What is a cooperative?​​​​​​​​​​​​​​​​​​​​​

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• Autonomous and a duly registered association
• Common bond of interest
• Voluntarily joined together
• Achieve their social, economic, and cultural needs and aspirations
• Equitable contributions
• Patronizing their products and services
• With risks and benefits
• Cooperative principles

 

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What are the cooperative principles?

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• Voluntary and open membership
• Democratic member control
• Member economic participation
• Autonomy and independence
• Education, training and information
• Cooperation among cooperative
• Concern for community

All Cooperatives must register under the CDA and all Cooperatives are governed under the PHILIPPINE COOPERATIVE CODE of 2008 – known as Republic Act. 9520

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WHO CAN JOIN?
WHAT ARE THE REQ. TO BECOME A KADAMAYmpc MOBILE FRANCHISE?
WHAT ARE THE BENEFITS OF KNMAP?
WHAT ARE THE BENEFITS OF AN ORDINARY KMPC MEMBER?
WHAT ARE THE FUTURE PROJECT OF THE COOPERATIVE?

 

 

 

 

How does the Co-op work?

Co-operatives are guided by seven internationally recognized principles, very similar to those adopted by a small group of progressive thinkers who formed one of the world's first co-operatives in Rochdale, England in 1844:

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1. Voluntary and Open Membership

Co-operatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political, or religious discrimination.

 

​2. Democratic Member Control

Co-operatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary co-operatives members have equal voting rights (one member, one vote), and co-operatives at other levels are also organized in a democratic manner.

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3. Member Economic Participation
Members contribute equitably to, and democratically control, the capital of their co-operative. At least part of the capital is usually the common property of the co-operative. Members usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any of the following purposes: developing their co-operative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the co-operative; and supporting other activities approved by the membership.

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4. Autonomy and Independence
Co-operatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their co-operative autonomy.

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5. Co-operation Among Co-operatives
Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional, and international structures.

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6. Concerns for Community
Co-operatives work for the sustainable development of their communities, through policies approved by their members.