NATCCO eyes expansion in next 5 years
INQUIRER.net
10:20 pm | Saturday, May 26th, 2012
CEBU CITY – The National Confederation of Cooperatives (NATCCO) is
holding its 11th Cooperative Congress and 35th General Assembly on May
25 to 27 at the Waterfront Hotel. Attending are more than 600
representatives from member-cooperatives in the three major islands of
Luzon, Visayas and Mindanao.
To be discussed are internal business matters of the Network's
operations all over the Philippines. However, the highlight of the
General Assembly will be the report of the Chief Executive Officer, Mrs.
Sylvia O. Paraguya. Paraguya has reported a 25% increase in Assets, 16%
growth in membership, significant expansion in deposits and loans
released to member cooperatives, and greater member participation in its
services like the Stabilization Fund and its youth program, Aflatoun,
uptrend in the number of transactions of the Pinoy Coop ATMs, the
increasing emphasis on Financial Literacy and Social Performance
Management in its operations, and the Network's strengthening of
linkages with other cooperative federations.
Included in the agenda is the adoption of the new Vision and Mission of
the NATCCO Network, first proposed at a Strategic Planning held in
Antipolo, Rizal on March 23 & 24, 2012. It was attended by more than 40
staff, management, and directors of the Network, past and present.
The Network has launched its Electronic Fund Transfer-Point-of-Sale
(EFT-POS), which offers a collection system that is efficient and
minimizes fraud. It also provides other transactions like balance
inquiry, withdrawal, deposits, inter-branch and inter-cooperative fund
transfers.
Also launched was the Consultancy Services to members, which provides a
complete package that covers virtually every aspect of cooperative
operations: strategic planning, credit management, operations manual,
internal control, human resource management, marketing and more. This is
being implemented in cooperation with Canadian cooperative federation
Developpement Internationale Desjardin (DID).
More than 500 cooperative leaders from all over the country attend the
opening ceremonies of the General Assembly of the 35th National
Confederation of Cooperatives at the Waterfront Hotel Cebu City. The
leaders will discuss the general direction that NATCCO will take in the
next five years. JEFF MENDOZA
Outgoing Chairman, Reynaldo A. Gandionco, will also give his final
report, since it is his last term. Gandionco took over as Board Chair in
February 2009. Gandionco is also Chair of the Fairchild Cebu Community
Credit Cooperative.
Paraguya took over the reigns as CEO beginning in August 2009.
This year's theme is the same as that of the International Year of
Cooperatives as declared by the United Nations: "Cooperative Enterprises
Build a Better World."
In building a better world, Paraguya said that NATCCO's thrust will
always be to build a safe and sound federation. "This is important as
the member cooperatives want to see NATCCO as a model of excellence;
this excellence inspires trust among the members, within the co-op
sector in the Philippines, and internationally," she said.
The NATCCO Network was established in 1977. NATCCO today is the largest
cooperative federation in the country in terms of assets and array of
services offered to members, with 530 member-cooperatives.
"Our Network aims to remain a financially safe and sound federation,
build safe and sound cooperatives, give quality services to members,
remain a happy and rewarding place to work in, and promote cooperativism
in communities, among cooperatives, both locally and internationally,"
Paraguya said.
--
------------------------------------------------------------------------
CARLOS ANI - International Microfinance Consultant - SEEDFINANCE Corporation Chairman
Mailing address: PO Box 90 UPLB Los Banos Laguna, Philippines 4031
Emails: carlosani@gmail.com , carlosani@seedfinance.net
Landline Phone: +63495010127 (PLDT)
Cellphone Numbers: +639152919580 (Globe) and +639328590859 (Sun)
Websites:
CARLOSANI.COM - http://www.carlosani.com
DEVJOBS - http://www.devjobsmail.com
PHILDEVFINANCE - http://phildevfinance.posterous.com
My News Clippings - http://www.myclipps.posterous.com
Family website - http://www.anifamily.net
SEEDFINANCE Corporation - http://www.seedfinance.net
Skype name: carlosaniph
-----------------------------------------------------------------------
***********
This message is intended only for the named recipient and may contain confidential, proprietary or legally privileged information. No confidentiality or privilege is waived or lost by any misdirected transmission. If you received this message in error, please notify us immediately by telephone at +63495010127 and immediately delete this message from your system. If you are not the intended recipient, you must not use, disclose, distribute or copy any part of this message. Thank you.
***********
