Types of cooperatives Flashcards
Is one that promotes and undertakes SAVING AND LENDING SERVICES among its members
Credit Cooperative
Is one the primary purpose of which is to PROCURE AND DISTRIBUTE commodities to members and non-members.
Consumer’s Cooperative
Is one that undertakes a JOINT PRODUCTION whether agricultural or industrial
Producer’s 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 in its operations.
Multipurpose Cooperative
primary cooperative which PROMOTES and ADVOCATES COOPERATIVISM among its members and the public through socially-oriented projects,
Advocacy Cooperative
organized by MARGINAL FARMERS majority of which are AGRARIAN REFORM beneficiaries for the purpose of developing an appropriate system of land tenure
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
engaged in the production of FRESH MILK which may be processed and/or -marketed as DAIRY PRODUCTS.
Dairy Cooperative
is one organized for the primary purpose of owning and operating LICENSED EDUCATIONAL INSTITUTION, notwithstanding the provisions of Republic Act No. 9155
Education Cooperative
undertaking POWER GENERATION, utilizing renewable energy sources, including hybrid systems, acquisition and operation of sub-transmission
Electric Cooperative
engaging in SAVING AND CREDIT services and other FINANCIAL SERVICES.
Financial Service Cooperative
marginalized FISHERMEN IN LOCALITIES whose products are marketed either as fresh or processed products.
Fishermen Cooperative
providing medical, dental and other HEALTH SERVICES.
Health Services Cooperative