Coop Soemco

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SOEMCO (Socorro Empowered Peoples Cooperative)

May 27, 1996


51 officials and employees of the municipal government of Socorro pool their resources of P33,500.00 to
organize a cooperative

July 18, 2004


The General Assembly resolved to amend the name of the Cooperative into Socorro Empowered
People’s Cooperative and changed the common bond of interest from institutional to residential.

July 2, 2009 to May 16, 2014


Five New SOEMCO branches were opened to cater the needs of the growing membership. Dapa,
Surigao, Alegria, Claver and Cantilan brances.

Mission
SOEMCO is committed to uplift the socio-economic condition of the members by providing quality
financial products and non-financial services.

Vission:
SOEMCO is the preferred inclusive, Entrepreneurial and Sustainable cooperative in Caraga Region.

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