Prelim: Types of Coop

    Cards (20)

    • is one that promotes and
      undertakes savings and
      lending services among its
      members. It generates a
      common pool of funds in
      order to provide financial
      assistance to its members
      for productive and
      provident purposes;
      Credit Cooperative
    • is one of the primary purpose of which is to procure and distribute
      commodities to members and non-members
      Consumers Cooperative
    • is one that undertakes joint production
      whether agricultural or industrial. It is
      formed and operated by its members
      to undertake the production and
      processing of raw materials or goods
      produced by its members into finished
      or processed products for sale by the
      cooperative to its members and
      non-members. Any end product or its
      derivative arising from the raw
      materials produced by its members,
      sold in the name and for the account of
      the cooperative, shall be deemed a
      product of the cooperative and its
      members
      Producers Cooperative
    • is one which engages in the supply of production inputs
      to members and markets their products
      Marketing Cooperative
    • is one which engages in medical
      and dental care,
      hospitalization, transportation,
      insurance, housing, labor,
      electric light and power,
      communication, professional
      and other services;
      Service Cooperative
    • is one which combines two (2) or more of
      the business activities of
      these different types of
      cooperatives;
      Multipurpose Cooperative
    • is a primary cooperative which
      promotes and advocates
      cooperativism among its
      members and the public
      through socially- oriented
      projects, education and
      training, research and
      communication, and other
      similar activities to reach out to
      its intended beneficiaries;

      Advocacy Cooperative
    • is one organized by marginal farmers majority
      of which are agrarian reform
      beneficiaries for the purpose of
      developing an appropriate system of land
      tenure, land development, land
      consolidation or land management in
      areas covered by agrarian reform
      Agrarian Reform Cooperative
    • is one organized for the
      primary purpose of
      providing a wide range of
      financial services to
      cooperatives and their
      members;
      Cooperative Bank
    • is one whose members are
      engaged in the production
      of fresh milk which may be
      Dairy Cooperative
    • one 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;
      Education Cooperative
    • is one organized for the primary
      purposed of undertaking power
      generations, utilizing renewable
      energy sources, including
      hybrid systems, acquisition
      and operation of
      subtransmission or distribution
      to its household members;
      Electric Cooperative
    • is one organized
      for the primary purpose of engaging in
      savings and credit services and other
      financial services;
      Financial Service Cooperative
    • is one organized by marginalized fishermen in localities
      whose products are marketed either as fresh or processed
      products;
      Fishermen Cooperative
    • is one organized for the primary purpose of
      providing medical, dental and other
      health services;
      Health Services Cooperative
    • is one 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;
      Housing Cooperative
    • is one engaged in the business of insuring life and poverty
      of cooperatives and their members;
      Insurance Cooperative
    • is one which includes land and sea transportation,
      limited to small vessels, as defined or
      classified under the Philippine maritime
      laws, organized under the provisions of this Code;
      Transport Cooperative
    • is one organized to own, operate and manage
      waters systems for the provision and
      distribution of potable water for its
      members and their households;
      Water Service Cooperative
    • is one organized by workers, including the
      self-employed, who are at same time the
      members and owners of the enterprise. Its
      principal purpose is to provide employment and
      business opportunities to its members and
      manage it in accordance with cooperative
      principles
      Workers Cooperative