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Consumers' Co-operative Society

A Consumers' Co-operative Society is a member-owned organization that operates retail stores or service providers to serve the needs of its members. Members, who are also consumers, pool their resources to purchase goods and services collectively, often gaining better prices and quality than individual buyers. Profits made are either reinvested into the society to improve services or distributed among members based on their purchases. The primary goal is to benefit members through affordable access to essentials, fostering a sense of community and shared responsibility. Such societies promote democratic control, with members having a say in decision-making.