What are the top 20 cooperatives in the Philippines?
What are the top 20 cooperatives in the Philippines?
Top 20 Largest Cooperatives in the Philippines
| Cooperative | Type | No. of Members |
|---|---|---|
| PLDT Employees Credit Cooperative (PECCI) | Multi-purpose | 9,364 |
| DCCCO Multi-purpose Cooperative | Multi-purpose | 109,565 |
| AFP Finance Center Multi-Purpose Cooperative | Multi-purpose | 30,199 |
| ORO INTEGRATED COOPERATIVE | Multi-purpose | 182,977 |
What is the top 3 cooperative in the Philippines?
Here are the top ten billionaire cooperatives in the Philippines as of March 2016:
- Philippine Army Finance Center Producers Integrated Cooperative (PAFCPIC)
- ACDI Savings and Credit Cooperative.
- First Community Cooperative.
- Cooperative Rural Bank of Bulacan.
- Cebu CFI Community Cooperative.
How many cooperative exist and still operating in the Philippines?
There are 19,082 operating cooperatives in Philippines as of 31 December 2016. Out of the total operating cooperatives, data for variables such as membership, employment, and so on is available for only reporting cooperatives. The number of reporting cooperatives in Philippines as of 31 December 2016 is 9,432.
Why did the Philippines create cooperatives?
The declared purpose of the law governing cooperatives (Republic Act 6938, also known as the Cooperative Code of the Philippines) is to foster the creation and growth of cooperatives as a practical vehicle for promoting self-reliance and harnessing people power towards the attainment of economic development and social …
What is the biggest cooperative in the Philippines?
ACDI Multipurpose Cooperative
Philippine Cooperative Centre (PCC) is the national apex for all cooperatives. ACDI Multipurpose Cooperative is the largest cooperative in the Philippines since 2014 with an asset base over US$ 650 million (PHP 33 billion). CDA started the Gawad Parangal awards in 2011 to recognise outstanding primary cooperatives.
How many cooperatives are there in the Philippines 2021?
Summary. ICA members represent over 9,432 cooperatives in the country, with a total number of memberships of 7,647,800, and a total number of 226,400 employees. Consumer cooperatives, producer cooperatives, worker cooperatives and multi-stakeholder cooperatives are all present in Philippines.
What is the largest cooperative in the Philippines?
Who is the father of cooperative in the Philippines?
FATHER OF COOPERATIVES: Senator Juan Miguel “Migz” Zubiri who has been hailed as the father of the new cooperative code was in Cagayan de Oro recently to grace the anniversary of MASS-SPECC (Mindanao Alliance Self-help Societies – Southern Philippines Educational Cooperative Center).
What is the first cooperative in the Philippines?
The College Consumers Cooperative
The College Consumers Cooperative, the first cooperative ever organized in the Philippines, started at PhP4,000.00 paid up share capital for selling books and other supplies. The College Coop was first named as Agricultural Cooperative Company.
Who are the owners of the cooperative?
Cooperatives are democratically owned by their members, with each member having one vote in electing the board of directors. Cooperatives may include: businesses owned and managed by the people who use their services (a consumer cooperative) organizations managed by the people who work there (worker cooperatives)
Who is the father of Philippine cooperative?
Who is the highest authority in a cooperative?
The general assembly
– The general assembly shall be the highest policy-making body of the cooperative and shall exercise such powers as are stated in this Code, in the articles of cooperation and in the bylaws of the cooperative.