The role of cooperative society in entrepreneurship development - a study of cooperative thrift and loan society limited, Federal Polytechnic Nekede, Owerri, Imo state Department: Co-Operative Economics and Management By: Arinze1 Project ID: 5263 Rating: (3.3) votes: 6Rate this project12345 Price:₦2000 Get the Complete MaterialAbstractThe research assessed the Role of Cooperative Society in Entrepreneurship Development (A Study of Cooperative Thrift and Loan Society Limited, Federal polytechnic Nekede, Owerri Imo State) so as to identify their contributions towards members'' and host community well being, identify problems which Cooperative Society in Federal polytechnic Nekede, Owerri Imo State encounter etc. However, it was believed that thrift and loan co-operative societies started from the Eastern part of Nigeria to which Cooperative Thrift and Loan Society Limited, Federal polytechnic Nekede, Owerri Imo State belongs. Since then, Cooperative Thrift and Loan Society Limited, Federal polytechnic Nekede has served as the machinery of savings mobilization and funding of business to members who repay the loans with interest below the market rate. Data used for this study were collected from both primary and secondary sources. Primary sources of data were from oral interviews with the societies'' Officers and administration of structured questionnaires to the members. While secondary sources include textbooks, academic journals, web pages on the internet and other reference materials. Cooperative Thrift and Loan Society Limited, Federal polytechnic Nekede with a total population of about 150 members were purposely selected for the study. Probability random sampling techniques were used to draw a sample size of 90 respondents who responded to and returned the questionnaire. The data were analyzed and findings revealed that aggregate savings from the society studied was not enough to alleviate the financial problems of the members. The volume of loans disbursed was not enough for business expansion. Members do repay loans satisfactorily. The major problems facing the cooperative in the area were overdue loans and inadequate capital....Preview Download Preview +Other Co-Operative Economics and Management project topics and materials you might be interested in»The role of government in cooperative development (a case study of selected cooperative societies in Ahiazu Mbaise L.G.A Imo state) »The role of consumer cooperative in the economic development of Nigeria (a case study of consumer cooperative in Imo state - federal polytechnic Nekede) »The contributions of cooperative societies to the economic development (a case study of Oru-east local government area) »Strategies for effective management of cooperative business organisation (a case study of the cooperative thrift and loan society limited) »Problems and prospects of agricultural cooperative towards economic development (a case study of Oru-west L.G.A Imo state) »Government Policies on Small Scale Business, its Impact on Nigeria Cooperative Development ( A Case Study of Cooperatives Societies in Anambra State )»Cooperative activities on small scale industrial development»Cooperative society as an instrument of rural development»Problems and prospects of cooperative in small scale business in Nigeria (a case study of selected cooperative societies in Owerri west L.G.A Imo state) »Cooperative societies - a viable tool for creating investment opportunities in rural areas»The importance of improving agricultural production through the activities of agricultural cooperatives in Nigeria (a case study of some selected cooperative societies in Mbaise l.g.a) »The positive impact of consumer co-operative towards revamping the Nigeria economy (a case study of the consumer co-operatives in Owerri west local government area, Imo state) »Enhancing the performance of cooperative societies through the application of cooperative principles and legislations»Analysis of the causes and effect of poor performance of cooperative societies in Imo state (A case study of selected cooperatives in Obowo L.G.A) »The role of federal government in cooperative financing (a case study of Nigerian agricultural cooperative rural development bank Owerri branch office)