such as provision of drinkable water, Health Centre, Market, social amenities etc in the rural development. Therefore, the researcher concluded that cooperative financing has an impact on rural development.
TABLE OF CONTENTS
Title Page i
Approval Page ii
Dedication iii
Acknowledgement iv-vi
Abstract vii-viii
Table of Contents ix-x
CHAPTER ONE
1.0 Introduction 1
1.1 Background of the Study 1-5
1.2 Statement of the Problems 5-6
1.3 The Objectives of the Study 6
1.4 Research Question 7
1.5 Statement of Hypothesis 7
1.6 Significant of the Study 8
1.7 The Scope of the Study 9
1.8 The Limitation of the Study 9
1.9 Definition of Terms 10-11
CHAPTER TWO
2.0 Literature Review 12
2.1 Rural Development and Finance 12-14
2.2 Various Kinds of Cooperative in Nigeria 15-19
2.3 Source of Cooperative Funds 19-23
2.4 Utilization of Cooperative Fund 23-25
2.5 Cooperative Financing 25-30
CHAPTER THREE
3.0 Research Methodology 31
3.1 Introduction 31
3.2 Research Design 31
3.3 Sampling Design 31-32
3.4 Sources of Data 33
3.5 Method of Data Analysis 33-35
CHAPTER FOUR
4.0 Presentation and Analysis of Data 36-41
4.1 Decision for Test of Hypothesis I 42-45
CHAPTER FIVE
5.0 Summary of findings, Conclusion and
Recommendations 46
5.1 Summary of Findings 46-47
5.2 Conclusion 47
5.3 Recommendation 48-49
Bibliography 50-51
Questionnaire 52-54
