July-October 2018 KASANAG Page 1 JULY - OCTOBER 2018 | VOL. 12. NO. 2 DCCCO is 2018 Gawad Parangal Awardee DCCCO DCCCO Multipurpose the Regional Gawad Chairman of the Board Multipurpose Cooperative, which Parangal held at the of Administrators, Usec. Cooperative is the 2018 result in empowering and Provincial Capitol, Cebu Orlando R. Ravanera, CDA Gawad Parangal alleviating the lives of City. This award was Dr. Nora P. Patron, and National Awardee for its members, benefiting given by the Cooperative Governor Hilario Davide achieving excellence the whole community as Development Authority Jr. in providing financial well. The awarding was (CDA) to recognize the Other recipients products and services to held on October 26, 2018 exemplary performance from Negros Oriental members. at the Novotel, Cubao, of cooperatives, coop were the Provincial The Office of Quezon City. BOD Chair leaders, cooperative Cooperative Development the President in the William Ablong and CEO development offices and Council (PCDC) for Best Malacañang Palace, Flordeliz Bokingkito local government units. Performing Cooperative through the Cooperative received the award. With the award received, Council, Atty. Gloria G. Development Authority On September DCCCO qualifies in the Futalan as Outstanding (CDA), recognizes the 17, 2018, DCCCO national level. Cooperative Leader, effective and efficient Multipurpose Among the and NORECO ll as Best provision of financial Cooperative was First guests present during Performing Electric products and services of Runner-up during the awarding were Cooperative. Page 2 KASANAG July-October 2018 perspectives: Financial, Customer/Member, Internal Business Process, DCCCO @ and Learning and his year’s Asian Credit Growth. Union Forum which The results was held in the showed that T DCCCO is a Philippines coincided with the 200th Anniversary performing of Frederick cooperative; Raiffeisen, yet despite the the founder number of years of of credit existence, the local, union; hence, regional, and national the theme of employees. awards received, and “Rekindling With the growth of the statistics to prove Raiffeisen’s Ideologies in DCCCO, how far has it reached our achievements, DCCCO the Heart of Every Credit out to our members? Within still needs to work hard Union.” The ideologies he 50 years of its operation, can before we can truly say WE conceived and shared to 235 we say that DCCCO has given ARE A MULTIPURPOSE million members of financial a huge impact in the lives of COOPERATIVE, a world cooperatives around the world its members? Has DCCCO class cooperative that serves helped to better their lives. been able to address the needs as a catalyst in improving the Raiffeisen stressed on equity, of its members? Has the idea lives of Filipinos. participation, self-reliance, of helping people to help We hope that the and transparency. themselves been observed? ideologies Raiffeisen DCCCO Multipurpose To be able to measure introduced in the cooperative Cooperative also celebrates the journey of our cooperative, would continue to inspire its 50th year this year. It we submitted to an evaluation. DCCCO as it continues to has grown big as shown in The assessment was anchored soar. statistics: 106,150 members. on the 4.6 billion total assets, eight scorecard branches, additional satellite under the offices, and increased number following July-October 2018 KASANAG Page 3 DCCCO Multipurpose Cooperative Holds Official Groundbreaking Ceremony for its own DCCCO Hotel homegrown cooperative, DCCCO Multipurpose Cooperative, formerly Dumaguete Cathedral Credit A Cooperative, officially broke ground on its new venture – a five-story DCCCO Hotel on Monday, June 18, 2018 at Upper Luke Wright Street, Poblacion 2, Dumaguete City, just behind the DCCCO Main Office building. The DCCCO hotel will have 54 guestrooms, function rooms, a restaurant, coffee shop, fitness gym, a street-level ground floor parking area and a one of a kind rooftop swimming pool with a relaxing view of the city and its scenery. The groundbreaking ceremony was witnessed by DCCCO’s Board of Directors: Chairperson William E. Ablong, Vice-Chairperson Atty. Vivian O. Maquiling, Mrs. Marina C. Mendoza and Atty. Lowell A. Andaya, Incorporators Dr. Sylvia L. Flores and Mrs. Patria C. Fortich, Chief Executive Officer Flordeliz V. Bokingkito, Managers Mildredo T. Umbac, Teodomero T. Almaida and Felix C. Pino, and Cooperative Secretary Epifania D. Sonjaco. It was also graced with the presence of the contractor, G. Uymatiao Jr. Construction, represented by Engr. Gregorio L. Uymatiao, Jr. and Arch. Gerard L. Uymatiao, the design team, R. Garcia and Associates, represented by Arch. Rainier V. Garcia, the DCCCO Technical Working Group (TWG): Engr. Teodoro R. Torrevillas, Engr. Renato S. Infante, Jr. Mr. Fernando T. Uy, Mrs. Fe P. Ortega, Brgy. Captain Pedro R. Suniega and the officials of Brgy. Poblacion 2, the Traffic Management Office headed by Mr. Gilbert E. Ablong, former General Manager Felicidad L. Ruiz, PFCCO CEO Emma S. dela Cerna, DCCCO officers and staff, and some members of the cooperative. Emanating from a humble beginning with minimal initial capitalization from parents and teachers of Dumaguete Cathedral College but with the noble vision of the founders, pioneering members and incorporators, DCCCO was organized in 1968. Now, it is recognized as one of the top cooperatives in the country, garnering local, regional and national awards for its best practices, good governance, transparency, poverty alleviation programs for its members and community service all for the glory of God. Looking back on how this prestigious cooperative came to be, the ceremony turns teary as speakers talk of its history, origin and the challenges it overcame these past 50 years. As it celebrates its golden jubilee, DCCCO Multipurpose Cooperative paves the way to progress not only for its member- owners but for the community and the whole cooperative movement. With a vision of being a world-class cooperative driven by excellence and caring service, DCCCO, through its hotel project, will provide each guest a truly memorable stay at “a comfortable and affordable home away from home.” Page 4 KASANAG July-October 2018 OFFICERS ATTEND 14TH NATIONAL COOPERATIVE SUMMIT By: Samuel B. Masayon, ETICOM, DCCCO-Bayawan Branch The 14th National Cooperative summit was held in Davao City with the Theme: “OVERCOMING CHALLENGES SUCCEEDING TOGETHER UNDER ONE APEX” last October 3-5, 2018 at SMX Convention Center Lanang, Davao City. It was hosted by local coop: MASS- SPECC Cooperative Development Center, VITO National, Tagum Cooperative, CLIMBS, Life and DCCCO Participants from different branches: from left: Mr. Emmanuel Jay Torred, General Insurance Cooperative Mr. Feljun L. Bomediano, Mr. Jayfrey B. Gapol, Mr. Marcelino C. Oro, Honorable Cong. Sabiniano S. Canama, BOD Atty. Vivian O. Maquiling, BOD Marina C. Mendoza, Felime M. and Coop NATCCO Network Facturan, Andrew C. Banquerigo, Lovjoy Tobongbanua and Samuel B. Masayon with ATING KOOP “(Adhikaing TInataguyod NG KOOPeratiba)” Party List. the great role for nation building Challenges in response to BSP’s DCCCO was one of the towards socio-economic progress Drive for Financial inclusion. Banks attendees to this great National and sustainable development. are reaching out to the unbanked, Cooperative Summit of all Philippine Cooperative Apex and the poor in rural areas. So, they Cooperatives with approximately (One Apex-Philippines perspective) established Micro Business Offices three thousand participants. The has been the topic of this convention (MBO), Branch-lite banking unit, DCCCO Officers were headed to be established in 2020 to have Cash agent delivery channels, basic by BOD officers Atty. Vivian ONE COOP INVESTMENT, ONE accounts for small value account O. Maquiling, and Mrs. Marina COOP INSURANCE and ONE transaction and National Retail Mendoza. Other Officers attending COOP BANK so that Primary Payment System. were representatives from Bayawan Coops will affiliate and support The PRODUCERS AND Branch, Bais Branch, Kabankalan the unification of Co-op Sector, MARKETING Pillars are combined Branch, Guihulngan Branch, Think and Act Big: “1Coop”. services of the cooperative. Most of Sibulan Branch, and Siquijor Now is the time to integrate, unify the cooperatives in Mindanao and Branch. and transform the Coop sector Luzon are producers coop and at Major sponsors of the event in the Philippines. As MASS- the same time marketing their farm were “1 Cooperative Insurance SPECC said, support coop projects products, feed mills, sugar mills, System of the Philippines (CISP)”, (water, health, rice, feed mills and plantations and etc. To date, they Life and General Insurance others) under the different Pillars: have a number of producers from Cooperative CLIMBS, and others. FINANCE, PRODUCERS AND micro cooperatives working on the The goal of the National MARKETING, SERVICES, and ground; they need assistance from Cooperative Summit was to unify EDUCATION AND ADVOCACY. Finance Pillar to sustain farmers’ all cooperatives in the nation as one Financial Pillar, was reported production and marketing efforts. representative. The activity was as by NATCCO, MASS-SPECC, They have linkages to medium and an opportunity for our cooperative CLIMBS, 1CISP, and METRO big co-ops on how they can catch leaders from all over the country SOUTH COOPERATIVE BANK. up marketing with production. The to discuss in one venue to address It spoke about a state wherein there structure of the small coops is