Skip to main content

Principles of Cooperative

A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled organization. Cooperatives around the world generally operate according to the same core principles and values, adopted by the International Co-operative Alliance in 1995.

1. Voluntary and Open Membership
Cooperatives are voluntary organizations, open to all people able to use its services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
2. Democratic Member Control
Cooperatives are democratic organizations controlled by their members—those who buy the goods or use the services of the cooperative—who actively participate in setting policies and making decisions.
3. Members' Economic Participation
Members contribute equally to, and democratically control, the capital of the cooperative. This benefits members in proportion to the business they conduct with the cooperative rather than on the capital invested.
4. Autonomy and Independence
Cooperatives are autonomous, self-help organizations controlled by their members. If the co-op enters into agreements with other organizations or raises capital from external sources, it is done so based on terms that ensure democratic control by the members and maintains the cooperative’s autonomy.
5. Education, Training and Information
Cooperatives provide education and training for members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperative. Members also inform the general public about the nature and benefits of cooperatives.
6. Cooperation among Cooperatives
Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.
7. Concern for Community
While focusing on member needs, cooperatives work for the sustainable development of communities through policies and programs accepted by the members.


Comments

galienakagle said…
Casino at Queen Dr, Kings Mountain, WA 98659
Find Casino at Queen Dr, Kings Mountain, WA 98659 and 안동 출장마사지 other 전라남도 출장마사지 Casino at Resorts World Coast 양주 출장안마 Hotel in Kings 남양주 출장안마 Mountain, WA. 서산 출장마사지

Popular posts from this blog

Gurkha Millennium Multi-Purpose: Introduction

Gurkha Millennium Multi-Purpose Co-operative Ltd.(GMMC) was set up in 21 Kartik 2057 on the basis of principles and theories of co-operative by the real British Gurkhali group i.e. mainly the retired or Ex-British Gurkha Army and Singapore Police along with the involvement of their families. It was established with the purpose of offering swift, convenient and consistent services through the innovation of investment opportunities in the global economy, social, educational, and cultural and other various industries and business sectors leading to the raise in self employment. Features v   Paid up capital of 4 crores. v   Deposit collection of more than 35 crores. v   Entirely modernized and computerized transactions. v   More than 10 years experience in the field of Co-operative. v   Providing loans in a fast and convenient way with minimum interest rate. v   Saving can be done from within one’s reach. Objective ·          To run the o

Nepali Calendar 2075

Gurkha Millennium Multi Purpose cooperative has lunch Nepali Calendar 2075. Please contact Gurkha Millennium Multi Purpose cooperative for your free copy or download PDF version from  http://bit.ly/Calendar2075

List of Cooperative in Nepal

A Cooperative or Co-operative is a an autonomous association of persons who voluntarily cooperate for their mutual, social, economic and cultural benefit. This is a list of renown cooperative in Nepal. 1. Gurkha Millennium Multipurpose Cooperative Limited 2. Kumari saving and credit co-operative limited 3. Gorkha Saving and credit co-operative limited 4. Kantipur saving and credit co-operative limited 5. Nawakantipur multipurpose co-operative society 6. Sana saving and credit co-operative limited 7. Sincere saving and credit co-operative limited 8. Hamro sunalulo saving and credit co-operative limited