The document outlines the importance and benefits of cooperatives, emphasizing their role in self-reliance, economic development, and social justice. It defines a cooperative as a registered association of individuals with common interests who work together for mutual benefit, highlighting principles such as voluntary membership and democratic control. Additionally, it contrasts cooperatives with associations, detailing registration requirements and the cooperative's focus on member service rather than profit-making.
The document outlines the importance and benefits of cooperatives, emphasizing their role in self-reliance, economic development, and social justice. It defines a cooperative as a registered association of individuals with common interests who work together for mutual benefit, highlighting principles such as voluntary membership and democratic control. Additionally, it contrasts cooperatives with associations, detailing registration requirements and the cooperative's focus on member service rather than profit-making.
The document outlines the importance and benefits of cooperatives, emphasizing their role in self-reliance, economic development, and social justice. It defines a cooperative as a registered association of individuals with common interests who work together for mutual benefit, highlighting principles such as voluntary membership and democratic control. Additionally, it contrasts cooperatives with associations, detailing registration requirements and the cooperative's focus on member service rather than profit-making.
The document outlines the importance and benefits of cooperatives, emphasizing their role in self-reliance, economic development, and social justice. It defines a cooperative as a registered association of individuals with common interests who work together for mutual benefit, highlighting principles such as voluntary membership and democratic control. Additionally, it contrasts cooperatives with associations, detailing registration requirements and the cooperative's focus on member service rather than profit-making.
Download as PPTX, PDF, TXT or read online from Scribd
Download as pptx, pdf, or txt
You are on page 1/ 32
COOPERATIVE
BUILDING *
Hannah R. Domingo City Cooperative Development Office San Jose City-Local Government Unit COOP Why Cooperative? C R I S I S ESOURCES APITAL NCOME NTEGRITY UPPORT TRATEGY Why Coops are Special? Vehicle for SELF-RELIANCE Attainment for ECONOMIC DEVELOPMENT, and JUSTICE K Sarili isasali Pagtanggap O O P Puhunan o E Paggawa at pagtutulungan taya R A T Kita o kumita I Mga kasama
B A What is Cooperative? (R.A. 9520) “ A cooperative is an : autonomous duly registered association of persons with common bond of interest who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations making equitable contributions to the capital required patronizing their products and services and accepting a fair share of the risks and benefits of the undertaking in accordance with universally accepted cooperatives principles.” Advantages of cooperative? 1. The co-operative is owned and controlled by its members
2. The cooperative is a voluntary organization 3. Each member has only one vote
4. It is not based on profit-
making principles but rather on service-rendering principles to its members 5. It is has a limited liability 6. Profit distribution (surplus earnings) to members is carried on in proportion to the use of service and capital contribution 7. It HAS TAX Privileges 1. Self-Help 2. Self Responsibility 3. Equity 4. Democracy 5. Equality 6. SOLIDARITY 7. Honesty 8. Openness 9. Caring for Others
10. Social Responsibility
Principles of Cooperatives 1. VOLUNTARY and OPEN MEMBERSHIP 2. DEMOCRATIC MEMBERS CONTROL 3. MEMBER ECONOMIC PARTICIPATION 4. AUTONOMY AND INDEPENDENCE 5. EDUCATION , TRAINING & INFORMATION 6. COOPERATION AMONG COOPERATIVES 7. Concern for community COOPERATIVE VS ASSOCIATION COOPERATIVE ASSOCIATION Its purpose is to satisfy the economic Union of two or more persons for the and social needs of its members. purpose of achieving a goal or carrying out an activity that is not Basic principles: necessarily profitable.
Voluntary and open membership. The profits made from their
Management of partners via general economic activities must be used assembly, by simple majority. exclusively for the fulfilment of their Economic participation of the purposes. It cannot be distributed members in an e2quitable way. among the members, their spouses, or legal entities with a profit-making interest.
Development Authority Requirements and Registration Process Four Copies Economic Survey Four Copies of Duly Notarized Articles of Cooperation and BY-Laws A surety Bond of accountable officers Treasurer’s Affidavit Approved Cooperative Name Reservation Slip Certificate of PMES MARAMING SALAMAT
