White Afrikaners as part of their recovery strategy from the disastrous Anglo Boer war, used co-operatives as an economic tool. In agriculture, they established organisations like VKB and NTK originating from Easter Cape and from Nylstroom, respectively. Services offered to farmers include financing, insurance, mechanisation, agricultural products and seed processing. In the banking sector, Volkskas was established in 1934 and later became a commercial bank. That is an example of a co-operative. The only disadvantage is that it was extremely discriminatory.