Month: October 2021

FINANCIAL INSTITUTIONS AND CAPITAL MARKETS Introduction The economic development of any country depends, upon the existence of a well organised financial system. It is the financial system which supplies the necessary financial inputs for the production of goods and services Read More …

Co-operative Accounting and Audit Toolkit Introduction Co-operatives are owned and controlled by their members and members are individuals, families and other co-operatives who trade with the co-operative. Members receive dividends from the net profit and have a vote in general Read More …

SECURITY FOR PERSONAL LENDING AND PERSONAL BORROWERS IN DIFFICULTIES Bank Security Security is a cover taken by a lender to cushion the institution from complete nonrecovery of a borrowing should the promised source of repayment fail to materialize of does Read More …

BRIDGE OVER LOANS Introduction Abridging loan is an advance given to a borrower for the purpose of completing a particular purchase with the source of repayment coming from the sale of another property in the near future. There are two Read More …

PRINCIPLES OF LENDING Philosophy of Lending A lender “lends” money and does not give it away, he/she applies judgment that at some future date repayment will take place. The lender needs to look into the future and ask the question Read More …

Structure of Co-operatives Co-operatives Co-operatives are legally registered bodies, in many countries there is a Co-operative Act governed by the National Registrar of Co-operatives, or similar, or they are under the guidance of the government’s business registration body.  Co-operatives Read More …