Author: Chris Peterson, Michigan State University, peters17@msu.edu
The good news about cooperative finance is that many members coming together to form and operate a cooperative have more financial resources collectively than each would have alone. As a result, cooperatives allow members to reap returns on assets related to their personal operations that they could not otherwise reap. But challenges exist for cooperatives and their members in the financial arena.
As the only source of equity capital, the total pool of …