Explain five functions of cooperative societies in Kenya.
Answer:
-They market members produce
-Provides loans for the improvement of member’s welfare.
-Educate members through seminars
-Process farmers produce
-Provide employment
-Enhance democracy through election of representatives by members.
-Help farmers in purchasing inputs at affordable and reduced rates.
-Invest members savings in tangible assets
-Offers banking services.
-Boost unity as members work together.