Cooperative societies are quite important for easy accumulation of capital, therefore, it is vital that the population get sensitised about its benefits. This will facilitate the process of accessing loans, and cooperatives can act as collective security and it boosts the profits that would otherwise have been very small compared to businesses that are carried out on individual basis. Most importantly, members of the cooperative automatically get security so as to qualify for any loan that they may be in need of. This will greatly speed up the rate of development, moreover on a uniform basis. In most cases, the people do not have information of how to boost their financial position. If this is done, a success story will be registered thus, uplifting both people’s social and financial status. Kanombe
