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A period of major industrialization and innovation during the late 1700s and early 1800s
COOPERATIVE MOVEMENT
First documented consumer cooperative in Fenwick, East Ayrshire (Fenwicks Weavers’ Society)
First modern Cooperative - 28 weavers of Rochdale started the ‘Rochdale Society’ in London
Robert Owen (1771 - 1858)
First Credit Union in Germany
Friedrich Wilhelm Raiffeisen
(1818 - 1888)
Father Jacques Mellaerts (catholic priest) decided to organize the farmers in his village Heist-Goor in Belgium called "Farmer's Guild"
He noticed that his farmer parishioners were:
BAYANIHAN
Early Stages (1896 - 1941)
Dr. Jose P. Rizal (1861 - 1896) organized a farmer's marketing cooperative while in excile in Dapitan.
While in Excile in Dapitan, Rizal had his ideas in cooperation partially fulfilled.
One noteworthy group organized by Rizal was the La Sociedad de los Abacaleros (Society of Abaca Producers). This functioned for only one year. Rizal returned the members share capital without any loss.
Sen. Teodoro Sandico (1860 - 1939)
"Father of Cooperation"of the Philippines
During the American Regime, Sen. Teodoro Sandico and Rafael Corpus filed the Rural Credit Law and was approved by the American Commission
Republic Act 2508 or the Rural Credit Law, the “Act Regulating the Creation and Operation of Rural Agricultural Cooperatives Association, and for Other Purposes”
The first consumers' cooperative established in the Philippines is the College Consumers' Cooperative. It was organized on 20 October 1916 by administrators, professors, employees, and campus residents of the University of the Philippines College of Agriculture in Los Baños, Laguna. It was initially named the Agricultural Cooperative Company and started with a paid-up capital of P4,000.