1.1 GENERAL OVERVIEW
A cooperative system is any machine,
which can accept data and information presented to it in a prescribed from,
carryout some operations on the input an supply the required results in a
specified format as information.
A cooperative society is the coming
together of group of people for the purpose of improving their financial
position or standings by pulling their resources together which would have been
difficult or almost to achieve individual.
Technology that was once beyond the
reach of small business is now common in all places, giving rise to new breed
of entrepreneurs who use the computer to produce new products and seek out to
and capture new market due to:
A high proportion of repetitive operations.
To improve cash flow from sales of product.
The advent of computers has brought about invaluable achievement to means
of life. Computers were able to achieve a lot in a very short period of time.
The situation of computer being scarcely available in some years ago has
drastically as the cost of acquiring computer system has drastically reduced
and has allowed thousands of personal computers.
Computer technologies have
contributed to business all over the world. Companies, banks, institutions and
others now rely on computers to assist in virtually every aspect of commence.
They are essential for efficiency and prompt responsiveness, so there is need
Computerized cooperative society
operations will make the expected benefits to be realized.
main objective of carrying out this research is in partial fulfillment of the
award of National Diploma in Computer Science.
will also bring into focus the various ways by which the use of computer can be
of great benefit to the cooperative societies.
aim and objectives of the research works are the following:-
1. To provide adequate security on records
of the union.
2. To reduce any attempt of misplacement
3. To ease the problems of loan
4. To make data validation easier and faster
5. To computerize the system that will
ensure prompt and accurate withdraw of
case study of this project is Ayedire Local Government staff cooperative
Investment and credit union society. It is presently located in the premises of
the Ayedire Local Government.
scope of the study will cover the process of computerizing all the transaction
made by the above named union.
OF THE STUDY
significance of the study are follows,
prompt and effective cooperative societies information
Reduction of stress involved in cross checking
Maintenance of a high level accuracy in the financial
dealings of cooperative societies.
reliable processing of in formations.
Effective and prompt accessibility to members
information without delay.
LIMITATIONS OF THE STUDY
limitations of the proposed system are:
1. The proposed system will not cater for
the payment of salaries of the staffs
in the operation because we were not give any information pertaining to that.
2. The proposed
system will not determine that maximum period of loan repayment due to time
3. The proposed
system will not accept a divorce into the union because the personnel were not
specific if there is divorce or not, it will only process for only married and
OF UNFAMILIAR TERMS
1. CREDIT: Way of delayed payment of
goods and service which allows for regular payment over a period of time.
2. LOAN: A sun of money issued to a
person on credit with an accompanying duration of time for repayments to be
3. DIVIDEND: A share profits paid to
member who own share in an organization.
4. THRIFT: It refers to a prudent
economy that is, the habit o saving money and spending it carefully.
5. INTEREST: A calculated sum of money
with a given rate charged on
A person who guarantees a loan.
7. SAVINGS: This is the monthly a mount
that member is keeping or saving in the society as his/ her assets.
8. SHARES: This is the mount
contributed one to the society that qualifies him/her as a stake holder.