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Cooperatives

Overview of Cooperatives

What is Cooperatives?

  • A cooperative is an organization owned and run by its members, who share the benefits of the cooperative's work. It operates on the principle of collective ownership, where each member has a say in the decision-making process.

  • Cooperatives focus on serving the needs of their members rather than maximizing profit for shareholders.

Principles and Values:

Voluntary and Open Membership:

Open to all individuals willing to use its services and who are ready to accept the responsibilities of membership.

Democratic Member Control:

Members actively participate in setting policies and making decisions.

Member Economic Participation:

Members contribute equally to the capital of the cooperative and share in its financial success.

Autonomy and Independence:

Cooperatives are autonomous organizations controlled by their members.

Education, Training, and Information:

Cooperatives provide education and training for their members.

Cooperation among Cooperatives:

Cooperatives serve their members most effectively and strengthen the cooperative movement by working together.

Cooperative Cooperation Network
Philippines Ecosystem

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