“ Nepal has a long cultural tradition of informal community based co-operatives including savings and credit associations. „
Similarly, Guthi provided a forum to work together for smoothly running different socio cultural practices. Many of these traditional systems of cooperation are still functioning in the rural areas of Nepal
In the contest of competitive market due to government's liberal and free economic policy along with pace of technological enhancement, our entrepreneurs are facing no. of threats development on the belief of "Today's investment is tomorrow's return". Co-operative plays a vital role in the economic development of the country. It is the backbone of economic development of every country.