COOPERATIVE Flashcards
(49 cards)
-it generates a common pool of funds in order to provide financial assistance to its members.
-is one that promotes and undertakes savings and lending services among its members.
Credit Cooperative
- to procure and distribute commodities to members and non-members;
Consumer Cooperative
- is 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
Producers 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 etc.
Service Cooperative
-is one which combines two (2) or more of the business activities.
Multipurpose Cooperative
- is a primary cooperative which promotes and advocates cooperativism among its members - cooperative that provides socially-oriented projects to its beneficiaries
Advocacy Cooperative
-in charge of land tenure, land development, land consolidation or land management.
Agrarian Reform Cooperative
organized for providing a wide range of financial services to cooperatives and their members;
Cooperative Bank
- members are engaged in the production of fresh milk which may be processed and/or marketed.
Dairy Cooperative
is one organized for the primary purpose of owning and operating licensed educational institutions.
Education Cooperative
is one organized for the primary purpose of operation or distribution of energy to its household members;
Electric Cooperative
-for the primary purpose of engaging in savings and credit services.
Financial Service Cooperative
is one organized by marginalized fishermen in localities.
Fishermen Cooperative
is one organized for the primary purpose of providing medical, dental and other health service
Health Services Cooperative
is one organized to assist or provide access to housing for the benefit of its regular members.
Housing Cooperative
is one engaged in the business of insuring life and poverty of cooperatives and their members
Insurance Cooperative
is one which includes land and sea transportation, limited to small vessels.
Transport Cooperative
is one organized for the provision and distribution of potable water for its members and their households
Water Service Cooperative
its principal purpose is to provide employment and business opportunities to its members. -organized by workers, including the self-employed.
Workers Cooperative
cooperatives, which are parties to the merger/consolidation.
Constituent Cooperative
- cooperative which survives and continue the business of the combined cooperative in case of merger.
Surviving Cooperative
- new cooperative created after the termination of the old cooperative in case of consolidation
consolidated cooperative
-any person natural or juridical, who or which shall be adversely affected in case of merger or consolidation
Third Party
