A cooperative is a voluntary association of individuals with variable capital and a variable number of members who, through mutual assistance and cooperation, carry out activities to satisfy their economic, social, and cultural interests. It is established by numerous economic participants with the aim of successfully competing with large-scale capital.

The Cooperative operates as a legal entity and functions on the principles of mutual assistance, democratic governance, and distribution of profits according to the participation of its members.

Legal entity – it is registered in the Commercial Register and has its own independent legal personality.

Voluntary participation – members join of their own free will and may leave the Cooperative.

Equality – each member has one vote at the General Assembly, regardless of the size of their share contribution.

Objectives – the Cooperative has clearly defined objectives around which its members unite.

Profit – where a profit is generated, it is distributed among the members in proportion to the size of their share participation.

Cooperatives operate on the basis of the Cooperatives Act, which defines the conditions governing their establishment, management, membership, liability, and termination.

General Assembly – the supreme governing body, which makes all major decisions concerning the activities of the Cooperative.

Management Board – responsible for the operational management of the Cooperative's activities.

Supervisory Board – oversees compliance with the law and the Articles of Association of the Cooperative.

The idea behind the “ZASHTITNITSITE” Cooperative is to create a functioning mechanism for countering repression, enabling the effective unification of large numbers of ordinary people through the principles of equality, fairness, solidarity, and responsibility!

To support the revitalization of economic activities in the village of Neofit Rilski and restore the opportunity to pursue the business ventures in the area around the Historical Park that have been subjected to repression!

To acquire and complete a specific house in the village of Neofit Rilski and put it into operation!

Nature – the amount contributed by a member to acquire share capital in the cooperative.

Purpose – serves to form the core capital of the cooperative and to execute the activities carried out by the cooperative.

Characteristics – the share contribution is refundable upon departure—the member has the right to receive back the value of their share in accordance with the rules outlined in the cooperative's statute.

Nature – the one-time amount paid by a new member upon joining the cooperative.

Purpose – covers all basic expenses related to the establishment and development of the cooperative.

Amount – determined by the cooperative's bylaws and is fixed at EUR 150 for all members.

Characteristics – non-refundable, even if the member leaves the cooperative.

Nature – an amount that each member pays annually for their participation in the Cooperative.

Purpose – covers the basic annual expenses associated with the activities and operation of the Cooperative itself.

Amount – determined by the Articles of Association of the Cooperative and is equal to 2% of the respective member's share contribution.

Characteristic – it is non-refundable even if the member leaves the Cooperative.

Attendance at general meetings is not mandatory; however, it is important to note that every convened general meeting has a precise and clear pre-announced agenda, based on which members can decide whether their participation is important to them.

Yes, through the platform on the 'ZASHTITNICITE' Cooperative website, which enables general meetings to be held and relevant decisions to be voted on by all cooperative members, without the need for physical on-site presence.

Specific financial results and profits from the activities of the "ZASHTITNICITE" Cooperative cannot be guaranteed or predicted in advance, as the organization is currently in its launch phase and actively expanding its operations.

Please take into account the following important economic factors:

• Realistic returns on minimal participation: Due to the highly accessible threshold for entering the cooperative, a minimal share contribution is not intended or expected to generate rapid or large absolute profits.

  For example, even if a high annual return of 10% is achieved, the net financial result for a member with a minimal share would amount to approximately EUR 50 for the year.

• Long-term horizon and scale: Gaining more substantial financial results is a long-term process. It requires time and depends directly on accumulating a critical mass of like-minded members.

• Strategic objective: To fully unleash the mission and potential of the cooperative, it is necessary to reach a critical membership base of at least 10,000 cooperative members, a milestone expected to be achieved within a few years.