
What is a Cooperative?
A Cooperative is a democratic and autonomous association or
organization of people that are united and brought together on a voluntary
basis by their common social, cultural, economic needs, and aspirations through
a democratically-controlled and jointly-owned enterprise.
Cooperative Principles
These principles serve as a guide and standard cooperatives adhere to,
not just in the Philippines but all over the world.
1.
Voluntary and Open Membership
Membership to cooperatives is open to everybody who wishes
to be part of the group without prejudice to anyone’s gender, race, social,
political, and religious orientation.
2.
Democratic Member Control
As democratic organizations, members own and control the
cooperatives and the principle “One Member, One Vote” applies. Everything is
organized in a democratic manner.
3.
Member Economic Participation
Members are expected to contribute equitably to, and
democratically control the cooperative’s capital and receive limited
compensation for voluntary work done as a condition of membership.
4.
Autonomy and Independence
Being self-help and independent organizations, cooperative
only enter into arrangements and/or agreements with the government and other
organizations provided that the terms will ensure that democratic control will
be maintained.
5.
Education, Training, and Information
Members, employees, and officers are sent to different
training programs that will further enhance and sharpen their skills and
knowledge in effectively running the cooperative for its continuous growth and
development.
6.
Cooperation among Cooperatives
Sharing the same cause and advocacies, cooperatives work
together and help each other to strengthen the cooperative movement on both
national and international levels.
7.
Concern for Community
Communities play an integral role in the existence of
cooperatives. That is the reason why cooperatives support programs and
activities that will results to a sustainable development among its
communities.
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