Cooperatives

Prepared by: Del Monte, Rosalie M.

 Cooperative- is an organization owned,
controlled and operated by consumers.
• The term cooperation is derived from the Latin
word cooperari,
 where the word co means 'with'
 and operari means 'to work'.

• Thus, cooperation means working together.

• So those who want to work together with some

common economic objective can form a society
which is termed as “cooperative society”.

• Cooperative society works on the principle of self-

help as well as mutual help.
 Robert Owen- “Father of Cooperatives”
Basic Principles of
Cooperatives
1. Open and Voluntary Member
2. Democratic Control
3. Limited Returns on Capital
4. Patronage Dividends
5. Cash Trading at Prevailing Market
Prices
6. Religious and Political
Neutrality
7. Member Economic Participation
8. Education Training and
Information
9. Cooperation Among
Cooperatives
10. Concern for the community