Creating Opportunity for Financial Empowerment for All
Tuesday 13 August 2013
Monday 24 June 2013
Edo Cooperative Farmers Association
What Is Garri? What is Cooperative Society
WHAT IS COOPERATIVE SOCIETY?
The word Co-operative Society has been defined in so many ways. For instance, N. Akpan defined co-operative as a group of people that come together on equal basis to promote their economic interest. Mr J. E. Oseromo, a one time Director of Co-operatives, Edo State, also defined Co-operative Society as a family of people who have come together on equal basis to promote their economic interest, and share equal risk. Why Mr. P. E. Akhigbe a one time lecturer in the Edo State Co-operative College define it as owner formed, owner managed and owner use. On his part, Mr. S. E. Ilegbinosun defines Co-operative society as business of the people, by the people and for the people.
What is ACFA? Tracks
and Handbills Download ACFA
Members
Why was the association
formed? Aims and Objectives of the association
Download MembershipForm Why co-operatives fail Where can we find the truth?
Role Of Co-operative Sector
What Is Co-operative Society?
Role Of Co-operative Sector
What Is Co-operative Society?
WHAT IS COOPERATIVE SOCIETY?
The word Co-operative Society has been defined in so many ways. For instance, N. Akpan defined co-operative as a group of people that come together on equal basis to promote their economic interest. Mr J. E. Oseromo, a one time Director of Co-operatives, Edo State, also defined Co-operative Society as a family of people who have come together on equal basis to promote their economic interest, and share equal risk. Why Mr. P. E. Akhigbe a one time lecturer in the Edo State Co-operative College define it as owner formed, owner managed and owner use. On his part, Mr. S. E. Ilegbinosun defines Co-operative society as business of the people, by the people and for the people.
In 1995 International Co-operative Alliance
(ICA) definition stands accepted by all co- operators today. And the definition
is:-
A
co-operative society is an autonomous association of persons who have
voluntarily joined together to achieve a common economic and social objective
through the formation of a jointly-owned and democratically controlled business
organization. Which its Members are expected to make equitable contributions to
the capital required and also to accept a fair share of the risks and benefits
of the undertakings. Co-operative societies work on the principles of self-help
and mutual assistance to provide services for their members in a prudent and
effective manner. Wednesday 8 May 2013
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