What are the benefits of cooperative to it's members?
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Feb 23
1. Shared resources: Members of a cooperative can pool their resources together to access goods or services that they may not be able to afford individually.
2. Democratic control: Members have a say in the decision-making process of the cooperative, allowing them to have a voice in how the organization is run.
3. Financial benefits: Members may receive dividends or patronage refunds based on their level of participation in the cooperative, providing them with a financial return on their investment.
4. Access to markets: Cooperatives can help members access markets that they may not be able to reach on their own, allowing them to sell their products or services to a wider audience.
5. Education and training: Cooperatives often provide educational and training opportunities for their members, helping them to improve their skills and knowledge in their respective fields.
6. Social benefits: Cooperatives can help build a sense of community among their members, fostering relationships and connections that can be beneficial both personally and professionally.