Co-operation is as old as human-society; people have always worked together to support shared goals and advance the common good. But the modern co-operative emerged in the 1800s as a way for people to work together to achieve shared goals.
During the 1920’s - 1940’s Cooperatives existed informally in Dominica. These took the form of ‘coup de main’ and ‘sub’.
It was not until 1945 that the efforts of the communities and groups of individuals to work and save became recognized. The Welfare Department in 1949 was given the responsibility to organize and facilitate the development of co-operatives. The level of poverty which existed was evident that co-operative organizations could play a significant role in poverty reduction in Dominica. At that time no Co-operative Department existed. In 1949 attempts were made to establish the first Consumer Co-operative in Soufriere through the initiative of Mr. L.A.J. Simon, a volunteer worker who was trained in cooperative development in Jamaica. There were 117 members in that study group and shares totaled $1168. Soufriere appeared to be a very dynamic community. In 1952, the St. Marks Lime Producers Cooperative was registered. Using the produce of their members, converting the fruit into lime juice and distilled lime oil which was sold on the yearly contract to the firm Rose & Company. The company operated in Dominica and the oil was marketed through the West Indian Lime Oil Sales Company with headquarters in Trinidad.
The first co-operative to be registered in Dominica was the Roseau Co-operative Credit Union in 1952. The Credit Union started in 1950 with a membership consisting of 133 members. And share capital was in the region of $1891.00
Also registering in the 1950’s were;
With the registration of all these Credit Unions, the need arose for an umbrella body which is referred to as a Secondary Body in Co-operative terms was registered in 1958. In the 1970’s a number of agricultural co-operatives were also registered. Today, there are forty-one (41) co-operative societies registered in Dominica; 12 Credit Unions and 11 Fisheries. Presently Dominica has the most dynamic co-operative movement in the OECS.