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Extent Of Compliance Of Manual Of Rules And Regulations Among Cooperatives With Savings And Credit Services In The Province Of Guimaras

Chapter 1
Introduction to the study
Chapter One includes five parts namely (1) Background and Theoretical Framework, (2) Statement of the Problem and the Hypothesis, (3) Significance of the Study, (4) Definition of Terms, (5) Delimitation of the Study.

Part One, Background and Theoretical Framework, discusses the reasons for the choice of the problem and the theoretical framework upon which the study is anchored.
Part Two, Statement of the Problem and Hypotheses, identifies the major and specific problems that the research hopes to answer and hypotheses to be tested.
Part Three, Significance of the Study, enumerates the benefits that can be derived from the results of the study.
Part Four, Definition of Terms, includes the conceptual and operational definitions of important terms in the study.
Part Five, Delimitation of the Study, states the limits of the study.

Background and Theoretical Framework

A cooperative A cooperative is an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations by making equitable contributions to the capital required, patronizing their products and services and accepting a fair share of the risks and benefits of the undertaking in accordance with universally accepted cooperative principles.(http://www.lawphil.net/statutes/ repacts/ra2009/ra_9520_2009.html)

The history of Savings and Credit Cooperatives (SACCOS) begins at 1850 A.D. from Germany. F.W. Raiffeisen established first SACCOS for economic development of deprived, poor, unemployed and starved people. Analyzing the history of all SACCOS in the world, it found that all are established to prioritize economic empowerment of people and relieving from poverty, unemployment & starvation....