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 Form 2 Business Studies: Forms of business units lessons

Problems facing co-operative movements in Kenya.

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Answer Text:
Problems facing co-operative movements in Kenya.
-Inadequate skilled managers to effectively run the SACCOs
-Low income from members that limits them from acquiring shares.
-Inadequate securities to get loans from co-operatives.
-Stiff competition from banks and micro-finance institutions.
-Mismanagement of co-operative s by corrupt officials.
-Inadequate infrastructure the limits their operations.


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