Barbaza Multi-Purpose Cooperative is an affiliate of the Antique Federation of Cooperatives (AFCCUI) , Visayas Cooperative Development Center (VICTO) and National Confederation of Cooperatives (NATCCO). It adheres to the cooperative values based on the values of self-help, self-responsibility, democracy, equity and solidarity. the members believe in the ethical values of honesty, openness, social responsibility and caring for others.
Barbaza Multi-Purpose Cooperative has adopted as general guidelines for its actions the following cooperative principles as defined by the International Cooperative Alliance (ICA):
1. Voluntary and Open Membership
Barbaza Multi-Purpose Cooperative is a voluntary organization, open to all persons able to use the services and willing to accept the responsibility of membership without gender, social, racial, political or religious discrimination.
2. Democratic Member Control
Barbaza Multi-Purpose Cooperative is democratic organization controlled by the members who actively participate in setting policies and making decisions. Men and women serving as elected representative are accountable to the membership. Members have equal voting rights (one member, one vote).
3. Member Economic Participation
Members contribute equitably to, and democratically control, the capital of the cooperative. At least part of that capital is usually the common property of the cooperative. Members received limited compensation, if any, on capital subscribed as a condition of membership.
4. Autonomy and Independence
Barbaza Multi-Purpose Cooperative is an autonomous, self-help organization controlled by the members. If entering into agreements with other organizations including governments, or raise capital from external sources, do so on terms that ensure democratic control by their members and maintain its cooperative autonomy.
5. Education, Training and Information
BMPC provides education and training for the members, elected representatives, managers, and employees, so they can contribute effectively to the development of the cooperative. They inform the general public-particularly young people and also leaders-about the nature and benefits of cooperation.
6. Cooperation among Cooperatives
BMPC serves the members most effectively and strengthens the cooperative movement by working together through local, regional, national and international structures.
7. Concerns for the Community
BMPC is working for sustainable development of the communities through policies approved by the members.
