Cooperatives
Turkey
Cooperatives
Sector Introduction
Cooperatives
Cooperatives are the name given to the fact that collective assistance, colloquially called the imece procedure, is officially carried out according to a certain rule of law and order. The word comes from the French word coopérative as its origin. Currently, the main goals of cooperatives are economic organizations created to ensure that the needs of individuals who do not have sufficient economic power are met through mutual assistance and to protect the interests of cooperative partners. In order to establish a cooperative, an agreement must be signed by at least 7 partners. Cooperatives give individuals the feeling of owning their own business.