The functions of credit and thrift society does not inclu...
The functions of credit and thrift society does not include
charging low interest rate on loans
providing savings facilities
encouraging mutual co-operation of members
providing security for member's property
Correct answer is D
Cooperative thrift and credit societies can address some of the shortcomings of Esusu. These are member-based organisations that help members to address economic problems. The ultimate goal is to encourage thrift among the members and to meet the credit needs of people who might otherwise be exposed to exploitation. Their functions does not include option D
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