FINANCING OF COOPERATIVE SOCIETIES AND ITS EFFECTS ON COOPERATIVE PERFORMANCE IN SOUTH EAST NIGERIA

Abstract

This Study Seeks To Examine The Financing Of Cooperative Societies And Its Effects On Co-Operative Performance In South East Nigeria. Specifically, The Study Sought To: Determine The Sources Of Financing Available To Co-Operatives And Examine How Finance Impacts On Co-Operatives’ Performance In South East Nigeria. The Study Adopted Descriptive Research Design.  The Sample Size Of 176 Was Determined Using Taro Yamane Formula.  The Two Hypotheses Were Tested Using Chi- Square Statistical Tool. The Instrument Used In Data Collection Was Questionnaire. The Study Reveals That There Are No Various Sources Of Financing Available To Co-Operatives And There Are   No Finance Impacts On Cooperatives’ Performance In South East, Nigeria. The Study Recommended That Cooperative Societies Should Improvise Alternative Sources, Get Funds So As To Enable Them Make Serious And Positive Impact On Members Should Judiciously And Prudently Utilize The Funds Available To Them; Allocate Funds To Members On The Bases Of Impacting Goals So As To Live Up To Its Very Essence Since Findings Have Shown That Financing Impact On Co-Operatives’ Performance.