You are viewing a single comment's thread from:RE: LeoThread 2023-10-12 06:29View the full contextView the direct parentfokusnow (73)in LeoFinance • last year Thats so cool. The value of human resource is felt in such groups.
We tried once but we did not succeed. This time, we asked the assistance of those who have done it to guide us through the process.
Its not really easy to run that especially when friends are part of it. Some might not take the commitment serious. For example, I have seen friends borrow money from a cooperative and fail to pay because the leadership are people they know
We are actually discouraged by the organizer from starting a cooperative by borrowing money. On our first try, we failed in running a canteen.
Oh oh, and that might put the cooperative in debt
Well, we still have funds left. It's good that before our capital was depleted, one family took over to replace us in managing the canteen.
That was really a good move. So this time around you need to get all the assistance needed to do the business well.
Yeah, that's the idea. We hate losing money to something that we don't understand.
!LOLZ