Effective Administration of Credit in Co-Operative Enterprise

Effective Administration of Credit in Co-Operative Enterprise

Co-operative has been given a number of definitions But the definition, which is not in use, is that adopted by the international alliance (I.C.A.) as quoted in the review of international co-operatives (R.I.C). a co-operative is an autonomous association of persons united voluntarily to meet there common economic, social needs and cultural through a jointly owned and democratically controlled enterprise. This description of a co-operative is intended as a minimal statement. It is not intended ad divination of a perfect co-operative. [Read more…]