The purpose of establishing any cooperative society is to look out for the best interest of it’s members and also contribute to the development of the society at large.

Co-operative societies are set up as a means to encourage disciplined personal savings and the wealth thus aggregated becomes a strong platform for self and mutual help for members.

Real estate Cooperatives are well entrenched in some societies. In Kenya, for example SACCOS account for about 38% of national savings and over 80% of home ownership finance.