Sunday, March 22, 2009

CHEERS TO COOPS SUCCESS. . . .


Starting from February to March CLAD Management and Staff are very much busy attending General Assembly meetings of the different assisted and partner cooperatives and associations. This happened since CLAD wanted that all its coop partners should comply to the basic requirements set by the CDA as stipulated in its CDA Rules and Regulations that all cooperatives should conduct at least once in every year a General Assembly Meeting which will be held within the period of 90 days at the end of coop fiscal year.

This year, Mr Agustin Dignos, CLAD Chief Operations Officer and Operation Coordinator of DISOP assisted projects served as guest speaker whose role is to always encourage the member-cooperators to be always participative and vigilant to whatever activities the cooperative is doing. Members' active involvement in every coop affairs is one important key ingredient for the coop to succeed. According to him, there could be no Legacy Case and there should never have a similar case in cooperative if an only if members will always find time in attending Coop General Assembly Meetings. General Assembly Meeting, although cooperatives are required to conduct once a year only, is one of the most important activity that coop members should not miss since this activity would highlight the cooperative performance for the past year.

The results of the different cooperative operations are very much satisfying since cooperatives are giving their members a return on their investment ranging from 20 to 90 percent. This happened since most small cooperatives operate in a very low expenditure budget since majority of the members of the management staff are in voluntary basis which is good for starting coops.

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