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What is a co-operative?

One definition of a co-operative is...

"An autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically controlled enterprise."

Co-operatives throughout the world share a set of values that give them their distinctive character.

Self-help

In co-operatives, people help each other whilst helping themselves by working together for mutual benefit.

Self-responsibility

Individuals within co-operatives act responsibly and play a full part in the organisation.

Democracy

A Co-operative will be structured so that members have control over the organisation - one member, one vote.

Equality

Each member will have equal rights and benefits (according to their contribution).

Equity

Members will be treated justly and fairly.

Solidarity

Members will support each other and other co-operatives.


The above information has been sourced from Co-operative Development Scotland and International Co-operative Alliance.

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