An appraisal of the activities and management methods

Thesis Abstract

This project research was aimed to examine the management and activities of the Anammco worker’s multipurpose co-operative society limited, which is located in Emene, Enugu state.

The study is aimed at looking into the aims and objectives of the society, origin and membership, social and business activities; sources of finance of the society; financial benefits to members, assets and liabilities of the society and problems facing the society.

The information gathered from this study was both from primary and secondary sources.

In selecting respondents, the stratified random sampling method was used.  the respondents were the official and members of  Anammco worker’s multi-purpose co-operative society limited.

Questionnaires and oral interviews were used to obtain the required response from the respondents.  The data gathered were systematically analyzed, the present management and activities of the Anammco worker’s co-operative society was revealed through the data analysis.

The finding revealed that officers who are democratically elected annually manage the society.

The business activities of the society include granting loans to her members at a reasonable rate, selling of good quality products at the society’s consumer’s shop.

The social activities in which the society is engaged includes giving her members some form of bonuses or gifts especially during festival seasons; providing help to her members during marriages, funerals, naming ceremonies, accommodation, medical expenses, etc.

The major sources  of finance for the society includes thrift savings, interests from loans granted to members, levies paid by members and also from the mother company, i.e, the Anambra Motoring Company (ANAMMCO).

It was also noted that the society kept some books and records of which include committee General minutes book, member’s register, cash book, personal ledger and attendance register.  Also the study revealed that the society is faced with some problems such as macro and micro factors (effects) effecting the economy, poor government support, etc.

The study made the following recommendations of which includes constant education of both the management and members of the society, establishing a properly equipped consumers shop, the need of more co-operative field officers, electing honest loyal officers, constant evaluation of the society’s aims and objectives.  These and many more will help to add life as well as activate the management and activities of the ANAMMCO worker’s co-operative society limited.