AN APPRAISAL OF THE ACTIVITIES AND MANAGEMENT METHODS OF ANAMMCO WORKERS MULTI-PURPOSE CO-OPERATIVE SOCIETY (ENUGU)

By

OKECHUKWU CHUKWUDI CEM/N2003/013

Presented To

Department of Cooperative Economic And Management

PROPOSAL

This project research on an Appraisal of the Activities and management methods of Anamco workers multi-purpose co-operative society should be aimed to examine the examine the management and activities of Anamco worker’s multi-purpose co-operative society limited, which is located in Eneme, Enugu state.
I intended to look 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 problem facing the society.
I also intended to use both primary and secondary sources in my data collection.
In selecting respondent, I intended to use stratified random sampling method, the respondent should be the official and members of Anammco worker’s multi-purpose co-operative society limited.

In chapter 1, I intended to focus on introduction which the entire, general introduction; statement of the problem; significance of the study; objectives of the study; scope and limitations of the study, research questions.

In chapter two, I intended to focus on literature review, which will entire the field of Activities undertaken by the Anammco workers multi-purpose co-operative society Ltd; Economic activities for meeting the needs of Anammco workers multi-purpose co-operative society Ltd.

In chapter three, I will also focus on Research Design and Methodology.    The remaining chapter should known when I go back to the field for further research.


Below are Names of Officials in Anammco Workers Multi-purpose Co-operative Society.

1.  MR. GABRIEL .A. OSAGIE        -  PRESIDENT
2.  MR. OKEZIE ONUEYE               -  VICE PRESIDENT
3. MR. BONIFACE .O. OKEREKE  -  SECRETARY
4. MR. DOMINIC OGBOZOR     -      ASST. SECRETARY
5. MR. SAMUEL .U. KALU        -   TREASURER
6. MR. KENNET OKPADILE     -    FINANCIAL SECRETARY
7. MR. CHINEDU OKWEREKWU -  EX-OFFICIAL
8. MR. NICHOLAS OSUNDU       -    EX-OFFICIAL
9. MR. THEO OKEY ONYEMA  -      EX-OFFICIAL




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.


TABLE OF CONTENTS

TITLE PAGE
COVER PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
ABSTRACT

CHAPTER ONE: INTRODUCTION
1.1 General Introduction
1.2 Statement of the problems
1.3 Significance of the study
1.4 Objective of the study
1.5 Scope and Limitations of the Study
1.6 Research questions

CHAPTER TWO: LITERATURE REVIEW
2.1 Field Activities undertaken by the Anammco Worker’s Multipurpose Co-operative Society Limited.
2.1.1 Credit and Thrift Savings.
2.1.2 Workers need to save
2.1.3 Worker’s need to borrow
2.1.4 Worker’s need to invest their savings/money.
2.1.2 Operating a consumer’s co-operative store.
2.2 The objectives and activities of the ANAMMCO worker’s multipurpose co-operative society Ltd.
2.2.1 Economic activities for meeting the needs of ANAMMCO worker’s multipurpose co-operative society Ltd.
2.2.2 Participatory democracy
2.2.3 Human responsibility
2.2.4 Social  responsibility
2.2.5 National and International Economic co-operation.
2.3 The mode of operation and management of  co-operative society

CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Historical Background/Overview of multipurpose co-operative society in Eastern Nigeria
3.2 Sampling procedure
3.3 Sources of Data
3.3.1 Oral interview
3.3.2 Questionnaire
3.4 Population of the study
3.4.1 Sample size
3.5 Stastically  presentation
3.6 Analytical presentation 

CHAPTER FOUR
PRESENTATION AND ANALYSIS OF DATA
4.1 Aims and objectives of the society
4.2 Origin and membership
4.3 Social and business activities
4.4 Source of the finance
4.5 Record books of the society
4.6 Financial benefits to members
4.7 Assets and liabilities of the society
4.8 Problems facing the society

CHAPTER FIVE
SUMMARY, CONCLUSION  AND RECOMMENDATION
5.1 Summary
5.2 Recommendation
5.3 Conclusion
5.4 Bibliography
5.5 Questionnaire

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