Objectives

Principle

 Sodecs Saving & Credit Cooperative Ltd. follows the principles of the International Cooperative Alliance (ICA 1895) and Loan Council 1994.

Objectives

  • For the uplift of the economical life standard of the members, to inspire them to save and invest money for different income, skill and service-oriented business.
  • Based on norms, values and principles of the cooperative, having been organized to fulfill the desire and necessities of the members.
  • To increase the feelings of self-reliance and cooperation among the members.
  • Having terminated the socio-economical discrepancy, to coordinate together against poverty and economic exploitation.
  • To invest and make investments the money among the underprivileged people especially the peasants.
  • Without religious, gender and racial disparity, to emphasize equal economic development. Its further objective is to conduct various employment-based training, education, consultation service, seminars and enhance the consciousness among the members. (Sodecs can function only among the members)
  • To collect small amount of money from small and middle class retailers and farmers, and invest among the SODECS members.