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A cooperative society is a type of organization that is owned and controlled by its members who use its services or products. The primary objective of a cooperative society is to meet the common economic, social, and cultural needs and aspirations of its members through a jointly owned and democratically controlled enterprise. In a cooperative society community, the members work together to achieve common goals and share in the benefits of their collective efforts. Some of the functions of a cooperative society community include: providing goods and services: cooperative societies can provide goods and services that are not readily available or affordable to individual members. For example, a cooperative society community may establish a cooperative store to sell groceries, clothing, and other household items to its members at a lower cost. Access to credit: cooperatives can provide access to credit at reasonable interest rates to its members who may not have access to traditional banking services.
For more information , go to this site:-
https://www.multistatesociety.in
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