Write about the functioning of Krishak Cooperative society.

Krishak Cooperative functions in a village not very far away from Sonpur. It has 2300 farmers as members. The Cooperative accepts deposits from its members. Using the deposit as collateral, the Cooperative obtains a large loan from the bank. The loan amount received from the bank is used as funds to provide loans to the members. Once the members repay the loans the amount is repaid to the bank and a fresh loan is taken from the bank. The Cooperative provides loans to its members for the purchase of agricultural implements, loans for cultivation and agricultural trade, fishery loans, loans for construction of houses and for a variety of other expenses.