EFFECTIVE ADMINISTRATION OF CREDIT IN COOPERATIVE ENTERPRISES.
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EFFECTIVE ADMINISTRATION OF CREDIT IN COOPERATIVE ENTERPRISES.
ABSTRACT
This project is intended to be useful to anyone who is interested in cooperative organisations, management, students, or the general public. This will demonstrate the technique of effective credit management in a cooperative society in Enugu South.
This research investigates the mechanisms by which cooperative organisations produce funds, such as through loan contracts. Furthermore, a thorough and critical analysis revealed that the cooperative was capable of raising funds for their aim from both internal and external sources.
Internal sources of fund generation include “share capital revolving, and so on.” External loans are provided by the Agricultural and Cooperative Development Bank and other agricultural and cooperative development entities.
Failures preventing successful management of cooperative societies were discovered to be economic, political, cultural, and religious concerns.
Many recommendations on how to improve cooperative administration are critically addressed, which might function as machinery for any provided effective guide towards achieving completed aims. This project’s data collection methods are statistical.
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