What is a Cooperative? Here’s A Simple Plain English Answer, Cooperative in a Nutshell

Kred.in
KredHQ
Published in
2 min readJul 22, 2019
7 principles of a Cooperative (infographic)

What is a Cooperative?

Cooperatives are people-centered enterprises jointly owned and democratically controlled by and for their members to realize their common socioeconomic needs and aspirations.

7 Principles of a Cooperative

Cooperatives around the world generally operate according to the same core principles and values, adopted by the International Co-operative Alliance in 1995. Cooperatives trace the roots of these principles to the first modern cooperative founded in Rochdale, England in 1844.

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Kred.in
KredHQ
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Kred enables digital financial inclusion through cooperative credit societies.