“To contribute to the social and economic development of the nation by facilitating the establishment and regulation of Co-operatives and Industrial & Provident Societies as viable business alternatives and Friendly Societies as effective social organizations and protecting the stakeholders’ interests”.
“To transformed the Department of Co-operatives and Friendly Societies to position Co-operative, Industry & Provident and Friendly Societies as a vibrant and viable sectors within Jamaica’s socioeconomic development by 2020.”
The Department is guided by a philosophy to understand and appreciate that its functions are concerned with the lives of people; the awareness of this fact is essential to the satisfactory performance of its duties in attaining the closest possible relationship with its clientele, in order to assist Societies to bring about the economical and social improvements desired. This philosophy coupled with the principles of co-operation and the Associated Practices adopted by the International Co-operative Alliance, with respect to the establishment and operation of Co-operative Societies, assist the Department in fulfilling its objectives.
The principles and practices listed below also influence Friendly Societies, which are essentially co-operative in nature.
Voluntary and Open Membership
Democratic Membership Control
Members Economic Participation
Autonomy and Independence
Education, Training and Information
Co-operation among Co-operatives
Concern for Community