WEEK 4

TOPIC: STRUCTURE AND MARKET UNION FOR THE SALE OF

GOODS CONT.

SUB-TOPIC: Soles of facilitators in banks, micro finance, cooperatives, basins and

boards, the roles of market facilitators in marketing, functions of market facilitators

Their roles in banks:

1. They offer loans to farmers, business and merchant people e.g. Nigerian
Agricultural and Cooperative Bank (NACB), Community Bank and
Finance Homes, etc.
2. Facilitators help banks to ensure safety and transparency in the flow of
documents and money.
3. They consult with stalk holders to determine their interest, willingness
and ability to participate and find ways of reaching out to foster broad
representatives from private sector.
4. They work publicly and behind the scene to spot opportunities and
negotiate them.
5. They also liaise with development partners and develop vision for
dialogue process while also keeping accurate and transparent records and
providing impartial and timely summaries of meetings.

Their roles in micro finances:

Facilitators give advice to micro finance companies to know how to
motivate individuals with otherwise inaccessible funds that will expand buiness
while reducing risk.

Their roles in cooperative society:

Facilitators help cooperative society to overcome challenges by improving their
choices of survival and growth. They also help cooperative to identify business
resources and develop suitable strategy using their resources.

There are three types of cooperative societies

a. Producers’ cooperative society.

b. Consumers’ society
c. Credits and thrift cooperative society

Their roles in Basins and boards

River basin is the land river flows across to a river. Facilitators help to partner with
agencies, groups, agricultural business and industries representatives to share
ideas, information and resources, initiate projects, design projects to restore clean
water, etc.

THE ROLES OF MARKET FACILITATORS IN MARKETING:

The following are the roles of market facilitators:

1. Planning for production

2. Growing and harvesting
3. Grading
4. Packaging
5. Transport
6. Storage
7. Agro-allied
8. Food processing
9. Distribution
10. Advertising

11. Sale.

FUNCTIONS OF MARKET FACILITATORS

The functions of market facilitators include the following:

1. They give loans to market union members

2. They provide overdraft to channel members
3. They provide warehousing facilities for goods
4. They accept deposits from channel members
5. They move goods from one place to another
6. They rendered security services to market operators
7. They ensure goods and services against business risks
8. They advertise goods for producers
9. They provide means of communication between buyers and sellers

Evaluation:
1. Explain how facilitators can assist in micro finance.
2. What are five ways through which facilitators can help in cooperative
societies?
3. What are basins and boards?
4. State five roles of marketing facilitators in marketing
5. State five functions of market facilitators.

ASSIGNMENT

Choose any of the industries of facilitators and give your advices how things would
be better.