AN ANALYSIS OF THE DIFFERENT REGULAR SOURCES OF COOPERATIVE FINANCE (A CASE STUDY OF SOME SELECTED COOPERATIVE SOCIEITES IN IDEATOR SOUTH LOCAL GOVERNMENT AREA, IMO STATE)
ABSTRACT
In the course of this research work topic “An Analysis of the different regular sources of cooperative finance project was appraised. This was done in order to evaluate the different ways of financing the cooperative project. In cooperative finance project, a lot of sources are enumerated but the most source of it is the share capital which are contributed by members of the society. Data for the research work was collected from both the primary and secondary data, which include questionnaire, personal face to face interview etc. The general constraints that militate the achievement of the cooperative project and how it affect the societies at large was also identified. Finally, to court these constraints, the cooperative society should look for a way to increase their share capital; moreover, the government should assist the society regularly and not seldom so that meaningful project can be initiated.
TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgment iv
Abstract v
Table of Contents vi
Chapter One
1.0 Introduction 1
1.1 Background of the Study 1
1.2 Statement of the Problem 3
1.3 Objectives of the Study 4
1.4 Scope of the Study 5
1.5 Research Hypothesis 6
1.6 Significance of the Study 6
1.7 Limitation of the Study 7
1.8 Definition of Terms 9
Chapter Two
2.0 Literature Review 11
2.1 Definition of Cooperative 12
2.2 The Role of Finance in Business Enterprise 14
2.3 Source of Cooperative Finance 17
Reference 34
Chapter Three
3.0 Research Methodology 35
3.1 Introduction 35
3.2 Research Design 36
3.3 Method of Data Collection 37
3.4 Population 38
- Sample Size 38
- Method Of Data Analysis 39
- Questionnaires 40
Chapter Four
4.0 Presentation and Analysis of Data 46
4.1 Presentation of Data 46
4.2 Analysis of Data 47
4.3 Test of Hypothesis 54
Chapter Five
5.0 Summary, Conclusion & Recommendations 60
5.1 Summary 60
5.2 Conclusion 61
5.3 Recommendation 62
Bibliography 63
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Cooperative organization as a form of business organization and an instrument of government development police have undergo series of problems.
The history of Rockdale Equitable pioneers has shown that began in Britain as a revolt against evil practices of individualistic capitalism. Therefore, it emerged as an attempt to create a new, social order where human values will be respected from the equitable pioneers ideas and those of prominent crusaders such as Robert Own, William king, Charles, Philip Buchere, France and all over the word.
Since cooperative arises when individuals realized the need and benefit of acting collectedly, everything aims towards serving great economic need or advantage of members.
But coming to the developing countries of the world of which Nigeria is not exclusive, and taking a critical look at the nature of the problem of which this research work as based that is financial problem in the cooperative, this happens to be the most important bottle neck to rapid cooperative development.
Robert Owen is one of the prominent crusaders, who a capitalist and factory owner, He adopted humanitarian idea of treating the workers with respect, he paid than lucking wages, reduced their hours of work, put a stop to child labor, keep the factory clean, started school for workers children, created workers leisure hours for games and recreation, retained part of the profit made for weeks welfare etc. all these were done in the belief that people world work best if they are healthy and happy. He further proposed that government should pass factory acts regulating factory conditions and enforcing children education.
Leave a Reply
You must be logged in to post a comment.