Podcast
Questions and Answers
An ______ Cooperative is engaged in the business of insuring life and property of cooperatives and their members.
An ______ Cooperative is engaged in the business of insuring life and property of cooperatives and their members.
Insurance
A ______ Cooperative is organized to own, operate, and manage water systems for providing potable water.
A ______ Cooperative is organized to own, operate, and manage water systems for providing potable water.
Water Service
A ______ Cooperative includes land and sea transportation, limited to small vessels.
A ______ Cooperative includes land and sea transportation, limited to small vessels.
Transport
A ______ Cooperative is organized by workers, including the self-employed, who are also the members and owners.
A ______ Cooperative is organized by workers, including the self-employed, who are also the members and owners.
Other types of Cooperatives may be determined by the ______.
Other types of Cooperatives may be determined by the ______.
A ______ Cooperative promotes and undertakes savings and lending services among its members.
A ______ Cooperative promotes and undertakes savings and lending services among its members.
The primary purpose of a ______ Cooperative is to procure and distribute commodities to members.
The primary purpose of a ______ Cooperative is to procure and distribute commodities to members.
A ______ Cooperative involves joint production, either agricultural or industrial.
A ______ Cooperative involves joint production, either agricultural or industrial.
A ______ Cooperative markets products and supplies production inputs to its members.
A ______ Cooperative markets products and supplies production inputs to its members.
A ______ Cooperative is organized to provide various services such as medical care and housing.
A ______ Cooperative is organized to provide various services such as medical care and housing.
A ______-Purpose Cooperative combines two or more types of cooperative business activities.
A ______-Purpose Cooperative combines two or more types of cooperative business activities.
An ______ Cooperative promotes cooperativism through education and training.
An ______ Cooperative promotes cooperativism through education and training.
An ______ Reform Cooperative is organized by marginal farmers to improve land management.
An ______ Reform Cooperative is organized by marginal farmers to improve land management.
A ______ Bank is organized primarily to provide financial services to cooperatives.
A ______ Bank is organized primarily to provide financial services to cooperatives.
A ______ Cooperative is organized to provide access to housing for its members.
A ______ Cooperative is organized to provide access to housing for its members.
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Study Notes
Types of Cooperatives
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Credit Cooperative: Offers savings and lending services, creating a pooled fund for financial assistance among members for productive and provident purposes.
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Consumer Cooperative: Procures and distributes goods to both members and non-members, focusing on consumer needs.
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Producers Cooperative: Engages in joint production activities, transforming raw materials from members into finished products for sale to members and the public.
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Marketing Cooperative: Supplies production inputs to members and markets their products, enhancing sales opportunities.
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Service Cooperative: Provides various services such as medical care, transportation, insurance, and communication to members.
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Multi-Purpose Cooperative: Combines two or more business activities from different cooperative types, offering diverse services.
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Advocacy Cooperative: Promotes cooperative principles and social projects, focusing on education, training, and community outreach.
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Agrarian Reform Cooperative: Formed by marginal farmers aiming to improve land tenure and management in agrarian reform areas.
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Cooperative Bank: Primarily provides various financial services specifically tailored for cooperatives and their members.
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Dairy Cooperative: Involves members in the production and marketing of milk and dairy products.
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Education Cooperative: Established to operate licensed educational institutions, contributing to educational services.
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Electric Cooperative: Focuses on renewable energy generation and manages power distribution to members.
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Financial Service Cooperative: Engages in savings, credit services, and general financial support for its members.
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Fishermen Cooperative: Organized by fishermen to market fresh or processed seafood products effectively.
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Health Services Cooperative: Provides comprehensive health services to its members, including medical and dental care.
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Housing Cooperative: Supports access to housing for members, operating as a co-owned property entity.
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Insurance Cooperative: Ensures life and property for cooperatives and their members, promoting risk management.
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Transport Cooperative: Offers transportation services, both land and sea, for small vessels as defined by maritime laws.
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Water Service Cooperative: Operates water systems to supply potable water to its members and their households.
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Workers Cooperative: Composed of self-employed individuals providing job opportunities and operating according to cooperative principles.
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Other Types of Cooperatives: Additional cooperative types can be defined by relevant authorities based on community needs.
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