Post by account_disabled on Feb 27, 2024 22:27:10 GMT -7
The TipsArticle Law no. of states that cooperatives aim to advance the welfare of members in particular and society in general as well as participate in building the national economic order in order to create an advanced just and prosperous society based on Pancasila and the Constitution. . Functions of Savings and Loans Cooperatives Savings and loan cooperatives are businesses that are based on trust and bear a lot of risk. Source Cooperative News According to Government Regulation PP no. of savings and loan business activities are only carried out by Savings and Loans Cooperatives or Savings and Loans Units.
In practice the remaining business proceeds obtained by B2B Email List the Savings and Loans Cooperative after deducting reserve funds are used for distributed to members in a balanced manner based on the amount of funds invested as own capital in the cooperative and the transaction value financing education and training as well as improving skills incentives for managers and employees as well as other needs to support cooperative activities. In addition savings and loan cooperatives have a major function in the business activities of their members including the following.
Giving Low Interest Loans Loans are the provision of money or bills that can be equated with it based on an agreement or loan agreement between the Cooperative and another party which requires the borrower to pay off the debt after a certain period of time accompanied by the payment of a certain amount of compensation. cooperatives can provide loans to members prospective members other cooperatives andor their members. The advantage is that the interest charged when applying for a loan from a savings and loan cooperative is relatively low. The figure itself varies starting from percent per year . percent per year or percent per year. Conditions vary according to the type of loan applied for.Online Passport.
In practice the remaining business proceeds obtained by B2B Email List the Savings and Loans Cooperative after deducting reserve funds are used for distributed to members in a balanced manner based on the amount of funds invested as own capital in the cooperative and the transaction value financing education and training as well as improving skills incentives for managers and employees as well as other needs to support cooperative activities. In addition savings and loan cooperatives have a major function in the business activities of their members including the following.
Giving Low Interest Loans Loans are the provision of money or bills that can be equated with it based on an agreement or loan agreement between the Cooperative and another party which requires the borrower to pay off the debt after a certain period of time accompanied by the payment of a certain amount of compensation. cooperatives can provide loans to members prospective members other cooperatives andor their members. The advantage is that the interest charged when applying for a loan from a savings and loan cooperative is relatively low. The figure itself varies starting from percent per year . percent per year or percent per year. Conditions vary according to the type of loan applied for.Online Passport.