This research was conducted on analyses of the Role of Agricultural Cooperatives in achieving Socioeconomic Development of its Members in Addiskidam town, Gojam, Ethiopia. Thus, the general objectives of the study was to examine Role of Agricultural Cooperatives in achieving Socioeconomic Development of its Members and more Specifically; to assess the socio-economic contribution of the agricultural cooperative for its members and to identify factors affecting the success of agricultural cooperatives in the study area. Multistage sampling technique was used; and the samples of 65households were interviewed. Both descriptive and econometric analysis was made so as to achieve objectives. This cooperative is a form of farmers multipurpose cooperative which is a village-based and community-based farmers’ cooperative with several socio-economic functions. The functions include supplying agricultural inputs, agricultural output marketing, and agricultural credit services. Data gathered were analyzed by using tables, and percentages. Using the Logistic Regression Model the study found that the variables, sex of household head, age of household head, educational level of household head, and income of household determine household’s socio-economic development. The first three variables, i.e. sex, age, and education were significant at 5% levels of significance. And the last variable, income of a household was significant at a 1% level of significance. Based on the results of this study, some challenges hinder the activities of the cooperative: lack of well-trained manpower, lack of member's education, and corruption are the major challenges to the activities of the cooperative. Besides, there were some recommendations for each problem that were arrived by us. So, there should be education for the members on how to keep financial and organizational records as well trained manpower and employees should be hired by the organization.
Published in | International Journal of Economic Behavior and Organization (Volume 10, Issue 2) |
DOI | 10.11648/j.ijebo.20221002.12 |
Page(s) | 41-56 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
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Copyright © The Author(s), 2022. Published by Science Publishing Group |
Agricultural Cooperative, Socioeconomic Development, Logistic Regression
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APA Style
Feleke Shitu. (2022). The Role of Agricultural Cooperatives in Achieving Socio-economic Development of Its Members: In Case of Addiskidam Town, Gojam. International Journal of Economic Behavior and Organization, 10(2), 41-56. https://doi.org/10.11648/j.ijebo.20221002.12
ACS Style
Feleke Shitu. The Role of Agricultural Cooperatives in Achieving Socio-economic Development of Its Members: In Case of Addiskidam Town, Gojam. Int. J. Econ. Behav. Organ. 2022, 10(2), 41-56. doi: 10.11648/j.ijebo.20221002.12
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TY - JOUR T1 - The Role of Agricultural Cooperatives in Achieving Socio-economic Development of Its Members: In Case of Addiskidam Town, Gojam AU - Feleke Shitu Y1 - 2022/04/14 PY - 2022 N1 - https://doi.org/10.11648/j.ijebo.20221002.12 DO - 10.11648/j.ijebo.20221002.12 T2 - International Journal of Economic Behavior and Organization JF - International Journal of Economic Behavior and Organization JO - International Journal of Economic Behavior and Organization SP - 41 EP - 56 PB - Science Publishing Group SN - 2328-7616 UR - https://doi.org/10.11648/j.ijebo.20221002.12 AB - This research was conducted on analyses of the Role of Agricultural Cooperatives in achieving Socioeconomic Development of its Members in Addiskidam town, Gojam, Ethiopia. Thus, the general objectives of the study was to examine Role of Agricultural Cooperatives in achieving Socioeconomic Development of its Members and more Specifically; to assess the socio-economic contribution of the agricultural cooperative for its members and to identify factors affecting the success of agricultural cooperatives in the study area. Multistage sampling technique was used; and the samples of 65households were interviewed. Both descriptive and econometric analysis was made so as to achieve objectives. This cooperative is a form of farmers multipurpose cooperative which is a village-based and community-based farmers’ cooperative with several socio-economic functions. The functions include supplying agricultural inputs, agricultural output marketing, and agricultural credit services. Data gathered were analyzed by using tables, and percentages. Using the Logistic Regression Model the study found that the variables, sex of household head, age of household head, educational level of household head, and income of household determine household’s socio-economic development. The first three variables, i.e. sex, age, and education were significant at 5% levels of significance. And the last variable, income of a household was significant at a 1% level of significance. Based on the results of this study, some challenges hinder the activities of the cooperative: lack of well-trained manpower, lack of member's education, and corruption are the major challenges to the activities of the cooperative. Besides, there were some recommendations for each problem that were arrived by us. So, there should be education for the members on how to keep financial and organizational records as well trained manpower and employees should be hired by the organization. VL - 10 IS - 2 ER -