Success model cooperatives
What is special about cooperatives? Cooperatives were founded as long ago as the Middle Ages to improve the living conditions of the association with combined forces or to master large tasks together. The members of a cooperative participate according to their possibilities with a share. The sum of these parts makes it possible to achieve common goals that would be unthinkable for an individual. Often founded due to need, many cooperatives worldwide have developed successfully and beneficially for their members into large organisations. However different their goals may be, the basic principle is always the same: together we are strong!
Since then many people have come together into cooperatives for many different goals. However, all cooperatives follow one common, simple principle – promoting the interests of their members. This “supreme guiding maxim” is anchored in the German Cooperative Act and is thus the basis of every cooperative.
A convincing model: there are currently five times as many cooperative members in Germany as there are shareholders. The United Nations has also recognised the role of cooperatives for economic and social development and proclaimed 2012 to be the International Year of Cooperatives.