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What are the financial benefits of joining a cooperative society?

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I heard that when people join cooperative societies, they can be able to access loans that are given at interests of 1% per annum. And one can easily get financial support for project from the members of the cooperative society.

Do you think it is financially rewarding to join a cooperative society?
 
It is not just about joining a cooperative society but a functional one. Being part of such a cooperative society would aid your business growth as your business would receive support from other members.
 
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