Basic Principles of a Cooperative

The basic principles of a cooperative, to which we subscribe, are:

1. Voluntary Membership
   • Cooperatives are voluntary organizations open to persons willing to accept the responsibilities of membership. The relationship can be voluntarily ended at any time.
2. Democratic Member Control
   • Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. Members have equal voting rights (one member, one vote).
3. Member Economic Participation
   • Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative.
4. Autonomy and Independence
   • Cooperatives are autonomous, self-help organizations controlled by their members.
5. Education, Training, and Information
   • Cooperatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their cooperative.
6. Cooperation among Cooperatives
   • Cooperatives often work together through local, national, regional, and international entities.
7. Concern for Community
   • While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their memberships.

Learn More:

Facts about Cooperatives

Five Types of Cooperatives

If you want to know more about what being a cooperative means to us – and to you – explore our website and contact the IWDC