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Tuesday
Mar122019

Cooperative Principle #1: Voluntary and Open Membership

Hello PFC Peeps!
 
Did you know that, as a consumer cooperative, PFC is inherently designed to give our whole community access to ownership of a business, AND a say in the direction of that business? It's true! Let me tell you more....
 
As a consumer cooperative, one of several co-op models, PFC adheres to the International Cooperative Alliance's Seven Cooperative Principles developed to align and inspire the cooperative movement to live up to our promise for changing the world.
 
The first cooperative principle is: Voluntary and Open Membership 
 
Imagine a world in which communities had a say in what stores, banks, entertainment and amenities were on the corner of neighborhood blocks. Well at PFC, that future is now. Our community built this business from our start in 1970 in a basement on Davis Street, to our beautiful new home on Harrison today, to our operation of some of the best farmers markets our area has to offer: our community built that, together. 
 
And we built it by sharing the financial load in small increments across lots of folks.
 
At PFC, you don't have to be an owner to shop (voluntary), and anyone who wants to become an owner is welcome (open). Furthermore, we balance the capital needs of PFC with our goal to limit barriers by making the investment high enough to matter, so $250, and with options to invest a little bit at a time, $10 per month, or $50 per year. That investment is always yours, kept in your name, and used to make a difference in the ways that only PFC can.
 
If you're an owner, thank you! It matters, and is fundamental to cooperation. If you're not yet an owner, become one today!
 
We've been making a difference in Kalamazoo for 48 years, and can for 48 more with your commitment. Thank you for being part of PFC!
 
Until next week!
Chris