Business Practices, Types, Categories of Cooperatives
description
Transcript of Business Practices, Types, Categories of Cooperatives
![Page 1: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/1.jpg)
Business Practicesof
Cooperatives
![Page 2: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/2.jpg)
Capital Formation Starting a new cooperative can create a need for
substantial capital. The best source of additional funds needed is from
members in the form of: a) membership fee or purchase of stock b) agreement to withhold portion of net earnings
profits) c) by assessment based on units of products sold or
purchased.
Cash TradingThis is business done on a cash and carry basis.
Selling at market price Cooperatives offer goods and services at prevailing
market prices
Cooperatives can avoid destructive competition Fostering constructive competition among
cooperatives will safeguard the interests of consumers
![Page 3: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/3.jpg)
Constant expansion As organizations, cooperatives have to grow for
community services.
Quality standardized goods Cooperatives are intended to develop communities
through the production of high quality goods and provision of better services
Cooperative wholesale business or interlending (cooperative bank)
Cooperatives can be organized with enough people and capital
The benefits from the wholesale are considerable Members can market and acquire the goods and
services at the right price and quality.
Minimize expenditures A significant factor favoring the growth of cooperative
is its being a community project
![Page 4: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/4.jpg)
TYPES OF
COOPERATIVES
![Page 5: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/5.jpg)
CreditConsumersProducersMarketingServiceMultipurposeAdvocacyAgrarian ReformCooperative BankDairyEducationElectricFinancial ServiceFishermenWorkersHousingHealth ServicesTransportWater ServiceInsurance
JSTRANSPORTGTPGFN
ECIVRESRETAWMCNGI
MROFERNAIRARGANDK
PRODUCERSSCFYIEAN
ISNADVOCACYITJCIA
MSREMUSNOCPEUWIRB
NOITACUDEPKMNKVYE
WZWORKERSRVQIHRPV
FTIDERCQAWUEAOEKI
MSMRRWMMEEVSTUSRT
RJDEECNARUSNISVCA
FQSNHADEUHEGWIXSR
ECIVRESLAICNANIFE
PFISHERMENQPBGUVP
SECIVRESHTLAEHWOO
PNMULTIPURPOSEFYO
ELECTRICTJTVPLNEC
![Page 6: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/6.jpg)
Credit Cooperative It promotes and undertakes
savings and lending services among its members, mobilizes funds in order to grant loans for productive and providential purposes, and engage in other related services to enable its member benefit from such loans.
They promote the habit of saving through the various kinds of deposits a member can have in the cooperative, the most common are :
![Page 7: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/7.jpg)
FIXED DEPOSITA must for all members because this
represents their investment or capital contribution to the cooperative.
SAVINGS DEPOSITIt is similar to the savings deposit a
person makes with banks. It is withdrawable anytime and periodically earns interest for the depositor regardless of the net surplus from business operations of the cooperatives.
TIME DEPOSITThis deposit is withdrawal upon
maturity or after a given period of time indicated in the Certificate of Time Deposit.
![Page 8: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/8.jpg)
Consumers Cooperative
• Provides or sells goods or commodities to end consumers (members or non-members) at reasonable prices.
• Found most viable and useful in the more remote rural areas where supply for basic commodities are not readily accessible to the community people.
• It functions as price stabilizer by ensuring adequate and steady supply of basic commodities in the market.
![Page 9: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/9.jpg)
Producers Cooperative
• Engages in joint or collective production, whether agricultural or industrial.
• It is formed for the purpose of producing and processing raw materials and finished products.– Production is important in strengthening the
Philippine economy because it create more jobs and supply more goods in the market.
• It has a task to promote a more balance and sustainable economics in the cities and the countryside.
![Page 10: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/10.jpg)
Marketing Cooperative
•One that engages in the supply of production inputs to members and markets their products
•Serves as intermediary channel of goods between production and end consumption.
•Its main purpose is to provide more benefits to both the producers and the consumers.
![Page 11: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/11.jpg)
Service Cooperative
•Engages in medical and dental care, hospitalization, transportation, insurance, housing, labor, electric light and power, communication, professional and other services.
![Page 12: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/12.jpg)
Multipurpose Cooperative
• Operates or combines two or more types of cooperative businesses defined by the law.
![Page 13: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/13.jpg)
Advocacy Cooperative
• Primary cooperative that promotes and advocates cooperativism among its members and the public through socially-oriented projects, research, communication, information, education, training and similar activities to reach out to the indeed beneficiaries.
![Page 14: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/14.jpg)
Agrarian Reform Cooperative
• It aims to establish appropriate system of land tenure for the farmer members as well as land development, land consolidation and management in areas covered by the land reform program.
![Page 15: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/15.jpg)
Cooperative Bank
• Organized for the purpose of providing a wide range of financial services to the cooperatives and other members.
![Page 16: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/16.jpg)
Dairy Cooperative
• Type of cooperative whose members are engaged in the production of fresh milk which may be processed and/or marketed as dairy products.
![Page 17: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/17.jpg)
Education Cooperative
• Organized for the primary purpose of owning and operating licensed educational institutions notwithstanding the provisions of Republic Act No. 9155, otherwise known as the Governance of Basic Education Act of 2001
![Page 18: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/18.jpg)
Electric Cooperative
• Has a primary purpose of generation and distribution of power to members’ households.
![Page 19: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/19.jpg)
Financial Service Cooperative
• Organized for the primary purpose of engaging in savings and credit services and other financial services.
![Page 20: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/20.jpg)
Fishermen Cooperative
• Organized by marginalized fishermen in localities whose products are marketed either as fresh or processed products
![Page 21: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/21.jpg)
Health Services Cooperative
• Provides medical, dental and other health services.
![Page 22: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/22.jpg)
Housing Cooperative
• Organized to assist or provide access to housing for the benefit of its regular members who actively participate in the savings program for housing. It is co-owned and controlled by its members.
![Page 23: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/23.jpg)
Insurance Cooperative
• Engaged in the business of insuring life and property of cooperatives and their members.
![Page 24: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/24.jpg)
Transport Cooperative
• It includes land and sea transportation, limited to small vessels, as defined or classified under the Philippine maritime laws, organized under the provisions of RA9520.
![Page 25: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/25.jpg)
Water Service Cooperative
• Organized to enable its members to own, operate and manage water systems for the provision and distribution of potable water for its members and its households
![Page 26: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/26.jpg)
Workers Cooperative
• Organized by workers, including the self-employed, who are at the same time the members and owners of the enterprise.
• Its purpose is to provide employment and business opportunities to its members and manage it in accordance with cooperative principles.
![Page 27: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/27.jpg)
CategoriesOf
Cooperatives
![Page 28: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/28.jpg)
In terms of membership Primary
the members of which are natural persons.Secondary
the members of which are primaries.Tertiary
the members of which are secondary cooperatives.
In terms of territory Cooperatives shall be categorized according to areas of
operation which may or may not coincide with the political subdivisions of the country.
Those organized by minors shall be considered a laboratory cooperative and must be affiliated with a registered cooperative.
It is governed by special guidelines promulgated by the CDA.
![Page 29: Business Practices, Types, Categories of Cooperatives](https://reader034.fdocuments.in/reader034/viewer/2022052410/5549c872b4c905856d8b4639/html5/thumbnails/29.jpg)