Cooperative Group

A Cooperative Group is an organization owned and operated by its members, who share a common interest or goal. Members typically pool their resources, skills, or efforts to achieve advantages such as better prices, services, or working conditions that might be difficult individually. Unlike regular businesses, profits and benefits are shared among members, fostering a sense of community and mutual support. Examples include cooperative grocery stores, housing cooperatives, and agricultural cooperatives, where decision-making is often democratic, reflecting the collective interests of the members.