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Co Operatives Types and
Objectives
By Websoftex Co Operative Software Solutions

Types of Co Operatives
There are 7 Types of Co Operatives:
1) Producer Cooperative Societies
2)Consumer Cooperative Societies
3) Marketing Cooperative Societies
4) Insurance Cooperative Societies

Types of Co Operatives
There are 7 Types of Co Operatives:
4) Insurance Cooperative Societies
5) Housing Cooperative societies
6) Cooperative Farming Societies
7) Credit Cooperative Societies

Types of Co Operatives
There are 7 Types of Co Operatives:
1) Producer Cooperative Societies:
This square measure shaped to eliminate
the middlemen and capitalist teams from
the economic production. Its main
purpose is to provide merchandise for the
necessities of its members.

Types of Co Operatives
Objectives:
(a)To buy the raw materials and alternative
factors at the most economical costs.
(b) To provide the products at the foremost
economical level.
(c)To supervise the assembly most with
efficiency and effectively.

Types of Co Operatives
Objectives:
(d) To lose the excess production to non
members at most costs.
(e) To eliminate the middlemen and capitalists.
(f) To get rid of the worker's grievances in
respect of operating conditions, wages etc.

Types of Co Operatives
2) Consumer Cooperative Societies :
• The society is that the voluntary association
of standard individuals shaped with the item
of getting daily needs of the members.
• It directly purchases the products at giant
scale from the producer or wholesalers at
whole sale worth.

Types of Co Operatives
Objectives:
1. To eliminate the retailers, capitalists
and wholesalers.
2. To market the welfare of the members.
3. To produce the daily requirements of
life to its members at value.
4. To extend the buying power associate
normal of living of the members of the
society.

Types of Co Operatives
2) Marketing Cooperative Society :
• It is the voluntary association of producers
shaped for the article of transcription the
disposal of their output.
• It pools along the output of the individual
members and arranges to provide the
merchandise at highest potential worth.

Types of Co Operatives
Objectives:
1. To eliminate the middlemen UN agency ar
liable of the high value of selling.
2. to pool along the output of the individual
members.
3. to grade and method of the pooling
merchandise of the members.
4. To lose the merchandise at the most worth.

Types of Co Operatives
Objectives:
5. To regulate provide to demand
6. To supply storage facilities to its
members.
7. To acquire the data regarding
marketplace for the member's product.
8. To supply the money facilities to its
members.

Types of Co Operatives
4) Insurance Cooperative Society
• This type of cooperative society is created
for the objects of providing insurance
facilities to its members.
• It makes the contract with sound insurer on
collective terms and conditions and so pay
lower premium rate to insurer as compared
with standard policy holders.

Types of Co Operatives
Objectives:
1. To supply insurance facilities to its
members.
2. To charge the low rate of premium.
3. To market the welfare of the
members.
4. To encourage the habit of thrift and
investment.

Types of Co Operatives
4) Housing Cooperative society
• It is Associate in nursing association of
middle and low financial gain teams of
individuals.
• Typically it's shaped in urban areas. the
most purpose of this way of society is to
guard its members against exploitation by
landlords.

Types of Co Operatives
4) Housing Cooperative society
• The liability of the member is restricted to
his capital contributed. it's conjointly
referred to as "Building Society" and will
be divided into 3 sorts i.e.
(1) Housing savings and loan association
(2) Land Society
(3) Finance Society

Types of Co Operatives
Objectives:
1. To receive deposits from its members.
2. To form loans to its members for the
development of house at low rate of
interest.
3. To render technical services for its
members.
4. To buy building materials at economical
rate.

Types of Co Operatives
4) Cooperative Farming Society:
• This form of Society is made with the article of
getting the advantages of enormous scale
farming and increasing agricultural product.
• Its members typically relate to the formers
together with those owing land. The
cooperative forming area unit of the
subsequent types:

Types of Co Operatives
• Its members typically relate to the formers
together with those owing land. The
cooperative forming area unit of the
subsequent types:
1. Cooperative collective farming Society.
2. Cooperative joint farming society.
3. Cooperative higher farming society.
4. Cooperative tenant farming society.

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