EFFECTS OF THRIFT AND CREDIT SOCIETY ON ENHANCING MEMBERS LIVING STANDARD
(A Study of Hamdala Hotel Workers Thrift and Credit Cooperative Society, Kaduna)
Click here to download our android mobile app to your phone for more materials and others
COMPLETE PROJECT MATERIAL COST 5000 NAIRA
ORDER NOW
GTBANK
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER: 0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631
We also accept : ATM transfer , online money transfer
OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.
form>
Call Help Desk Line : 08074466939,08063386834.
After Payment Send Your Payment Details To
08074466939 Or 08063386834, The Project Title You Selected On Our Website , Amount Paid, Depositor Name, Your Email Address, Payment Date. You Will Receive Your Material In Less Than 1 Hour Once We Confirm Your Payment.
WE HAVE SECURITY IN OUR BUSINESS.
MONEY BACK GUARANTEE
You may also need: web design company in Nigeria
ABSTRACT
The effect of thrift and credit society on enhancing members’ living standard cannot be overemphasized. This has prompt the researcher to carryout a research work on the subject matter.
The research started by introducing the subject matter in chapter one, background of the study, objectives of the study, research question, statement of the problem the significance of the study was also highlighted in this chapter.
The researcher reviewed the work of different authors in the chapter two, the concept of cooperative, meaning of thrift and credit, the effect of cooperative and credit society, sources of fund, the problems they faced and the summary review is also discussed.
The researcher discussed the method of gathering data, the data gathered were analyzed in chapter four. Lastly, the researcher draw a summary of findings, conclusion in chapter five and made some recommendations among which the researcher recommended that the problems of embezzlement, misappropriation of resource dishonesty and other negative factors associated with the management of cooperative especially in the area understudy should be checked through supervision by the cooperative department.
TABLE OF CONTENTS
CHAPTER ONE – INTRODUCTION
- Background of the study – – – – – – 1
- Statement of the problem – – – – – – 3
- Objectives of the study – – – – – – – 3
- Research question – – – – – – – 4
- Significance of the study – – – – – – 4
- Scope of the study – – – – – – – 5
- Definition of Terms – – – – – – – 6
CHAPTER TWO – LITERATURE REVIEW
- Introduction – – – – – – – – 8
- Concept of Cooperative – – – – – – 9
- Meaning of thrift and credit society – – – – – 12
- Effect of cooperative thrift and credit society – – – 13
- Source of fund of cooperative thrift and credit society – 15
- Effect of cooperative thrift and credit society on Enhancing
members living standard – – – – – – 19
- Method and processes of business activities of thrift
and credit cooperatives – – – – – – – 20
- Problems of thrift and credit – – – – – – 22
- Summary of review literature – – – – – – 24
CHAPTER THREE – RESEARCH METHODOLOGY
- Introduction – – – – – – – – 25
- Research design – – – – – – – – 25
- Area of study – – – – – – – – 26
- Population of the study – – – – – – – 27
- Sample and sampling procedure – – – – – 27
- Research instrument – – – – – – – 28
- Validity – – – – – – – – – 29
- Reliability – – – – – – – – 29
- Procedure for the administration of the instrument – – 30
- Method of data presentation and statistics analysis – – 31
- Limitation of the study – – – – – – – 31
CHAPTER FOUR – DATA PRESENTATION AND STATISTICAL ANALYSIS
- Introduction – – – – – – – – 33
- Respondents Bio Data – – – – – – – 33
- Answering research question – – – – – – 35
- Summary of findings – – – – – – – 41
- Discussion of findings – – – – – – – 41
CHAPTER FIVE – SUMMARY, CONCLUSION AND RECOMMENDATION
- Introduction – – – – – – – – 43
- Summary – – – – – – – – – 43
- Conclusion – – – – – – – – – 45
- Recommendations – – – – – – – 46
- Suggestion for Further Researches – – – – – 47
References – – – – – – – – – 49
Appendix 1 – – – – – – – – – 50
Appendix 2 – – – – – – – – – 51
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
This research work focuses on how cooperative thrift and credit societies influence or enhance member’s living standard. Unlike other cooperative society, thrift and credit societies are formed with the aims of improving the standard living of their members. Thrift and credit societies started from Germany by Fredrick Wilhelm Raifferson in the year 1818, Raifferson is therefore regarded as the father of modern cooperative thrift and credit society.
Thrift and credit society are mostly found in any form of society, community. The popularly known among the rural dweller, even before the mergence of modern cooperatives it serves as a rural bank before the coming of the modern thrift and credit society. The traditional mutual system has been called and addressed by different names, by various communities who practice it inform of traditional saving’s.
However, cooperative societies adopted in virtually all countries of the world for practical all aspect of human endeavour’s modern cooperative organization have penetrated into all the facets of human activities and used of human activities and also to achieve both social and economic goals.
In Nigeria, thrift and credit societies started in the year 1940, by the Roman Catholic teachers for salary earners and primarily to take care of their old age and retirement. Members make regular thrift saving during the period they are under employment and other saving for special purpose could also be made by an individuals if they wished, such saving could be for children’s schools fees, vacation leave etc.
The societies also grant loans to members and such loans are repaid on monthly installmental basis while regular savings continues. No members of such societies may withdraw while still under employment. Usually the society’s money deposited with the post office saving banks.
However, in modern thrift and credit society contributions are not necessarily the same, minimum monthly saving are fixed, and members who share contributions as a regular monthly savings, some are removed directly from-their salaries.
1.2 STATEMENT OF THE PROBLEM
The primary aim of any cooperative society is to meet economic, social and cultural needs of members if well operated and managed.
Despite the prospect and significance of thrift and credit cooperative societies, some people are still reluctant in joining or participating in thrift and credit societies. It has unfortunately been discovered that most thrift and credit cooperatives societies are not very effective in the business activities consequently they end up not achieving their goals. As a result of this, the study will try to find out the factor that militates against the enhancement of living standard of its members. Furthermore, in most cases, the members saving are embezzled or misappropriated. It is in the light of this that it is doubtful whether thrift and credit cooperative societies actually perform their roles, that is why this topic is conducted to examine their effect so that the situation can be addressed…
This article highlights various college of education, university and polytechnic website in Nigeria. We provide free school Past Questions and answer, jamb exams, jamb registration Form and Admissions List to various students to gain admission into Federal, State and Private College Of Education In Nigeria. This article will also help students to check admission status of various institutions in Nigeria at a go.
Adeyemi College of Education, Ondo, past questions, form and admissions list
Alvan Ikoku College of Education, Owerri, past questions, form and admissions list
Alvan Ikoku College of Education, Owerri, past questions, form and admissions list
Federal College of Educ. Abeokuta, past questions, form and admissions list
Federal College of Education, Eha-Amufu, past questions, form and admissions list
Federal College of Education, Kano, past questions, form and admissions list
Federal College of Education, Katsina, past questions, form and admissions list
Federal college of Education, Kontagora, past questions, form and admissions list
Federal College of Education, Obudu, past questions, form and admissions list
Federal College of Education, Okene, past questions, form and admissions list
Federal College of Education, Okene, past questions, form and admissions list
Federal College of Education, Pankshin, past questions, form and admissions list
Federal College of Education, Yola, past questions, form and admissions list
Federal College of Education, Zaria, past questions, form and admissions list
Federal College of Education (Technical), Akoka, past questions, form and admissions list
Federal College of Education (Technical), Asaba, past questions, form and admissions list
Federal College of Education (Technical), Bichi, past questions, form and admissions list
Federal College of Education (Technical), Gombe, past questions, form and admissions list
Federal College of Education (Technical), Gusau, past questions, form and admissions list
Federal College of Education (Technical), Omoku, past questions, form and admissions list
Federal College of Education (Special) Oyo, past questions, form and admissions list
State college of education Past Questions, jamb exam, jamb registration Form And Admissions List
College of Education, Agbor, past questions, form and admissions list
Akwa-Ibom State College of Education, Afaha-Nsit, past questions, form and admissions list
College of Education, Akwanga, past questions, form and admissions list
College of Education, Akwanga, past questions, form and admissions list
Cross River State College of Education, Akamkpa, past questions, form and admissions list
Adamu Augie College of Education, Argungu, past questions, form and admissions list
College of Education, Azare, past questions, form and admissions list
Bayelsa State College of Education, Okpoama, past questions, form and admissions list
Emmanuel Alyande College of Education, Oyo, past questions, form and admissions list
Enugu State College of Education (Tech.) Enugu, past questions, form and admissions list
College of Education, Ekiadolor, past questions, form and admissions list
Umar Suleiman College of Education, Gashua, past questions, form and admissions list
College of Education, Gindiri, past questions, form and admissions list
Michael Otedola College of Primary Education, Moforiji, past questions, form and admissions list
College of Education, Port Harcourt, past questions, form and admissions list
Adeniran Ogunsanya College of Education, Otto, past questions, form and admissions list
Tai Solarin College of Education, Ijebu-Ode, past questions, form and admissions list
Tai Solarin College of Education, Ijebu-Ode, past questions, form and admissions list
Ebonyi State College of Education, Ikwo, past questions, form and admissions list
College of Education, Ikere, past questions, form and admissions list
College of Education, Ilesha, past questions, form and admissions list
College of Education, Ilesha, past questions, form and admissions list
College of Education, Ilorin, past questions, form and admissions list
College of Education, Jalingo, past questions, form and admissions list
Kano State College of Education, Kumbotso, past questions, form and admissions list
College of Education, Benue, past questions, form and admissions list
Kebbi State College of Education, Argungu, past questions, form and admissions list
College of Education, Minna, past questions, form and admissions list
Nwafor Orizu College of Education, Nsugbe, past questions, form and admissions list
College of Education, Oju, past questions, form and admissions list
College of Education, Oro, past questions, form and admissions list
College of Education, Oro, past questions, form and admissions list
Oyo State College of Education, Oyo, past questions, form and admissions list
College of Education, Warri, past questions, form and admissions list
College of Education, Warri, past questions, form and admissions list
FCT College of Education, Zuba, past questions, form and admissions list
Private college of education in Nigeria Past Questions, jamb exam, jamb registration Form And Admissions List
Angel Crown College of Education, Gidan-Daya, past questions, form and admissions list
Elder Oyama Memorial College of Education, Ofat-Adun, past questions, form and admissions list
Assanusiyah College of Education, Odeomu, past questions, form and admissions list
African Thinkers Community of inquiry College of Education, past questions, form and admissions list
Best Legacy College of Education, Ikirun, past questions, form and admissions list
Bauchi Institute for Arabic and Islamic Studies, past questions, form and admissions list
Calvin Foundation College of Education, Naka, past questions, form and admissions list
Harvard Wilson College of Education, Aba, past questions, form and admissions list
Hill College of Education, Akwanga, past questions, form and admissions list
Institute of Ecumenical Education, Enugu, past questions, form and admissions list
College of Education, Foreign Links Campus Moro, past questions, form and admissions list
College of Education, Foreign Links Campus Moro, past questions, form and admissions list
Diamond College of education aba . past questions,jamb news, admission form and list
Muhyideen College of Education, Ilorin, past questions, form and admissions list
ONIT College of Education, Abagana, past questions, form and admissions list
The African Church College of Education, Lagos, past questions, form and admissions list
St. Augustine College of Education, Yaba, past questions, form and admissions list
Yewa Central College of Education, Ogun, past questions, form and admissions list
List of Federal Universities in Nigeria
Abubakar Tafawa Belewa University, past questions, form and admissions list
Ahmadu Bello University, Zaria, past questions, form and admissions list
Bayero University, Kano, past questions, form and admissions list
Federal University, Gashua, past questions, form and admissions list
Federal University of Tech, Akure, past questions, form and admissions list
Federal University of Petroleum Resources, Effurun, past questions, form and admissions list
Federal University of Technology, Minna, past questions, form and admissions list
Federal University of technology, Owerri, past questions, form and admissions list
Federal University Dutse, past questions, form and admissions list
Federal University Dutsin-Ma, past questions, form and admissions list
Federal University, Ndufu-Alike, past questions, form and admissions list
Federal University, Otuoke, past questions, form and admissions list
Federal University, Wukari, past questions, form and admissions list
Federal University, Birnin Kebbi, past questions, form and admissions list
Michael Okpara Univeristy of Agric, Umudike, past questions, form and admissions list
Modibbo Adama University of Tech, Yola, past questions, form and admissions list
National Open University of Nigeria, past questions, form and admissions list
Nigeria Police Academy Wudil, past questions, form and admissions list
Nigeria defense Academy, Kaduna, past questions, form and admissions list
Nnamdi Azikiwe University, Awka, past questions, form and admissions list
Obafemi Awolowo University, Ile-Ife, past questions, form and admissions list
University of Abuja, Gwagwalada, past questions, form and admissions list
University of Agriculture Abeokuta, past questions, form and admissions list
University of Agriculture Markurdi, past questions, form and admissions list
University of Benin, past questions, form and admissions list
University of Calabar, past questions, form and admissions list
University of Lagos, past questions, form and admissions list
University of Maiduguri, past questions, form and admissions list
University of Nigeria Nsukka, past questions, form and admissions list
University of Port-Harcourt, past questions, form and admissions list
University of Uyo, past questions, form and admissions list
Usmanu Danfodiyo University, past questions, form and admissions list
List of State Universities in Nigeria admission list
Abia State University, Uturu, past questions, form and admissions list
Adamawa State University, Mubi, past questions, form and admissions list
Adekunle Ajasin University, Akungba, past questions, form and admissions list
Amrose Alli University, Ikot Akpaden, past questions, form and admissions list
Anambra State University of Sc. & Tech, Uli, past questions, form and admissions list
Anambra State University of Sc. & Tech, Uli, past questions, form and admissions list
Bauchi State Unibversity, Gadau, past questions, form and admissions list
Benue State University Markurdi, past questions, form and admissions list
Bukar Abba Ibrahim University, Damaturu, past questions, form and admissions list
Cross River State University of Sc. & Tech, Calabar, past questions, form and admissions list
Delta State University Abraka, past questions, form and admissions list
Ebonyi State University, Abakaliki, past questions, form and admissions list
Ekiti State University, past questions, form and admissions list
Enugu State University of Sc. & Tech. Enugu, past questions, form and admissions list
Ibrahim Badamasi Babangida University, past questions, form and admissions list
Ignatius Ajuru University of Education, past questions, form and admissions list
Imo state University,Owerri, past questions, form and admissions list
Jigawa State University, past questions, form and admissions list
Kaduna State University, Kaduna past questions, form and admissions list
Kano University of Sc. & Tech, Wudil
Kebbi State University, Kebbi, past questions, form and admissions list
Kogi State University, Anyigba, past questions, form and admissions list
Kwara State University, Ilorin, past questions, form and admissions list
Ladoke Akintola university of Tech, past questions, form and admissions list
Lagos State University Ojo, past questions, form and admissions list
Nasarawa State University, Keffi, past questions, form and admissions list
Niger Delta University, Yenagoe, past questions, form and admissions list
Olabisi Onabanjo University Ago-Iwoye, past questions, form and admissions list
Ondo State University of Sc. & Tech, Okitipupa, past questions, form and admissions list
Osun State University, Oshogbo, past questions, form and admissions list
Plateau State University, Bokkos, past questions, form and admissions list
Rivers State University of Sc. & Tech, past questions, form and admissions list
Tai Solarin University of Education, Ijebu-ode, past questions, form and admissions list
Taraba State University, Jalingo, past questions, form and admissions list
Umaru Musa Yar’Adua University, past questions, form and admissions list
Private Universities
Achievers University, Owo, past questions, form and admissions list
Adeleke University, Ede, past questions, form and admissions list
Afe Babalola University, Ado- Ekiti, past questions, form and admissions list
African University of Sc. & Tech, Abuja, past questions, form and admissions list
Al-hikmah University, Ilorin, past questions, form and admissions list
Ajayi Crowther University, Ibadan, past questions, form and admissions list
Al-Qalam University, Katsina, past questions, form and admissions list
American University of Nigeria, Yola, past questions, form and admissions list
Babcock University, Ilishan, past questions, form and admissions list
Baze University, past questions, form and admissions list
Bells University of Technology, Otta, past questions, form and admissions list
Benson Idahosa University, Benin, past questions, form and admissions list
Bingham University, New Karu, past questions, form and admissions list
Bowen University, Iwo, past questions, form and admissions list
Caleb University, Lagos, past questions, form and admissions list
Caritas University, Enugu, past questions, form and admissions list
CETEP City University, Lagos, past questions, form and admissions list
Covenant University, Ota, past questions, form and admissions list
Crawford University, Igbesa, past questions, form and admissions list
Crescent University, past questions, form and admissions list
Elizade University, Ilara-mokin, past questions, form and admissions list
Fountain University, Oshogbo, past questions, form and admissions list
Gregory University, Uturu, past questions, form and admissions list
Hallmark University, past questions, form and admissions list
Joseph Ayo Babalola University,Ikeji, past questions, form and admissions list
Kwararafa University, Wukari, past questions, form and admissions list
Lead City University, Ibadan, past questions, form and admissions list
Nigerian-Turkish Nile University, Abuja, past questions, form and admissions list
Novena University, Ogume, past questions, form and admissions list
Obong University, Obong Ntak, past questions, form and admissions list
Oduduwa University, Ipetumodu, past questions, form and admissions list
Pan-African University, Lagos, past questions, form and admissions list
Paul University, Awka, past questions, form and admissions list
Redeemer’s University, Mowe, past questions, form and admissions list
Renaissance University, Enugu, past questions, form and admissions list
Salem University, Lokoja, past questions, form and admissions list
Tansian University, Umunya, past questions, form and admissions list
Veritas University, past questions, form and admissions list
Wellspring University, Edo, past questions, form and admissions list
Wesley University of Sc. & Tech, Ondo, past questions, form and admissions list
Western Delta University, Oghara
List of all the Federal Polytechnics in Nigeria
Air Force Institute of Technology Nigerian Air Force, past questions, form and admissions list
Air Force Institute of Technology Nigerian Air Force, past questions, form and admissions list
Akanu Ibiam Federal Polytechnic, Unwana, past questions, form and admissions list
Nigeria Army School of Military Engineering, past questions, form and admissions list
Auchi Polytechnic past questions, form and admissions list
Auchi Polytechnic past questions, form and admissions list
Federal Polytechnic, Ado-Ekiti past questions, form and admissions list
Federal Polytechnic, Ado-Ekiti past questions, form and admissions list
Federal Polytechnic, Bauchi, past questions, form and admissions list
Federal Polytechnic, Bida, past questions, form and admissions list
Federal Polytechnic, Bida, past questions, form and admissions list
Federal Polytechnic, Damaturu, past questions, form and admissions list
Federal Polytechnic, Ede, Osun State, past questions, form and admissions list
Federal Polytechnic, Ede, Osun State, past questions, form and admissions list
Federal Polytechnic, Ida, past questions, form and admissions list
Federal Polytechnic, Ida, past questions, form and admissions list
Federal Polytechnic, Ilaro, past questions, form and admissions list
Federal Polytechnic, Ile-Oluji, Ondo State, past questions, form and admissions list
Federal Polytechnic, Mubi, past questions, form and admissions list
Federal Polytechnic, Namoda, past questions, form and admissions list
Federal Polytechnic, Nassarawa, past questions, form and admissions list
Federal Polytechnic, Nekede, past questions, form and admissions list
Federal Polytechnic, Nekede, past questions, form and admissions list
Federal Polytechnic, Offa, past questions, form and admissions list
Federal Polytechnic, Offa, past questions, form and admissions list
Federal Polytechnic, Oko, past questions, form and admissions list
Federal School of Dental Technology and Therapy, past questions, form and admissions list
Kaduna Polytechnic, Kaduna, past questions, form and admissions list
Hussaini Adamu Federal Polytechnic, past questions, form and admissions list
Nigeria Army School of Military Engineering, past questions, form and admissions list
Federal College of Animal Health and Production Technology, past questions, form and admissions list
Waziri Umaru Federal Polytechnic Birnin Kebbi, past questions, form and admissions list
Yaba College of Tech, past questions, form and admissions list
List of State Polytechnics in Nigeria
Abraham Adesanya Polytechnic, Ijebu-Igbo, past questions, form and admissions list
Abia State Polytechnic, past questions, form and admissions list
Adamawa State Polytechnic, past questions, form and admissions list
Akwa-Ibom State Polytechnic, Ikot-Osurua, past questions, form and admissions list
Benue State Poly, Ugbokolo, past questions, form and admissions list
Gateway Polytechnic, Igbesa, past questions, form and admissions list
Rufus Giwa Polytechnic, past questions, form and admissions list
Rufus Giwa Polytechnic, past questions, form and admissions list
The Polytechnic, Ibadan, past questions, form and admissions list
Institute of Mgt. and Tech, past questions, form and admissions list
Imo State Polytechnic, Umuagwo, past questions, form and admissions list
Kano State Polytechnic, past questions, form and admissions list
Kogi State Polytechnic, Lokoja, past questions, form and admissions list
Kwara State Polytechnic, Ilorin, past questions, form and admissions list
Lagos State Poly, Ikorodu, past questions, form and admissions list
Moshood Abiola Poly, past questions, form and admissions list
Nasarawa State Polytechnic, past questions, form and admissions list
Nuhu Bamalli Polytechnic, past questions, form and admissions list
Delta State Polytechnic, Ogwashi-Uku, past questions, form and admissions list
Osun State Poly, Iree, past questions, form and admissions list
Osun State Poly, Iree, past questions, form and admissions list
Osun State College of Tech, Esa-Oke, past questions, form and admissions list
Delta State Polytechnic, Ozoro, past questions, form and admissions list
Plateau State Polytechnic, Barkin-Ladi, past questions, form and admissions list
Adamawa State Poly, past questions, form and admissions list
Rivers State College of Arts and Science, past questions, form and admissions list
Rivers State College of Arts and Science, past questions, form and admissions list
Rivers State Polytechnic, past questions, form and admissions list
Gateway Polytechnic Saapade, past questions, form and admissions list
Edo State Inst. of Tech and Mgt, Usen, past questions, form and admissions list
Niger State Poly, Zungeru, Niger State, past questions, form and admissions list
List of Private Polytechnics in Nigeria
Allover Central Polytechnic, past questions, form and admissions list
Crown Polytechnics, past questions, form and admissions list
Covenant Polytechnic, past questions, form and admissions list
Dorben Polytechnic, Bwari-Garam Road, past questions, form and admissions list
Fidei Polytechnic, Gboko, past questions, form and admissions list
Grace Polytechnic, past questions, form and admissions list
Grace Polytechnic, past questions, form and admissions list
Igbajo Polytechnic, past questions, form and admissions list
The Polytechnic, Ile-Ife, NITEL Road, past questions, form and admissions list
Lagos City Poly, Ikeja, Lagos State, past questions, form and admissions list
Light House Polytechnic, Eubuobanosa, past questions, form and admissions list
Interlink Polytechnic, past questions, form and admissions list
Kings Polytechnic, Ubiaja, past questions, form and admissions list
RONIK Polytechnic, past questions, form and admissions list
Shaka Polytechnic, Polytechnic, Benin city, past questions, form and admissions list
Temple-Gate Polytechnic, past questions, form and admissions list
Wolex Polytechnic, past questions, form and admissions list
Prime Polytechnic, past questions, form and admissions list
The Polytechnic Imesi-Ile, Osun, past questions, form and admissions list
Heritage Polytechnic, Ikot Udota, past questions, form and admissions list
Ibadan City Polytechnic, past questions, form and admissions list