Describe the role of agricultural cooperatives

      

Describe the role of agricultural cooperatives

  

Answers


Lydia
Role of Agricultural co-operatives

- pool their resources together to buy expensive machinery e.g tractor for use by members

- provide education /technical information to members

- provide loan to members (inputs and cash)

- Negotiate for higher prices for members

- Reduce overhead costs e.g transportation storage

- Bargain with suppliers to give discount on inputs

- provide employment for their members others

- Benefit members from lower takes charged

- market farmers produce

- Interest and pay out returns to members in the form of Dividends

- Help to negotiate for loans to members without security

- some provide banking services to its members

- provide strong bargaining power for members on policy issues
lydiajane74 answered the question on October 12, 2017 at 08:16


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