Rural cooperative

A rural cooperative is an organization formed by people in a specific community, usually in agricultural areas, to work together and improve their economic situation. Members pool their resources to access services, such as buying supplies or selling products, at better prices. They share the profits and decision-making responsibilities, promoting collaboration and mutual support. These cooperatives can include farms, credit unions, and other local enterprises, helping strengthen the community's economy while fostering a sense of unity and shared purpose among members.