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common problems of cooperative in the Philippines

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13y ago
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1w ago

Delinquency in a cooperative is a common problem because some members may not fulfill their financial obligations on time, affecting the cooperative's cash flow and operation. This can lead to difficulties in meeting financial commitments, causing strain on the cooperative's resources and potentially impacting services provided to members. Effective management of delinquency through clear policies, communication, and enforcement mechanisms is essential to address this issue.

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Anonymous

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4y ago

Can you cite at least two Philippines cooperatives that went bankrupt. Can we have the financial reports if possible so we could use them for our project in school of cooperatives. Thanks

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Q: Why delinquency is the common problem of the cooperative?
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