Sunday, December 14, 2014


Proving the cooperatives' role in the country's poverty reduction efforts, 18 cooperatives ran away with 20 awards in the nationwide search for community enterprises that "..served as engines of growth.." to help lessen poverty incidence in the Philippines.

Under this search, given by the Villar SIPAG (Social Institute for Poverty Alleviation and Governance), 8 cooperatives (out of 10 awardees) were awarded P250,000 prize each under the category: "Outstanding Community Enterprise.

On the other hand, 10 cooperatives got all the citations under the "Most Promising Community Enterprises", and got P150,000 prize each.

The 10 Most Outstanding Community Enterprises are Sta. Cruz Savings and Development Cooperative, Ilocos Sur (Region 1); San Jose del Monte Savings and Credit Cooperative, Bulacan (Region 3); Lorenzo Tan Multi-Purpose Cooperative, Misamis Occidental, (Region 10);

Badagoy Irrigation Association, Davao del Sur (Region 11); Masisit-Dacal Livelihood Cooperative, Cagayan (Region 2); Soro-soro Ibaba Development Cooperative, Batangas (Region 4-A); Calapan Labor Service Development Cooperative, Calapan City, Oriental Mindoro; 

Kaagap Development Multi-Purpose Cooperative, San Francisco, Agusan del Sur;Nueva Vizcaya Alay Kapwa Multi-Purpose Cooperative, Solano, Nueva Vizcaya (Region 2); an Costales Nature Farms, Laguna (Region 4-A).

The 10 Most Promising Community Enterprises are:  Saint Vincent Ferrer Parish Multi-Purpose Cooperative, Romblon, (Region 4-B); Don Bosco Multi-Purpose Cooperative, North Cotabato (Region 12); Nagkakaisang Magsasakan Agricultural Primary Multi-Purpose Cooperative, Talavera, Nueva Ecija (Region 3);

Midsalip Farmers Multi-Purpose Cooperative, Zamboanga del Sur (Region 11); A&M Multi-Purpose Cooperative, Dinagat Island (Region 13); Capiz Small Coconut Farmers Marketing Cooperative-Ivisan Coco, Capiz, Ivisan, Capiz; Tagum Cooperative, Davao del Norte (Region 11); Bad-ayan Buguias Development Multi-Purpose Cooperative, Benguet; Moncada Women's Credit Cooperative, Tarlac, (Region 3); and San Dionisio Credit Cooperative, National Capital Region (NCR).

The criteria for selecting the winners for each category are:  effectiveness, financial viability, sustainability, an adaptability.  

The Villar SIPAG Awards for poverty reduction, a nationwide search, was launched in August 2013 to recognize the exemplary achievements of community enterprises that resulted in local economic development and improvement of lives.  (END).

Thursday, December 11, 2014


The Joint Congressional Oversight Committee on Cooperatives (JCOCC)-House Panel  has created a Technical Working Group (TWG).

Headed by COOP-NATCCO Party List Rep. DR. ANTHONY BRAVO, it is tasked to conduct initial review of the proposed amendments to the Implementing Rules and Regulations (IRR) of R.A. 9520, submitted by the Cooperative Development Authority (CDA).

Under R.A. 9520, the JCOCC is mandated to review and approve the IRR of the Philippine Cooperative Code.

The JCOCC is composed of the chairperson of the Senate Committee on Cooperatives; and the chairperson of the House Committee on Cooperatives Development (headed by Rep. CRESENTE C. PAEZ, of the COOP-NATCCO Party List); and by four members each from both Houses (House of Representatives, Senate).

In its recent meeting, the TWG focused its discussion on Sections 5 to 11, Rule 7 of the IRR, which provide for the specific training requirements for the officers of cooperatives.

Rep. Evelina Escudero (1st District, Sorsogon) and representatives from the Office of Rep. Paez; CDA, NATCCO, PCC, regional cooperative development councils; and Quezon City Council also attended the TWG meeting.

From:  Page 9 of Committee Daily Bulletin, Vol. II, No. 53.


Wednesday, December 10, 2014


The Banks and Financial Intermediaries Committee of the House of Representatives has approved HB 278, filed by COOP-NATCCO Party List Rep. CRESENTE C. PAEZ, during the Committee's Dec. 2, 2014 meeting.


Rep. Paez said the bill was in response to the need to institutionalize and legalize Credit Surety Funds (CSFs), which are already functional.

HB 278 

Bangko Sentral ng Pilipinas (BSP) Deputy Governor for Monetary Stability Sector, Diwa Gunigundo expressed his full support for the bill, saying that it would address two impediments to full access to bank credit by small entrepreneurs, namely, lack of credit information or track record, and lack of property that can be collateralized.

To further improve the bill, Gunigundo suggested that the Cooperative Development Authority (CDA) should be made the supervisory body of the CSF cooperatives rather than the BSP, consistent with their respective charters.


He also suggested that the proposed law should clearly state the CSF is excluded from the coverage of Insurance Code.  The House Committee agreed to put the CSFs under the supervision of the CDA.

Lawyer Mona Lisa Amba of the CDA initially expressed opposition to HB 278, saying that the provisions run counter to the provisions of the Cooperative Code of the Philippines.

However, after the Committee and the BSP explained that the bill will cure the flaws of the law and further enhance the capacity of the CDA to serve the grassroots borrowers, Amba committed to re-examine the CDA's position and support the bill.

Source:  Report published in the House of Representatives'  Committee Daily Bulletin, Vol. II, No. 56, Dec. 2, 2014. Visit (12.02.2014).pdf


Tuesday, December 9, 2014

Cooperatives Philippines: new logo, domain

December 10, 2014

     Cooperatives Philippines, the blog dedicated to news and view about developments in the cooperative sector of the country, has acquired a new domain.  From its new domain name is Along with this change, it has also updated/adopted a new logo, as appearing above.

     This is ahead of the Dec. 12, 2014 deadline of the Cooperative Development Authority's logo contest, in connection of the celebration of 2015 Philippine Cooperative Centennial.




Some advice from Financial Planner, Efren Ll. Cruz, is worth re-posting here, excerpts anyway.  More so, as some of such advice refers to the poor, and COOPERATIVES.

Here it goes:  "..The lifestyle of the rich is an aspiration for the poor.  But to get to that dream life, the poor must emulate the actions of the rich, foremost of which is reining in costs through a tactic known as haggling..."

"..One effective way to get the poor to also employ the tactic of haggling is to band together.

With the pooling of their money, the poor can flex the financial muscle that only the rich have individually.  This is the appeal of pooled funds, like mutual funds, unit investment trust funds, variable unit linked insurance, pre-need plans and even real estate investment trusts...

..Pooled funds are nothing more than cooperatives focused on investing.  Cooperatives themselves have been in the country for more than a century.

In fact, the Cooperative Development Authority lists Dr. Jose P. Rizal and Teodoro Sandiko as those who started cooperatives in the Philippines, the latter earning the title, "Father of Cooperation" in the country.

Just like the other pooled funds, not all cooperatives succeeded in the country.  The main reason cited is the "lack of proper understanding of the principles and true aims of cooperative associations, and the non-adherence to them in actual operation of cooperative enterprises"...

"...Today, pooled funds present a great equalizer for the poor in their pursuit of wealth creation and preservation..."

Excerpts from "The rich haggle, the poor struggle" column of EFREN Ll. CRUZ, PDInquirer, Dec. 10, 2014, p. B-4.

(Note:  Cooperatives themselves have created a "pooled fund".  They own the Cooperative Mutual Fund of the Philippines, where the cooperative-members have also invested.  

Why does Co-op Ph ( excerpt and share items/contents such as the above?  Social media (Facebook, blogs, microsites, other social networks), aside from creating their own content and sharing them, have also served as "media multipliers".  Content from traditional media (print, radio and TV, among others) get more readership when shared via social media, whose readership may not necessarily has access to some of the traditional media. And vice versa.  Just to clarify.). (END).



Friday, December 5, 2014


All remaining non-stock ELECTRIC COOPERATIVES (ECs)  in the country will be able to facilitate the conduct of a referendum among its member-electricity consumers, to determine whether the ECs should convert or not into stock cooperatives/corporations.

This is following the approval last October 28, 2014 (and publication of the guidelines last December 5, 2014,in Philippine Star) by the National Electrification Administration (NEA) of said guidelines, entitled: "Guidelines In the Conduct of Referendum For Electric Cooperative Conversion."

UNDER R.A. 10531

Section 25-A of the Implementing Rules and Regulations of R.A. 10531 mandates that all remaining non-stock ECs conduct a referendum to determine whether it should:

1.  Remain as non-stock, non-profit EC under the NEA;

2.  Convert into stock cooperative under the CDA (Cooperative Development Authority); or

3.  Convert into stock corporation under the SEC (Securities and Exchange Commission).


Conversion, as defined in the guidelines, refers to a change in the corporate structure of an Electric Cooperative, from a non-stock, non-profit, to either a stock cooperative, or a stock corporation.

Referendum is the electoral process where  member-consumers of Electric Cooperatives register their votes, through secret balloting, on the conversion options under R.A. 10531 and its Implementing Rules and Regulations.


Moreover, according to the guidelines, prior to the referendum, the EC Board of Directors and Management shall undertake, in coordination with the the Department of Energy, NEA, CDA, SEC, PHILRECA, PHILFECO a massive information-Education and Communication campaign at the district level within the EC coverage area.

This will be on the importance of R.A. 10531 and the IRR, the options for conversion; advantages and disadvantages; and other related matters through a series of District Meetings.

These District Meetings may be held simultaneously, holding meetings on the same day at various venues (barangays); or sequentially, holding meetings one after the other in different days and in different venues (barangays), the guidelines said.  (END). 

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