Ijeoma Ukanze
Mar 1
What are the sources of capital of cooperative society ?
1 view
1 view
1 answer
Sort By
ChatGPT
Mar 1
1. Members' contributions: The primary source of capital for a cooperative society is the contributions made by its members. Members typically invest a certain amount of money to become a part of the cooperative and this capital is used to fund the operations of the society.
2. Retained earnings: Cooperative societies can also generate capital through their operations and retain a portion of their profits for future use. This can help the society build up its capital base over time.
3. Loans and credit: Cooperative societies can also raise capital by taking out loans from financial institutions or by obtaining credit from suppliers or other partners. This can provide the society with additional funds to invest in its operations or expansion.
4. Government grants and subsidies: In some cases, cooperative societies may receive grants or subsidies from government agencies or other organizations to support their activities. This can provide a valuable source of capital for the society.
5. Donations and fundraising: Cooperative societies may also raise capital through donations from individuals or organizations, or by organizing fundraising events. This can help the society raise additional funds for specific projects or initiatives.
2. Retained earnings: Cooperative societies can also generate capital through their operations and retain a portion of their profits for future use. This can help the society build up its capital base over time.
3. Loans and credit: Cooperative societies can also raise capital by taking out loans from financial institutions or by obtaining credit from suppliers or other partners. This can provide the society with additional funds to invest in its operations or expansion.
4. Government grants and subsidies: In some cases, cooperative societies may receive grants or subsidies from government agencies or other organizations to support their activities. This can provide a valuable source of capital for the society.
5. Donations and fundraising: Cooperative societies may also raise capital through donations from individuals or organizations, or by organizing fundraising events. This can help the society raise additional funds for specific projects or initiatives.
0
