Stabilize CREE

 How to Stabilize the CREE’s Business?

For sustainability of the CREE’s business, there is something more a CREE should adopt than just selling power to domestic consumers.

First of all, it should develop a strategy and write a business improvement plan. The strategy clarifies the goals of the CREE for future activities. The business improvement plan gives a comprehensive idea of future strategies the CREE can adopt.

Another important aspect to stabilize the CREE’s Business is to transform itself from NGO to Cooperative. Usually, a CREE is formed as an NGO where the acts of making profit, saving or giving loans are not promoted. However, converting the CREE into cooperative allows making surplus and giving loans to the members.  Thus, the CREE can gain financial stability for PU promotion.