Co-operative Association, Co-operative Capital, Multi-State Credit Cooperative, Cooperative Society

CO OPERATIVE PRINCIPLES
WEBSOFTEX SOFTWARE
SOLUTIONS

CO OPERATIVE PRINCIPLES
CO OPEERATI VE SOCI TI ES ARE 11M AJOR PRI NCI PLES:
1. Voluntary Membership
2. Equal Rights
3. Democracy
4. Honesty
5. Mutual Confidence
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CO OPERATIVE PRINCIPLES
CO OPEERATI VE SOCI TI ES ARE 11M AJOR PRI NCI PLES:
6. Welfare Main Objective
7. Money Payment
8. Economy
9. Distribution of Profit
10. Self Service
11. Spirit of affection and Cooperation

CO OPERATIVE PRINCIPLES
CO OPEERATI VE SOCI TI ES ARE 11M AJOR PRI NCI PLES:
1. Voluntary Membership:
Any person will become the member of the society and
may leave it any time.
2. Equal Rights:
Each member of the society has associate equal right to
vote and possession. Every stockholder has one vote.
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CO OPERATIVE PRINCIPLES
CO OPEERATI VE SOCI TI ES ARE 11M AJOR PRI NCI PLES:
3. Democracy
The principle of democracy is adopted whereas creating
the choices. the choice of the bulk is honored.
4. Honesty
It is the fundamental principle of this society. Its
members ought to be honest. Self-seeking individuals
cannot run the business of cooperative society.

CO OPERATIVE PRINCIPLES
CO-OPEERATI VE SOCI TI ES ARE 11M AJOR PRI NCI PLES:
5. Mutual Confidence
Cooperative society foundation it's set down on mutual
confidence. Members of the society ought to trust one
another and work sort of a team.
6. Welfare Main Objective
Its main objective is to supply merchandise and services
to its members at cheaper price.
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CO OPERATIVE PRINCIPLES
CO OPEERATI VE SOCI TI ES ARE 11M AJOR PRI NCI PLES:
7. Money Payment:
Credit team is prohibited and merchandise square
measure equipped to its members on money payment.
8. Economy:
The member of the society ought to touch the principle
of economy. they ought to not misuse capital of the
society and continuously confine read best interest of
the society.

CO OPERATIVE PRINCIPLES
CO OPEERATI VE SOCI TI ES ARE 11M AJOR PRI NCI PLES:
9. Distribution of Profit:
The profit is often distributed among the members
according the cooperative act. One fourth (1/4) of
the profit are often unbroken in reserve. Then
(10%) of the profit are often used for providing
facilities to the members.
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CO OPERATIVE PRINCIPLES
CO OPEERATI VE SOCI TI ES ARE 11M AJOR PRI NCI PLES:
10. Self Service:
All the business activities square measure conducted by
the members themselves. All square measure the owner
and every one square measure the shoppers. Thus self
service rule is used within the organization.
11. Spirit of affection and Cooperation:
There ought to be spirit of affection, sacrifice and
cooperation among the members to attain the
objectives.

CO OPERATIVE SOFTWARE
WEBSOFTEX CO OPERATI VE SOFTWARE:
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CO OPERATIVE SOFTWARE
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