Ethical Value Of Cooperative Values In International Cooperative Movements

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Cooperative values refer to the value of self-help, self responsibility, democracy, equality, equity, solidarity and economy. In the early practice of the Rockdale, Cooperative members believe in the ethical value of honesty, openness, social responsibility, and carrying for others (ICA, 1996) . 2.1.2.2. Principles of Cooperatives Cooperatives have their own features that make them unique from other business organization. As a result of this, the International Cooperative Alliance adopted seven fundamental cooperative principles to guide the activities of international cooperative movements (VEA, 2017). The principles are also enshrined in the cooperative society’s proclamation No.147/1998 of the FDRE. These include the following;- 1. Voluntary …show more content…

Debbo is related to the agricultural activity and there are seasons such as ploughing, weeding, sowing and harvesting where Debbo is organized. Debbo enhances economics of scale, social solidarity besides the widowed; the old aged people may be helped without any contribution. Iddir is an association made up by a group of persons united by ties of family and friendship, by living in the same district by jobs or by belonging to the same ethnic group. Iddir has an object of providing mutual aid and financial assistance in certain circumstances (Deejene, 1993). Iddir is focuses on the funeral celebration as the consequence of death in the provision of utensils and tents. Nowadays, the activity of Idder is not only concerned in the consequences of dead but also when the members of Idder are in life. Ekkub is a voluntary association in which one contributes regularly a defined amount of money to the pool and draws of one time all that he/she has deposited or tends to do so (Deejene, 1993). It is a form of an informal organization where people organized for the purpose of savings and lending

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