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.

1. COOPERATIVE ORIENTATION
Pre-Membership Education Seminar (PMES)
Semantrix Multi Purpose Cooperative (SMPC)

2. SCOPE:
• FREQUENTLY ASKED QUESTIONS
• MANAGEMENT
• ORGANIZATION
• REGISTRATION

3. FREQUENTLY ASKED
QUESTIONS

4. What is a Cooperative?
• AUTONOMOUS AND DULY REGISTERED ASSOCIATION
• COMMON BOND OF INTEREST
• VOLUNTARILY JOINED TOGETHER
• ACHIEVE THEIR SOCIAL, ECONOMIC AND CULTURAL
NEEDS AND ASPIRATIONS
• EQUITABLE CONTRIBUTIONS (capital share)
• PATRONIZING THEIR PRODUCTS AND SERVICES
• RISKS AND BENEFITS
• COOPERATIVE PRINCIPLES

5. What is Semantrix Multi Purpose
Cooperative?
AUTONOMOUS AND DULY REGISTERED ASSOCIATION
with the following agencies:
 Cooperative Development Authority (CDA)
 Department of Labor and Employment (DOLE)
(as Service Contractor)
 Bureau of Internal Revenue (BIR)
 Social Security System (SSS)
 Philhealth
 Home Development Mutual Fund/Pag-ibig (HDMF)
 Local Government Unit – Pasay City

6. What are the kinds of Common Bond of
Interest?
• Residential
• Associational
• Institutional
• Occupational

7. What are kinds of Membership?
• Regular Membership
 Entitled to vote and be voted
 minimum subscribe capital of 315 shares
or Php31,500 & pay minimum of 79 shares upon
approval of membership
Associate Membership
 Cannot vote and be voted
 minimum subscribe capital of 10 shares
or Php1,000 & pay minimum of 3 shares upon
approval of membership

8. Cont. MEMBERSHIP
An associate member who meets the minimum
requirements of regular membership,
continuous to patronize the cooperative for two
(2) years, and signifies his/her intention to
remain a member shall be considered a regular
member

9. Cont. MEMBERSHIP
Requirements for Membership
1. Approved application for membership
2.Certificate of completion of the prescribed
Pre-Membership Education Seminar (PMES)
3. Subscribed and paid the required minimum share
capital
4. Payment of Php 500 membership fee upon
membership approval; non-refundable
5. With good moral character

10. What are the benefits of a
Cooperative member?
• Economic Benefits
- Credit Facilities
- Interest on Share Capital
- Patronage Refund
- Economies of Scale
- Marketing Assistance

11. Cont. Benefits
• Social Benefits
- Providential Assistance
- Continuous Education and Training
- Other Social Programs
- group insurance/housing/medical &
dental services/scholarships, etc.
• Political Benefits
- Advocacy
- Check and Balance.

12. What are the possible sources of
funds of the Cooperative?
• INTERNAL SOURCES
Share Capital
- Initial Subscription
- Continuous Capital Build-up

13. Cont. Internal Sources of Funds
Deposits of Members
- Regular Savings Deposit
- Time Deposit
Loan/s or Borrowing/s from Member/s

14. Cont. Internal Sources of Funds
Revolving Capital
- Net surplus or Net saving /Interest on
Share Capital
- Patronage Refund
Retentions
- Services
- Goods

15. Cont. Sources of Funds
• External Sources
Loans or Borrowings
Subsidies/Grants/Aids/Donations

16. What are the Duties and Responsibilities of a
Member?
Every member shall have the following duties:
• Pay the installment of his share capital subscription as it
falls due and to participate in the capital build-up and
savings mobilization activities of the Cooperative;
• Patronize the Cooperative’s businesses and services;
• Participate in the membership education programs;

17. Cont. Duties and Responsibilities of a
Member
• Attend and participate during general assembly
meetings;
• Observe and obey all lawful orders, decisions, rules and
regulations adopted by the Board of Directors and the
general assembly; and
• Promote the purposes and goals of the Cooperative, the
success of its business, the welfare of its members and the
cooperative movement in general.

18. What are the differences among other types of
organization and a Cooperative?
The member-usersThe member-users
Generally non-
members
Generally non-
members
4. Customer4. Customer
Can make use ofCan make use of
the services of thethe services of the
coop and willing tocoop and willing to
acceptaccept
responsibilities ofresponsibilities of
membershipmembership
AAbility or capacity
to invest or render
service
Ability or capacity
to buy shares of
stocks
3. Basic requisite for3. Basic requisite for
membership/membership/
ownershipownership
Service aboveService above
profitprofit
To make profitTo make profit
2. Primary purpose/2. Primary purpose/
motivationmotivation
RA 9520RA 9520
RA 6939RA 6939
Partnership LawCorporation Law
1. Legal basis of1. Legal basis of
organizationorganization
COOPERATIVECOOPERATIVEPARTNERSHIPPARTNERSHIP
ORDINARYORDINARY
CORPORATIONSCORPORATIONS
PARTICULARSPARTICULARS

19. Continuous coopContinuous coop
education programeducation program..
----
10. Educational10. Educational
ProgramProgram
Share Capital &Share Capital &
PatronagePatronage
Pro-rated to their
capital
contribution
Share of Stock
9. Basis for9. Basis for
distribution ofdistribution of
savings/profitsavings/profit
Limited and conformsLimited and conforms
to govt regulationsto govt regulations
No limitNo limit
8. Rate of Interest8. Rate of Interest
of Share Capitalof Share Capital
(ROI)(ROI)
Coop Principles &Coop Principles &
Business Mngt.Business Mngt.
PrinciplesPrinciples
Partnership
Principles
Business Mngt.
Principles
7. Principles7. Principles
governinggoverning
operationsoperations
Members, Board ofMembers, Board of
Directors & HiredDirectors & Hired
ManagementManagement
Shared or
appointed
Board of Directors
& Hired
Management
6. Components of6. Components of
managementmanagement
““One member, oneOne member, one
vote”vote”
Equal voting
rights
Shares of common
stock
5. Basis of voting5. Basis of voting
PARTICULARSPARTICULARS
ORDINARYORDINARY
CORPORATIONSCORPORATIONS PARTNERSHIPPARTNERSHIP COOPERATIVECOOPERATIVE

21. ORGANIZATIONORGANIZATION
SEMANTRIX MULTI PURPOSE COOPRATIVE
Principal Address:
Room 205, 2nd
Floor Diplomat Condominium
Roxas Boulevard corner Russel St. Pasay City
(in between Heritage Hotel & Redemptorist Church)
Telephone nos:
781-3145 * 8515156 * 8513292 * 09228288097
Office hours:
Mondays to Fridays 8am – 5pm

22. GENERAL ASSEMBLY
AUDIT
COMMITTE
ELECTION
COMMITTEE
BOARD OF
DIRECTORS
EDUCATION
COMMITTEE
MANAGEMENT STAFF
Treasurer
Secretary
ETHICS
COMMITTEE
CONCILIATION
COMMITTEE

23. MEMBERSHIPMEMBERSHIP
REGISTRATIONREGISTRATION
andand
SERVICES CONTRACTINGSERVICES CONTRACTING

24. REGISTRATION OF ASSOCIATE MEMBERS
FOR JOB PLACEMENT
I. Applicants selected for hiring or placement to clients are
required to accomplish and submit additional
documents/information; not later than 5 days prior to
the date of employment and acceptance of membership
1.Duly accomplished application form with 2 pcs. 1x1
picture
2.NBI and Police clearances
3.Clearances or certification from previous employer/s, if
any
4.Birth Certificate & Marriage Contract (if married) in
NSO paper

25. Cont. REGISTRATION OF ASSOCIATE MEMBERS FOR
JOB PLACEMENT
5. Transcript of record (college graduates/level) or High
school report card/diploma (HS grad)
6. Medical Certificate or result of pre employment
medical examination indicating fitness to work
together with laboratory results on urinalysis, fecalysis,
drug test and chest x- ray
7. TIN, SSS, Phil health and HDMF Numbers/ photocopy
of ID if available

26. Cont. REGISTRATION OF ASSOCIATE MEMBERS FOR
JOB PLACEMENT
II. Membership agreement
1.membership fee
2.capital share
3.dividend interest
4.withdrawal

27. Cont. REGISTRATION OF ASSOCIATE MEMBERS FOR
JOB PLACEMENT
III. Employment Contract
1.Cooperative ID card
2.Daily time record/bundy card
3.DTR cut off: 1-15th
and 16-31st
of the month due not later than
17th
and 2nd
of the month, respectively (late timecards will be
processed next paydate)
4.Payroll crediting/release: 10th
and 25th
of every month
5.Government mandated deductions: SSS, Philhealth, HDMF
6.Coop deduction: membership fee, capital share, loan, CA
7.ATM Application
8.Uniform – as required by client

28. Thank You &
Welcome to