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