1、1 2700 英文单词， 1.5 万英文字符， 中文 4400 字 文献出处： Oluyombo D. The Role of Co-operative Loans in Rural Finance: Evidence from Ogun State, NigeriaJ. Journal of Co-operative Studies, 2013,46(1):5-15. The Role of Co-operative Loans in Rural Finance: Evidence from Ogun State, Nigeria Oluyombo D This paper examines
2、 how loans made by co-operative societies in rural areas meet the financial needs of their members and, by extension, the role of the co-operative lending in rural finance. The study makes use of primary data from nine focus group discussions comprising seventy two members selected randomly from twe
3、lve co-operatives in six local government areas. Data was analysed using tables of numbers and percentages, content analysis and quotations from participants. The study found that the financial needs of the members were met through loan granting at reduced interest rates without the pledging of fixe
4、d and financial assets as collateral. The low interest rate on loans reduces the likelihood of members patronising money lenders and of possible loan defaults. The personal guarantor arrangement greatly enhanced the inter-personal relationship among members enabling them to provide support to member
5、s in trouble and reducing their individual poverty level. However, there may be need for emergency loans that can be repaid over a longer period of time to ease the financial burden of the members and enhance social and financial capital. Introduction The delivery of banking services in developing n
6、ations reaches less than 20% of the population (Rosenberg, 1994; Robinson, 2001; Ndiaye, 2005). The rest of the population may not have any access to a formal financial service provider and “the majority of low income households, in all parts of the world, historically have not had access to formal financial services” (Chiumya, 2006:29) because most formal financial service providers regard low income earners and households in rural areas as too poor financially having no access to surplus
