1.2    STATEMENT OF THE PROBLEM
            The major problems of cooperative societies include among others;
•    Inadequate financing
•     Unqualified/inexperienced management committee
•    Uncommitted membership 
•    Lack of clear policy guideline on cooperatives
•    Government attitudes towards cooperatives development
•    Lack of infrastructural facilities like regular and stable electricity, accessible roads, pipe-borne water etc.
1.3    OBJECTIVE OF THE STUDY
The aim and objectives are the following:-
•    To provide adequate security on records of the union.
•    To reduce any attempt of misplacement of data.
•    To ease the problems of loan acquisition.
•    To make data validation easier and faster
•    To computerize the system that will ensure prompt and accurate withdraw of money.
1.4 SIGNIFICANCE OF THE STUDY
If the purposes of this system are achieved, it is point to be of a great importance to the management of the thrift collection system.
-           To the management of the thrift collection system.  It is necessary to investigate their budget planning and execution and evaluate their effectiveness. This system will determine why thrift collection system does not thrive as other co-operative societies.
Moreover, the committee members will know that thrift collection system must achieve their objective in order to justify the existence.
To the members of co-operative thrift and loan society, through this study they will know that they have an important role to play in order to insure the viability of the co-operative thrift and loan society.  According to self-help value of co-operative, there must be co-operation between them and the management
1.5   DEFINITION OF TERMS
LOAN: A sun of money issued to a person on credit with an accompanying duration of time for repayments to be done.
THRIFT: It refers to a prudent economy that is, the habit of saving money and spending it carefully.
SAVINGS: This is the monthly amount that member is keeping or saving in the society as his/ her assets
COOPERATIVE SOCIETY: A co-operative society is an association of person who voluntarily joried to achieve a common goal through the formation of a democratically controlled organization making equitable contribution of the capital required and accepting a fair share of the risk and benefit of the undertaking in which the members actively participate.