Co-Op Society

A Co-Op Society in Sulaibikhat, Kuwait

Co-Op Societies (Arabic: جمعية تعاونية jamʕīya taʕāwunīya), often shortened to Co-Op, refer to public organizations that are set up in each area of Kuwait and to provide services to its residents.[1] These services mainly manifest in setting up grocery and convenience stores in each area, but Co-Op societies also often include a variety of different stores, both operated by the Co-Op and rented to private entities. There are around 60 Co-Ops in operation today, making up around 60–70% of retail trade in Kuwait.[2]

The residents of each area elect the board of their Co-Op on a yearly basis. Citizens in each area can become contributing members with voting power and receive a percentage of their purchases back annually.[3] Some Co-Ops play a vital role in their community beside their commercial activity. For example, Co-Ops often provide support and/or donations to different local events and institutions such as schools.

  1. ^ "number of stores". Archived from the original on 2013-08-03. Retrieved 2013-08-03.
  2. ^ https://www.thenews.coop/172771/sector/retail/kuwait-co-ops-oppose-government-privatisation-plans/
  3. ^ https://e.gov.kw/sites/kgoenglish/Pages/Services/MOSAL/ConditionsForContributing-CooperativeSocieties.aspx