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Internal sources involve money generated from sources within the society,emphasize and list internal sources of capital available to cooperatives ?
Internal sources involve money generated from sources within the society,emphasize and list internal sources of capital available to cooperatives ?
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ChatGPT
Jun 27
1. Member contributions: Members of the cooperative contribute capital through the purchase of shares or membership fees.
2. Retained earnings: Cooperatives can reinvest profits back into the business to fund growth and expansion.
3. Loans from members: Members can provide loans to the cooperative to help finance projects or operations.
4. Surplus funds: Cooperatives can set aside surplus funds from profitable operations to use as capital for future investments.
5. Asset sales: Cooperatives can sell assets such as equipment or property to generate capital.
6. Grants and subsidies: Cooperatives may be eligible for grants or subsidies from government or non-profit organizations to support their operations.
7. Crowdfunding: Cooperatives can raise capital through crowdfunding platforms by soliciting contributions from a large number of individuals.
8. Profit-sharing arrangements: Cooperatives can offer profit-sharing arrangements to employees or members as a way to incentivize investment in the business.
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Google Gemini AI
Jun 27
Internal Sources of Capital Available to Cooperatives:
1. Entrance Fees: - Initial payments made by new members upon joining the cooperative.
2. Share Capital: - Contributions made by members to the cooperative's permanent capital.
3. Savings Accounts: - Deposits made by members to earn interest and accumulate savings.
4. Loans from Members: - Funds borrowed from members to finance cooperative activities.
5. Retained Earnings: - Profits generated by the cooperative that are not distributed to members but reinvested in the business.
6. Depreciation Fund: - Funds set aside to cover the replacement cost of fixed assets.
7. Subsidies: - Financial assistance provided by government or non-profit organizations to support cooperative development.
8. Grants: - One-time or recurring payments from donors to support specific projects or activities.
9. Investments: - Surplus funds invested in interest-bearing instruments or equity holdings.
10. Sale of Assets: - Sale of non-core assets or idle equipment to generate revenue.
11. Voluntary Member Contributions: - Non-obligatory contributions made by members to support specific initiatives or projects.
12. Membership Dues: - Regular payments made by members to maintain their membership and support the cooperative's operations.