Government of Trinidad and Tobagogov.tt

Co-operative Development Division

All for Service!

co-operatives-iconAre you meeting the needs and business interests of your community through a jointly owned and democratically controlled organization? Is your group voluntary in nature? Can you be found within local communities? Then you have formed a business known as a co-operative society.

Co-operatives are jointly owned and democratically controlled business enterprises voluntarily united to meet common economic, cultural and social needs of communities. Globally, co-operatives are viewed as vehicles of socioeconomic and national development. In Trinidad and Tobago, there are 295 active societies with an approximate membership of over 564,000 citizens with an estimated asset base of over TT$11 billion

 

Members of these co-operatives, through their financial contributions and voluntary service, gain access to benefits such as:

  • Ownership in the Business
  • Competitive Prices
  • Patronage Refund
  • Loans
  • Dividends
  • Membership Rights
  • Education and Training
  • Member/Consumer Information (how to spend wisely)
  • Social & Cultural Activities
  • Attractive Shops/Displays
  • Good Service
  • Service to others
  • Youth and Women Empowerment

Co-operatives in Trinidad and Tobago are regulated and supervised by the Co-operative Development Division (CDD) under the legislative requirements of the Co-operative Societies Act, Chapter 81:03 of the Laws of Trinidad and Tobago. The mandate of the Co-operative Development Division (CDD) includes promoting Co-operatives as viable business enterprises and ensuring safety, soundness, professionalism and fair-play for all.  With the vision of being “the leading authority for the development of Co-operatives into sustainable and viable business enterprises at the national level,” the CDD strives to “create an enabling environment in which Co-operatives could contribute towards the socio-economic development of the lives of its members.”

Co-operatives are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.

The values are at the core of their principles, which include:

  • Voluntary and Open Membership
  • Democratic Member Control
  • Member Economic Participation
  • Autonomy and Independence
  • Training and Information
  • Co-operation among Co-operatives
  • Concern for Community

 

Contact Information:


Head Office
Anva Plaza
16-20 Eastern Main Road
Tunapuna
Telephone/Fax: 663-2352

County St Andrew/St.David
Brierly Street
Sangre Grande
Telephone/Fax: 668-2643

County Victoria/County Nariva Mayaro
Level 4, WASA Building
40-42 St. James Street
San Fernando
Telephone: 652-3738
Fax: 652-3181

County St. Patrick
Siparia Administrative Complex
S.S. Erin Road
Siparia
Telephone: 649-2481
Fax: 649-0982


County Caroni
Corner John and Lange Streets
Chaguanas
Telephone: 671-1917
Fax: 665-8869

County St George
Level 2, Anva Plaza
16-20 Eastern Main Road
Tunapuna
Telephone: 645-6543/662-1086

Tobago
Victor E. Bruce Financial Complex
2nd Floor, 14-16 Wilson Road
Scarborough
Telephone: 660-7236 Exts 3300-3306
Fax: 635-2213