QUESTIONS

GROUP NAME: DIVINE ANGELS

What is the goal of the SJDM&CC?

- San Jose Koop’s main goal is to help elevate the financial position of its
members by providing them access to quality financial products such as
savings, loans, insurance, kaya savings, and others. San Jose Koop also
provides social welfare and livelihood programs that help the community.

Sample of livelihood and social welfare programs

- Rice and grocery distribution for home for elderly and religious missionary.
- donation sa orphanage
- green revolution (Tanim ng mga gulat at ibat ibang ornamental plants)
- distributed face mask sa tricycle operators and drivers association (TODA)

GROUP NAME: HUSTLIN HONEYS

Since still existing pa din ang SJDMSCC until now,

How to be a member of San jose delmonte savings and credit cooperatives?

meron bang fees na binabayaran?

- They have a website where you can register to be a member

Attend PMES (Pre-Membership Education Seminar)

Fill out the membership form

Submit 2 ID pictures and photocopy of 2 valid IDs

Pay the necessary fees and get your passbook

A. Membership with Damayan : Php 7,150.00
Php 5,000.00 – Share Capital
Php 1,200.00 – Damay Impok (Life Insurance Benefit)
Php 100.00 – Membership Fee
Php 50.00 – Seminar Fee
 Php 80.00 – ID Fee
Php 500.00 – Savings
Php 100.00 – KAYA Account
Php 120.00 – ATM
B. Initial Membership : Php 1,950.00
Php 1,000.00 – Share Capital
Php 100.00 – Membership Fee
Php 50.00 – Seminar Fee
Php 80.00 – ID Fee
Php 500.00 – Savings
Php 100.00 – KAYA Account
Php 120.00 – ATM

GROUP NAME: MARMIELAT

Why do you think the first borrowers are the officers of the coop?

- Since none of the members wants to borrow money. Just to get things started.
The cooperatives interim Chairman of the Board of Directors MR. ROMEO
A. DE JESUS is the first to borrow money, and persuade his colleague's
officers to borrow money from the cooperative, whether or not they needed it.

GROUP NAME: PIKACUTE

How does the cooperative still gain in equity and net increase in cash during the
pandemic?

- Since the pandemic started, all of us encountered challenges including

business enterprise, but the San Jose Koop, still manage to gain 989.9 equity
with a net increase of 141.3 million in cash. But they still suffer especially
when the lockdown started, for this reason, they started to use a cost
reduction program in which they lessen the expenses amounting to 24
million or 15% of their cooperative, for them to sustain the funds of the
cooperative.
GROUP NAME: VIRTUAL CLUSTER

If you are one of the 1st members this coop do you consider yourself
borrowing money from it despite the initial struggles?

- Despite the initial struggles of a cooperative, I will still consider myself

borrowing money from my cooperative. Since, one of the roles of being a
member is to patriotize your cooperative products and services, for the
cooperative also to grow and to persuade the potential members. If ever that I
won't patriotize our products and services they offer, there's a possibility that
potential members will be discouraged to join.

GROUP NAME: VICIOUS

Why did San Jose Koop conduct a business forum?

- San Jose KOOP hosts a business forum to unify, empower, and create a
space for the business community to ask questions about San Jose KOOP's
products and services and determine if all of the products and services are
actually satisfying to the members.

GROUP NAME: RANUNCULUS

How does patronage refunds benefit the members of SJDMS&CC?

- It benefits their members in a way that the interest from the loan that the
members avail to the cooperative also goes back to them. Since the San Jose
Koop profit from the loans will be distributed to the members as a patronage
fund. Supposedly, if that member acquires a loan to the bank, the interest
imposed on his debt is already part of the expense, but here in the coop,
some of the member’s interest will be his or her income.

GROUP NAME: Delicious

How much earnings did San Jose Del Monte Savings loss in the year 2020
during the COVID-19 Global Pandemic?
- In the year 2020, they lose revenue of 23.3 million which is equivalent to 10%
and P3.2 million or 4% in their total surplus. This is because of the low
business transaction during the total lockdown.