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Voluntary and open membership :Cooperatives and voluntary organisations, open to all persons able to use their
services and willing to accept the responsibilities of membership, without social ,
racial , political and religious discrimination. |
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Democratic member Control :
Cooperatives are democratic organisations 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. |
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Members' Economic
Participation : Members contribute
equitably to, and democratically control, the
capital of their cooperative . At least partially that capital is
usually the common property of the cooperatives . Members usually receive limited
compensation, if any, on Capital Subscribed as a condition of membership .
Members allocate surpluses for any or all of the following purposes :: |
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Developing their cooperatives
possibly by setting up reserves, part of which at least would be indivisible
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Benefiting the members in
proportion to their transaction with the
cooperative and supporting other activities
approved by the membership
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Autonomy and Independence:
Cooperatives are autonomous ,
self-help organisations controlled by their members
. If they enter into
agreements with other organisations, including governments, or
raise capital from external sources,they do so on terms that ensure democratic
control by their members and maintain their cooperatives
autonomy. |
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Education, Training and
Information: Cooperatives provide
Education and Training for
their members, Managers and employees so they can contribute effectively
to the development of their cooperatives. |
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Cooperation among
Cooperatives : Cooperatives serve
their members most effectively
and strengthen the cooperatives movement by working
together through Local, National, Regional and International structures. |
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Concern for Community
: Cooperatives work for the
sustainable development of their
communities through policies approved by their members. There motto is to make
the progress line go higher and higher. |