1st Principle:
Voluntary and open membership
Cooperatives are voluntary organizations, open to all persons able to use their services and
willing to accept the responsibilities of
membership, without gender, social, racial, political, or
religious discrimination.
2nd
Principle: Democratic member control
Cooperatives are democratic organizations controlled by their
members, who actively participate in setting their policies and
making decisions. Men and women serving as elected representatives
are accountable to the membership. In primary cooperatives, members
have equal voting rights (one member, one vote) and cooperatives at
other levels are organized in a democratic manner.
3rd
Principle: Member economic participation
Members contribute equitably to and democratically control the
capital of their cooperative. At least part of that capital is
usually the common property of the cooperative. They usually receive
limited compensation, if any, on capital subscribed as a condition
of membership. Members allocate surpluses for any or all of the
following purposes: developing the cooperative, possibly by setting
up reserves, part of which at least would be indivisible; benefiting
members in proportion to their transactions with the cooperative;
and supporting other activities approved by the membership.
4th
Principle: Autonomy and independence
Cooperatives are autonomous, self-help organizations controlled by
their members. If they enter into agreements with other
organizations, including governments, or raise capital from external
sources, they do so on terms that ensure democratic control by their
members and maintain their cooperative autonomy.
5th
Principle: Education, training, and information
Cooperatives provide education and training for their members,
elected representatives, managers, and employees so they can
contribute effectively to the development of their cooperatives.
They inform the general public, particularly young people and
opinion leaders, about the nature and benefits of cooperation.
6th
Principle: Cooperation among cooperatives
Cooperatives serve their members most effectively and strengthen the
cooperative movement by working together through local, national,
regional, and international structures.
7th
Principle: Concern for community
While focusing on member needs, cooperatives work for the
sustainable development of their communities through policies
accepted by members.
Six principles have guided
cooperatives for the past 30 years. The number of principles
increased to seven as the result of a vote taken by the General
Assembly of the International Cooperative Alliance in Manchester,
England, on Sept. 23, 1995. The goal of the new principle is to
better reflect the needs of cooperative members in today's society.