Co-operative Society

A co-operative society is a member-owned and democratically controlled organization that provides goods or services to its members. Each member invests capital and shares in the profits based on their participation, not their investment amount. This promotes equality and community involvement, as decisions are made collectively. Co-operatives can be found in various sectors, including agriculture, retail, and housing. They aim to meet the needs of their members while fostering economic and social growth within the community, emphasizing mutual aid and solidarity.