Original text
John G. Rouse
J.D. Von Pischke
Editing, illustrations and layout
Ester Bonitatibus
Jonathan F. Cook
FAO - FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED
NATIONS
Rome, 1997
The designations employed and the presentation of material in
this publication do not imply the expression of any opinion whatsoever on the
part of the Food and Agriculture Organization of the United Nations concerning
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© FAO 1997
This electronic document has been scanned using optical character recognition (OCR) software and careful manual recorrection. Even if the quality of digitalisation is high, the FAO declines all responsibility for any discrepancies that may exist between the present document and its original printed version.
1. The changing cooperative environment
Cooperative principles
Privileges, responsibilities and dependence
The new situation
The need for a revised strategy
2. How can cooperatives maintain their markets?
3. How can cooperative activities be financed?
A. Directly from members
B. From cooperative business surpluses
C. From outsiders
The gearing ratio
Which kind of funds are best?
Legal framework and support
4. How can mobilization of member funds be improved?
Improving member services and patronage
Consider use of outside funding
Improving operating efficiency
Promoting patronage
Giving priority to mobilizing member funds
Too much institutional capital?
5. Member financing builds the sense of member ownership
Annex. Views on the Meeting on Capital Formation in Agricultural Cooperatives