Sample Policies For Cooperatives
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FAQ
Bylaws. The bylaws are essentially the operating manual of the cooperative and specify the rights and responsibilities of members and the rules for how the members interact with each other and with the cooperative.
? Objectives of cooperatives To mobilize funds and savings among members. To provide consumer goods to members at reasonable rates. To provide services to members ing to their needs, such as housing, transport, insurance etc. To promote self-help, self-reliance among people.
A cooperative is an association of persons (organization) that is owned and controlled by the people to meet their common economic, social, and/or cultural needs and aspirations through a jointly-owned and democratically controlled business (enterprise).
Cooperative Principles Voluntary and Open Membership. ... Democratic Member Control. ... Member Economic Participation. ... Autonomy and Independence. ... Education, Training, and Information. ... Cooperation among Cooperatives. ... Concern for Community.
Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: businesses owned and managed by the people who consume their goods and/or services (a consumer cooperative)