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Understanding Cooperatives: Principles and Benefits

This document provides an in-depth overview of cooperatives, focusing on their defining characteristics, ownership structure, and the services they offer. It covers principles such as voluntary and open membership, democratic control by members, economic participation, and the importance of education and community involvement. The report is aimed at those interested in understanding how cooperatives function and their role in promoting collective economic benefits for members while fostering a sense of community and social responsibility.

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Understanding Cooperatives: Principles and Benefits

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Presentation Transcript

  1. What is a Cooperative? • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Updated as March 2008

  2. Association of Members Cooperatives Business Research Legislation Cooperatives Development Department Jamila Bachiri/ What’s a Coop

  3. Cooperatives are Business Producers Credit Union / Caisses Populaires Consumer Workers Housing Health Communication

  4. Who is the owner? Who Uses the services

  5. Cooperatives Are Incorporated Under Regulations Cooperatives Act Formulated into By laws

  6. Members Elect Board of Directors

  7. Board of Directors Association Management Business

  8. COOPERATIVE Voluntary and Open Membership Member Economic Participation Autonomy and Independence Democratic Member Control Education, Training and Information Co-operation among Co-operatives Concern for Community Members

  9. 1- Voluntary and Open Membership

  10. 2- Democratic Member Control Association issues Business Issues Decision

  11. 3- Member Economic Participation Membership fees Investment Raising Capital

  12. 4- Autonomy and Independence Potential & possibilities Needs Services & Product Satisfaction of users members

  13. 5- Education, Training and Information

  14. 6- Co-operation among Co-operatives

  15. 7- Concern for Community

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