EXIM Bank Agricultural University

Bangladesh
Course Title: Agricultural Cooperative
Course code: AFC 270
Faculty of Agricultural Economics & Rural Development

An Assignment on
Quiz
Date : 26.08.2020
Submitted To Submitted By
Md. Ibrahim Kholilullah Ali Hossain
Lecturer Reg. No: AECW2018000669
Department of Agricultural Finance & Faculty of Agricultural Economics
Co-operative and Rural Development

EXIM Bank Agricultural University EXIM Bank Agricultural University

Bangladesh Bangladesh

69-69/1 Sagar Tower

Boro Indara Moor,
Chapainawabganj
Serial Number Topic Page

1 Cooperative 3

2 History of 3
cooperative society

3 Types of cooperative 4-5

4 List of cooperative 6-11

organizations

6 Future plan with 12

cooperative

7 Conclusion 12

8 Reference 12
1.Cooperative: A co-operative is an autonomous association of people
united voluntarily to meet their common economic, social and cultural needs
and aspirations through a jointly owned and democratically controlled business

2.History: Co-operative Movement is a series of organised activities with a

common goal. The term usually refers more specifically to the formation of
non-profit economic enterprises for the benefit of those using their services.
Begun in England in the nineteenth century, the co-operative movement
stirred Bengal in the last decade of the century. At first, some British civilians
started it in their districts with considerable success. On the initiative of the
government of Bengal, it was launched with the enactment of the Co-operative
Credit Societies Act, 1904. Bangladesh period' The co-operative ventures were
severely affected during the WAR OF LIBERATION. But soon after independence,
co-operative ownership was given the highest patronage. Co-operative
ownership and state patronage to it have been enshrined in the constitution.
Since 1972, two systems of co-operatives are seen to have been practised -
traditional co-operatives under the Co-operative Department and new two-tier
co-operatives under the Integrated Rural Development Programme (IRDP),
later institutionalised in the Bangladesh Rural Development Board (BRDB). The
national and international experts on the Bangladesh cooperative movement
are of the view that the co-operative mind has been considerably developed
among the members and managers of the societies. The co-operative societies,
thanks to the co-operation of international agencies and the NON-GOVERNMENT
ORGANISATIONS, are now playing an important role in the development drives of
Bangladesh. The exclusive co-operatives consisting of women, weavers,
fisherman, milk producers, sugarcane growers, etc. have achieved the most
notable success in the co-operative movement.

A cooperative society is not a new concept. It prevails in all the countries, this is
almost a universal concept. The cooperative society is active in all countries
worldwide and is represented in all the sectors
including agriculture, food, finance, healthcare, etc. To protect the interest of
weaker sections, the co-operative society is formed. It is a voluntary association
of persons, whose motive is the welfare of the members.
3.Types of cooperatives:
>Credit Unions

Credit unions, as with all co-ops, come in all sizes--from a single facility with a few score
members to huge, multi-branch operations that cover lots of territory and employ many
local people. Community development credit unions are a special category created by the
industry to specifically serve lower income communities.

>Retail or Purchasing Cooperatives

Still another type of consumer co-op sometimes given its own category is the retail or
purchasing cooperative, sometimes called a shared service cooperative. Many of these co-
ops are owned and governed by independent business owners.

Best Western Hotels, True Value, ACE Hardware and Carpet One/CCA Global Partners are
independently owned businesses that have formed national and international cooperatives
to purchase goods and services at rates that will keep their bottom lines in the black. But
there are also many successful smaller operations such as a group of independent business
consultants or attorneys who want to buy office supplies, insurance, or other products and
services together. Some municipalities and even state governments have joined together to
own their own electricity, water or telecommunications utilities as well as to buy business
services and so forth cooperatively.

What unites all of these co-ops is that they seek to improve their efficiencies and/or market
competitiveness by bulk buying a broad range of goods and services.

>Social Cooperatives

This type of cooperative has a social mission beyond service to its members. It may have to
do with improving working conditions for immigrant women, such as the co-ops formed by
WAGES (Women's Action to Gain Economic Security), or it may have to do with providing
alternative health services at affordable costs to their community, as the Third Root
Community Health Center does in Brooklyn. Owned and governed by worker or consumer
members, the co-op also may have a non-profit social mission. Here in Austin College
Houses, the Inter-Cooperative Council, and Community Housing Expansion of Austin are all
non-profit cooperatives.

>Producer Cooperatives
This refers to people engaged in production in separate enterprises, whether these are
farms, fishing boats, forests, artists’ studios or craft workshops. The co-op members are the
independent producers and they may cooperate in many possible ways. They may buy farm
inputs, equipment and insurance, hire managers and sales people, market and advertise
together or operate storage facilities, processing plants or a distribution network.

>Worker Cooperatives

Many worker co-ops are fairly small and have no separate boards of directors - everyone
takes a direct role in policy making and other governance functions. Typical examples are
print shops, copy centers and bookstores, small manufacturing, construction and
engineering firms, homecare and daycare professionals, restaurants and bakeries, auto
repair shops and groups of artists or artisans.

A few worker co-ops attain sizable memberships. Cooperative Home Care Associates,
founded in 1985 in New York City's Bronx, now anchors a national cooperative network
creating quality jobs for over 1,600 individuals, most of whom are women of color.

>Consumer Cooperatives

These businesses are owned and governed by people who want to buy from the co-op.
Consumers can create a cooperative to provide pretty much anything they want to buy.
Their purchases may include groceries, electricity or telephone service, housing, healthcare,
or—under the label of credit unions--financial services. The co-ops can be tiny or immense:
a single artist’s dwelling or a high rise with hundreds of apartments, a small food-buying
club in a rural village or a multi-million dollar supermarket in a bustling city.
4.Co-Operative Organization in Bangladesh:

The Dhaka Mercantile Co-operative Bank Ltd.

Bank
চাাঁপাই নবাবগঞ্জ

Dhaka Mercantile Co-Operative Bank Limited

Bank
Dhaka
The Mercantile Co-operative Bank Ltd.
Bank
লালপুর

The Dhaka Mercantile Co-operative Bank Ltd.

Bank
The Dhaka Mercantile Co-operative Bank Ltd.
Bank
Joypurhat
Aziz Co-Operative Bank
Credit union
Dhaka
The Dhaka Mercantile Co-Operative Bank Limited
Bank
Pabna
Mercantile Co-operative Bank Limited
Bank
Meherpur
The Dhaka Mercantile Co-operative Bank Ltd.
Bank
Khulna
The Dhaka Mercantile Co-Operative Bank Ltd.
Bank
Satkhira
Mercantile Bank Limited
Bank
Chapai Nawabganj

The Dhaka Mercantile Co-operative Bank Ltd.

Bank
Bangladesh samabaya bank ltd.
Bank
Dhaka
Aziz Co-Operative Commerce & Finance Credit Society Limited
Credit union
Dhaka

Mercantile co operative bank

Bank
Bagerhat
STC Bank Limited
Bank
Shibgan
The Dhaka Mercantile Co-operative Bank Ltd.
Bank
Chhatak
Natore Zilla Conduction Labour's Union
Federal credit union
Natore

The Dhaka Mercantile Co-operative Bank Ltd.

Bank
Dendabor
The Dhaka Mercantile Co-operative Bank Ltd.
Bank
দি ঢাকা মার্কে ন্টাইল ককা-অপার্রটিভ ব্াাংক দলদমর্েড

Financial institution
Dhaka
Janata Bank Limited | Bangla Motor Branch
Public sector bank
Dhaka
The Co-Operative Credit Union League Of Bangladesh
Credit union
Dhaka
The Dhaka Mercantile Co-operative Bank Ltd.
Bank
Chattogram
FAS Finance & Investment Limited
Financial institutio
Hajj Finance Company Limited
Financial institution
Dhaka
The Dhaka Mercantile Co-operative Bank Ltd.
Bank
Chattogram
The Dhaka Mercantile Co-operative Bank Ltd.
Bank
Chattogram

Bangladesh Police Co-operative Society ltd.

Credit union
Dhaka
First Security Islami Bank Limited, Jhenaidah Branch.
Bank
Jhenaidah
The Christian Co-Operative Credit Union Limited, Dhaka
Credit union
Dhaka
Mercantile Co Operative
Private sector bank
Islami Bank Bangladesh Limited ATM
ATM
Chapai Nawabganj

West Bengal State Co-op Bank

Bank
Dinhata, West Bengal, India
GSP Finance Company (Bangladesh) Ltd.
Financial institution
Dhaka
Jamuna Bank Limited ATM
ATM
Chapai Nawabganj
AB Bank Limited ATM
ATM
Chapai Nawabganj

EXIM Bank Limited ATM

ATM
Chapai NNawabgan
Prime Bank Limited ATM
ATM
Chapai Nawabganj
বাাংলার্িশ ব্াাংক সমবায় করদসর্ডদিয়াল কমর্েক্স

Bank
Dhaka

STC Bank Ltd.

Bank
Islami Bank Bangladesh Limited ATM
ATM
Chapai Nawabganj
Southeast Bank Limited
Bank
Dhaka

The Christian Co-o Closed perative Credit Union Limited Monipuripara Branch
Credit union
Dhaka
The Christian Co-Operative Credit Union Ltd, Dhaka
Credit union
Dhaka

International Leasing and Financial Services Ltd - ILFSL

Financial institution
Dhaka
Shahjalal Bank Limited ATM
ATM
Chapai Nawabganj
Bangladesh Bank
Central bank
Bogura
Prime Finance & Investment Limited
Financial institution
Dhaka
Dutch-Bangla Bank Limited ATM
ATM
Chapai Nawabganj
5.Future Plan with cooperative:
Good planning is the secret behind a building that doesn’t look its age. Without
a plan, your co-opcan’t know how much you’ll need to save for major repairs.
Until you know this, you don’t know what your housing charges should be.

So that, can publish or settle a proper business. Need help from cooperative to
do this. Refer to my capital reserve plan and figure out what need and want to
do. Try to include at least one nice-to-have among the priorities because my
members need roses, as well as bread. I know from my reserve plan how much
money I’ll need each year for capital work, so decide to save or borrow it and
adjust my budget to reflect my decision.

6.Conclusion: Cooperative society is one of the largest sector provides in

Bangladesh. It had been by the massa. Cooperative organization will be
formed with a view to increase self reliance, mutual cooperation and economy
for the development of its members. Inconclusion, we can point out
the cooperative organizations as following concepts: Cooperative organization
is a voluntary association of economically weak persons.

7.Reference:

➢ https://en.m.wikpedia.org
➢ www.scribd.com
➢ www.google.com
➢ https://en.banglapedia.org
➢ https://study.edu