PROPOSAL

Co-operative financing agency are not different from other type of business with respect to efficient management of their funds they are required to used fund very carefully and Judiciously because their source of funds tend to be limited. The peculiar limitation imposed by co-operative principle make it very difficult for co-operative to obtain sufficient funds from outside e.g. the interest payment must not exceed percentage. As a catalyst co-operative financing agency full together then source of entire cooperative credit union to help each and by doing make it possible  for credit union to help each other there by bridging the gap between rich and poor co-operative credit union.

The co-operative credit concept is widely recognized on the means to successfully improved the standard of living therefore through spirit of co-operative mutual self help the rich union like to some of their individual financial strength to the poor credit union in order to effect imposed credit equipment and financial strength and mutual protection that unity bread when a credit investment and part in the member total serving into the Apex through the financial programme it handing power to another by making money available for the need credit income to borrow in order to assist the credit need of the member and to accord financial relief in the sense of world. The desire for individual to develop them economically and socially and the desire of co-operative financial agency to become strengthened will be achieved through efficient financial management.

TABLE OF CONTENT

Title Page i

Certification ii

Dedication iii

Acknowledgement iv

Proposal vi

Table of content viii

CHAPTER ONE

1.1 Introduction 1

1.2 Aims and objective of the study 2

1.3 Statement of the problem 3

1.4 Limitation of the study 5

1.5 Scope of the study 7

1.6 Significance of the study 7

1.7 Statement of hypothesis 8

1.8 Research question 9

CHAPTER TWO

2.1 Financial management in a financial institution 12

2.2 Financial report 14

2.3 Financial control 15

2.4 The voucher system 16

2.5 Internally generated fund 18

2.6 Financial strengthening 21

2.7 Internal audit 22

2.8 Risk management program 23

CHAPTER THREE

3.1 Origin and historical development of Kwara co-operative financing agency 25

3.2 The objective of Kwara co-operative financing agency 27

3.3 The structure of Kwara co-operative financing agency 28

3.4 Kwara co-operative financing agency committee duties and responsibilities of board of directors 29

3.5 Responsibilities of the officer. 30

CHAPTER FOUR

Financial management and organization development

4.1 Management and agricultural effectiveness 32

4.2 Organization effectiveness 32

4.3 Source of fund 33

4.4 Maintenance of statutory records of the agency 44

4.5 Kwara cooperative financing agency accounting system. 49

CHAPTER FIVE: SUMMARY, RECOMMENDATION, CONCLUSION

5.1 Summary 51

5.2 Recommendation 52

5.3 Conclusion 54

Bibliography 56