...Credit cooperatives play a very vital role in the socio-economic life of Filipinos. They act as an important driver in the development of the country’s economic and social conditions. Cooperatives are more urgently needed in society among social groups with less income and resources than by those with sufficient resources. Thus, cooperatives have proved to be effective instruments for the advancement of the working classes and the less fortunate segments of the society. Financial cooperatives such as credit cooperatives help to alleviate poverty in the Philippines. By making reserve funds, these cooperatives help to lessen members’ burden in search for immediate cash assistance such as medical emergencies or unforeseen expenditures. They promote savings, thriftiness and future investments and expense like education plan. Financial cooperatives also provide the necessary funding to their members such as micro-financing loans to small and medium enterprises that later on will generate additional jobs and profits, and grant loans that will help farmers increase agricultural production. A credit cooperative also promotes significant involvement to the growth of its members and community whereas Filipinos had appreciated that the real essence of fulfillment can only be achieved by promoting common good of others, particularly to the less fortunate members of the cooperative. These people have also realized the meaning of collective effort and cooperation to uphold general level...
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...Based on research, a general definition of cooperative learning refers to students working in teams on an assignment or projects under conditions in which certain criteria are satisfied, including that the team members be held individually accountable for the complete content of assignment or projects. However, different proponents have slightly different perception or view on Cooperative Learning. (Johnsons, et.al, 1991) mentioned that cooperative learning is the instructional use of small groups so that students work together to maximize their own and each other's learning. Then, Kagan (1994) stated that cooperative learning is a teaching arrangement that refers to small, heterogeneous groups of students working together to achieve a common goal. However, (Johnson, Johnson and Holubec, 1998) stated cooperative learning is a strategy that is used to maximize students achievement in schools; though, oftentimes it goes without being used to its fullest potential or is used in an unsuccessful. Woolfolk (2001) views cooperative learning as an arrangement in which students work in mixed ability groups and are rewarded on the basis of the success of the group. Another website resource studied that the term "cooperative learning" covers the subset of active learning activities which students do as groups of three or more, rather than alone or in pairs; generally, cooperative learning techniques employ more formally structured groups of students assigned complex tasks, ...
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...Principles of Cooperatives and Social Development PROF. DIANA LEE TRACY K. CHAN OVERVIEW OF COOPERATIVE --Cooperatives are utilized by the government as an effective tools for economic development; --The Cooperative Development Authority (CDA), the government agency in charge of development and monitoring cooperatives in the country; -- Traced back multi- purpose cooperatives to the subsistence farming traditions of Japan. Rural communities lived together by mutually assisting each other through need based production of primary commodities and exchange of surplus with others; --The basic principle behind this concept is the urge to fulfill local needs though local effort and establish a mutuality of interests within the community. -- The implementation of R.A. 6938 or the Cooperative Code of the Philippines, almost all cooperatives are now registered as multi- purpose cooperatives in order to simultaneously undertake four functions i.e., credit, marketing, purchasing and joint utilization of resources. DEFINITION OF COOPERATIVE --it is a VOLUNTARY ORGANIZATION OF PEOPLE who have agreed to pool their resources together in order to undertake an economic enterprise for the purpose of meeting their common needs, and which they themselves democratically manage and control, and share the economic benefits on the basis of participation and patronage. -- they are also business enterprises which the members themselves own, manage and control in accordance with accepted...
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...Credit cooperatives play a very vital role in the socio-economic life of Filipinos. They act as an important driver in the development of the country’s economic and social conditions. Cooperatives are more urgently needed in society among social groups with less income and resources than by those with sufficient resources. Thus, cooperatives have proved to be effective instruments for the advancement of the working classes and the less fortunate segments of the society. Financial cooperatives such as credit cooperatives help to alleviate poverty in the Philippines. By making reserve funds, these cooperatives help to lessen members’ burden in search for immediate cash assistance such as medical emergencies or unforeseen expenditures. They promote savings, thriftiness and future investments and expense like education plan. Financial cooperatives also provide the necessary funding to their members such as micro-financing loans to small and medium enterprises that later on will generate additional jobs and profits, and grant loans that will help farmers increase agricultural production. A credit cooperative also promotes significant involvement to the growth of its members and community whereas Filipinos had appreciated that the real essence of fulfillment can only be achieved by promoting common good of others, particularly to the less fortunate members of the cooperative. These people have also realized the meaning of collective effort and cooperation to uphold general level...
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...FREQUENTLY ASKED QUESTIONS 1. What is a cooperative? A cooperative is a duly registered association of persons with a common bond of interest who have voluntarily joined together to achieve a lawful, common social or economic end and who contribute equitably to the capital required and accept a fair share of the risk and benefits of the undertaking in accordance with universally accepted cooperative principles [Chapter I Art.2 Sec.8 of RA 6938]. 2. What government agency is charged with promotion and development of cooperative? The Cooperative Development Authority (CDA) which was created by Republic Act No. 6939 is the government agency that has the obligation to promote and help develop cooperatives. 3. What is meant by the registration of cooperative? In law, the registration of the cooperative is the operative act that grants juridical personality to a proposed cooperative and is evidenced by a certificate of registration [Art. 5, par. 7]. 4. What other documents have to be submitted to CDA for purposes of the registration of a cooperative? Document that describes the structure, purposes and economic feasibility of a cooperative that is being organized, its area of operation, the size of membership and other pertinent data are required to be submitted to the CDA [Art. 11] 5. With what CDA office may cooperatives be registered? To facilitate registration, applicants for registration should go to the nearest CDA office, which is located in the regional centers...
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...The Co-operative Society is yet another form of business organisation. It is formed in a similar manner like a Joint Stock Company. It is a unique form of organisation. It is started with the motive of organising and rendering services to its members. The first ever Co-operative movement was started by ROBERT OWEN in the year 1844, with 28 members called as ROCHDALE Society of Equitable Pioneers. It was a consumer's Co-operative Society. Definitions: The Word 'Co-operation' is derived from the Latin word 'Co-operative' meaning "to work with". It has been defined in various ways. 1. Calvert: "Co-operation is a form of organisation wherein the persons voluntarily associate together as human being on a basis of equality for the promotion of economic interests of themselves". 2. Talmaki: "It is an association of the weak who gather together for a common economic need and try to lift themselves from weakness into strength through business orgasnisation". 3. Sir Horace Plukelt: "Co-operation is self-help rendered effective by organisation. It is better farming, better business, better living". 4. International Labour Officer: "An association of persons, usually of limited means, who have voluntarily joined together, to achieve a common economic end, through the formation of a democratically controlled business organisation, making equitable contributions to the capital required and accepting a fair share of risks and benefits of the undertaking." 5. Dr. T.V. Raju:...
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...of Philippine Cooperative Based on available sources, notably the Cooperative Development Authority, tracing the history of Philippine cooperative movement would not be complete without mentioning the name of Dr. Jose P. Rizal who, in his travels to Europe in the latter part of the 19th century, was impressed with the success of a new economic movement which transformed the economic and social life of the Europeans. After his side trip to Sandakan, Borneo in 1892, Rizal requested Governor General Despujol to allow him to move with some relatives and friends to that place and establish therein a colony under the cooperative production and marketing plan of Robert Owen, who is acknowledged as the father of world cooperation. Instead, he was arrested for treason and banished to Dapitan, Zamboanga del Norte. In Dapitan, Rizal had his ideas in cooperation partially fulfilled. He put up a school for the poor community on a purely cooperative basis. He also established a cooperative store with the help of his pupils. One noteworthy group organized by Rizal was the La Sociedad de los Abacaleros (Society of Abaca Producers). This functioned for only one year. Rizal returned the members share capital without any loss. Another name worthy to mention is Teodoro Sandiko, who in his travels in Europe, must have had a close contact with the cooperative movement in Germany where he came across with the Raiffeisen movement. He was very much impressed by this type of cooperative and he looked...
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...Five Basic Elements in Cooperative Learning Abstract The term “cooperative learning” refers to an instruction method in which learners work together in small groups to achieve a common goal. There are more than five elements in cooperative learning but the most common and crucial ones are five which are individual accountability, positive interdependence, face-to-face promotive interaction, interpersonal and small group skills, and group processing. This report explains what these five elements are and how to implement these features in a cooperative learning group. 1.0 Introduction 21st century learning is often and always related to technological approaches while actually this type of learning is to fulfill the needs of being a 21st century learner. Hence in order to meet the needs of the 21st century learner and achieve the student outcomes, schools are asked to adopt a 21st century curriculum that blends thinking and innovation skills; information, media, and ICT literacy; and life and career skills in context of core academic subjects and at the same time required to employ methods of 21st century instruction that integrate innovative and research-proven teaching strategies, modern learning technologies, and real world resources and contexts. 1.1 Background Students’ learning goals may be structured to promote cooperative, competitive, or individualistic efforts. In every classroom, instructional activities are aimed at accomplishing goals and are conducted under...
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...Capstone Project Pre-Proposal Statement Project Title: | Online Cooperative Credit Inquiry System | Proponents/Researchers: | 1. Mark Angelo Mandigma | | 2. Mc Vincent Ringor | | | | | | | Rationale | Online Cooperative Credit Inquiry System is a system process in which data entered offline but information can be retrieved online. Any inquiry into an account, whether it be a depositary account or credit account. The inquiry can refer to past records, payments or other specific transactions, or any other entries relating to the account [1]. Most financial institutions have a formal department that deals with account inquiries. Sometimes the term is used when there is a request to or from a credit agency about a particular consumer [2]. A transaction whereby a bank or other credit-issuing institution views an individual's credit report in connection with a loan or credit card application. The purpose of a credit inquiry is to evaluate an individual's likelihood to repay money that is lent to them (known as creditworthiness) [3]. | Scope of the Study: | A Client of the Cooperative Agency can enter an Account Number (The Agency assign an account number when the client registered and avail a service offered by the agency). * Online Credit Inquiry System will access accounts and gives them an update about client balances, * Online Credit Inquiry System will access accounts and determine whether there is an overpayment...
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...National Cranberry Cooperative Case Study 1. How might transport vehicles be utilized more effectively? Should crews be scheduled differently on peak days? More crews should be scheduled in the bagging station during peak days The fourth bagging station should be utilized during peak hours (instead of just three of the four being used at a given time) An additional 2,667 bbls per 12-hour period could be processed with these changes At receiving plant no. 1 (RP1), trucks would arrive randomly throughout the day, with a random amount of berries, anywhere from 20 to 400 bbls. In order to utilize transport vehicles more effectively, there should be crews scheduled differently on peak days. It only takes 5 to 10 minutes to unload a truck into a Kiwanne dumper, but the backup would occur when the holding bins were full, causing drivers to have waits up to 3 hours. The backup is not occurring in receiving, so now additional crews are necessary at that station. All feed conveyors are in use during peak times so no new crews need to be added there. However, there seems to be a backup occurring in the bagging station. Instead of keeping the fourth bagging machine as a spare, they should add another five-member team to operate the fourth bagging machine during peak hours. This would result in an additional 2,667 bbls per 12-hour period, or a total of 10,667 bbls per 12-hour period. The additional crews and adding of a bagging station would reduce the number of berries that...
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...The Randolph Electric Membership Corporation follows an electric cooperative business model. The investor-owned models followed by bigger corporations, the corporations are mainly run by stockholders. This model holds the largest percentage of the consumer market. Duke energy is very popular in Randolph County, North Carolina, and the United States. Private corporations with a lot of power aren’t always the best. Municipal owned corporations are public utilities that are operated by the city in which they reside. Municipal owned corporations hold a smaller percentage of consumers than the investor-owned model, though higher than electric co-ops. Electric co-ops rank highest in member satisfaction among the three types of utilities. Electric co-ops serve the smallest number of consumers....
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...History OF COOP BANK 2013: Coop Bank is recognized as the Most Green Bank at the 2013 Energy Management Awards for achieving the fastest turnaround time for renewable energy and energy efficiency financing for SMEs and Large Enterprises, actively promoting “Green Financing” among clients and for being the bank with the largest pipeline of projects seeking green energy financing. 2011: For a second year in a row the bank wins Best Bank in Kenya award of the Financial Times of London. The bank also wins Best in Corporate Governance Award at the Annual Financial Reporting (FiRe) awards. 2010: The bank is recognised as Best Bank in Kenya in the Banker magazine awards of the Financial Times of London. 2009: The Bank is included by the Nairobi Stock Exchange as one of the stocks that constitute the 20 stocks used in the computation of the NSE 20-Share Index. 2009: The Bank undertakes the most rapid expansion of service outlets by opening an additional 22 branches within one year to close 2009 with 74 branches up from 52 as at the close of 2008. 2009: The Bank records a most phenomenal increase in customer accounts from just over 700,000 as at the close of 2008 to over 1.1 million at the close of 2009 driven by MD Liability Campaign launched by the CEO that requires staff to open a minimum of 5 accounts per month. 2008: The bank lists on the Nairobi Stock Exchange on December 22. The listing follows a public offer of 701.3 million shares at Kshs 9.50 which achieves an 81%...
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...------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- GADE. 2º curso ------------------------------------------------- ------------------------------------------------- Profesor: Eunate Elio ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- EMPRESAS ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ...
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...Transcript 1. Cooperative Identity, Values, Principles, Governance and Best Practices and Gentle Balanced Leadership By: Josefina B. Bitonio Supervising CDS A Lecture – Presentation for the 4th PamBuhay Parents Council Congress November 2, 2013 DMMMSU, Agoo, La Union 2. Cooperative Identity Groups of individual around the world and throughout time have worked together in the pursuit of human goals. Example of cooperation, collective action can be traced back to our prehistoric predecessors who recognized the advantages of hunting, gathering, and living in groups rather than on their own. 3. The earliest cooperative associations were created in Europe and North America during the 17th and 18th centuries. The pioneers of the Rochdale society in the 19th century England are celebrated for launching the modern cooperative movement. 4. The historical development of cooperative businesses can not be disconnected from the social and economic forces that shaped them. Cooperatives, then and now were created in times and places of economic stress and pressing social problems. 5. Due to their democratic organization and their economic orientation ‐ cooperatives contribute significantly to social integration, job creation and the reduction of poverty. Cooperatives are thus stabilizing regional economic cycles and can generate regional employment. The United Nations general assembly declared 2012 as the international year of cooperatives and thus acknowledges their...
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...Marketing by the cooperative Zvi Galor www.coopgalor.com 1. Cooperative Marketing A marketing cooperative is set up in order to market and sell the surplus produce of its members, being such a surplus, as they cannot consume themselves. Marketing cooperatives generally sell agricultural produce, but there are also those, which sell fish produce or handicrafts. There are also other definitions of cooperative marketing. Margaret Digby defines a marketing cooperative as a system in which a group of farmers join together in order to carry out part or all of the processes involved in bringing the produce from the producer to the consumer. The Bank of India defines a marketing cooperative as a society of farmers, organized for the purpose of helping the members to market their produce, so as to obtain higher profits than is possible by way of private marketing [1]. The reasons for the establishment of such cooperatives are: When there is a surplus in production over the consumption. In order to save expenses for middlemen who benefit from the producer in various fields, such as: bad weight, very low prices and loans at high rates of interest. When the system in force is archaic, it does not meet the requirements at all, involves many middlemen or compensates very weakly for the producer's work. Thus, a marketing cooperative must offer its members a more efficient service than that in force, so that its members obtain a greater profit from their work. ...
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