TABUK CITY, Kalinga– Two local cooperatives have recently signed a Memorandum of Agreement (MOA) on the Sisterhood Program of the City Cooperatives and Enterprise Development Office (CCEDO).
The cooperatives involved are the Holy Trinity Cathedral Multipurpose Cooperative (HTCMPC), a large cooperative, and the Ipasil Credit Cooperative (ICC), a medium cooperative.
During the Koop Kapehan Program held today at ICC office in Bulanao, CCEDO Program Development Officer Engr. Ronald Ryan Jose said that the agreement between the two cooperatives aims to foster cooperation, develop collaborative programs, and establish a long lasting relationship as well as the exchange of experience and initiatives on areas of mutual interest such as investments, education and training and community programs.
Jose said that the two parties have set of responsibilities to fulfill and to live up the value cooperation among cooperatives.
Both parties agreed on the following collaborative programs on the conduct of in-house training, coaching, tutorial on basic bookkeeping and delinquency control; assist in the promotion and marketing of the services or products of the cooperative; and make investment thru savings or time deposits. Likewise, they agreed to allow the program coordinators of the CCEDO to document the progress of the program for filing or documentation and for press release, Jose explained.
The CCEDO believes that as long as cooperativism empowers citizens in order to avoid dependency on government aid, “Sisterhood” will reach to more cooperatives, and the city government, through the leadership of Mayor Darwin Estrañero, will also continue to support cooperatives through provision of various assistance such as the Cooperative Assistance for Rural Empowerment to assist micro and small cooperatives improve their operations.