The document provides information about joining the Global Dollar Builder Credit Cooperative (GDBCC). It discusses the requirements for becoming a member, including undergoing a Pre-Membership Education Seminar (PMES). The PMES covers basic concepts of cooperatives and details about GDBCC, its products/services, and how members can earn income and benefits. All cooperatives must register with the Cooperative Development Authority according to Philippine law.
Lectures for Basic Seminar on Cooperative DevelopmentGaphor Panimbang
This document provides an overview of cooperatives in the Philippines, including definitions, principles, laws and regulations, types of cooperatives, steps to form a cooperative, organizational structure, rights and responsibilities of members, and factors for success. Specifically, it defines a cooperative as a registered association of people with a common interest working together for economic or social goals. It also outlines the seven cooperative principles of voluntary membership, democratic control, limited return on capital, member economic participation, education and training, cooperation among cooperatives, and concern for community.
The document outlines the 9 step process for organizing a cooperative in the Philippines according to the Cooperative Code of the Philippines. The steps include getting organized, reserving a cooperative name, preparing an economic survey and bylaws, securing bonds for accountable officers, completing a treasurer's affidavit, attending a pre-membership education seminar, and registering the cooperative with the Cooperative Development Authority. It also provides details on the types of cooperatives, membership categories, and privileges cooperatives can enjoy once registered.
The document provides an overview of cooperatives and the process for organizing a primary cooperative under Philippine law. Some key points:
- Cooperatives are voluntary organizations controlled democratically by members who have equal voting rights and contribute equitably to capital. They provide education and work together through cooperation.
- Organizing a primary cooperative requires at least 15 Filipino citizens over 18 who have common interests, reside in the intended area, and complete cooperative education. Articles of cooperation and by-laws are filed along with an economic survey.
- Cooperatives have juridical personality once registered by the Authority and last up to 50 years unless dissolved. Membership includes regular and associate types, with regular members having full rights and
The document discusses the Pre-Membership Education Seminar for Santa Monica Credit Cooperative. It provides an overview of why PMES are required by law, the functions of the Cooperative Development Authority, and an introduction to cooperative principles and types. It then describes the purpose, objectives, membership options, registration process, activities, and loan services of Santa Monica Credit Cooperative.
The document provides information about an upcoming Pre-Membership Education Seminar (PMES) being held by IPEMPC, a cooperative in Iloilo, Philippines. It includes the cooperative pledge, welcome remarks, an introduction to IPEMPC's history and core values. It also summarizes IPEMPC's organizational structure, general membership policies, loan policies, and committees. In the last section, it provides a brief overview of IPEMPC's total assets and shared capital/net surplus from 2009-2013, showing growth over that period.
This document provides an overview of Semantrix Multi Purpose Cooperative (SMPC) and answers frequently asked questions about cooperatives and membership in SMPC. SMPC is an autonomous organization registered with government agencies to serve the social, economic, and cultural needs of its members. The document defines cooperatives and SMPC, describes the types of membership and requirements, benefits of membership, sources of funds, duties of members, and differences between cooperatives and other organizations. It also outlines the organizational structure of SMPC and registration process for associate members seeking job placement through the cooperative.
Governance & Management-of-coops Part II jo bitonio
The document discusses key topics related to the operation and management of cooperatives, including financial management, personnel management, human resource management, production, marketing, technical aspects, ethical standards, and performance measurement. Specifically, it covers:
1. The importance of financial management for cooperatives to ensure availability of funds, optimum utilization of funds, safety of investments, and a sound capital structure.
2. The differences between personnel management, which focuses on routine employee functions, and human resource management, which treats employees as strategic assets.
3. The values and principles that cooperatives are based on like self-help, self-responsibility, democracy, equality, equity, and solidarity.
4. Common areas
Lectures for Basic Seminar on Cooperative DevelopmentGaphor Panimbang
This document provides an overview of cooperatives in the Philippines, including definitions, principles, laws and regulations, types of cooperatives, steps to form a cooperative, organizational structure, rights and responsibilities of members, and factors for success. Specifically, it defines a cooperative as a registered association of people with a common interest working together for economic or social goals. It also outlines the seven cooperative principles of voluntary membership, democratic control, limited return on capital, member economic participation, education and training, cooperation among cooperatives, and concern for community.
The document outlines the 9 step process for organizing a cooperative in the Philippines according to the Cooperative Code of the Philippines. The steps include getting organized, reserving a cooperative name, preparing an economic survey and bylaws, securing bonds for accountable officers, completing a treasurer's affidavit, attending a pre-membership education seminar, and registering the cooperative with the Cooperative Development Authority. It also provides details on the types of cooperatives, membership categories, and privileges cooperatives can enjoy once registered.
The document provides an overview of cooperatives and the process for organizing a primary cooperative under Philippine law. Some key points:
- Cooperatives are voluntary organizations controlled democratically by members who have equal voting rights and contribute equitably to capital. They provide education and work together through cooperation.
- Organizing a primary cooperative requires at least 15 Filipino citizens over 18 who have common interests, reside in the intended area, and complete cooperative education. Articles of cooperation and by-laws are filed along with an economic survey.
- Cooperatives have juridical personality once registered by the Authority and last up to 50 years unless dissolved. Membership includes regular and associate types, with regular members having full rights and
The document discusses the Pre-Membership Education Seminar for Santa Monica Credit Cooperative. It provides an overview of why PMES are required by law, the functions of the Cooperative Development Authority, and an introduction to cooperative principles and types. It then describes the purpose, objectives, membership options, registration process, activities, and loan services of Santa Monica Credit Cooperative.
The document provides information about an upcoming Pre-Membership Education Seminar (PMES) being held by IPEMPC, a cooperative in Iloilo, Philippines. It includes the cooperative pledge, welcome remarks, an introduction to IPEMPC's history and core values. It also summarizes IPEMPC's organizational structure, general membership policies, loan policies, and committees. In the last section, it provides a brief overview of IPEMPC's total assets and shared capital/net surplus from 2009-2013, showing growth over that period.
This document provides an overview of Semantrix Multi Purpose Cooperative (SMPC) and answers frequently asked questions about cooperatives and membership in SMPC. SMPC is an autonomous organization registered with government agencies to serve the social, economic, and cultural needs of its members. The document defines cooperatives and SMPC, describes the types of membership and requirements, benefits of membership, sources of funds, duties of members, and differences between cooperatives and other organizations. It also outlines the organizational structure of SMPC and registration process for associate members seeking job placement through the cooperative.
Governance & Management-of-coops Part II jo bitonio
The document discusses key topics related to the operation and management of cooperatives, including financial management, personnel management, human resource management, production, marketing, technical aspects, ethical standards, and performance measurement. Specifically, it covers:
1. The importance of financial management for cooperatives to ensure availability of funds, optimum utilization of funds, safety of investments, and a sound capital structure.
2. The differences between personnel management, which focuses on routine employee functions, and human resource management, which treats employees as strategic assets.
3. The values and principles that cooperatives are based on like self-help, self-responsibility, democracy, equality, equity, and solidarity.
4. Common areas
This document provides information about cooperatives, including their purpose, principles, and operational requirements. It discusses reasons for forming cooperatives such as addressing community issues like lack of jobs and income. It also summarizes the key principles of cooperatives based on the International Cooperative Alliance, including voluntary membership, democratic member control, member economic participation, autonomy and independence, education/training, cooperation among cooperatives, and concern for community. Additionally, it outlines requirements for cooperative registration and ongoing reporting obligations.
Guide on Cooperative Operation and Management jo bitonio
This document provides guidelines and checklists for cooperative operations and management in various areas. It outlines policies, programs, plans and manuals that Philippine cooperatives should have in place to properly guide their operations. These include development plans, annual plans and budgets, social development plans, education and training plans, board resolutions on human resources, finances and more. The document also provides templates to track performance indicators over multiple years.
This document provides an overview and summary of the Cooperative Orientation Seminar (COS) conducted by Tayabas Community Multi-Purpose Cooperative (TCMC) for new members. It discusses TCMC's history, areas of operation, products and services offered. It also explains TCMC's lending process and types of loans including regular loans and special loans for business capital. Key details about loan amounts, terms, interest rates and monthly payment schedules are provided for regular loans of different amounts. The goal is to help new members understand TCMC's purpose, benefits and loan policies.
Coop Identity, Values, Principles, Governance and Best Practicesjo bitonio
This document provides an overview of cooperatives including their history, principles, governance, and impact. It discusses how cooperatives originated from groups working together throughout history for mutual benefit. The modern cooperative movement began in the 19th century in Europe and North America. Cooperatives were formed during economic hard times to help people. They contribute to job creation, social integration, and poverty reduction. The document also outlines the different types of cooperatives according to Philippine law and provides statistical data on cooperatives in certain provinces and their total assets.
Guidelines and Checklists for Philippine Cooperativesjo bitonio
This document provides guidelines and checklists for cooperative operations and management in the Philippines. It summarizes programs, projects, policies, board resolutions, manuals, and a code of governance from CDA circulars and audit reports. The guidelines cover areas like development planning, annual planning and budgeting, financial reporting, hiring of auditors, benefits for employees, membership policies, manuals for operations and accounting, training programs, and sanctions for noncompliance. The supplemental rules specify training requirements for cooperative directors and officers.
This document discusses policy formulation for cooperatives. It defines policy and outlines the characteristics and functions of effective policy. It provides guidelines for writing, implementing, distributing, controlling, and evaluating policies. The document also contains examples of sample policies and discusses the components of policy formulation. It distinguishes between ethical, strategic, and operational types of policies.
Planning Checklist and Selected Guidelines for Cooperative Operation and Mana...jo bitonio
The document provides guidelines and requirements for cooperative planning, governance, operations, programs, and reporting, including developing strategic and annual plans, conducting trainings, submitting reports, and allocating funds for member education, community development, and other purposes. It outlines policies and resolutions that cooperatives must implement regarding operations, leadership, human resources, and community involvement. Compliance with the procedures in the document will help cooperatives properly manage their activities and fulfill their obligations.
The document discusses governance and management requirements for cooperatives in the Philippines. It outlines required training courses for different types of cooperatives, covering topics like fundamentals of cooperatives, governance and management. It specifies training hours and deadlines for cooperative officers to complete the courses. The training courses aim to develop officers' skills in financial management, governance, operations and other areas important for effective cooperative management.
Implementing Rules and regulations of RA 9520jo bitonio
The revised implementing rules and regulations of the Philippine Cooperative Code of 2008 (RA 9520) highlight several key changes, including redefining certain terms, restricting the registration of multipurpose cooperatives, restructuring training requirements for cooperative officers, simplifying reporting requirements, and clarifying the roles of partner agencies in cooperative registration and regulation. The revisions also address subsidiary cooperatives, representative assemblies, mergers and consolidations, and capitalization and accounting procedures.
The document provides information about organizing a primary cooperative, including requirements for membership, articles of cooperation, bylaws, registration, and types of membership. Fifteen or more individuals who are Filipino citizens of legal age and have a common bond can organize a cooperative by submitting economic data, articles of cooperation, and bylaws to the cooperative authority for registration. A cooperative has legal status once registered and issues certificates of registration. Membership types include regular and associate members. Government officers and employees have restrictions on cooperative involvement.
The document provides guidance on strategic planning for cooperatives. It discusses the key components of a strategic plan including environmental scanning, vision/mission, objectives, strategies, policies, implementation programs and projects, budgets, and performance evaluation. It emphasizes developing objectives that are specific, measurable, achievable, relevant and time-bound. The strategic management model outlines the process of formulation, implementation, and evaluation of strategies. References for further information on strategic planning for cooperatives are also provided.
This document outlines various requirements and best practices for cooperatives in the Philippines. It states that cooperatives must allocate allowances for probable loan losses, apply for tax exemption with BIR, and submit yearly reports to CDA to maintain their Certificate of Operation. It also describes the COOP-PESOS rating system used by CDA to evaluate cooperatives' soundness. Additional requirements include proper documentation of loans, regular financial audits, and developing strategic plans.
Fundamental of Cooperatives by PCEDO and PCDCjo bitonio
This document provides an overview of fundamentals of cooperatives from the perspective of CDA Regional Office 1. It discusses legal bases for cooperatives, requirements such as developing a strategic plan within 90 days of registration and having the strategic plan approved by members. It also outlines requirements for an annual plan, hiring an external auditor, and accepting audited financial statements. Additional topics covered include developing education and training plans, gender and development plans, succession plans, and policies on training fund allocation. The document emphasizes the importance of continuous learning, taking small steps, prioritizing education and training, and what makes cooperatives unique in being member-owned and values-based. It concludes with messages about the importance of compliance, capital build up,
Governance and Mgmt for Co-ops Part - I.pdfjo bitonio
The document discusses governance and management requirements for cooperatives in the Philippines. It outlines the required training courses for different types of cooperatives, including fundamentals of cooperatives and governance and management. It specifies the training hours and topics required for officers of micro-cooperatives versus larger cooperatives. Additional optional trainings are also recommended to enhance officers' skills in areas like financial management, leadership, and strategic planning. Guidelines include a requirement for officers to complete mandatory trainings within the first half of their term.
Orientation for Cooperative in Education and Training Committee jo bitonio
The document provides an orientation for the Education and Training Committee (ETC) of a cooperative. It discusses the composition, roles, and responsibilities of the ETC. The ETC is responsible for planning, developing, implementing, and evaluating educational programs for cooperative members, officers, and staff. This includes developing training materials, implementing educational plans, and reporting annually to the General Assembly. The ETC also oversees membership recruitment, sustainability, and continuing education efforts.
A cooperative is a registered association of people who voluntarily join together to achieve social, economic, and cultural needs through equitable contributions and sharing of risks and benefits. Cooperatives can be organized for purposes like encouraging thrift and savings, providing credit, systematic production and marketing, and goods/services to members. The primary objective of cooperatives is to improve members' quality of life by providing goods/services to increase income and purchasing power, optimum benefits, efficient ways of doing business, new ideas, and ownership for lower income groups. Cooperatives also aim to cooperate with other organizations to further attainment of objectives.
Upholding Accountability and Integrity In Cooperatives Through Policies and ...jo bitonio
Upholding accountability and integrity in cooperatives requires establishing clear policies and decision-making structures. The document discusses the importance of having a cooperative code of governance and ethical standards to guide behavior. It also emphasizes revamping organizational culture to promote accountability, such as setting goals, monitoring performance, and leading by example. Establishing committees and training programs can help enforce policies and allocate responsibilities to strengthen accountability in cooperatives.
The document discusses strategic planning and management for cooperatives. It provides examples of programs and projects from cooperatives like Narra Multi-Purpose Cooperative and Tubao Credit Cooperative. It also outlines key responsibilities for cooperative boards, including formulating strategic plans, setting policies and procedures, and overseeing management. Strategies for cooperatives are described as the means to deliver services and pursue objectives through building capability, allocating resources, motivating people, and driving continuous improvement.
This document discusses the Global Dollar Builder Credit Cooperative (GDBCC), which promotes savings and loans among its members. It notes that all cooperatives must register with the Cooperative Development Authority according to the Philippine Cooperative Code of 2008. The document outlines GDBCC's products and services like online member accounts, ebooks/software, insurance, and loans. It compares GDBCC's benefits and compensation plan to traditional banks and cooperatives, noting advantages like 0% interest loans, no credit checks, and ability to qualify for loans without paying share capital upfront. Members can earn through referrals in GDBCC's network marketing-style compensation plan.
The document provides guidance on organizing a primary cooperative in the Philippines. It outlines 6 key steps: 1) get organized with at least 15 members, 2) prepare an economic survey, 3) draft by-laws, 4) draft articles of cooperation, 5) secure a bond from accountable officers, and 6) register with the Cooperative Development Authority (CDA). It also describes requirements for membership, types of membership, and guidelines for preparing an economic survey, which is a feasibility study describing the cooperative's structure, purpose, and financial projections.
This document provides information about cooperatives, including their purpose, principles, and operational requirements. It discusses reasons for forming cooperatives such as addressing community issues like lack of jobs and income. It also summarizes the key principles of cooperatives based on the International Cooperative Alliance, including voluntary membership, democratic member control, member economic participation, autonomy and independence, education/training, cooperation among cooperatives, and concern for community. Additionally, it outlines requirements for cooperative registration and ongoing reporting obligations.
Guide on Cooperative Operation and Management jo bitonio
This document provides guidelines and checklists for cooperative operations and management in various areas. It outlines policies, programs, plans and manuals that Philippine cooperatives should have in place to properly guide their operations. These include development plans, annual plans and budgets, social development plans, education and training plans, board resolutions on human resources, finances and more. The document also provides templates to track performance indicators over multiple years.
This document provides an overview and summary of the Cooperative Orientation Seminar (COS) conducted by Tayabas Community Multi-Purpose Cooperative (TCMC) for new members. It discusses TCMC's history, areas of operation, products and services offered. It also explains TCMC's lending process and types of loans including regular loans and special loans for business capital. Key details about loan amounts, terms, interest rates and monthly payment schedules are provided for regular loans of different amounts. The goal is to help new members understand TCMC's purpose, benefits and loan policies.
Coop Identity, Values, Principles, Governance and Best Practicesjo bitonio
This document provides an overview of cooperatives including their history, principles, governance, and impact. It discusses how cooperatives originated from groups working together throughout history for mutual benefit. The modern cooperative movement began in the 19th century in Europe and North America. Cooperatives were formed during economic hard times to help people. They contribute to job creation, social integration, and poverty reduction. The document also outlines the different types of cooperatives according to Philippine law and provides statistical data on cooperatives in certain provinces and their total assets.
Guidelines and Checklists for Philippine Cooperativesjo bitonio
This document provides guidelines and checklists for cooperative operations and management in the Philippines. It summarizes programs, projects, policies, board resolutions, manuals, and a code of governance from CDA circulars and audit reports. The guidelines cover areas like development planning, annual planning and budgeting, financial reporting, hiring of auditors, benefits for employees, membership policies, manuals for operations and accounting, training programs, and sanctions for noncompliance. The supplemental rules specify training requirements for cooperative directors and officers.
This document discusses policy formulation for cooperatives. It defines policy and outlines the characteristics and functions of effective policy. It provides guidelines for writing, implementing, distributing, controlling, and evaluating policies. The document also contains examples of sample policies and discusses the components of policy formulation. It distinguishes between ethical, strategic, and operational types of policies.
Planning Checklist and Selected Guidelines for Cooperative Operation and Mana...jo bitonio
The document provides guidelines and requirements for cooperative planning, governance, operations, programs, and reporting, including developing strategic and annual plans, conducting trainings, submitting reports, and allocating funds for member education, community development, and other purposes. It outlines policies and resolutions that cooperatives must implement regarding operations, leadership, human resources, and community involvement. Compliance with the procedures in the document will help cooperatives properly manage their activities and fulfill their obligations.
The document discusses governance and management requirements for cooperatives in the Philippines. It outlines required training courses for different types of cooperatives, covering topics like fundamentals of cooperatives, governance and management. It specifies training hours and deadlines for cooperative officers to complete the courses. The training courses aim to develop officers' skills in financial management, governance, operations and other areas important for effective cooperative management.
Implementing Rules and regulations of RA 9520jo bitonio
The revised implementing rules and regulations of the Philippine Cooperative Code of 2008 (RA 9520) highlight several key changes, including redefining certain terms, restricting the registration of multipurpose cooperatives, restructuring training requirements for cooperative officers, simplifying reporting requirements, and clarifying the roles of partner agencies in cooperative registration and regulation. The revisions also address subsidiary cooperatives, representative assemblies, mergers and consolidations, and capitalization and accounting procedures.
The document provides information about organizing a primary cooperative, including requirements for membership, articles of cooperation, bylaws, registration, and types of membership. Fifteen or more individuals who are Filipino citizens of legal age and have a common bond can organize a cooperative by submitting economic data, articles of cooperation, and bylaws to the cooperative authority for registration. A cooperative has legal status once registered and issues certificates of registration. Membership types include regular and associate members. Government officers and employees have restrictions on cooperative involvement.
The document provides guidance on strategic planning for cooperatives. It discusses the key components of a strategic plan including environmental scanning, vision/mission, objectives, strategies, policies, implementation programs and projects, budgets, and performance evaluation. It emphasizes developing objectives that are specific, measurable, achievable, relevant and time-bound. The strategic management model outlines the process of formulation, implementation, and evaluation of strategies. References for further information on strategic planning for cooperatives are also provided.
This document outlines various requirements and best practices for cooperatives in the Philippines. It states that cooperatives must allocate allowances for probable loan losses, apply for tax exemption with BIR, and submit yearly reports to CDA to maintain their Certificate of Operation. It also describes the COOP-PESOS rating system used by CDA to evaluate cooperatives' soundness. Additional requirements include proper documentation of loans, regular financial audits, and developing strategic plans.
Fundamental of Cooperatives by PCEDO and PCDCjo bitonio
This document provides an overview of fundamentals of cooperatives from the perspective of CDA Regional Office 1. It discusses legal bases for cooperatives, requirements such as developing a strategic plan within 90 days of registration and having the strategic plan approved by members. It also outlines requirements for an annual plan, hiring an external auditor, and accepting audited financial statements. Additional topics covered include developing education and training plans, gender and development plans, succession plans, and policies on training fund allocation. The document emphasizes the importance of continuous learning, taking small steps, prioritizing education and training, and what makes cooperatives unique in being member-owned and values-based. It concludes with messages about the importance of compliance, capital build up,
Governance and Mgmt for Co-ops Part - I.pdfjo bitonio
The document discusses governance and management requirements for cooperatives in the Philippines. It outlines the required training courses for different types of cooperatives, including fundamentals of cooperatives and governance and management. It specifies the training hours and topics required for officers of micro-cooperatives versus larger cooperatives. Additional optional trainings are also recommended to enhance officers' skills in areas like financial management, leadership, and strategic planning. Guidelines include a requirement for officers to complete mandatory trainings within the first half of their term.
Orientation for Cooperative in Education and Training Committee jo bitonio
The document provides an orientation for the Education and Training Committee (ETC) of a cooperative. It discusses the composition, roles, and responsibilities of the ETC. The ETC is responsible for planning, developing, implementing, and evaluating educational programs for cooperative members, officers, and staff. This includes developing training materials, implementing educational plans, and reporting annually to the General Assembly. The ETC also oversees membership recruitment, sustainability, and continuing education efforts.
A cooperative is a registered association of people who voluntarily join together to achieve social, economic, and cultural needs through equitable contributions and sharing of risks and benefits. Cooperatives can be organized for purposes like encouraging thrift and savings, providing credit, systematic production and marketing, and goods/services to members. The primary objective of cooperatives is to improve members' quality of life by providing goods/services to increase income and purchasing power, optimum benefits, efficient ways of doing business, new ideas, and ownership for lower income groups. Cooperatives also aim to cooperate with other organizations to further attainment of objectives.
Upholding Accountability and Integrity In Cooperatives Through Policies and ...jo bitonio
Upholding accountability and integrity in cooperatives requires establishing clear policies and decision-making structures. The document discusses the importance of having a cooperative code of governance and ethical standards to guide behavior. It also emphasizes revamping organizational culture to promote accountability, such as setting goals, monitoring performance, and leading by example. Establishing committees and training programs can help enforce policies and allocate responsibilities to strengthen accountability in cooperatives.
The document discusses strategic planning and management for cooperatives. It provides examples of programs and projects from cooperatives like Narra Multi-Purpose Cooperative and Tubao Credit Cooperative. It also outlines key responsibilities for cooperative boards, including formulating strategic plans, setting policies and procedures, and overseeing management. Strategies for cooperatives are described as the means to deliver services and pursue objectives through building capability, allocating resources, motivating people, and driving continuous improvement.
This document discusses the Global Dollar Builder Credit Cooperative (GDBCC), which promotes savings and loans among its members. It notes that all cooperatives must register with the Cooperative Development Authority according to the Philippine Cooperative Code of 2008. The document outlines GDBCC's products and services like online member accounts, ebooks/software, insurance, and loans. It compares GDBCC's benefits and compensation plan to traditional banks and cooperatives, noting advantages like 0% interest loans, no credit checks, and ability to qualify for loans without paying share capital upfront. Members can earn through referrals in GDBCC's network marketing-style compensation plan.
The document provides guidance on organizing a primary cooperative in the Philippines. It outlines 6 key steps: 1) get organized with at least 15 members, 2) prepare an economic survey, 3) draft by-laws, 4) draft articles of cooperation, 5) secure a bond from accountable officers, and 6) register with the Cooperative Development Authority (CDA). It also describes requirements for membership, types of membership, and guidelines for preparing an economic survey, which is a feasibility study describing the cooperative's structure, purpose, and financial projections.
SIDDHESWAR CO-OPERATIVE BANK LTD, BIJAPUR arun savukar
The document provides information about cooperative societies and Siddheswar Cooperative Bank Ltd in Bijapur. It discusses that cooperative societies are voluntary associations formed to benefit members through mutual assistance. Siddheswar Cooperative Bank Ltd was established in 1912 to provide financial services to poor and middle class individuals. The document outlines the key features of cooperative societies, how they are established and registered, their administration, types of cooperative societies, and components of working capital for businesses.
Calasiao Plant and Related Companies Employees MPC: Best Practicesjo bitonio
The Calasiao Plant and Related Companies Employees' Multi-purpose Cooperative was established in 1987 to help employees avoid predatory lending practices. It has grown significantly over 25 years from 104 members and $57,242 in capital to over 2,800 members and millions in assets. The cooperative offers a variety of financial services and has expanded into commercial real estate and business ventures. It has a consistent record of awards for outstanding performance and takes pride in its self-reliance, low interest rates for members, and community support. The cooperative has ambitious plans to double its membership and assets in the next five years.
1) StretchPay is an alternative loan program to payday loans offered through credit unions. It provides short-term lines of credit up to $250 or $500 with affordable repayment terms and fees.
2) It began as a pilot program through 11 credit unions in Ohio to test offering small dollar loans. Over 35 credit unions nationwide are now considering participating.
3) Credit unions can join through a CUSO which reimburses 90% of credit losses, allowing them to offer the loans without taking on significant risk. The CUSO manages the program and risk sharing nationally.
This document provides an overview of international business and different business structures. It discusses sole proprietorships, partnerships, limited liability companies, and corporations. For each structure, it outlines key characteristics such as ownership, liability, taxation, and regulations. The document also covers the business environment, defining it as the internal and external factors that can impact a company's operations, including personnel, customers, suppliers, owners, government, technology, social trends, and the economy. These environmental factors present both opportunities and risks for businesses.
This document discusses different types of businesses and factors to consider when deciding what type to launch. It describes sole proprietorships, partnerships, limited partnerships, corporations, limited liability companies, non-profit organizations, and cooperatives. Sole proprietorships are the simplest, while corporations are more complex. Limited liability companies are now very common for online businesses as they provide liability protection but fewer legal requirements than corporations. The document advises considering business needs, funding sources, and legal structure when choosing a business type to match different situations.
This document congratulates Suyo MPC on their commitment to socioeconomic development and nation building through their cooperative model. It discusses the cooperative's role in providing business opportunities and stability to the community. The document outlines several recommendations, including providing affordable and timely services, assisting small businesses, developing employment and financial programs, creating new business opportunities, and fully utilizing community development funds. It reminds members that the cooperative must submit members' credit and tax information to relevant agencies as required by law.
This document discusses financial management for small businesses. It covers topics such as the difference between accounting and finance, major activities in finance like planning, control and decision making, and how finance can affect the selection of a business's organizational type. It also discusses sources of capital for small businesses, including equity, debt and internal funds. Breakeven analysis is explained as a tool to determine the sales needed to break even. Maintaining relationships with bankers and understanding their loan evaluation process (CAMPARI) is also covered.
Organizational structure for your businessMarc Parham
This document discusses structuring a business, including managing internal and external environments. It addresses organizational structure, legal structures like LLCs and corporations. Managing the internal environment includes human resources issues like ensuring communication, balancing schedules to reduce stress, and setting employee duties, tasks and responsibilities. Managing the external environment involves government agencies' impact and how to work with them. Effective management and developing a strong business team are also discussed.
The document provides information on how to register a cooperative with the Cooperative Development Authority (CDA) in the Philippines. There are 9 steps to registering a cooperative: 1) organize members, 2) reserve the cooperative name, 3) prepare an economic survey, 4) prepare bylaws, 5) prepare articles of cooperation, 6) secure bonds for accountable officers, 7) execute a treasurer's affidavit, 8) complete cooperative education, 9) register with CDA. Registration fees vary from 500 PHP for primary cooperatives to 3,000 PHP for tertiary cooperatives. The CDA is the sole agency responsible for registering all types of cooperatives in the Philippines.
The co-operative movement that was started to help the rural indebtedness has now made noticeable progress. The sector has grown in size and expanses, resulting in creating a space for itself in the economic framework of the country. Professionals like chartered accountants can too contribute to the nation by serving such cooperatives and reaching out to society. With their excellent technical and soft skills, they are well fitted for the role of assistance to cooperatives banks, multi-state cooperative societies, cooperative societies, and can serve the cooperative sector ultimately serve the nation.
The document discusses different types of ownership organizations for small businesses, including sole proprietorships, partnerships, joint-stock companies, and cooperative societies. It analyzes factors to consider when selecting an organizational structure, such as capital requirements, risk, and regulations. For each type, it outlines key features, advantages, and disadvantages. Sole proprietorships offer maximum control but unlimited liability, while partnerships allow more capital but require agreement between owners. Joint-stock companies facilitate raising funds but involve more legal processes. Cooperative societies provide benefits through member cooperation but may lack specialized management skills.
This document provides an overview of different types of business entities and their pros and cons. It discusses sole proprietorships, general partnerships, limited partnerships, limited liability partnerships, limited liability limited partnerships, limited liability companies, professional limited liability companies, C-corporations, S-corporations, professional corporations, B-corporations, nonprofits, estates, municipalities, and cooperatives. For some of these entity types, it lists their key pros and cons in bullet points. It also briefly defines and compares e-government and e-governance.
The document discusses the formation of cooperative credit societies to address the financial needs of employees. It notes that employees often face economic hardship due to low wages that do not cover basic necessities. Cooperative credit societies can help by providing cheap credit and supplying goods at fair prices. The key principles of cooperatives are voluntary membership, democratic control, and distributing surplus funds to members. Cooperatives are financed through non-repayable fees, transferable shares, and deposits from members. Forming credit cooperatives allows employees to assist each other by addressing their shared need for affordable credit.
The document discusses different forms of business organization including proprietorships, partnerships, and corporations. It describes the key characteristics of each structure such as ownership, liability, management control, taxes, and other attributes. The optimal structure depends on factors like the capital needs, goals for control and decision making, tax implications, and ability to raise funds for the business. Later sections cover establishing an effective management team, board of directors, and organizational design.
Difference between Private Limited Company vs LLPSatish Naik
The document discusses the key differences between a private limited company and a limited liability partnership (LLP) when deciding on a business structure in India. Some of the main differences highlighted include:
- Private limited companies have a longer history and more widespread recognition, while LLPs are a newer structure.
- Formation and registration costs are typically lower for LLPs.
- Private limited companies require audited financials annually, while LLPs only require audits if certain revenue/capital thresholds are met.
- Private limited companies allow for easier transfer of ownership through share trading, while ownership is not as clearly separated from management in LLPs.
- Non-compliance penalties tend to be
DEB 904-Micro, Small and Medium Enterprises- Ngoje.pptxPolycarp Ngoje
This document discusses Micro, Small and Medium Enterprises (MSMEs) and the steps to starting an MSME. It provides an overview of the economic and social benefits of MSMEs, such as generating local employment, equitable income distribution, and rural development. It then outlines 21 steps to starting an MSME, including conducting a SWOT analysis, environmental scanning, product selection, market research, financing, site location, and obtaining necessary licenses and registrations. Finally, it discusses the different legal forms an MSME can take, such as sole proprietorships, general partnerships, limited liability companies, corporations and trusts.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
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[To download this presentation, visit:
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GDBCC PMES
1. All Cooperatives must be registered with the Cooperative Development
Authority (CDA) as mandated under Contact 09392369981 9520 known as the PHILIPPINE
Join Now:
Republic Act.
July 15, 2012
COOPERATIVE CODE of 2008.
jdb.ecoop@gmail.com
2. www.globaldollarbuilder.net
All GDBCC members are
required to attend PMES
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July 15, 2012
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3. Welcome to our
Pre-Membership Education Seminar
Pre-membership Education Seminar
(PMES) is the first step to undertake We will show you how to
before joining a cooperative. join our coop the thrift way.
You will gain basic knowledge about
cooperative and the cooperative that No member will be accepted
you are going to join.
in our cooperative without
Part I of this presentation deals with undergoing Pre-Membership
the Concepts of Cooperative. Education Seminar (PMES).
Part II will discuss about Global Dollar
Builder Credit Cooperative.
You can have your PMES OFFLINE through our main office in Pasig City or at any
sector center nearest your area or you can have it ONLINE. This presentation is
intended for online PMES for our new members who are unable to attend at our
office or sector centers . The topics presented here are basically the same.
Disclaimer: This presentation is our team’s effort to impart knowledge about cooperative and Global Dollar
Builder Credit Cooperative. The topics presented here are also found in our Education & Training site.
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4. Part I Basic Concepts of Part II Global Dollar Builder
Cooperative Credit Cooperative (GDBCC)
Republic Act No. 9520 Legalities (Business Permits)
What is a Cooperative? Brief Background of GDBCC
Principles of Cooperative Board of Directors
Types of Cooperative GDBCC Products & Services
Categories of Cooperative Advantages of GDBCC
General Steps in Forming a Coop How to Get Started
Kinds of Membership GDBCC Member Benefits
Kinds of Common Bond of Interest Income Potential
Summary of Benefits Ways to Earn as GDBCC Members
Sources of Cooperative Funds Dollar Compensation Plan
Organizational Structure Power Peso Compensation Plan
Basic Duties of Coop Members FREE E-Books
Success Factors of Cooperative Future Projects
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6. What is a Cooperative?
A cooperative is a duly registered association of persons with a common
bond of interest, who have voluntarily joined together to achieve a lawful
common social or economic end, making equitable to contribution to the
capital required and accepting a fair share of the risks and benefits of the
undertaking in accordance with universally accepted cooperative principle.
Characteristics of a Cooperative
◊ Autonomous and Duly Registered Association
◊ Common Bond of Interest
◊ Voluntarily Joined Together
◊ Achieve Social, Economic and Cultural Needs and
Aspirations
◊ Equitable Contributions
◊ Patronizing Products and Services
◊ Share Risks and Benefits
◊ Cooperative Principles
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7. What are the Principles of Cooperative?
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8. What are the Types of Cooperatives?
There are various types depending on the common interest of members that unite
to form a cooperative. The main types are credit, consumer, producer, service and
multi-purpose cooperatives.
Credit Cooperative: Promotes thrift and savings among its members and
creates funds in order to grant loans for productivity.
Consumer Cooperative: The primary purpose is to procure and distribute
commodities to members and non-members.
Producers Cooperative: Undertakes joint production whether agricultural
like farmers/fishermen cooperatives or industrial like dairy cooperatives.
Service Cooperative: Engages in medical, health or dental care;
hospitalization, transportation, insurance, housing , labor, electric light and
power, communication, financial, coop bank, education , advocacy, agrarian,
and other services.
Multi-Purpose Cooperative: Combines two (2) or more of the business
activities of these different types of cooperatives.
Global Dollar Builder Credit Cooperative (GDBCC) is a
credit type cooperative.
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9. What are the categories of a Cooperative?
According to membership and territory, the following are the
categories of cooperatives:
In terms of membership:
I. Primary: The members of which are natural persons of legal age;
II. Secondary: The members of which are primaries; and
III. Tertiary: The member of which are secondaries upward to one or
more apex organizations. Cooperatives whose members are
cooperatives are called federations or unions.
In terms of territory, cooperatives are categorized according to areas
of operation which may not coincide with the political subdivisions of
the country.
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10. General Steps in Forming a Cooperative?
1. First, get organized
2. Second, prepare a general statement called an economic
survey
3. Third, draft the cooperatives by-laws
4. Fourth, draft the articles of cooperation
5. Sixth, register your cooperative with the Cooperative
Development Authority (CDA)
*Note: In every step, you may consult the CDA. The CDA
emphasizes education as a key to the success of cooperatives.
What is an Economic Survey?
An economic survey is a general statement describing the structure, purpose, economic
feasibility of the proposed cooperative, area of operation, size of membership and other
pertinent data. It is, in fact a project feasibility study The structure describes the kind of
cooperative being set, up whether it is primary, secondary or tertiary and whether it is a
credit, consumer transport or any other type of coop.
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11. Who May Become Members of a Primary Cooperative?
If you are a Filipino of legal age, you can be a coop member if you
meet the qualifications prescribed by the coop's by laws. The board of
directors act on application for membership. A member may exercise
his rights only after having paid the fees for membership and acquired
shares in the cooperative.
Can Government Officers and Employees Join a Cooperative?
Yes, provided that: Any officer of the government of the CDA shall be
disqualified to be elected or appointed to any position in a cooperative;
Elected officials of the government, except barangay officials, shall be
ineligible to become officers and directors of cooperatives; and Any
government employee may, in the discharge of his duties as member in
the cooperative, use official time provided that the operations of the
office where he works are not adversely affected.
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12. Cooperative By-Laws
The qualifications for membership; how they are acquired, maintained and lost;
The rights and obligations of members;
The condition for transfer of a share of interest;
The rules and procedures covering agenda, time, place, and manner of calling, covering ,
conduct meeting, quorum requirements, voting system, and other, matters related to the
business affairs of the general assembly, board of directors, and committees;
The general conduct of the affairs of the cooperative , including the powers and duties of
the general assembly, board of directors, committees and the officers, and their qualifications
and disqualifications;
The manner in which capital may be raise and purpose for which it can be utilized;
The mode of custody and investment of net surplus;
The accounting and auditing systems.
The manner and limitations of loaning and borrowing, including limitations;
The methods of distribution of net surplus;
The manner of adopting, amending, repealing, and abrogating by-laws;
A conciliation or mediation mechanism for the amicable settlement of disputes among
members, directors, officers and committees; and
Other matter pertaining to the purpose and activities of the cooperative.
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13. Content of The Article of Cooperation
The Article of Cooperation is a duly notarized document that legally binds all the
signatories in the formation of a cooperative. It should contain:
The name of the cooperative which shall include the word "e; cooperative, "e;
e.g. Global Dollar Builder Credit Cooperative;
The purpose of the cooperative and scope of business;
The term of existence of the cooperative (not more than 50 years);
The area of operation and the postal address of the registrants;
The common bond of membership;
The list of names of the directors who shall manage the cooperative; and
The amount of its share capital, the names, and residences of its contributors
and a statement of whether the cooperative is primary, secondary of tertiary in
accordance with Article 23 of R.A 6938.
What is the Minimum Number of Members in a Cooperative?
Fifteen (15) natural persons of legal age who are citizens of the
Philippines
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14. What Are The General Requirements in Registering a Cooperative?
You will need four copies each of the Economic Survey, By-Laws and Articles of Cooperation.
The Articles of Cooperation should be duly notarized and accompanied by there following.
Bonds of the accountable officers (any director, officer and employee handling funds,
securities offices and employee handling funds, securities or properties on behalf of the
cooperative. The board of directors determine the amount of bonds required based on the
initial network which shall include the paid-up capital, membership fees and other assets of
the cooperative at the time of registration); and Sworn statement of the treasurer showing
that at least 25% of the authorized share has been subscribed and at least 25% of the total
subscription has been paid. The paid-up capital must not be less than P2,000. It must be
noted that no member may own more than 20% of the subscribed capital; and that each
share must not be less than P1.00.
How Much Is The Registration Fee?
CDA Memorandum Circular No. 92-004, effective 01 May 1992 provides that registration fee
shall be one tenth (1/10) of one percent of the paid-up share capital with the minimum of:
P250 for new primary cooperative; P500 for secondary cooperative, P2,000.00 for tertiary
cooperative while laboratory cooperative is free of charge.
Cooperative Process WELFARE Articles of Cooperation By Laws, Rules & Regulations Other
policies BOD’s Committee Officers/ members GENERAL ASSEMBLY Elect/appoints
Plan/formulates.
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15. What are the kinds of Membership?
A regular member is one who is entitled to all the rights
and privileges of membership as stated in the Cooperative
Code and Articles of Cooperation and By Laws.
An associate member is one who has no right to vote and
be voted upon and is entitled only to such rights and
privileges under R A 9520, usually given 2 years to prove
his/her worth to become a regular member and subject to the
approval of the Board of Directors.
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16. What are the kinds of common bond of interest?
Residential Global Dollar Builder
Credit Cooperative
Institutional (GDBCC) common bond of
interest is associational and
to become a regular coop
Occupational member with GDBCC, you
must be registered and do
your duties as a member.
Associational
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17. Summary of Benefits derived from membership in
cooperatives
Economic Benefits
Members develop the habit of thrift and the wise use of money.
Members avail of loans at reasonable rate of interest for productive
and provident purposes; thus, increasing the members' income.
Social Benefits
Members develop awareness in solving common problems or needs
among themselves.
Members develop the feeling of belongingness, love and concern for
fellowmen.
Membership in cooperative inculcates unified participation in
community affairs
Political Benefits
Advocacy
Check and Balance
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18. How Is The Net Surplus Of A Cooperative Allocated And Distributed?
As far as the coop is concerned, this excess payment or surplus is considered as having
been returned to the members if the surplus is distributed in the following manner: First
priority goes to the reserve fund at least 10 percent of the net surplus. Second priority
goes to the Education and Training fund which is not more than 10 percent of net surplus
Third priority is an optional fund, a land and building fund, community development fund
and any other necessary funds.
What Are The General Privileges Enjoyed By Cooperatives?
These privileges are: Three rights to deposit their valuable in government offices free of
charge with the government official acting as custodian of such valuables. Free use of
space, when the cooperative members are government employees, in the same
government office. Special types of coops like cold storage, electricity, transport and
similar services can open their membership to all persons qualified in their areas of
operation. The preferential right to supply government offices with their produce, in the
allocation of fertilizer and rice distribution, use of butteries for shipment of their goods,
and in the management of public markets. Entitlement to loans, credit line, and
rediscounting of notes with government financial institution like PNB, Land Bank and
DBP. Exemption from prequalification requirements when bidding for a government
project. The right to be represented by the provincial or city fiscal or the Office of the
Solicitor general, free of charge in legal suits.
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19. Sources of Cooperative Funds
Share Capital
Savings Mobilization & Capital Build
Savings Deposit Up Program (SMCBUP):
Loans from Members
Revolving Capital - Share Capital Build Up
Capital, Fees: Membership, • A cooperative shall have a capital
Transfer, Fines/Penalties formation process for the operation
Dividend/Patronage Refund of its business
Retentions - Services, • The capitalization of cooperatives
Goods/Products and the accounting therefore shall
External Sources: Loans or be governed by the provisions of
Borrowings, Subsidies, Grants, the Cooperative Code and the
Aids, Donations regulations issued hereunder
Other Sources: Fund-Raising
Activities • The shares of cooperatives are
registered with the CDA those of
GDBCC SHARE CAPITAL corporations are registered with
Every member who joins is entitled to a coop SEC
share of 22 shares valued at P100 per share
based on the minimum subscribed capital.
This comes as part of your earning.
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20. Capital Sources Savings Mobilization
Art 73. Capital Sources – Savings is encouraged to cooperatives
Cooperative registered under this to augment the group business that
Code may derived their capital from members engaged into. It could be
any of all of the following: used for expansion of the enterprise.
Some of the savings schemes used by
Member’s share capital;
Loans and borrowings including most cooperatives are the following:
deposits;
Revolving capital which consists “Piso-piso deposito” or One Peso
of the differed payment of a day savings
patronage refunds, or interests on Birthday Regalo (for Christians) &
share capital; and Ramadhan Regalo (for Muslims)
Subsidies, donations, legacies, Raffle tickets or raffle draws
grants, aids and such other Twenty Five centavos retention to
assistance from any local or
foreign institution whether every item being sold by
public or private cooperative store (or any amount
agreed)
Other savings schemes
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21. Does A Cooperative Follow A Basic Organizational
Structure?
• Yes. A cooperative will need at least the
following for its day to day operation.
– General Assembly
– Board of Directors
– Set of Officers
– Committee System
– Hired management/ paid employees
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22. A cooperative needs an organizational structure for its day to day operation.
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23. What Is The General Assembly? What Are The Powers Of The
The General Assembly is the highest General Assembly?
policy-making body of the
cooperative and is the final authority The General Assembly has the
in the management and administration following exclusive powers which
of the affairs of the cooperative. cannot be delegated:
It is composed of members who are
entitled to vote, duly assembled and To determine and approve
constituting quorum.
amendments to the articles of
The general assembly holds at least cooperation and by laws;
one meeting a year; the date of the
meeting is fixed in the by laws, or To elect or appoint the members of
within 90 days after the close of each the board of directors, and to remove
fiscal year. them for cause;
For newly registered cooperatives a To approve developmental plans of
special general assembly meeting the cooperative; and
must be called within 90 days from Other matters requiring a 2/3 vote of
the date of approval. all the members of the general
assembly
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24. What Is The Board Of Directors? Who Can Be Members Of The Board
• The Board of Directors is the body Of Directors?
that formulates policies, directs,
supervises and manage the business All regular members who meet the
of the cooperative. qualification and none of the
• It is composed of five (5) to fifteen disqualification set by the laws of the
(15) members elected by the general cooperative can be elected to the board
assembly. of directors.
• Their term of office is determined by
the laws of the cooperative. A term How Are The Officers Of The
of office must not exceed two years.
Also no director can serve for more Cooperative Chosen?
than three (3) consecutive terms. • The board of directors elect among
• The board of directors must hold themselves only the chairman and
monthly meetings, unless the by laws vice- chairman.
say otherwise. Special meetings may • Then they either elect or appoint the
be called any time by the chairman. other officers needed by the
• Directors cannot attend or vote by cooperative, such as the treasurer who
proxy at board meetings. takes custody of all the moneys,
securities and papers and maintains
complete records of its cash
transactions and secretary who keeps
the records of the cooperative.
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25. What Books Should Be Maintained
What Are The Committees Needed By A And Kept Open?
Cooperative?
Through the bylaws, a cooperative may be form Books to be maintained and kept open to
any committee it thinks necessary for its operation. the members of the cooperative and the
An executive committee may also be formed. The CDA are :
board of directors appoints its members and may, • A copy of the Cooperative Code of the
through a majority vote, delegate powers to it. Philippines and all other laws about
As a reminder an audit committee must be cooperatives;
provided for in the bylaws of the cooperative. • A copy of the regulations of the CDA;
• A register of member;
What Constitutes A Quorum?
• Minutes of the meetings of the general
Unless the by laws define it otherwise, a assembly, board of directors and
quorum consist of 25% of all the regular committees; Share books;
members entitled to vote. For the board of • Financial statements; and
directors a simple majority of its member • Other documents as may be prescribed by
makes a quorum. laws or the by-laws.
Is There A Needed For An Annual Are Cooperatives Required To Be Audited
Annually?
Report? Yes, Cooperatives are subject to an annual audit
Yes. An annual report about the affairs of the by an auditor who is independent of the
cooperative must be given to each member cooperative being audited and of any subsidiary
and to the federation/union to which it is of the cooperative and is a member of any
affiliated and the CDA every fiscal year. recognized professional accounting or
Failure to file the annual report may result in cooperative auditor's association with similar
cancellation of the certificate of registration qualifications.
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26. Basic duties of a Coop member
† Patronize products and services
† Attend meetings, education, trainings to be updated
† Participate in the General Assembly
† Faithfully do coop obligations
† Participate in other activities of the coop
† Share coop benefits to others by inviting them to
join the coop
† Adhere to the by laws of the cooperative
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27. What are the Success Factors of Cooperative
• Members recognition of common needs
• Members determination to help themselves
• Members conviction that group action offer advantageous
• Presence of good members and capable dedicated leaders
• Good record keeping system
• Frequent Audit
• Continuous cooperative education
• Training of officers and members
• Proper Guidance
• Other factors: Financial Assistance
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28. Part II of this presentation is
about
Global Dollar Builder Credit
Cooperative
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31. Brief Background
Global Dollar Builder Credit Cooperative (GDBCC) is duly registered with the Cooperative
Development Authority, a government agency responsible in managing and monitoring
the different cooperatives of the Philippines.
Head Office: Unit-16 & 26 2nd/F San Elias Bldg
38 Ortigas Ave. Ext., Rosario, Pasig City
Our Website:
GLOBAL DOLLAR BUILDER CREDIT COOPERATIVE (GDBCC) main objective is to
ensure that all members and their families could operate their own financial
savings.
The Cooperative in association with GLOBAL DOLLAR BUILDER NETWORK
ASSOCIATION OF THE PHILIPPINES INC. driven by all members of quality service,
innovative products and community spirit. As stated in its charter, its primary
mission is “to promote thrift and create a source of credit for provident and
productive purposes”.
To this end, GDBCC steadfastly has provided improved and expanded services for
the benefit to its members.
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32. Our Mission
We are a progressive cooperative:
dedicated to serve the Global Dollar Builder Credit Cooperative community by
providing loans and other financial services with fairness, honesty, transparency,
and efficiency
concerned with the total welfare of its members; and
strengthened by the spirit of cooperation, involvement, and social transformation.
Our Vision
The Global Dollar Builder Credit Cooperative develops a community spirit striving
to become true Witness to the Word and living principles of Unity, Service, and
Commitment.
Our Goals
Maintain an efficient operational system in the delivery of services;
Encourage thrift and savings mobilization among the members;
Extend services to enable members and their families to improve their lives;
Undertake community extension activities intended for the development of
identified beneficiaries; and
Promote the cooperative movement in collaboration with government and non-
government organizations.
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33. GDBCC Board of Directors & Officers
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34. GDBCC Board of Directors & Officers
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jdb.ecoop@gmail.com
35. Summary of GDBCC Products & Services
Online Member Panel This is the first thing that you will receive once you pay your membership fee. Branded as
an e-Coop, we will provide you with your member online site where you will access the
benefits our cooperative will give you. Register online in our website, then log in to enter
your member panel to access e-Wallet, transfer funds, view earnings, view coop
members under you, update profile, etc.
E-Books, Software & These are available when you log in to your member site. You can download them, use or
Videos resell and keep the profits 100%.
Accident Insurance Fill up form, scan it and together with your scanned 2 x 2 ID picture, send it to
info@globaldollarbuilder.com to process your insurance and your coop ID.
Loans 0% interest cash loans from P5,000.00 to P50,000.00; emergency loans; business loans
from P80,000 to P500,000; Car and housing loans
Coop Share Capital 22 Coop Shares valued at P100 per share so a total of P2,200 per coop member
GDB Wealth Fund If a coop member dies, members will contribute ($2 each) to be given to the family of the
deceased member. Maximum amount to be given is $20,000.00.
Dividend This is availed yearly. Patronage Refund.
Savings Potential A part of your earning will be go to your savings.
Business/Earning Once you register as a coop member, you will automatically become part of this
Opportunity opportunity. You earn every time you referred an individual to our cooperative. This is
one way of helping our cooperative grow. Put up a Sector Center for more income.
Others Power Peso Fund: Hospitalization/Medical Assistance, Scholarships at P8,000 per cycle,
Travel Packages at P13,000 per cycle, Health Packages are some additional incentives for
July 15, 2012
our coop members. Now: Contact 09392369981
Join
jdb.ecoop@gmail.com
Future Projects GDB Appartelle, Housing, Livelihood, etc.
36. Banks, Lending & Other Cooperatives Global Dollar Builder Cooperative
Loan Requirement: Accomplish documents like Once you join as coop member, just share or refer 2
proof of income (COE, ITR, Pay slip, deposits, etc.), people you know to join our coop & encourage them to
billing address, need comaker, etc. They will also do refer 2 each, etc.
credit investigation (CI). No Comaker, No Credit Investigation
Loan Interest: Charge 0.5 to 5% Interest Rate 0% Loan Interest Rate
Loan Approval: 50/50 Chance of approval, may be 100% Approval if complied with the minimum
declined or get a partial of loan amount applied even requirement. The more coop members under you, the
if complied with all requirements greater loan amount to apply.
New Coop Members First Loan: Apply for your You can apply for your first loan of P5,000.00 if you
first loan only if you paid your share capital which have at least 6 coop members under you (your 2 direct
is the basis of your loanable amount. referral and their 2 each).
New Coop Members loan amount: Twice the paid No need to pay for your coop share to apply for your
share capital. Ex: To loan for P5,000; paid share first loan of P5,000.00. Loan amount increases if the
capital should be P2,500 number of coop members under you increase.
Other Coop’s Duration of processing first loan Only 20 days processing for your first loan and the
usually takes 1 month or more. next loans will be 7 days
Coop Share Capital: Most cooperatives require you 22 Coop Share valued at P100 per share, total of
to pay in cash or in installment which may range P2,200 to be paid when you reach your second level
from P2000 or more. cycle as generated by our system
Business/Earning Opportunity: Limited to We help build our coop and our efforts is compensated
Dividend/Patronage Refund through Dollar & Peso Earnings. Bounded by the
principle of cooperative, we practice by helping one
another through the spirit of cooperation.
Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
37. How to get started?
All types of cooperatives have a membership requirement and fees.
After this PMES, you can join our cooperative by paying the one-time
membership fee of $25 or 110 Riyals or P1,100.
Payment can be accepted through our main office via Bank
Transfer/Deposit, G-Cash, SmartMoney, Pay Cash, Pera Padala
(Western Union, Cebuana) or through your Sponsor.
You will be given an activation code to register to our website for your
member panel where you will monitor your earnings, coop members
under your group, online transfer of funds, online loan application, etc.
We will teach you how to avail our coop products and services that will
help you in your financial needs.
Contact your Sponsor on how to pay.
Email: jdb.ecoop@gmail.com
Mobile: +639392369981 Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
38. Who can join Global Dollar Builder Credit
Cooperative (GDBCC)?
Any voluntary individual of legal age whether you are
residing in the Philippines or internationally working
abroad, willing to accept and be part of our unique
thrift cooperative principle and do the basic duties of
being a coop member to help one another achieve
better lives for all.
Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
39. IS ALL YOU NEED! ! !
and you will get all the
coop benefits!!!
Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
43. July 15, 2012 Join Now: Contact 09392369981
jdb.ecoop@gmail.com
44. GDBCC Income potential!
We combined the principles of cooperative to our unique system
to come up with a compensation plan wherein our coop members
will benefit as our cooperative grows. Each member is given a
chance to earn. Just be open minded to see the beauty and
advantages of the system compared to a traditional cooperative
way.
The growth, strength and success of a cooperative depends on
its members. What we offer here is an opportunity to join a
cooperative without paying out of your pocket your share capital,
savings, etc. Your efforts in helping our cooperative grow by just
referring and sharing to people you know will be compensated
with a chance to earn in dollars and peso.
Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
47. 2 Direct Referral System
Left Right
A B
Left Side Right Side
On your Direct Downline on
the right side, all LEG A each
P500 as direct referral
unlimited
Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
48. FREE e-BOOKS
E-Books, Software, Graphics, Videos
Life Time Membership
GDB Credit Cooperative & Yearly Accident Life Insurance
Unlimited Commission–
$50 to $800 per cycle matrix
plus P500 POWER PESO Referral Income – system will
automatically put your downlines
Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
50. Ways to Earn as GDB Credit Cooperative Member
Dollar Compensation Earn from $50 to $800 every time coop members under you
Plan cycle.
Earn $5 to $10 Direct Referral. Every time you refer someone to
become cooperative member, you will receive $5 to $10.
Since you already filled up your initial 2 direct referrals on your
left and right side, those you refer will be spilled over to the coop
members under you. This promotes cooperation by helping those
under you to earn also.
Peso Power To qualify for the Peso Power Incentives, you only need 2 direct
Compensation Plan referrals to earn unlimited P500 and P15,000 to P45,000
incentives. Our system will generate this for you.
Sector Center You can apply for a sector center to earn sector income. You will
be given fund for 12 e-Pins, earn $1.5 (P60) per registered
members, P50 per loan processing, etc.
E-Books, Softwares & Download and resell and keep the profits 100%.
Videos Resale
*Please see our GDBCC Income Presentation for details. More incentives.
All transactions can be monitored online in your member panel site provided to you.
Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
52. Don’t Miss the Real chance of financial freedom and greater well-being
Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
53. Again, how to become a coop member?
Attend our PMES which you can avail online like this
one or offline in our office.
Register by paying the registration fee of P$25 or 110
Riyals or P1,100
You can send your registration fee to your sponsor
who will assist you in getting the activation code so
you can register on our website.
Enjoy and share the benefits of our coop members!
Contact: jdb.ecoop@gmail.com
Mobile: 09392369981
Join Now: Contact 09392369981
July 15, 2012
jdb.ecoop@gmail.com
Register now:Contact: +639392369981 or email: jdb.ecoop@gmail.com
The basic laws that govern organization and administration of cooperatives in the Philippines are Republic Act 6938 known as Cooperative Code of the Philippines and Republic Act 6939 creating the Cooperative Development Authority which is amended by Republic Act No. 9520 known as the “Philippine Cooperative Code of 2008.”By Laws RA 9520 or the Philippine Code of 2008 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. By Laws RA 9520 or the Philippine Code of 2008Section 2. Powers of the General Assembly . Subject to the pertinent provisions of the Cooperative Code and the rules issued thereunder, the general assembly shall have the following exclusive powers which cannot be delegated: By Laws RA 9520 or the Philippine Code of 2008Section 2 . Powers of the General Assembly . 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 some of its power to a smaller body of the cooperative as authorized by the Philippine Cooperative Code of 2008. By Laws RA 9520 or the Philippine Code of 2008Section 3. Meetings . Meetings of the general assembly, board of directors and committees may be regular or special. All proceedings and businesses undertaken at any meeting of the general assembly or Board of Directors, if within the powers or authority of the Cooperative, there being a quorum, shall be valid. By Laws RA 9520 or the Philippine Code of 2008Section 4. Regular General Assembly Meeting . The General Assembly shall hold its annual regular meeting at the principal office of the Cooperative or at any place within the Philippines on the ______ of _________ of every year. By Laws RA 9520 or the Philippine Code of 2008Section 5. Special General Assembly Meeting . The Board of Directors may, by a majority vote of all its members, call a special general assembly meeting at any time to consider urgent matters requiring immediate membership decision. The Board of Directors must likewise call a special general assembly meeting within one (1) month from receipt of a written request from a) at least ten percent (10%) of the total number of members entitled to vote; b) the Audit Committee; or c) the Federation or Union to which the Cooperative is a member, or upon Order of the Cooperative Development Authority. By Laws RA 9520 or the Philippine Code of 2008 Section 6. Notice of Meeting . All notices of meetings shall be in writing and shall include the date, time, place, and agenda thereof stated therein. a. Regular General Assembly Meeting . Notice of the annual regular general assembly meeting shall be served by the Secretary, personally or his duly authorized representative, by registered mail, or by electronic means to all members of record at his last known postal address, or by posting or publication, or through other electronic means, at least one (1) week before the said meeting. It shall be accompanied with an agenda, minutes of meeting of the last general assembly meeting, consolidated reports of the Board of Directors and Committees, audited financial statements, and other papers which may assist the members to intelligently participate in the proceedings. By Laws RA 9520 or the Philippine Code of 2008Section 6. Notice of Meeting .b. Special General Assembly Meeting . Notice of any special general assembly meeting shall be served by the Secretary personally or his duly authorized representative, by registered mail, or by electronic means upon each members who are entitled to vote at his last known postal address, or by posting or publication, or through other electronic means, at least one (1) week before the said meeting. It shall state the purpose and, except for related issues, no other business shall be considered during the meeting. By Laws RA 9520 or the Philippine Code of 2008Section 7. Order of Business . As far as practicable, the order of business of a regular general assembly meeting shall be: a. Call to order; b. Roll Call; c. Proof of due notice; d. Declaration of presence of quorum; e. Consideration of presence of quorum; f. Reading and approval of the previous minutes of meeting; g. Matters arising from the minutes; By Laws RA 9520 or the Philippine Code of 2008Section 7. Order of Business h. Consideration of the consolidated report of the board of directors, officers, and the committees, including audited financial statements of the Cooperative; i. Unfinished business; j. Election of directors and committee members; k. Approval of Development Plan and Budget; l. New business; m. Other matters; and n. Adjournment By Laws RA 9520 or the Philippine Code of 2008Section 8. Quorum for General Assembly Meeting . During regular or special general assembly meeting, at least ___________ of the total number of members entitled to vote shall constitute a quorum. By Laws RA 9520 or the Philippine Code of 2008Section 9. Voting System . Only members entitled to vote shall be qualified to participate and vote in any general assembly meeting. A member is entitled to one vote only regardless of the number of shares he owns. Election or removal of Directors and Committee members shall be by secret ballot. Action on all matters shall be in any manner that will truly and correctly reflect the will of the membership. No proxy and/or cumulative voting shall be allowed. By Laws RA 9520 or the Philippine Code of 2008
A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly-owned and democratically controlled enterprise.
Voluntary and Open MembershipDemocratic Member ControlMember Economic Participation (Share Capital Interest)Autonomy and IndependenceEducation, Training and InformationCooperation Among CooperativesConcern for CommunityThe first principle is anchored on voluntarism The second principle is democracy The third principle is the limitation of share capital interest The fourth principle is sharing all location of cooperatives surplus or savings. The fifth principle, makes provision for the education and training of cooperatives members, officers and employees, and of the general public in the principles and techniques of cooperation. The sixth principle harps on the promotion of cooperation between cooperatives at local, national and international levels The seventh principle is the concern for community by working for its sustainable development through policies approved by the cooperative members.
A cooperative has two kinds of members, regular members and associate members. A regular member is entitled to all the rights and privileged of membership as stated in the Cooperative Code and the coops by- laws. An associate member has no right to vote and to be voted upon and is entitled to such rights and privileged provided by the cooperatives by laws. Cooperative By-LawsThe qualifications for membership; how they are acquired, maintained and lost; The rights and obligations of members; The condition for transfer of a share of interest; The rules and procedures covering agenda, time, place, and manner of calling, covering , conduct meeting, quorum requirements, voting system, and other, matters related to the business affairs of the general assembly, board of directors, and committees; The general conduct of the affairs of the cooperative , including the powers and duties of the general assembly, board of directors, committees and the officers, and their qualifications and disqualifications; The manner in which capital may be raise and purpose for which it can be utilized; The mode of custody and investment of net surplus; The accounting and auditing systems. The manner and limitations of loaning and borrowing, including limitations; The methods of distribution of net surplus; The manner of adopting, amending, repealing, and abrogating by-laws; A conciliation or mediation mechanism for the amicable settlement of disputes among members, directors, officers and committees; and Other matter pertaining to the purpose and activities of the cooperative.The Article of Cooperation contentThe Article of Cooperation is a duly notarized document that legally binds all the signatories in the formation of a cooperative. It should contain: The name of the cooperative which shall include the word "e; cooperative, "e; e.g. Sta. Maria Multi-Purpose Cooperative; The purpose of the cooperative and scope of business; The term of existence of the cooperative (not more than 50 years); The area of operation and the postal address of the registrants; The common bond of membership; The list of names of the directors who shall manage the cooperative; and The amount of its share capital, the names, and residences of its contributors and a statement of whether the cooperative is primary, secondary of tertiary in accordance with Article 23 of R.A 6938.
Economic Benefits Credit Facilities (Loans)Share CapitalDividend/Patronage RefundImproved Economic Status (Thrift and wise use of money)Marketing AssistanceBusiness /Earning OpportunitiesSocial BenefitsGroup Term Insurance Providential AssistanceEducation and TrainingMedical AssistanceScholarships, Tour PackagesOther Social ProgramsPolitical BenefitsAdvocacyCheck and Balance
Your vehicle to your financial freedom.
Global Dollar Builder Credit Cooperative (GDBCC) is duly registered with the Cooperative Development Authority, a government agency responsible in managing and monitoring the different cooperatives of the Philippines.Head Office: Unit-16 & 26 2nd/F San Elias Bldg 38 Ortigas Ave. Ext., Rosario, Pasig City
In our cooperative, you only pay a one-time lifetime membership fee of $25 or 110 Riyals or P1,100. Where will you get money to pay for you share capital mandated in the cooperative law?Here comes our unique systems. Bounded by the principles of cooperative, we offer open membership to any individual of legal age where ever you are and through the spirit of cooperation and thriftiness, we can build our cooperative a unique way.Here’s how it works, once you registered by paying your membership fee, through the spirit of cooperation, we want you to help us build our cooperative on a voluntary basis and to do this, we want you to share to others you know the products, services and opportunities our cooperative offers. Encourage them to join our coop too and ask them to share to others they know also. You need at least 2 people to join then encourage them to share our products, services and opportunities to 2 people they know also, etc.Because you did one of your duty as a coop member, you will be compensated for doing it. In a traditional coop, when you refer someone to join a coop, you have nothing in return but with our unique system, you will be compensated for bringing people to our cooperative.
Reality: To become a cooperative member, you need money to pay for your membership fees, required coop share capital build up and savings. You use your own money or salaries to pay for this if you want to enter a cooperative. It’s one of the duty of a coop member to pay for your share capital. Most cooperatives require a minimum share capital of at least P2,000 or more. You can pay this in cash or in instalment. Your share capital is the basis of your loan in case you want to borrow in a coop. So to loan for a bigger amount, you need to have a bigger coop share capital or deposit money for your savings. There is nothing wrong about share capital build up because it is under the cooperative law.In our coop, you do not need to worry where to get money to pay for your share capital buildup which is required in any cooperative. This is one way of being thrifty on your part.Basis of loan amount: Usually for new members, when they apply for a coop loan, loan amount is times 2 only of the paid up share capital and you need to wait for at least 1 month or more before you apply for a loan. So for new members to loan for P5,000, you need a paid share coop capital of P2,500 (times 2). For old members, it’s times 3. In addition, you need a comaker and other documentary requirements to present then the credit committee will review your application. If you are a member in good standing with complete requirements, your loan will be approve. Sometimes, it takes time before loan is released especially if many filed for loans or lacking documentary requirements.Coop Share Capital. All GDBCC members become certified part owner of the cooperative and each has a coop share of 22 valued at P100 each share so a total share capital of P2,200.00. In other cooperatives, you need to pay for your share capital out of your pocket or salaries. If you want to loan for bigger amounts, you have to pay bigger share capital or have bigger savings deposit. In our cooperative, you do not need to pay for your share capital out of your pocket. Your efforts of sharing our coop to others will be compensated through coop paid share capital.We will teach you how to pay for your share capital or pay your loans without getting from your own pocket but from your cooperative earning.Contact your Sponsor now:Email: jdb.ecoop@gmail.comMobile: +639392369981Thrift because you do not need to pay for your share capital.
Summary of GDBCCmember benefitsHelp Members. Share the Blessings. Make Money.1. You will become a lifetime GDB Credit Cooperative Member with Coop ID.2. You will become a part owner of the cooperative by SHARE Capital. COOP Share of 22 shares valued at P100 per share (P2,200). No need to pay for this. This is one of our unique advantage and we will show you how.In other cooperatives, coop share comes from your own pocket which you will pay in installment or in cash.In our e-Coop, our unique plan will pay for your coop share as a gratitude of your efforts in doing you duties as a coop member which become part of your earning. You only pay for the one-time membership fee and do your duty as a coop member by referring or sharing our coop benefits to others and patronizing our products and services.3. Yearly Share Dividend and Patronage RefundAt the end of the year, you will receive dividends from the coop. All earnings from Power Peso, you can get as much as 75% payout as your Patronage Refund.4. GB Wealth Fund @ $2 per memberWhen a coop member dies, every coop member contributes as assistance to the family. This will automatically comes from the Member's Wealth Fund. The maximum amount given to the family of a deceased member is $20,000.00.5. Medical Assistance from P500.00 to P2,500.00This is availed once a year for regular coop members in good standing.6. ZERO PERCENT INTEREST (0%) NO COMAKER CASH LOANSPersonal loan from P5,000 to P50,000Emergency Loans (2 days processing)Business Loans from P80,000 to P500,000Car and Housing Loans.*** Loan amount depends on your member status if you are in good standing and your group. Loan payments may come from your earnings.7. FREE Accident Insurance where ever you (here or abroad): Accident benefit up to P100,000.00; Total and Permanent Disability up to P100,000.00; P24,000 Cash Allowance, P12,000 Monthly Grocery, P10,000 Burial Assistance, etc.8. Savings Potential. In other cooperatives, this amount comes from your own pocket which you will deposit in the coop. In our e-Coop, a portion of your earnings will be saved for your future.9. EARNING POTENTIALa. DOLLAR ($) EarningThis is your chance to earn in dollars even if you are in our country. You have the option to convert to peso. Earn $50 to $800 or even more and $5 to $10 per direct referral each time you referred someone to the coop. Also avail the following incentives: FREE Health Packages, Scholarships worth P8,000 and Tour Packages worth P13,000b. Power PESO EarningYou need at least 2 direct referrals to qualify for this to avail unlimited P500 direct referral with incentives of P15,000.00 to P45,000.00.10. FREE e-Books, Software and Videos which you can resell and keep the profits 100%.
How to qualify for a loan?For comparison’s sake, in a traditional cooperative, before you apply for a loan, you need to pay first for your share capital which is the basis of your loanable amount which may be twice or thrice the amount of your share capital. For example, your paid share capital is P2,500. You are only entitled to a loan of P5,000 (twice share capital) especially if you are a new member but for old coop members, you are entitled to a P7,500 loan (thrice share capital). If you want a bigger loan amount, you need to increase your share capital and savings deposit which comes from your own pocket. In addition, if you are a new member, you will need to wait for 1 month to 3 months or more before you apply for a loan even if you paid for your share capital in full or deposited an amount for your savings. Further, you also need to present some documentary requirements, look for comakers in good standing, etc. The chance of approval depends on your standing in the coop. If you have a bad record, expect for the worst but if you are in good standing, you may avail the loan you want in full or partial depending on what the credit committee approves. On top of these, your loan is subjected to interest which may range from 0.5% to 1% or more.In other loan or lending institutions or providers like banks, you will need to comply to all the documentary requirements like proof of income, billing, address, etc. then undergo credit investigation (CI) and complying with these do not guarantee your loan approval. You may be declined especially those with bad credit standing or a portion of your required loan is approved based on the documents you provided. In addition, they will charge you for higher interests like 1% to 5% or more.As a coop, we live by its principles especially sharing the economic benefits to coop members and others through thrift and economical means to the point that even if our members did not pay their share capital, we can grant them loans at 0% interest. In our credit cooperative, we have our unique system in order to help members have economic gains even without paying for share capital or having savings deposit. Our system will even show you how to be thrift by promoting savings potential. There is no need to pay for your share capital to apply for a loan, no CI, no need to wait for 1 month, no comakers, no proofs of income, and NO interest (0%).To avail our loan, you only need to become a member by paying the one-time membership fee of $25 or 110 Riyals or P1,100. No other fees to pay to avail for a loan. One of the thrift measures we implement so that our coop members will not pay for share capital or loan for bigger amounts or even pay for loans proceeds without getting from their pocket is the spirit of sharing. Share to others our cooperative to become coop members too. Share them the benefits and earning potential of our coop and encourage them to join. You only need 2 immediate referrals then encourage these 2 to refer 2 each, etc. Once you have 6 registered members under you, you can qualify to apply for the first loan worth P5,000 which you can be released in about 20 days only. This is one of the thrift way for your to have your loan at 0% interest even without paying for your share capital. As the number of people below you increases, you can have your second loan of P10,000 after you paid your first loan, etc.How to pay for your loans?You can pay the conventional way by paying to our main office or sector centers nearest you or online by depositing your payments to our coop banks. When paying online, you need to keep the deposit slips as proofs or if you send through perapadala, inform the office and keep the transactions documents as proof. Remember that our coop charge 1% interest for delinquent or delayed payments.As stated, you first loan can be paid in 3 months minimum but you can request for longer payment period subject for approval. Another way of paying for your loans is through the earnings generated under you. The beauty of our coop is that you have your backend online profile where you can log in and check your account. If you have accumulated earnings, you can use it to pay for your loans or you can withdraw it.This is one of the advantages of our cooperative that it will give to its members. Through its thrift measures, you can avail of loans or gain economic or financial gains even without investing huge amounts.So, share the cooperative way!
A cooperative needs voluntary people to become members who form the General Assembly which in any cooperative organizational chart is the highest body. Coop members are very vital in capital build up.Each individual has his own reason to join a coop. The most common reason why individuals join a coop is to avail loans with lower interest rates or to have savings or time deposits with higher interest rates as compared to banks. Some join producers, consumers or multi-purpose cooperatives because these types of cooperative offer lower prices on basic commodities to members.For our part, we are a credit cooperative and we offer loans to our members at 0% interest rate with a chance to earn through our unique compensation plan.A unique part of our member’s benefit wherein every time you refer a new member to join our cooperative, you will be compensated. In a traditional cooperative, any member you refer to a coop, you have nothing in return. You will also need to pay out of your pocket the required share capital either in cash or in instalment and pay your loans out of your pocket.In our cooperative, we will teach you how to pay for your share capital or pay you loan without the need to get it from your pocket. You only need to refer at least 2 immediate referrals to qualify to the huge income potential. Then, encourage the 2 you referred to get each 2 referrals. The more coop members the merrier and more income.The next slides teach you how to earn being a GDBCC cooperative member which you can use to pay for your loans, share capital, etc.
You entry level to our cooperative is your $25 or 110 Riyals or P1,100.When you pay this, you will be given an activation code for you to register online in our website. Once you register, you will be given a member site wherein you will trace all the coop members that joined under you. Since we would like paperless transactions, you can request for loans online, track your earnings online, download e-books, softwares, videos, etc. You will be assisted by your sponsor when you register.
Again, here are the perks you will enjoy as coop members, FREE e-Books, Lifetime Coop Membership, Unlimited Commission in Dollars or in Peso with FREE Accident Insurance.Register now:Contact: +639392369981 or email: jdb.ecoop@gmail.com
Register now:Contact: +639392369981 or email: jdb.ecoop@gmail.com
Some of the future plans of our cooperative is to put up GDBCCApartelle which is exclusive for GDBCC coop members. This is ideal for OFWs who will be returning to the Philippines because they will have a temporary shelter at a minimal cost especially those in the province. You can stay here for while.Another is housing projects and livelihood assistance program.
Register now:Contact: +639392369981 or email: jdb.ecoop@gmail.com