The International Day of Cooperatives is an annual celebration of the cooperative movement that takes place on the first Saturday of July since 1923. Since 1995, the United Nations and the International Cooperative Alliance have been setting the theme for the celebration of the Day. The aim of this celebration is to increase awareness of cooperatives. The event underscores the contributions of the cooperative movement to resolving the major problems addressed by the United Nations and to strengthening and extending the partnerships between the international cooperative movement and other actors.
The earliest record of a co-operative comes from Scotland in March 14 1761. In 1844 a group of 28 artisans working in the cotton mills in north of England established the first modern co-operative business.
The cooperative movement is highly democratic, locally autonomous, but internationally integrated, and a form of organization of associations and enterprises whereby citizens themselves rely on self-help and their own responsibility to meet goals that include not only economic, but also social and environmental objectives, such as overcoming poverty, securing productive employment and encouraging social integration.