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The main objective of this paper is to show how optimizing the governance process within cooperative societies will facilitate obtaining financing or subsidies from donors. From the formulation of the objective, it appears that our research is qualitative research, we carried out semi-structured interviews aided by an interview guide for the collection of data from sixteen (16) staff of the cooperatives that we supplemented with documentary analysis. The main result obtained shows that the optimization of the governance process within cooperative societies in Cameroon is essential to facilitate obtaining financing or subsidies from donors, thus validating our research proposals. We suggested to the managers of cooperative societies in Cameroon to set up an internal control and accountability system, establish partnerships with financial institutions, facilitate access to information on donors and finally put set up a financial advice system.