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(PMES). PRE MEMBERSHIP EDUCATION SEMINAR ON COOPERATIVES.
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PRE-MEMBERSHIP EDUCATION SEMINAR (PMES) ON COOPERATIVE.
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WHAT IS A COOPERATIVE?. According to RA 9520 a cooperative is an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to ahieve their social, economic, and cultural needs and aspirations by 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 cooperative principles..
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COOPERATIVE 7 PRINCIPLES. are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, cultural, political or religious discrimination..
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COOPERATIVE 7 PRINCIPLES. are democratic organizations that are controlled by their members who actively participate in setting their policies and making decisions. Men and women serving as elected representatives, directors or officers are accountable to the membership. In primary cooperatives, members have equal voting rights of one-member one-vote. Cooperatives at other levels are organized in the same democratic manner..
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COOPERATIVE 7 PRINCIPLES. contribute equitably to, and democratically control, the capital of their cooperatives. At least part of that capital is the common property of the cooperative. They shall receive limited compensation or limited interest, if any, on capital subscribed and paid as a condition of membership. Members allocate surpluses for any or all the following purposes: developing the cooperative by setting up reserves, part of which should at least be indivisible; benefiting members in proportion to their patronage of the cooperative’s business; and, supporting other activities approved by the membership..