A Cooperative is a company of joint ownership and democratic management formed by natural or legal persons who voluntarily come together to satisfy common needs and aspirations, whether of an economic, social or cultural nature.

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To establish a cooperative, a minimum of three partners are necessary who must carry out their activity in a cooperative manner.

Principles of the Cooperative company:

The Cooperative Company is based on principles established by the International Cooperative Alliance (ICA), among which stand out:

• Business democracy that defines its management.
• Economic participation of partners.
• Interest in providing training and information to partners.
• The objective of improving the economic and social situation, both of partners and the company’s community environment.
• Company ownership belongs to all members, which implies that all partners govern and have the same rights and obligations.
• Decisions are made democratically with one vote per member.

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