The co-operative principles are guidelines by which co-operatives put their values into practice.
1. Voluntary and Open Membership
Co-operatives are open to all persons.
2. Democratic Member Control
Co-operatives are democratic organizations controlled by their members, with equal voting rights (one member, one vote).
3. Member Economic Participation
Members control the capital of their co-operative through their vote of the Board of Directors.
4. Autonomy and Independence
Co-operatives are controlled by their members. If they enter into agreements with other organizations they do so on terms that ensure democratic control by their members and maintain their co-operative autonomy.
5. Education, Training and Information
Co-operatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their co-operatives.
6. Co-operation among Co-operatives
Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures.
7. Concern for Community
Co-operatives work for the sustainable development of their communities through policies accepted by their members.