Modern co-operative is recognized for the economic, social, and cultural growth and progress of those people in our society, who are still under the line of poverty. It has been proved through different reasons that the cooperative is the only way to change the economic standard of living of our society. Considering this fact, the interim constitution of Nepal has also accepted the three pillared economic policy along with the cooperative. Therefore, community and member based cooperatives have the leading role in today’s changing circumstances.