Title:
NEXUS BETWEEN COOPERATIVE SOCIETY AND POVERTY ALLEVIATION IN EKITI STATE

Authors:
Ajayi, I. E., Dada, S. O. & Obisesan, O. G., Nigeria

Abstract:

This study assessed the nexus between cooperative society and poverty alleviation in Ekiti state. The descriptive research design was adopted in the study. A well-designed questionnaire was used to collect primary data, which was then analyzed using descriptive analysis and ordinary least square regression. The study’s findings revealed that cooperative societies and poverty alleviation in Ekiti State have a positive relationship. The study also ascertained that cooperative societies have over time suffered several critical level of financial and economic challenges that has exerted negative influence on the sustainability of its finances. The government, through appropriate agencies should provide loans with favorable terms and conditions to cooperative societies and cooperative societies should boost their periodic donation collection in order to obtain sufficient funding.