DAGUPAN CITY, October 13 (PIA) – There
are now 1,536 cooperatives operating in Ilocos region with Pangasinan
having the most number and Ilocos Sur having the richest.
Regional Director Josefina Bitonio of the Cooperative Development
Authority said the cooperatives in the region continue to improve as
there are sustained increase in the number and reach of cooperatives.
Out of the 1,536 coops, only 878 are compliant and have been
religiously submitting documents to the CDA regional office. At least
714 coops have updated their reports. Their classification according to
assets range from micro (68.20%); small (22.4%); medium (7.42%); and
The province of Pangasinan has the most number of coops with 383
covering 24 municipalities. La Union comes in second with 115 in 14
towns. Ilocos Sur contributes 101 coops in its 21 towns and 115 for
Ilocos Norte in 14 municipalities.
While Pangasinan has the most number, it only has one billionaire
coop which is the electric cooperative PANELCO III. The province of
Ilocos Sur boasts of three billionaires namely: Nueva Segovia
Consortium of Cooperatives, Sacred Heart Savings Cooperative and Sta.
Cruz Savings and Development Cooperative (SACDECO). La Union has one
which is the Tubao Multi-Purpose Cooperative, Inc.
Bitonio said the coops in region one contribute P9.6 billion share to the nationwide income.
“Social change is elusive and breaking poverty is formidable as ever
that is why we urge cooperative members to be catalysts of change
through poverty eradication and social transformation,” Bitonio said
during the regional cooperative month celebration held in Dagupan City.
CDA Chairman Orlando Ravanera, the event’s guest
of honor, enjoined members of the cooperatives in the region to value
their membership, patronize Filipino products and live up to the
virtues of social justice, equity, and development.
Ravanera said the products of the cooperatives are good and harmonization and complementation are needed to sustain them.
“Cooperatives have addressed the physical barriers that hinder
people from being included in the formal financial system. Aside from
physical access to financial services, these services must be
affordable, of good quality and relevant to lead to actual usage that
can benefit the person accessing the said service,” Ravanera said.
Aside from the main forum, the CDA also held contests for coop
members like group dance showdown and ‘Your Face Sounds Familiar.’
Members also had the chance to display and sell their products to other
coop members in the region.
Proclamation No. 493, series of 2004 declares the annual celebration
of the Cooperative Month every month of October where the spirit of
cooperativism is rekindled through the holding of national and local
activities with the participation of cooperatives and partner agencies.
The Author has decided to remain behind the shadows, believing that the content of this blog should speak for itself, and that the readers should not be distracted by the identity of the Author.
Suffice it to say, for the moment, that the Author is a cooperative educator accredited by the Asian Confederation of Credit Unions; with 25 years hands on experience with policy making and direction of community type credit cooperative, particularly in the capacity as member of its Board of Directors.