ABSTRACT
Co-operative financing agency are not different from other types of business with respect to efficient management of their funds they are required to used funds very carefully and judiciously because their source of funds tend to be limited.
The peculiar limitation imposed by co-operative principle make it very difficult for co-operative to obtain sufficient funds from outside e.g. that interest payment must not exceed percentage.
As a catalyst cooperative financing agency put together, then resource of entire cooperative credit union and by so doing make the possible for credit union to help each other thereby bringing the gap between rich and poor cooperative credit union the cooperative credit concept is widely recognized on the only means to successful improved the standard of living. Therefore through spirit of cooperative mutual self help, the rich individual financial strength to the poor credit union in order to effect imposed credit equipment out, the financial strengths and mutual protection that unity breads. When a credit investment part in the members total serving into the apex through the financing programme it handing power to another by making money available for the needy credit union to borrow in order to assist the credit need of its member and accord financial relief in the sense of world.
The desire for individual to development them there economically and socially and the desire of cooperative financial agency to become strengthened will be achieved through efficient financial management.
TABLE OF CONTENT
Title page i
Certification ii
Dedication iii
Acknowledgement iv
Abstract v-vi
Table of content vii - v
CHAPTER ONE
1.1 Introduction 1
1.2 Aims and objectives of the study 3
1.3 Statement of the problem 4
1.4 Limitations of the study 5
1.5 Scope of the study 6
1.6 Research questions 6
1.6.1 Characteristic of useable research question 7-15
CHAPTER TWO
2.0 Financial management in a financial institution 16
2.1 Financial reports 18
2.2 Financial control 21
2.3 The voucher system 22
2.4 Internally generated funds 24
2.5 Financial strengthening 28
2.6 Internal audit 29
2.7 Risk management programme 29
2.8 Responsibility of the officer 35
CHAPTER THREE
3.1 Origin and historical development of Kwara cooperative financing agency 37
3.2 The objectives of Kwara cooperative financing agency 39
3.3 The structure of Kwara cooperative financing agency 40
3.4 Kwara cooperative financing agency committee duties and responsibilities of the board of director 40
CHAPTER FOUR
4.1 Data presentation 46
4.2 Data interpretation 47
4.3 Test of hypothesis 48
4.4 Data analysis 56
4.5 Research findings 56
CHAPTER FIVE: summary, recommendation and conclusion
5.1 Summary 59
5.2 Recommendations 60
5.3 Conclusion 62
Bibliography 64
