The Co-operative is like small types of bank. An autonomous of person united voluntarily to meet they're common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled enterprises. This type of bank provides personal banking service including current account, Credit cards, online and mobile banking-personal loans, saving and more. Nepal has a long cultural tradition of informal community-based cooperative including savings and credit associations are popularly known as dhukuti and grains savings and labour saving system known as parma and dharma bhakari. Similarly, Guthi provided a forum to work together for smoothly running different socio-cultural practices. Many of this traditional system of co-operation is still functioning in the rural areas of Nepal.
Image source: Google