Coop Identity, Values, Principles, Governance and Best Practices


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  • thank you so much mam jo for sharing your presentations here. naging madali at mas madalin maintindihan po ng karaniwang farmer member through your concise are a blessing to cooperative movement mam jo.
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  • you are one of a kind among resource persons maam... you are very generous with your presentation materials. These could be used by countless cooperative advocates across the country and even beyond.... God bless you always...
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  • Thank you Mam for the very informative posts. Permission from you,to use some of the presentation,nothing will be altered.Our coop is still struggling and these are very helpful.Thanks mam and more power.
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  • Thank you mam Jo for making this presentations. Its truly a great help. I hope that you would keep on updating this as we know that coop is very drynamic and there are always some changes. More power to you
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  • thanks Janet, You can also visit my other postings at Got some ooder posts there like history, values etc.
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Coop Identity, Values, Principles, Governance and Best Practices

  1. 1. Cooperative Identity, Values, Principles, Governance and Best Practices and Gentle Balanced Leadership By: Josefina B. Bitonio Supervising CDS A Lecture – Presentation for the 4th PamBuhay Parents Council Congress November 2, 2013 DMMMSU, Agoo, La Union
  2. 2. Cooperative Identity Groups of individual around the world and throughout time have worked together in the pursuit of human goals. Example of cooperation, collective action can be traced back to our prehistoric predecessors who recognized the advantages of hunting, gathering, and living in groups rather than on their own.
  3. 3. The earliest cooperative associations were created in Europe and North America during the 17th and 18th centuries. The pioneers of the Rochdale society in the 19th century England are celebrated for launching the modern cooperative movement.
  4. 4. The historical development of cooperative businesses can not be disconnected from the social and economic forces that shaped them. Cooperatives, then and now were created in times and places of economic stress and pressing social problems.
  5. 5. Due to their democratic organization and their economic orientation ‐ cooperatives contribute significantly to social integration, job creation and the reduction of poverty. Cooperatives are thus stabilizing regional economic cycles and can generate regional employment. The United Nations general assembly declared 2012 as the international year of cooperatives and thus acknowledges their worldwide impact on economic and social development.
  6. 6. ART. 3. General Concepts A cooperative is an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations by making equitable contributions to the capital required, patronizing their products and services and accepting a fair share of the risks and benefits of the undertaking in accordance with universally accepted cooperative principles.
  7. 7. Types of Cooperatives ART. 23. Type and Categories of Cooperatives. (1) Types of Cooperatives. Cooperatives may fall under any of the following types: (a) Credit Cooperative is one that promotes and undertakes savings and lending services among its members. It generates a common pool of funds in order to provide financial assistance to its members for productive and provident purposes; “ (b) Consumers Cooperative is one of the primary purpose of which is to procure and distribute commodities to members and non-members;
  8. 8. (c) Producers Cooperative is one that undertakes joint production whether agricultural or industrial. It is formed and operated by its members to undertake the production and processing of raw materials or goods produced by its members into finished or processed products for sale by the cooperative to its members and non-members. Any end product or its derivative arising from the raw materials produced by its members, sold in the name and for the account of the cooperative, shall be deemed a product of the cooperative and its members;
  9. 9. (d) Marketing Cooperative is one which engages in the supply of production inputs to members and markets their products; (e) Service Cooperative is one which engages in medical and dental care, hospitalization, transportation, insurance, housing, labor, electric light and power, communication, professional and other services;
  10. 10. (f) Multipurpose Cooperative is one which combines two (2) or more of the business activities of these different types of cooperatives; (g) Advocacy Cooperative is a primary cooperative which promotes and advocates cooperativism among its members and the public through socially-oriented projects, education and training, research and communication, and other similar activities to reach out to its intended beneficiaries; (h) Agrarian Reform Cooperative is one organized by marginal farmers majority of which are agrarian reform beneficiaries for the purpose of developing an appropriate system of land tenure, land development, land consolidation or land management in areas covered by agrarian reform;
  11. 11. (h) Agrarian Reform Cooperative is one organized by marginal farmers majority of which are agrarian reform beneficiaries for the purpose of developing an appropriate system of land tenure, land development, land consolidation or land management in areas covered by agrarian reform; i) Cooperative Bank is one organized for the primary purpose of providing a wide range of financial services to cooperatives and their members;
  12. 12. (j) Dairy Cooperative is one whose members are engaged in the production of fresh milk which may be processed and/or marketed as dairy products; (k) Education Cooperative is one organized for the primary purpose of owning and operating licensed educational institutions notwithstanding the provisions of Republic Act No. 9155, otherwise known as the Governance of Basic Education Act of 2001; (k) Education Cooperative is one organized for the primary purpose of owning and operating licensed educational institutions notwithstanding the provisions of Republic Act No. 9155, otherwise known as the Governance of Basic Education Act of 2001;
  13. 13. (l) Electric Cooperative is one organized for the primary purposed of undertaking power generations, utilizing renewable energy sources, including hybrid systems, acquisition and operation of sub transmission or distribution to its household members; (m) Financial Service Cooperative is one organized for the primary purpose of engaging in savings and credit services and other financial services;
  14. 14. (n) Fishermen Cooperative is one organized by marginalized fishermen in localities whose products are marketed either as fresh or processed products; (o) Health Services Cooperative is one organized for the primary purpose of providing medical, dental and other health services; (p) Housing Cooperative is one organized to assist or provide access to housing for the benefit of its regular members who actively participate in the savings program for housing. It is co-owned and controlled by its members;
  15. 15. (q) Insurance Cooperative is one engaged in the business of insuring life and poverty of cooperatives and their members; (r) Transport Cooperative is one which includes land and sea transportation, limited to small vessels, as defined or classified under the Philippine maritime laws, organized under the provisions of this Code; (s) Water Service Cooperative is one organized to own, operate and manage waters systems for the provision and distribution of potable water for its members and their households;
  16. 16. (t) Workers Cooperative is one organized by workers, including the self-employed, who are at same time the members and owners of the enterprise. Its principal purpose is to provide employment and business opportunities to its members and manage it in accordance with cooperative principles; and (u) Other types of cooperative as may be determined by the Authority.
  17. 17. Additional types originating from service coop 1. Service coops organized among professionals to practice particular profession 2. Labor Service and workers cooperative 3. Health Service Cooperatives 4. Small scale mining cooperative
  18. 18. RIS Database as of Dec 31, 2012 Source:
  19. 19. Cooperative Monitoring Per Province AS OF DECEMBER 31, 2012 Type ARC CB Consumer Credit Federation Marketing Multi-Purpose Producer Service Transport Union Workers Health Dairy Electric Housing TOTAL PANG LU IS IN TOTAL 13 0 74 53 4 21 479 9 6 1 1 1 0 0 2 0 664 2 1 16 29 2 2 141 4 2 3 1 0 0 0 0 1 204 17 1 5 39 2 5 135 2 1 0 1 0 2 0 0 0 210 9 1 14 34 3 1 184 5 4 0 1 1 0 1 0 0 258 41 3 109 155 11 29 939 20 13 4 4 2 2 1 2 1 1336 Source: 2012 Annual Report of CDA-DEO Dissolv Total Operating ed Cooperative 0 0 6 6 1 0 64 1 1 0 0 0 0 0 0 0 79 41 3 103 149 10 29 875 19 12 4 4 2 2 1 2 1 1257
  20. 20. Total Assets Based on CAPR Database As of December 31, 2013 Source: 168,287,009,928.19 180,000,000,000.00 160,000,000,000.00 140,000,000,000.00 120,000,000,000.00 100,000,000,000.00 80,000,000,000.00 60,402,652,513.67 60,000,000,000.00 40,000,000,000.00 20,000,000,000.00 25,429,265,943.07 9,302,418,915.43 - Micro Cooperatives Small Cooperatives Medium Cooperatives Large Cooperatives
  21. 21. 1 2 TOP 25 COOPERATIVES BY PAID-UP CAPITAL As of December 31, 2012 (Based on CAPR/AFS) 3 4 5 6 7 8 9 10 11 20 21 22 23 24 25 Pozorrubio Market Vendors Credit Cooperative Mangaldan National High School Faculty, Employees and Retirees Multipurpose Cooperative Coliling Farmers' Savings & Credit Cooperative Sugpon Multi-Purpose Cooperative Candon City Government Employees Multi Purpose Cooperative Sugpunan SISA Magsingal Multi Purpose Cooperative 13,501,869.05 12 13 14 12,455,344.59 11,712,220.00 11,660,735.00 11,579,854.46 15 16 17 18 19 11,002,657.48 20 Source: 2012 Annual Report of CDA-DEO COOPERATIVE NAME Calasiao Plant & Related Companies Employees' Credit Cooperative Tubao Credit Cooperative Sta. Cruz Savings and Development Cooperative Lingayen Catholic Credit Cooperative Government of Laoag Employees Development Coooperative Pangasinan State University Multi Purpose Cooperative Fatima (Vigan) Multi Purpose Cooperative Saint Augustine Multi Purpose Cooperative Nueva Segovia Consortium of Cooperatives Sacred Heart Savings Cooperative Metro Vigan Cooperative Hospital Ilocos Norte PNP, Ladies and Civilian Employees Multi Purpose Cooperative Saint Louis Development Cooperative San Joaquin Multi Purpose Cooperative Multi Purpose Cooperative of State Auditors (MULTI COSA) Suyo Multi Purpose Cooperative Movers Multi Purpose Cooperative Sto. Domingo Development Cooperative Teachers Association of Pangasinan (TAP) Multi Purpose Cooperative Pozorrubio Market Vendors Credit Cooperative PAID-UP CAPITAL 215,775,802.05 210,891,651.66 111,765,990.64 110,140,612.13 75,280,000.00 40,805,480.00 37,250,361.00 31,689,105.24 27,712,589.14 27,649,436.87 27,066,700.00 24,501,938.00 22,039,100.00 20,859,162.00 18,878,300.00 18,717,009.05 16,349,900.00 15,787,902.93 15,524,481.83 13,501,869.05
  22. 22. Cooperatives Around the World The cooperative movement gradually spread around the world in the 19th century. Today, cooperative businesses are found nearly in all countries from the developing nations of Africa, Asia and South America to the industrial countries of Europe and America. Many of the cooperatives in these countries are extremely successful with strong presence especially in agriculture.
  23. 23. Today the sector is estimated to have around 1 billion members and account for more than 100 million jobs around the world (ICA).
  24. 24. Why Cooperate? People who organize and belong cooperatives to do so for a variety of economic, social, and even political reasons. Cooperating with others has often proven to be a satisfactory way of achieving ones own objectives while assisting others in achieving theirs.
  25. 25. Cooperative Values Co-operatives are based on the values of selfhelp, self- responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.
  26. 26. Cooperative Principles The Rochdale pioneers and the early European cooperative thinkers and organizers who laid down the foundation for their success. They are responsible for codifying a guiding set of principles that provided the guide to help the development of cooperatives across the world.
  27. 27. The co-operative principles are guidelines by which co-operatives put their values into practice. 1. Voluntary and Open Membership Co-operatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
  28. 28. 2. Democratic Member Control Co-operatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary co-operatives members have equal voting rights (one member, one vote) and co-operatives at other levels are also organized in a democratic manner
  29. 29. 3. Member Economic Participation Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the co-operative. Members usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes: developing their co-operative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.
  30. 30. ARTICLE IX Allocation and Distribution of Net Surplus for Newly Registered Cooperative Section 1. Allocation - At the end of its fiscal year, the Cooperative shall allocate and distribute its net surplus as follows: a. Reserve Fund. _______percent (____%)shall be set aside for Reserve Fund subject to the following rules, provided, that in the first five (5) years of operation after registration, this amount shall not be less than fifty per centum (50%) of the net surplus: b. Education and Training Fund. ________ percent (____%)shall be set aside for Education and Training Fund. i. Half of the amount allocated to the education and training fund annually under this subsection may be spent by the cooperative for education and training purposes; while the other half may be remitted to a union or federation chosen by the cooperative or of which it is a member.
  31. 31. c. Community Development Fund. ________percent (____%)shall be used for projects and activities that will benefit the community where the cooperative operates. d. Optional Fund. ________percent (____%)shall be set aside for Optional Fund for land and building, and any other necessary fund. Section 2. Interest on Share Capital and Patronage Refund. The remaining net surplus shall be made available to the members in the form of interest on share capital not to exceed the normal rate of return on investment and patronage refunds.
  32. 32. 4. Autonomy and Independence Co-operatives are autonomous, selfhelp organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their co-operative autonomy.
  33. 33. 5. Education, Training and Information Co-operatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their cooperatives. They inform the general public - particularly young people and opinion leaders - about the nature and benefits of co-operation
  34. 34. 6. Co-operation among Co-operatives Co-operatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.
  35. 35. 7. Concern for Community Co-operatives work for the sustainable development of their communities through policies approved by their members.
  36. 36. Governance To prosper, cooperative must be well organized, well financed, well managed and governed well by a committed membership. They must be progressive, adapting to changing business climates and responding to the members’ changing needs.
  37. 37. The directors, management staff and members have responsibilities within the cooperative . Strong and viable require all the three groups to do their share.
  38. 38. ARTICLE III – By Laws Administration Section 1. The General Assembly (GA). The general assembly is composed of all the members entitled to vote, duly assembled and constituting a quorum and is the highest policy-making body of the Cooperative.
  39. 39. Section 2. Powers of the General Assembly. Subject to the pertinent provisions of the Cooperative Code and the rules issued there under, the general assembly shall have the following exclusive powers which cannot be delegated: a. To determine and approve amendments to the cooperative Articles of Cooperation and By-laws; b. To elect or appoint the members of the board of directors, and to remove them for cause; c. To approve developmental plans of the cooperative; and d. To delegate the following power/s to a smaller body of the cooperative:
  40. 40. ARTICLE IV Board of Directors Section 1. Composition of the Board of Directors (BOD). The Board of Directors shall be composed of _______ ( ) members. Section 2. Functions and Responsibilities. The Board of Directors shall have the following functions and responsibilities: a. Provide general policy direction; b. Formulate the strategic development plan; c. Determine and prescribe the organizational and operational structure; d. Review the Annual Plan and Budget and recommend for the approval of the GA;
  41. 41. e. Establish policies and procedures for the effective operation and ensure proper implementation of such; f. Evaluate the capability and qualification, and recommend to the GA the engagement of the services of the External Auditor; g. Appoint the members of the Mediation/ Conciliation and Ethics Committees and other Officers as specified in the Code and cooperative By-laws; h. Declare the members entitled to vote; i. Decide election related cases involving the Election Committee and its members;
  42. 42. j. Act on the recommendation of the Ethics Committee on cases involving violations of Code of Governance and Ethical Standards; and k. Perform such other functions as may be prescribed in the By-laws or authorized by the GA.
  43. 43. ARTICLE V Committees Section 1. Audit Committee. An Audit Committee is hereby created and shall be composed of ________ ( ) members to be elected during a general assembly meeting and shall hold office for a term of one (1) year or until their successors shall have been elected and qualified.
  44. 44. Section 2. Functions and Responsibilities. The Audit Committee shall: a. Monitor the adequacy and effectiveness of the cooperative’s management and control system; b. Audit the performance of the cooperative and its various responsibility centers; c. Review continuously and periodically the books of account and other financial records to ensure that these are in accordance with the cooperative principles & generally accepted accounting procedures;
  45. 45. d. Submit reports on the results of the internal audit and recommend necessary changes on policies and other related matters on operation to the Board of Directors and GA; e. Recommend or petition to the Board of Directors the conduct of special general assembly when necessary; and f. Perform such other functions as may be prescribed in the By-laws or authorize by the GA.
  46. 46. Section 3. Election Committee. An Election Committee is hereby created and shall be composed of _____ ( ) members to be elected during a general assembly meeting and shall hold office for a term of one (1) year or until their successors shall have been elected and qualified.
  47. 47. Section 4. Functions and Responsibilities. The Election Committee shall: a. Formulate election rules and guidelines, and recommend to the GA for approval; b. Implement election rules and guidelines duly approved by the GA; c. Recommend necessary amendments to the election rules and guidelines, in consultation with the Board of Directors, for approval of the GA; d. Supervise the conduct, manner and procedure of election and other election related activities and act on the changes thereto;
  48. 48. e. Canvass and certify the results of the election; f. Proclaim the winning candidates; g. Decide election and other related cases except those involving the Election Committee or its members, and h. Perform such other functions as prescribed in the By-laws or authorized by the GA.
  49. 49. Section 5. Education and Training Committee. An Education and Training Committee is hereby created and shall be composed of ________ ( ) members to be appointed by the Board of Directors and shall serve for a term of one (1) year, without prejudice to their reappointment.
  50. 50. Section 6. Functions and Responsibilities. The Education and Training Committee shall: a. Keep members, officers, staff well-informed regarding cooperative’s goals/objectives, policies & procedures, services, etc.; b. Plan and implement educational program for coop members, officers and staff; c. Develop promotional and training materials for the cooperative; and d. Conduct/Coordinate training activities.
  51. 51. Section 7. Mediation and Conciliation Committee. A Mediation and Conciliation Committee is hereby created and shall be composed of _______ ( ) members to be appointed by the Board of Directors.
  52. 52. Section 8. Functions and Responsibilities. The Mediation and Conciliation Committee: a. Formulate and develop the ConciliationMediation Program and ensure that it is properly implemented; b. Monitor Conciliation-Mediation program and processes; c. Submit semi-annual reports of cooperative cases to the Authority within 15 days after the end of every semester; d. Accept and file Evaluation Reports; e. Submit recommendations for improvements to the BOD;
  53. 53. f. Recommend to the BOD any member of the cooperative for Conciliation-Mediation Training as Cooperative MediatorConciliator; g. Issue the Certificate of Non-Settlement; and h. Perform such other functions as may be prescribed in the By-laws or authorized by the GA.
  54. 54. Section 9. Ethics Committee. An Ethics Committee is hereby created and shall be composed of ___________ ( ) members to be appointed by the Board of Directors.
  55. 55. Section 10. Functions and Responsibilities. The Ethics Committee shall: a. Develop Code of Governance and Ethical Standard to be observed by the members, officers and employees of the cooperative subject to the approval of the BOD and ratification of the GA; b. Disseminate, promote and implement the approved Code of Governance and Ethical Standards; c. Monitor compliance with the Code of Governance and Ethical Standards and recommend to the BOD measures to address the gap, if any;
  56. 56. d. Conduct initial investigation or inquiry upon receipt of a complaint involving Code of Governance and Ethical Standards and submit report to the BOD together with the appropriate sanctions; e. Recommend ethical rules and policy to the BOD; f. Perform such other functions
  57. 57. Section 11. Other Committees. By a majority vote of all its members, the Board of Directors may form such other committees as may be deemed necessary for the operation of the Cooperative.
  58. 58. MEMORANDUM CIRCULAR NO. 2011-04 Series of 2011 Dated Feb 22, 2011 Officers of the Cooperative as provided under Art. 5 (11) of RA9520: (1) Members of the Board of the Directors; (2) Members of the different committee created by the general assembly; , (3) General Manager or the Chief Executive Officer; (4) Secretary; (5) Treasurer; and (6) Members holding other positions as may be provided for the by-laws of the cooperative.
  59. 59. B. Officers elected by the General Assembly: (1) Members of the Board of Directors; and (2) Members of the Audit and Election Committee.
  60. 60. C. Officers appointed by the Board of Directors: (1) Treasurer; (2) Secretary; (3) Members of the Mediation and Conciliation Committee; (4) Members of the Ethics Committee; (5) Members of Other Committees unless otherwise provided in the by-laws; and 6) Members of the Board of Directors appointed by the remaining directors for vacancy other them expiration of term ( Article 41 of RA 9520)
  61. 61. Under Article 42, there is no prohibition for elected officers with relationship up to the third civil degree of consanguinity or affinity to hold the aforesaid elected positions in the same cooperative provided they have been elected by the General Assembly. These are the officers referred to in paragraph B hereof.
  62. 62. The prohibition applies to the officers referred to in paragraph C hereof. There shall be no two (2) persons or more with relationship up to the third civil degree of consanguinity or affinity to hold any of the above-mentioned appointed positions in the same cooperative.
  63. 63. However, an elected officer can have one (1) appointed relative within the third civil degree of consanguinity or affinity provided that under no circumstance shall there be relationship up to the third civil degree of consanguinity or affinity among the appointed officers.
  64. 64. With respect to husband and wife since they are considered as "one person with the same interest" (Report of the Commission of the Family Code, page 25), the prohibition on appointive officers shall apply to them likewise.
  65. 65. 1. Relationship by Consanguinity 1. First Degree - Parent to Child 2. Second Degree - Grandparent to Grandchild, Brother to Sister 3. Third Degree - Uncle to Child, Aunt to Child, Great- Grandparent to Great Grandchild
  66. 66. 2. Relationship by Affinity 1. First Degree - Parent-in-Law to Daughter/Son-in-Iaw 2. Second Degree - Brother-in-Law to Sisterin-Law 3.Third Degree - Great-Grandparent-in-Iaw to Great Granddaughter/Great Grandsonin-Law, Uncle/Aunt in- law to Niece/ Nephew in-law.
  67. 67. Best Practices Cooperative members are its important assets. Cooperative success hinges on effective member education, training, information to members. Thus, a successful education and communication program should be in placed.
  68. 68. CPRCE MPC BEST Practices • The Board do not receive any form of compensation; • Computerized loan processing, bookkeeping and financial statement preparation; • Coop with website to keep members and public updated;
  69. 69. • Operating nationwide thru electronic means • Interest are not charged in advance; • Coop grants P100,000 burial assistance; • Christmas gifts to qualified members; • The coop remained self reliant since 1987;
  70. 70. GLEDCO Best Practices 1. Commitment to Good Governance in its day to day operations by Dedicated Officers and Management Staff. GLEDCO Top Performing Cooperative in Ilocos Region
  71. 71. a) Regular conduct of general / mid-year general assemblies. b) Conduct of mid-year and year-end assessment and planning conferences. c) Regular conduct of two (2) board meetings a month.
  72. 72. c) Regular conduct of two (2) board meetings a month. d) Conduct of monthly / weekly meetings with Management Staff. e) Conduct of monthly PMES (We have our own trainers). f) Monthly financial statements are posted at bulletin boards / distributed to different offices. g) Monthly / Annual Performances are compared against Targets as set forth in the approved Annual Budget. h) Maintenance of Website / Facebook Account.
  73. 73. 1. Health and Wellness program as one of the important needs. In this concern, Medical Missions were made during the past years up to the present. 2. With the collaboration of SACDECO and RHU in Sta. Cruz, 152 women were served and undergone PAP SMEAR. Aside from these, SANITATION PROJECT was also implemented.
  74. 74. 3. Distributed toilet bowls and drums to families without Comfort Rooms in barangay Pinipin, Pilar, Sevilla, Villa Hermosa and Dili, this town. The same program was also implemented in the SACDECO branches of Santa and Bangar with the assistance of the Local Government Unit (LGU) 4. Barangay Daligan was benefitted with water system connecting the spring from mountain going down to the barangay residences up to the neighboring barangays. Relative to this, barangay Casilagan was also given a set of jet-matic for public use. One organization from barangay Calaoa-an was also given field watering materials.
  75. 75. 5. the Prime Movers Association members composed of fishermen from barangay Capariaan, Villa Garcia and Casilagan received One Hundred Thousand Pesos (PHP100,000.00) for the purchase of motorized boat and for the repairs of fishing paraphernalia. The assistance was given to them to enhance their daily works and financial needs.
  76. 76. 6. supporting the YTM programs. The following schools are the beneficiaries: a) Pinipin Elementary School- Monoblock Chairs & painting Materials b) Arangin-Dinaratan Elementary SchoolMaterials for classroom repairs c) P.R. PMA- 1 unit Computer Set d) Babayoan Elementary School- Paint & materials for water system e) Nagtenga Elementary School- Jet matic f) Sagat Elementary School- Repair of water system
  77. 77. g) Dili Elementary School- Painting materials for classrooms h) Amazing grace- 1 unit Laptop i) Castro Elementary School (Bangar)- 2 units ceiling fans j) San Francisco Elementary School (Sudipen L.U) – 2 units ceiling fan k) Banayoyo Central School- 2 white boards
  78. 78. 7. Supported the “ECOLOGY/GREENING PROGRAM” of the government. Some of the activities are the planting of Mangroves in Santiago, Ilocos Sur, coconut in the coastal barangay of Sevilla, Pilar and Las-ud, acacia and milena in barangay Babayoan
  79. 79. Cooperative Financing Cooperative financing is also critical in today’s complex operation. Adequate capital is one of the fundamental principles of sound business operation and at the same time one of the biggest challenge facing the cooperative today.
  80. 80. Savings Regular Savings Deposit Time Deposit Members Contingency Deposits Youth Saver’s Club Dream Savings Funds Retirement Savings Pension Savings SAFE Savings Build Savings Emergency Savings Fund
  81. 81. Common Share Share Capital Preferred Share
  82. 82. SBFCA Pambuhay Multi-Purpose Cooperative Agoo, La Union BEST in Membership Growth and Expansion Provincial Level In recognition of their exemplary performance and unique strategies in terms of increasing membership. Issued this 25th day of June, 2013 at Dagupan City. RAY R. ELEVAZO Regional director Gawad Parangal Validators: JOSEFINA B. BIT0NIO Supervising Cooperative Development Specialist VAN IAN F. ENRIQUEZ Senior CDS - CRIT Unit
  83. 83. Reference • Oro Integrated Cooperative • Sacred Heart Savings Cooperative credheartsavingscoop • Kimberly A. Zeuli and Robert Cropp
  84. 84. • SACDECO • Gledco • RA 9520 • Model By Laws Primary Cooperative
  85. 85. • MEMORANDUM CIRCULAR NO. 2011-04 Series of 2011 Dated Feb 22, 2011 • Josefina B. Bitonio 2012 Annual Report CDA Dagupan • Statistical Data
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