THE ROLE OF NARDB IN THE FINANCING OF AGRICULTURAL CO-OPERATIVES SOCIETY (A CASE STUDY OF NARDB ENUGU IN NIGERIA)

THE ROLE OF NARDB IN THE FINANCING OF AGRICULTURAL CO-OPERATIVES SOCIETY (A CASE STUDY OF NARDB ENUGU IN NIGERIA)

CHAPTER ONE

INTRODUCTION

Banks are financial house with the authority to guide groups and individuals who could be having monetary transactions to do. The provision of sound financial regulation that makes the economic well-being is very essential and the resistance of a financial house in building up a tiara of monetary reserve is very important.

In agricultural co-operative society, where individual who hold the agricultural stock will pull their resource together when the union of the stock holders could amount to a greater gain to the advancement of their individual well being and collective aspiration. The expertise of banks posted to assisted piece group of material come with a great relief. Government has a whole work of load to carry out.

Financially of otherwise and so have not much time supervise the minor economic units. She has assigned some duties to her agencies.

The bound of agriculture is becoming so highly mobilized so that it will take a lot of money to produce food and cash crop in much profitable abundance. Bank in any nation has a keynote to play in unfolding the financial success in the economy.

BACKGROUND OF THE STUDY

Agricultural cooperative society is a venture by some farmers who holds agricultural stock and is seeking to uplift their collective and individual agricultural standard

In the agricultural cooperative society, where many individuals pull resources together, the level of individual maturity and capacity of their productivity is not to be recon with. The prime focus of the study is found out how a bank has been able to finance agricultural productivity. In other to accomplish this study, NACRDB has been selected as a case organization.

This objective include efficient and effective credit administration with the target beneficiaries been the rural poor.

THE ROLE OF NARDB IN THE FINANCING OF AGRICULTURAL CO-OPERATIVES SOCIETY (A CASE STUDY OF NARDB ENUGU IN NIGERIA)