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HOW TO ORGANIZE A VIABLE CO-OPERATIVE
SOCIETY
ABSTRACT
This project work is channeled towards
studying how to organize a viable co-operative society. It specifically dealt
with motives for joining co-operative society, factors affecting the formation
of co-operative society and Ten steps in organizing a viable Co-operative
Society.
TABLE
OF CONTENTS
CHAPTER ONE
1.0
Introduction
1.1 Statement of Research
Problem
1.2
Purpose of the Study
1.3
Background of the Study
1.4
Theoretical Foundation of the Study
1.5
Research Question
1.6
Limitation of the Study
1.7
Significant of Study
CHAPTER TWO
2.1
Who is a Co-operator?
2.2
What is a Co-operative and Value?
2.3
What is a co-operative society?
2.4
Co-operative values
2.5
Types of Co-operative Societies
2.6
Consumer Co-operative
2.7
Agricultural Co-operative
2.8
Productive/Producer Co-operative
2.9
Classification of Co-operatives Societies
4.1
According to Functions
4.2
According to the Economic status of members of the Society.
4.3
According to the sector of the Economy in which the societies
are engaged.
4.4
According to the number of function carried out by the societies.
4.5
According to the level of operation of the societies.
4.6
According to the area of operation
4.7
According to the legal status of societies
4.8
According to the liability of the members on
liquidation of the societies.
4.9
According to the level of integration or the functional
link between the members enterprises or households and the co-operative
enterprises.
4.10
According to the degree of autonomy
4.11
According to the sex of members
4.12
According to the envisaged duration of the societies
4.13
According to the size of the societies
4.14
According to the functional state of the societies
4.15
According to the nature of goods produce
2.5
Structure of co-operative societies
5.1
Primary Co-operative Societies
5.2
Secondary co-operative societies
5.3
Tertiary co-operative societies
5.4
Co-operative management structure
5.5
Tools of control
2.6
Principle of co-operation
2.7
Motives for joining or forming co-operatives
7.1
Economic motives
7.2
Sociological/Emotional motives
7.3
External Pressure
2.8
Factors which influence the formation of co-operative
2.9
Ten steps of organizing a viable co-operative societies
CHAPTER THREE
3.0
Research methods and procedures
3.1 Research Design
3.2
Sampling
3.3
Description of the Research Instrument
3.4
Method of Communication of the Research
3.5
Field work
CHAPTER FOUR
4.0
Data presentation and Analysis
4.1 Introduction
4.2
Data presentation
CHAPTER FIVE
5.1
Summary
5.2
Finding
5.3
Conclusion
5.4
Recommendation
5.5
Reference
Bibliography
CHAPTER
ONE
1.0
INTRODUCTION
1.1
BACKGROUND OF STUDY
This is a discernible pattern of
co-operative development in African and Asian Countries which were former
colonies of Europe Nigeria is no exception. During the colonial days the
seed of co-operative was sown but it could only grow slowly. At this points,
co-operative were restricted to serve only the purposes of the paymaster (the
white man). Co-operatives then were not allowed to grow or expand into
the hinter lands.
In Nigeria, the first hint on co-operative emergence occurred during the first
World War. This co-operative which happended to be a consumer
co-operative was, modeled the Rochdala of England home of the
colonialist. These early co-operative societies existed to ratio out
goods, which were very scared during the World War and died a natural death
sown after the World War.
Therefore, in 1926, the then colonial Agricultural ministry began organizing
cocoa formers around Abeokuta and Ibadan in Western Nigeria to market their
product especially to Europe where the colonical masters needed tit for their
home industries. This was also the patterned development of co-operative
in British colonies. After this experiment, the Western region of Nigeria
embraced co-operative, especially marketing types.
The Agricultural ministry continued to maintain control and supervision over
these Western co-operative societies. Emboldened by this sequence in
co-operative acceptance in the West and the attendant success of the marketing
co-operatives which had translated into more raw material for parent companies
in Europe, the colonial master appointed Mr, F. C. Strickland to go and
understudy the success story of cocoa marketing co-operative in the western
region, with a view to enacting co-operative law. For three month
December 1933 to March 1934 – Mr. Strickland carried out spot assessment.
In this report, Mr. strickland’s report no doubt kick started the co-opeartive
activities in Nigeria. On return to Nigeria the first thing he did was to
recognize the cocoa farmer societies, who were already excelling in the
production and marketing of the best quality cocoa. Next was to bring
these societies under the umbrella of the co-operative law.
The co-operative societies ordinance No. 39 of 1935 was signed into law by the
king of England on 3rd December, 1935 and the regulations approved
into force on the 6th February, 1936 from a humble beginning in
1926, co-operative rose to an astonishing of 181 in 1944.
In 1951 the political landscape of Nigeria changed and every nation under
Nigeria was allowed to develop under regions, so co-operatives went the same
way West East and North.
A co-operative is an association of persons who have voluntary came together to
achieve a common and through making equitable contribution to the capital
required and accepting a fair share of risk.
It is an undertaking in which members actively participate. A
co-operative is an owner enterprise meaning that members are at the same time
the owners and the users of the goods and the facilities provided.
In 1980, the institution of Management and Technology (IMT) multipurpose
co-operative was formed. It was registered immediately with 36
members. Many people joint the co-operative in order to save their money
and also with the aim of borrowing soft loans from the society. The
chairman of the society when it was registered was Mr. S. Eze structure
laboratory
1.2
Purpose of the Study:
Co-operative Society is a dynamic and
viable business set-up, it has unique ideologies that under bind the movement
and distinguishes them from other form of business.
However, it should be viable in order
to carry her duties and responsibility very effective and efficiently.
The purpose of the study are as
follows:
i)
To create a sound form or ways or steps of organizing a viable co-operative
society.
1.3
Background
of the Study:
Co-operative is an autonomous
association of persons united voluntarily to meet their common economic, social
and cultural needs and aspirations through a joint owned and democratically
controlled enterprise.
Organizing a viable co-operative
societies enables the society to last long and function effectively and
efficiently. Co-operative itself started from creation. In fact,
co-operative is as old as man. One Igbo-man has a proverb which buttress
this more, “when a man is in difficulty, he seeks for help from another but
when animal is, she cannot turn to another.”
In organization a viable co-operative
society, there are (10) Ten steps which one must or have to follow before
its/her society will be viable.
These very (10) Ten steps are short
listed in the Nigerian Co-operative Society’s Decree of 1993. By Osita
Obodoechi on the Cobwebs of Co-operation, 2002, P; 2.
1.4
THEORITICAL FOUNDATION OF THE STUDY.
During the colonial days, the seed of
Co-operation was sown but it could only grow slowly. At this point,
co-operative were restricted to serve only the interest of the paymaster
(the white man). Co-operatives, then, were not allowed to grow or expand
to the hinterlands.
In Nigeria, the first hint on
co-operative emergency occurred during the 1st world war. This
Co-operative, which happen to be a consumer was modeled along the Rochdale of
England, home of the colonialist. This earliest co-operative society
existed to reform out consumer goods which was very scarce during the world
war. Soon after the war ended, the consumer co-operative died a natural
death. It is said that there are many co-operatives in Enugu state which
has encountered natural death due to one problem or the other.
Thus, any co-operative society that is
viable will not experience natural death. But can only shake not
death. This problem might be due to lack of adequate management, fraud,
lack of training, lack of truthfulness (uncelleurity), not following the
appropriate steps, etc.
However, co-operatives ought to be
viable mother to carry-out her obligation effectively and efficiently.
1.5
Research Question.
i.
Who is a co-operator?
ii.
What is co-operative?
iii.
Classification of Co-operatives.
iv.
Structures of Co-operatives.
v.
Motives for joining Co-operatives.
vi.
Factors which affect the formation of Co-operatives.
vii.
The viable steps in forming Co-operative societies.
1.6
Significant of Study
This project work enables the society
to know that viable co-operatives will help to improve the economic activities
of the country or society. This research work will help equally the
federal government to improve the societies, since it is the aim of the federal
government to register co-operative societies.
By so doing, other unviable
co-operative will benefit from it. Viability will benefit of co-operative is an
indispensable element/feature in co-operative development which should not be
under rated.
The Ten (10) steps stipulates the best
way for any co-operative to be viable as long as she wants to be.
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