REGISTERED NO.MSCS/CR-14/91

THE SIMPSON CO-OPERATIVE

What is a co-operative?

A co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.

Ranging from small-scale to multi-million dollar businesses across the globe, co-operatives employ more than 100 million women and men and have more than 800 million individual members.


What is the co-operative difference?

Co-operatives are enterprises that put people at the centre of their business and not capital. Co-operatives are business enterprises and thus can be defined in terms of three basic interests: ownership, control, and beneficiary. Only in the co-operative enterprise are all three interests vested directly in the hands of the user.

Co-operatives put people at the heart of all their business. They follow a broader set of values than those associated purely with making a profit. Because co-operatives are owned and democratically-controlled by their members (individuals or groups and even capital enterprises) the decisions taken by co-operatives balance the need for profitability with the needs of their members and the wider interests of the community.

Co-operatives are also enterprises that follow a set of principles and values - The Co-operative Principles. The Co-operative Identity Statement elaborated in 1995 by the ICA is the internationally recognized definition of the co-operatives, its values, and principles

About Us

The Simpson & Group Companies Employees Co-operative Society is basically a credit organization. This Co-operative movement traced back its origin in 22.12.1951 and the date of functioning from 26.01.1952 and this Co-operative Society was organized by the Read More...

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  • No.1, Desi Colony, Perambur High Road, Chennai - 600012.
  • 044 - 43556268 | 2662 4778
  • raj.simpson1983@gmail.com
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