COMMITTEE ON COOPERATIVE

The Committee on Cooperative is responsible for promoting the development and sustainability of cooperatives, fostering community-driven economic growth, and ensuring that cooperative principles are upheld in every aspect of their operation. Its primary role is to support the establishment, management, and growth of cooperatives across various sectors, ensuring that these organizations operate effectively, efficiently, and in the best interest of their members.

A key focus of the Committee is to advocate for policies that promote the establishment and expansion of cooperatives, particularly in sectors such as agriculture, finance, housing, and consumer goods. The Committee works to create an enabling environment for cooperatives to flourish, offering support through legislation, training, and capacity-building programs. It ensures that cooperatives are able to access the resources, tools, and expertise needed to thrive, particularly for smaller or rural cooperatives that may face challenges in reaching broader markets.

The Committee also plays an essential role in ensuring that cooperatives are governed in accordance with cooperative principles, including democratic decision-making, member participation, and transparency. It provides oversight to ensure that cooperative management is accountable, members have a voice in decision-making processes, and profits are distributed fairly among members. By upholding these principles, the Committee helps to ensure that cooperatives remain true to their mission of serving the collective needs of their communities.

In addition, the Committee is committed to promoting financial literacy and business acumen among cooperative members. It supports programs and workshops aimed at enhancing the capacity of cooperative leaders and members to manage their organizations effectively, make informed financial decisions, and implement sustainable business practices. The Committee also works to raise awareness of the benefits of cooperatives, helping communities understand how cooperative models can drive economic empowerment and improve livelihoods.

The Committee on Cooperative also plays a key role in connecting cooperatives with government programs, funding opportunities, and partnerships with private and non-profit organizations. It advocates for fair access to capital and markets, and works to remove barriers that prevent cooperatives from reaching their full potential. By supporting these connections, the Committee ensures that cooperatives have the resources they need to grow and continue to provide valuable services to their members.

Through its efforts, the Committee on Cooperative strives to create a strong and vibrant cooperative sector that contributes to sustainable economic development, promotes social equity, and fosters community solidarity. By empowering cooperatives to thrive, the Committee helps build a more resilient and inclusive economy, where people work together to meet their shared needs and aspirations.