SOCIAL

SCIENCE
RATIO #15
Prepared by: Teacher Jerson
15. WHICH TYPE OF COOPERATIVE
PROMOTES THRIFT AMONG MEMBERS
AND GENERATE FUNDS TO LEND TO ITS
MEMBERS?
A. CREDIT COOPERATIVE
B. SERVICE COOPERATIVE
C. CONSUMERS COOPERATIVE
D. PRODUCERS COOPERATIVE
15. WHICH TYPE OF COOPERATIVE
PROMOTES THRIFT AMONG MEMBERS
AND GENERATE FUNDS TO LEND TO ITS
MEMBERS?
A. CREDIT COOPERATIVE
B. SERVICE COOPERATIVE
C. CONSUMERS COOPERATIVE
D. PRODUCERS COOPERATIVE
Article 139 of Republic Act No. 9520, otherwise
known as the Philippine Cooperative Code of
2008
• Credit Cooperative - refers to a cooperative
that promotes thrift and wise use of money and
undertakes savings and lending services among
its members. It generates a common pool of
funds in order to provide financial assistance
and other related financial services to its
members for productive and provident purposes.
• Service Cooperative – refers to a cooperative
organized primarily to provide any type of
service to its members including, but not limited
to, labor, transport, information and
communication, insurance, housing, electric,
health services, education, banking and savings,
and credit.
• Consumer cooperative, the
primary purpose of which
is to procure and distribute
commodities to member
and non-members
• Producers cooperative,
which undertakes joint
production whether
agricultural or industrial
4. JUMPING
5.HOPPING is springing on one foot and
landing on the same foot.
6. SKIPPING is done with a step and a hop
using the same foot.