A co-operative society is often a voluntary association of individuals who come together with the intention to work together and to promote their economic interest. These societies work on the principle of self-help as well as mutual help.

Best examples are dairy, fish farmers, weavers and artisans and tribal co-operatives. These are urban and rural financial societies that provide loans to members at low rates of interest, protecting the members from massive debts to traditional moneylending agencies.For better understating of Cooperative societies along with all its benefits and limitation contact us .