Cooperative

Question 1

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;

Answer 1

Credit Cooperative

Question 2

primary purpose of which is to procure and distribute commodities to members and non-members;

Answer 2

Consumers Cooperative

Question 3

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.

Answer 3

Producers Cooperative

Question 4

engages in the supply of production inputs to members

and markets their products;

Answer 4

Marketing Cooperative

Question 5

engages in medical and dental care, hospitalization,
transportation, insurance, housing, labor, electric light and power, communication,
professional and other services;

Answer 5

Service Cooperative

Question 6

combines two (2) or more of the business activities of 
     these different types of cooperatives;

Answer 6

Multipurpose Cooperative

Question 7

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;

Answer 7

Advocacy Cooperative

Question 8

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;

Answer 8

Agrarian Reform Cooperative

Question 9

one organized for the primary purpose of providing a wide range of
financial services to cooperatives and their members;

Answer 9

Cooperative Bank

Question 10

members are engaged in the production of fresh milk

which may be processed and/or marketed as dairy products

Answer 10

Dairy Cooperative

Question 11

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;

Answer 11

Education Cooperative

Question 12

one organized for the primary purpose of undertaking power
generations, utilizing renewable energy sources, including hybrid systems, acquisition and
operation of sub-transmission or distribution to its household members;

Answer 12

Electric Cooperative

Question 13

organized for the primary purpose of engaging in
savings and credit services and other financial services

Answer 13

Financial Service Cooperative

Question 14

organized by marginalized fishermen in localities whose

products are marketed either as fresh or processed products;

Answer 14

Fishermen Cooperative

Question 15

organized for the primary purpose of providing

medical, dental and other health service

Answer 15

Health Services Cooperative

Question 16

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

Answer 16

Housing Cooperative

Question 17

one engaged in the business of insuring life and poverty of
cooperatives and their members

Answer 17

Insurance Cooperative

Question 18

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;

Answer 18

Transport Cooperative

Question 19

organized to own, operate and manage waters systems

for the provision and distribution of potable water for its members and their households

Answer 19

Water Service Cooperative

Question 20

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; and

Answer 20

Workers Cooperative