Constitution and Bylaws of GENARO

MULTI PURPOSE COOPERATIVE

The GENARO MULTI PURPOSE COOPERATIVE (GENARO MPC) with
office address at Sitio Fernandez, Poblacion, Magsaysay, Occidental
Mindoro has complied upon all requirements needed by the
COOPERATIVE DEVELOPMENT AUTHORITY (CDA)- Calamba Extension
Office has legally registered their cooperative in accordance with the
Republic Act 1920. All members of all this said Cooperative, GENARO
MPC has a common bond of interest , they joined voluntarily, of all
legal age, residence of the Philippines and they share the minimum
amount to be used as their capital share. This cooperative is
promulgated base upon the needs of each member of cooperative.
As to their legality, members of the cooperative also have
responsibilities and duties to be followed; each of members must pay
the installment of share capital and exercise their rights to have thrift
and savings mobilization activities of the cooperative; patronize
cooperative businesses and services, to participate in the education
program, to attend in the assembly meeting, to obey all lawful orders,
decision, rules and regulations adopted by the board of
directors(BOD) and the general assembly and to promotes the goals
and objectives of the cooperative.
Each members are entitled and have a privilege to vote or to elect
officers that they wanted to be the officers of the cooperative.
Remember, that only the registered members has the authority to
vote and there will be no substitute for them to vote. Members also
receives benefit comes from the cooperative; they provide goods
and services to each members for them to have an extra savings, to
improve their purchasing power and to promote equitable
distribution of income and wealth. They also practice all their
members to have new ideas when it comes in business activities and
they provide social and economic benefits among each members.
These stated statements is based upon the constitution and bylaws of
GENARO MULTI PURPOSE COOPERATIVE in accordance with Republic
Act 6938 also known as Cooperative Code of the Philippines.
In our country every cooperative has always goals and objectives that
will benefit to each member so that the succession of each
cooperative as well as the member will be continuously. Being a
member of cooperative you should always bear in your mind before
you enter into different kind of cooperative you should think twice
what would be the benefits of this? Or is it helpful to join or not? Or
what would be your responsibilities being a member of this
cooperative?...that would be some of the important questions that
you ask first to yourself before you join, so that you would be
prepared for whatever circumstances and challenges that you would
encountered.


























REPUBLIC OF THE PHILIPPINES
OCCIDENTAL MINDORO STATE COLLEGE
LABANGAN CAMPUS, SAN JOSE OCCIDENTAL MINDORO
COLLEGE OF BUSINESS ADMINISTRATION AND
MANAGEMENT


PROJECT
IN
COOPERATIVE
MANAGEMENT

Submitted By:
Yvonne C. Embanecido
Aireen Rose T. Barot
Richelle Ann P. Alcantara
Darleen Joy O. Basilio
Jocelyn L. Montalla

Submitted To:
Mr. Allan Paul F. Catena
Adviser