ADTEMPCO Laboratory

Cooperative
The ADTEMPCO Laboratory
Cooperative envisions the
youth in instilling cooperative
values, principles, financial
discipline and leadership skills
among its members.
The ADTEMPCO Laboratory
Cooperative is an agent of
socialization aiming for the total
human development of the youth’s
financial education and in visualizing
their future; teaching the youth in
uniting their common dream to find
their harmony in the vision that we
share.
What is Aflatoun word
means?
Aflatoun is Arabic word which
means, ˝the explorer’’
In India, Aflatoun means, ˝ the
clever child’’
Also derived from ˝Plato’’, one
of the famous Greek
Philosophers
˝Separate fiction from
fact, explore, think,
investigate and act’’
- First ˝landed’’ in India
- Aflatoun class in the tribal
school in Maharastra India
- Promotes Social and
Financial Education to
Filipino Children
 Founder of the Aflatoun
Program

Jeroo Billimoria
Cong. Cresente C. Paez

A Coop –
NATCCO Party
List and brought
the Aflatoun
Program in the
Philippines year
2007
 Five Core Elements
Personal understanding and Exploration
Aflatoun increases a child’s confidence and understanding by helping
them explore their own identity from an early age.

Rights and Responsibilities

Aflatoun’s programme is grounded in the UN Convention on
the Rights of the Child. Children increase their understanding and
knowledge of their own rights as well as those of others.

Saving and Spending5

Children are interested in and collect things that they think have
value. Aflatoun promotes a broad and positive definition of
savings. Children save money and objects of personal value and
learn how to spend responsibly.
 Five Core Elements
 Planning and Budgeting

Planning and budgeting allow children to set both personal and financial goals for the
future. The concept of thinking ahead and planning is a life skill, and is key to individual
development. Children learn how to make concrete steps towards a goal that they have
set for themselves.

 Child Enterprise (Social and Financial)

Social and financial enterprise have children making social change or money to learn
about the world and realizing that they are able to accomplish things together.
As a Network
 Year 2011…

ADTEMPCO adopted the Aflatoun Program from

NATCCO. With the Pioneer Schools
1) DWCB – High School and Grade School Dep’t
2) HSAB – High School and Grade School Dep,t
3) Holy Ghost School
4) Little Flower High School
Fill-up Membership form
Initial Deposit - Php 25.00
Interest rate - 2% per annum
Maintaining balance - Php25.00
 Abra Diocesan Teachers and Employees Multi-Purpose Cooperative
Taft cor. La Zala Sts., Zone 4, Bangued, Abra

Laboratory Cooperative Membership Form

Name: ____________________________ ___________________________

________________________
Family Name Given Name
Middle Name
Birthday: _________________________ Sex: _____Male _____Female
Home Address:
_______________________________________________________________
Contact Number: _________________________________
Name of School:
______________________________________________________________
Grade/Year Level ___________________________________________________

OATH OF UNDERTAKING
As a member of ADTEMPCO Laboratory Cooperative, I do hereby undertake that I have to
uphold its By-Laws, policies, guidelines, rules and regulations promulgated by the
Authorized Officers and the General Assembly and I shall have the following duties and
responsibilities:
1. Participate in the capital build-up and savings mobilization activities
of the Laboratory Cooperative;
2. Attend all its programs and activities.
3. Patronize the Laboratory Cooperative’s businesses and services;
4. Participate in the membership education programs;
5. Attend and participate in the deliberation of all matters taken during
general assembly;
6. Observe and obey all lawful orders, decisions, rules and regulations
adopted by the Authorized Officers and the general assembly; and
7. Promote the purposes and goals of the Laboratory Cooperative, the
success of its business, the welfare of its members and the cooperative
movement in general.
Furthermore, I have to pay One Hundred Pesos (PhP 100.00) as my initial share
capital; Twenty Pesos (PhP20.00) as membership fee and invest at least Five
Pesos (PhP 5.00) per month for payment of my additional share capital.

I have affixed my signature as a sign that I have voluntarily agreed to become a

member of the Laboratory Cooperative with my parent’s consent.

___________________________________
_______________________________
Member’s Signature Parent’s
Signature over Printed Name

FOR OLD MEMBERS ONLY:

AUTHORIZATION

I hereby authorize ADTEMPCO to deduct One Hundred Pesos (PhP 100.00)

from my Aflatoun Savings Account as payment of my initial share capital to
become a member of the Laboratory Cooperative.

_________________________________
Member’s Signature
For P25.00, the
children can
already open a
savings account
with passbook.
Child-Friendly Banking:
Bringing the bank to the
schools
A collector from the
cooperative goes to the
school once a week to
collect the savings of the
pupils/students
 UPDATE ON PARTNER SCHOOLS
Public & Private - Grade School / High School

157
128
104
44
43
6 8 19
SCHOOL
2011 2012 2013 2014 2015 2016 2017 2018
 UPDATE ON PARTNER SCHOOLS
Public & Private - Grade School / High School
As of May 2019

164

SCHOOLS
 UPDATES ON MEMBERSHIP
Public & Private – Grade School / High School
17,763

15,338
13,206

10,256

6,611
3,795
2,904
1,795

2011 2012 2013 2014 2015 2016 2017 2018

 As of May 2019
18,273

2019
 17,607,645.91

13,188,582.34

10,277,939.66

5,872,165.08

2,279,295.50
1,861,452.12
1,392,579.41
488,196.36

2011 2012 2013 2014 2015 2016 2017 2018

GENERATED SAVINGS
As of May 2019

20,220,00
0.27

2019
GENERATED…