Role of Saving and Credit Cooperative in Changing Socio-Economic Status of Woman: A case Study of Kusheshwor Women Saving and Credit Cooperative Temal Rural Municipality of Kavre District, Nepa

Abstract

‗Co-operative is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations, through a jointly owned and democratically controlled enterprise‘. This definition set out seven cooperative principles: voluntary and open membership; democratic member control; member economic participation; autonomy and independence; education, training and information; cooperation among cooperatives; and concern for community. This is a study of role of saving and credit cooperative in changing socio-economic status of women. The objectives of the present study were to analyze the overall activities of cooperative, compare the social and economic condition of the women in the study area like social aspect, caste and ethnicity, religion, education, economic aspects, occupation, decision making process, health status potential problems of women and suggestions to improve their condition of social and economic status and so on. For the study Ksheshwor Women Saving and Credit Cooperative Temal rural municipality of Kavre, district, Nepal is taken to obtain desire objectives. The findings of this study have indicated that women who were involved in saving and credit cooperative then activities had brought increments in social and economic condition in term of decision making to participate in social function. As they were able to contribute monthly to household income, a thing they were previously unable to do. In this respect, saving and credit cooperative is strongly recommended because women will not only benefit to their households but to the national economy as well. This is because women are more likely to use their income for the benefit of the family than men. Key words: autonomous, association, voluntarily, enterprise, democratic