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About Jemo Cooperative

Established in 1993 E.C., serving our members through collective effort and shared cooperative values.

Cooperative Profile

Jemo cooperative is an autonomous association having legal personality and democratically controlled by persons united voluntarily to meet their economic, social and cultural needs and aspirations, which could not be addressed individually through an enterprise jointly owned and operated on the basis of cooperative principles.

Autonomous Association
Established Year
1993 E.C.

Jemo Multi-Purpose Consumer Cooperative Society was established in 1993 E.C. by individuals having similar interests and objectives to provide services and goods to its members.

Founded on shared interests and goals.

Capital & Financial Growth

1993 E.C.

Startup Capital

46,746.00 ETB

In 1993 E.C., 209 founding members contributed a startup capital of 46,746.00 ETB.

Active

Total Members

740+ Members

Today, the cooperative has 740+ active members.

Real Estate

Shopping Center

7,305 m²

The cooperative owns a shopping center with a total area of 7,305 square meters.

Social Development

Pre-Primary & Primary School

4,634 m²

The cooperative owns a pre-primary and primary school with a total area of 4,634 square meters.

Vision Statement

To be a leading Cooperative society that delivers excellent products and services, satisfies its members, and serves as a model among peer cooperatives.

Mission

The mission of the cooperative is to supply quality goods and services to its members at fair and affordable prices, improve their economic well-being, and strengthen member-led cooperative development through collective participation and cooperation.

Objectives

Collective Action

Collectively overcome, withstand and solve economic and social problems which members cannot individually achieve.

Coordinated Resources

Achieve better results by coordinating members' knowledge, resources, and labor.

Cost Mitigation

Reduce service costs and offer staples to members at lower costs, finding better market prices.

Saving & Self-Reliance

Develop and promote a saving culture and mutual self-reliance between members.

Capacity & Education

Develop the social and economic capacity of members through training and cooperative education.

Organization Structure

Governance hierarchy of the cooperative

General Assembly

Supreme Governing Body

Board of Directors

Governance

Control Committee

Oversight & Audit

General Manager

Operations Head

Finance and Procurement Department

Purchasing and Sales/Marketing Department

Human Resources Administration and General Services Department

Core Values

Self-help
Promoting democratic culture
Equality
Fairness (equity)
Brotherhood (fraternity)
Solidarity
Mutual Support

Member's Ethical Values

Honesty
Openness
Social responsibility
Caring for others
Accountability
Participation