Kinds of Cooperative

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Last updated 5:43 PM on 12/8/24
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23 Terms

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Credit Cooperative

A cooperative that promotes savings and lending services among its members to provide financial assistance for productive and provident purposes.

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Consumers Cooperative

A cooperative primarily focused on procuring and distributing commodities to its members and non-members.

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Producers Cooperative

A cooperative formed and operated by members for joint production and processing of goods, selling finished products to members and non-members.

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Marketing Cooperative

A cooperative that supplies production inputs to members and markets their products.

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Service Cooperative

A cooperative engaged in providing various services such as medical care, transportation, housing, and communication.

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Multipurpose Cooperative

A cooperative that combines two or more business activities from different types of cooperatives.

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Advocacy Cooperative

A primary cooperative that promotes cooperativism through socially-oriented projects and education.

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Agrarian Reform Cooperative

A cooperative organized by marginal farmers to develop systems related to land tenure and management.

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Cooperative Bank

A bank established to provide a wide range of financial services to cooperatives and their members.

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Dairy Cooperative

A cooperative whose members are engaged in the production and marketing of dairy products.

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Education Cooperative

A cooperative organized for owning and operating licensed educational institutions.

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Electric Cooperative

A cooperative focused on power generation using renewable energy sources for its members.

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Financial Service Cooperative

A cooperative organized to provide savings, credit, and financial services.

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Fishermen Cooperative

A cooperative formed by marginalized fishermen to market their fresh or processed products.

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Health Services Cooperative

A cooperative that provides medical, dental, and other health services.

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Housing Cooperative

A cooperative organized to assist members in accessing housing through a savings program.

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Insurance Cooperative

A cooperative engaged in insuring lives and properties of its members.

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Transport Cooperative

A cooperative focused on land and sea transportation services.

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Water Service Cooperative

A cooperative that manages water systems to provide potable water for its members.

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Workers Cooperative

A cooperative organized by workers who are both members and owners, aimed at providing employment and managing according to cooperative principles.

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Primary Cooperative

A cooperative with natural persons as members.

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Secondary Cooperative

A cooperative whose members are primary cooperatives.

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Tertiary Cooperative

A cooperative whose members are secondary cooperatives.