523. Old coop societies in Ogun state, Nigeria

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Country: Nigeria
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Cooperatives play an important role in facilitating access to credit, procurement and storage distribution of input and marketing of products. They create employment opportunities particularly in the rural areas and allow disadvantaged groups to be organized for social and economic benefits.

When we are talking about fact presentation and backing about how sustainable a cooperative business model (societies) are, this is a typical case study.

Seeing Sagamu Men (Remo) Cooperative Thrift & Credit Society Limited celebrating 55th Annual General Meeting and presentation of 2019 Financial account with N2million+ Net Surplus is a proof that cooperative business model remains the best. Established in 13th April, 1964 with 85male members only as @ 31st December 2019. That’s amazing …

May be one day, I will have to look into documenting old cooperative societies of 50years above in Ogun state as a way of keeping our cooperative values & heritage just like National Cooperative Archive, Manchester, England (www.archive.coop) and to share the ‘success story’ behind.

Coop!
Coop!!
Coop!!!

Where? Here, there, everywhere.

#Coop #CoopFacts #CoopWednesday.

Author of this story
olaotinwa
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