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It was established under Republic Act No. 6939 also known as the Cooperative Development Authority Act, as mandated by Republic Act No. 6939, the Cooperative Code of the Philippines. Republic Act No. 6939 was repealed and was replaced by Republic Act No. 9520, otherwise known as the "Philippine Cooperative Code of 2008."
The National Confederation of Cooperatives (NATCCO) was organized by credit union pioneers in the Philippines who believed that the task of co-op development lies primarily in the hands of the private sector. As early as the 1950s to 70s, co-op sector leaders were aware that in order to succeed they could not rely on government alone.
The first known consumer co-op in 1845 was Boston's Workingman's Protective Union. The country's first organization to promote cooperative values and the Rochdale Principles was the Order of the Patrons of Husbandry, known as the Grange that started after the Civil War. The co-operative movement grew during the 1890s in response to the ...
Cooperatives inclusive of cooperative movements and organizations; Electric cooperatives registered with the Cooperative Development Authority; Implementation or amendment of the Cooperative Code of the Philippines; Urban and rural-based credit, consumer, producers, marketing, service and multi-purpose cooperatives
Tagum Cooperative is one of the largest cooperatives in Mindanao, Philippines as it is classified by the Cooperative Development Authority (CDA) of the Philippines as a large cooperative. It is composed of over 117, 000 members as of June 2015 coming from Tagum City, Davao del Norte and towns and cities throughout Region XI and in CARAGA region.
Usually, growing the business is not the main goal of a cooperative (the main goal is to redistribute profit among its members), but sometimes it is necessary to reinvest a part of the profits in the form of new capital, which will allow the cooperative to expand its operations and increase profit in the future.
Cooperatives, both urban- and rural-based, including but not limited to farm credit and farm security, cooperative movements, and marketing and consumers' organizations; Implementation of Republic Act No. 9520 or the Cooperative Code of the Philippines
A second common form of co-operative federation is a co-operative union, whose objective (according to Gide) is “to develop the spirit of solidarity among societies and... in a word, to exercise the functions of a government whose authority, it is needless to say, is purely moral.” [2] Co-operatives UK and the International Co-operative Alliance are examples of such arrangements.