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Cooperatives have many members. It accepts deposits from its members. With these deposits as collateral, the Cooperative obtains a large loan from the bank. These funds are used to provide loans to its members. Once these loans are repaid, another round of lending takes place
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Cooperatives have many members. It accepts deposits from its members. With these deposits as collateral, the Cooperative obtains a large loan from the bank. These funds are used to provide loans to its members. Once these loans are repaid, another round of lending takes place
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