Impact of Cooperatives on Poverty Reduction and Sustainable Livelihoods: Insights from Bhaktapur District, Nepal

Abstract

: Cooperatives, as organizations promoting self-reliance, good governance, and equity, aim to meet the social, cultural, and economic needs of their members through democratic ownership and control. In Nepal, cooperatives play a vital role in addressing challenges such as poverty, unemployment, and inequalities, fostering inclusive economic growth. This study focuses on filling the knowledge gap regarding the engagement and impact of cooperatives on the socio-economic and sustainable development of Bhaktapur district, shedding light on their significance in fostering sustainable livelihoods through saving and lending activities.