presented by Chief Executive Officer Rico B. Geron of the Sorosoro Ibaba Development Cooperative during the 2015 AFNR Symposium held last October 1, 2015 at the AIM Conference Center, Makati City

1. SOROSORO IBABA
DEVELOPMENT COOPERATIVE:
Advancing Agri-business
Presented by:
HON. RICO B. GERON
Chief Executive Officer, SIDC
2nd Representative, AGAP Partylist

2. SOROSORO IBABA DEVELOPMENT
COOPERATIVE HISTORY
 Started as small farmers organization at Brgy. Sorosoro Ibaba, Batangas
City on March 19, 1969
 Initial capitalization of 59 members – P11,800.00
 Founder – Mr. Victoriano Barte
 Sari-sari store – first business venture

3. Sorosoro Ibaba Development Cooperative (SIDC)
Sorosoro Ibaba, Batangas City

4. Sorosoro Ibaba Development Cooperative
(SIDC) is the biggest agri-based cooperative
in the Philippines with 1.8 Billion assets that
supports the livelihood of its more than
21,000 members in Central Luzon,
CALABARZON, MIMAROPA, Bicol and Panay
Island.
TODAY…

5. • Different business ideas arise from the
needs of our members.
• Some business arise to help another existing
business.
• Thus, we maximize the potential of our
value chain through different business
integrations.
SOROSORO IBABA DEVELOPMENT COOPERATIVE:
Advancing Agri-business

6. SOROSORO IBABA DEVELOPMENT COOPERATIVE:
Advancing Agri-business
SIDC
PROJECTS

7. Feedmill
 Started in 1987
 Source of one
major input for hog
production - FEEDS

8. Livelihood project
known as paiwi system
fatteners
Stocks, Feeds,
Veterinary Services &
Marketing
Equal Sharing of Profit
Patronage Refund
Contract Growing

9. Savings and Loans
Deposits
 Accepting deposits from members
Loans
 Cash Loan (STL, MTL, LTL)
 Hog Fattening Program
 Hog Breeding Program
 Agricultural Production Loan
 Housing Loan
 Car Loan Program
 Environmental Loan
 Mortuary Loan
Investment
 Accepting investment from OFW
and other members

10. Artificial Insemination
Ensures high quality
piglets
Cost Efficient
Maintaining high
grade boars
Supervised by
qualified technicians

11. 500 sow level
piglet multiplier
farm
Taysan, Batangas
Hi-grade sows and
boars
first-class facilities
Pig Farm

12. Communal Farm
Contract growing under
communal setup
With capacity of 1,130
heads hog fatteners
Provides members of
hog pen, stocks, feeds
and veterinary products
& services

13. Hog Selling Pen
Ensures a market for
members who raised
fatteners under contract
growing
Speeds-up sales of hogs
electronic weighing scale
Prevents spread of
diseases
Selling pen fees

14. CoopMart
Started as Sari-sari
store
With 6 branches
Offer basic
commodities
Patronage Refund
30 day credit line

15. COOP SUPERMART

16. Rice Milling
 Located in Oriental
Mindoro
Consumer store wherein
basic household needs are
available including
agricultural inputs
 220 sacks milling capacity
per day

17. Gasoline Station
 Batangas & Oriental
Mindoro
 Offers coop products, rice,
groceries, auto supply and
gasoline products to regular
and associate members
 Other services that can be
availed by members are
washing, greasing,
vulcanizing, change oil and
battery charging

18. Water Refilling Station
• Safe Purified
Drinking Water using
Reverse Osmosis
• Free use of hot and
cold dispenser for 5
containers per week
• Patronage refund
• Free delivery to
covered areas

19. Organic Fertilizer
 Production of organic fertilizer
from hog manure and chicken dung

20. Aqua Culture
 Fish pond project at
Jaen, Nueva Ecija and
Tarlac

21. Layer Farm
 Located at
Balanga Ibaan,
Batangas
 with 75,000
heads of layers

22. OFFSET PRINTER TARPAULIN PRINTER
Printing

23. SIDC COOP
ASSURANCE CENTER
1. Group Life Insurance
2. Motor-Car Insurance
3. Fire Insurance
4. Surety Bond
5. Student Group Accident Insurance
Program
6. Group Protection Plan for
Overseas Filipino Workersa

24. Covered In-Ground Anaerobic
Reactor (CIGAR) Biogas Digester

25. Biogas supplies electricity
to SIDC Coopmart

26. = zip line
= areal biking
= fishing
= team building
facilities
= rooms for
accommodation
= tunnel
exploration
SOROSORO SPRING
RESORT

27. SOCIAL RELEVANCE
CURVE
SOROSORO IBABA DEVELOPMENT COOPERATIVE:
Advancing Agri-business

28. Economic Viaility
and Social Relevance Curve
Social Relevance
EconomicViability(Profitability)

29. Economic Viability
and Social Relevance Curve
Social Relevance
EconomicViability(Profitability)

30. Economic Viability
and Social Relevance Curve
Social Relevance
EconomicViability(Profitability)

31. Coop
Business
MembersCoop
Community Fund
Scholarship
Mortuary Benefit
Health Benefits
Interest on Capital
Patronage Refund
S U R P L U S

32. SIDC’s Different
Integration Model

33. From SPERM to GERM
Artificial Insemination
Livestock Production:
-Pig Multiplier Farm
-CommunalFarm
- Contract Growing(Paiwi) Bio-gas Digester
& Electric
Generator
Organic
Fertilizer
Production
Charcoal Briquette Production
Food Processing
Plant (Powered by
Biogas)
Corn Production
Feedmill
Viajeros

34. Memorial Loan
& Mortuary Benefit
From Womb to Tomb
Medical
Scholarship
Employment
Livelihood
Lakbay Aral
Food & other
basic commodities
Environmental
Program
Recreation
Shelter
Services

36. Adherence to coop-values
was the major factor in
its growth

37. MEMBERS PARTICIPATE IN
•OWNERSHIP
•GOVERNANCE
•BENEFITS

38. 2014 VILLARSIPAG Awards
Top 10 Most Outstanding
Community Enterprise
2013 Internationally
Accredited Feed
Manufacturer
2013 Landbank
Gawad Pitak
Platinum Award

39. AWARDS
Most Outstanding Small Farmers Organization (1989)
Most Outstanding Cooperative, Gawad Pitak Awards (August, 1997)
Most Outstanding Cooperative, Third Place, Gawad Pitak (1996)
Best in Profitability, Gawad Pitak (1993, 1994, 1995 and 1997)
Best Co-op Citizen, Third Place, Gawad Pitak (1996)
Most Outstanding Filipino Enterprise, Feed Mill Project, Kabuhayan Awards (April 24,
1998)
Best of Hall of Fame Award, LandBank Gawad Pitak (Aug. 6, ‘98)
Outstanding Social Enterprise for People Dev’t.,
Livelihood Corporation (Dec.,’98)
Most Outstanding Agricultural Multi-purpose Cooperative,
Cooperative Development Authority (1999-2001)
Hall of Fame – Agricultural Multi-purpose Cooperative Category, Cooperative
Development Authority (2002)
Outstanding Cooperative, Coop-LGU Partnership Award,(July, 2003)
Outstanding Key Cooperative, Gawad Pitak 2006 Landbank of the Philippines (August 8,
2006)
Internationally Accredited Animal Feed Manufacturer 2013 DA (August 7, 2013
Platinum Award Gawad Pitak 2013 Land Bank of the Philippines (August , 2013)
Top 10 Outstanding Community Enterprises, 2014 Villar Sipag Award on Poverty
Reduction, December 12, 2014

40. In SIDC, we are not only
developing FARMERS...
We are developing
ENTREPRENEURS.

41. Thank you for
listening!