What are the functions of cooperative societies in Kenya?

Explain five functions of cooperative societies in Kenya.

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1. Offer banking services

2. Invest members savings in tangible assets

3. Help farmers in purchasing inputs at affordable and reduced rates

4. Enhance democracy through election of representatives by members

5. Provide employment

6. Process farmer's produce

7. Educate members through seminars

8. They market members' produce

9. Provide loans for the improvement of members welfare

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johnmulu answered the question on January 30, 2017 at 05:40

(i) Create employment opportunities to many people within co-operative societies.

(ii) They defend members' interests through co-ownership.

(iii) Help in processing of farmers' produce and transportation of farm produce for marketing.

(iv) Provide education on quality farming practices,bookkeeping and saving money.

(v) Help to develop infrastructure within areas of their operations.

(vi) Marketing of farmers' produce in a more efficient way.

(vii) Provide credit to small-scale farmers to boost agriculture.

(viii) Help farmers in accessing farm inputs like tools,chemicals and fertilizers.

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raphael answered the question on May 25, 2017 at 14:30

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