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Co-operative business: a recipe for resilience in turbulent times
Key Excerpts from Article on Website of Positive.News
Posted: July 7th, 2025
https://www.positive.news/society/co-operative-business-a-re...
No toilets, expensive food of dubious quality, crowded housing. This was the reality for many in 1840s Britain. Something had to change. And the Rochdale Pioneers knew it. The group of 28 artisans and cotton weavers ... wanted to start a co-operative society in order to provide their community with affordable and unadulterated food. Their small grocery shop started by selling only flour, sugar, oatmeal and butter and opened just before Christmas 1844. Any profit was shared among member-owners. With this, the co-operative movement took root. Today, these businesses employ some 280 million people around the world – 10% of the employed population. Approximately 3m co-ops with an astonishing 1.2bn members, more than an eighth of the world’s population, exist internationally. Shared Interest is a UK-based social lender that supports farmers and handcraft producers in 47 countries around the world. From sphagnum moss farmers in Peru to coffee farmers in Rwanda, the organisation provides finance for smallholder communities that collectively provide around a third of the world’s food but are often stuck in cycles of poverty. Uganda-based coffee producer Bukonzo Organic Farmers Cooperative Union (BOCU), which Shared Interest has supported since 2014 ... negotiates prices, undertakes marketing and manages export on behalf of 13 smaller primary co-ops. Having this tiered system is crucial for small-scale farmers who don’t speak English.
Note: Explore more positive stories like this on reimagining the economy.
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