Pre-Membership

Education Seminar
(PMES)
AIM-MPC Guide to Cooperative

By the Education & Training Committee

Education & Training Committee with the Trainers
 OBJECTIVES of PMES
1. To provide knowledge of the fundamentals
of cooperative ideals to prospective members.
2. To illustrate to the prospective member
that through self reliance and mutual help
their individual needs may be met.
3. To emphasize AIM-MPCs philosophy, guiding
principles, policies, procedures, products,
services and brief history.
4. To enable the participant to decide if they fit in
to the duties and responsibilities of membership
and join AIM-MPC.
 TOPIC OUTLINE

I. General Concepts and Principles

• Definition of Cooperative
• Objectives and Goals of a Cooperative
• Cooperative Values and Principles
• Coop Difference
 TOPIC OUTLINE

II. AIM-MPC
• Brief History
• Objectives
• Vision, Mission and Core Values
• Types of Membership
• Members’ Rights and Responsibilities
 TOPIC OUTLINE

III. Products and Services

• Savings and Loans
• Apple Products
• Car Loan thru Union Bank
• Business Related Items
• Health and Wellness Services
• Other Services
 TOPIC OUTLINE

IV. How to become a member of

AIM-MPC?
• Qualifications
• Requirements
 TOPIC OUTLINE

V. Forms
• Members’ Profile Form
• Share Subscription
• Authority to Deduct (ATD)
• Attachment A (Schedule of Deduction)
• Request for Additional Deduction
 What is a
Cooperative

GENERAL CONCEPTS
What is a Cooperative?

 Autonomous and duly registered

association

Common bond of interest

Voluntarily joined together

GENERAL CONCEPTS
What is a Cooperative?

 Members patronize their

products and services Loan
Services

 Members accept a fair share of

the risks and benefits

GENERAL CONCEPTS
 Definition of a Cooperative
Republic Act 9520
Philippine Cooperative Code of 2008
An autonomous and duly registered association
of persons, with a common bond of interest,
who have voluntarily joined together to achieve
their social, economic, and cultural needs and
aspirations by making equitable contributions
to the capital required, patronizing their
products and services and accepting a fair share
of the risks and benefits of the undertaking in
accordance with universally-accepted
cooperative principles.
 Objectives and Goals
of a Cooperative
• The primary OBJECTIVE of every
cooperative is to HELP IMPROVE the
QUALITY of LIFE of its members.
Objectives and Goals of a Cooperative

• Provide goods and services to its

members to enable them to attain
increased productivity.
• Provide optimum social and economic
benefits to its members.
• Teach members efficient ways of doing
things in a cooperative manner.
Objectives and Goals of a Cooperative

• Propagate cooperative practices and new

ideas in business and management;
• Allow the lower income and less
privileged groups to increase their
ownership in the wealth of the nation;
and
Objectives and Goals of a Cooperative

and
• Cooperate with the government, other
cooperatives and people-oriented
organizations to further the attainment
of any of the foregoing objectives.
COOPERATIVE

BASIC COOPERATIVE VALUES

ETHICAL VALUES
 These are general norms that co-operators,
BASIC COOPERATIVE VALUES: officers and staff should share and which
should determine their way of thinking and
acting.

In cooperatives, people help

each other while helping
themselves by working together
for mutual benefit.

Individuals within cooperatives act responsibly

and play a full part in the organization.

COOPERATIVE VALUES
 A cooperative is
structured such
that members have
control over the
organization – one
member, one vote.

Each member has

equal rights and
benefits (according
to their
contribution).

COOPERATIVE VALUES
Members will be treated
justly and fairly.

COOPERATIVE VALUES
We’re all in this together
Members support each
other and other
cooperatives

COOPERATIVE VALUES
 These are values that describe the kind of people
ETHICAL VALUES: we strive to be and the traits we hope to encourage.
In the tradition of their founders, cooperative members
believe in the ethical values of:

Being truthful to others and to yourself.

Doing what’s right regardless of who’s
around. Being someone others can trust.

Transparency of records

OPENNESS

COOPERATIVE VALUES
 ETHICAL VALUES:

Concern for the total well-being of individuals

within communities, both internal and external.

COOPERATIVE VALUES
THE

7 Cooperative

The cooperative principles are guidelines by which cooperatives

put their values into practice.
 1
Open and Voluntary
Membership
Coops are voluntary organizations and open to all persons
willing to accept the responsibilities of membership,
without discrimination.

2 Democratic Member
Control

Coops are organizations democratically controlled by members who

participate in setting policies and decisions. Elected officers are
accountable to the membership. There is equal voting rights –
One Member, One Vote. No proxy voting.

7 COOPERATIVE PRINCIPLES
 31 Member Economic
Participation
Members contribute equitably to, and democratically control,
the capital of their cooperative. Members’ benefit is in
proportion to their transactions with the coop and their
support to other coop activities.

4
Autonomy and
Independence
Coops are autonomous, self-help organizations controlled by
members. If coops enter into agreements with other organizations,
they must ensure democratic control and maintain their
cooperative autonomy.

7 COOPERATIVE PRINCIPLES
 5 Education, Training
Information
and

Coops provide education and training for their members, all

officers, managers and employees so they can contribute
effectively to the development of their coop.

7 COOPERATIVE PRINCIPLES
 6 Cooperation among
Cooperatives

Coops serve their members effectively by working through

local, regional, national and international linkages.

7
Concern for
Community
Coops work for the sustainable development
of their communities.

7 COOPERATIVE PRINCIPLES
 COOPERATIVE VS CORPORATION

MEMBERS ARE THE STOCKHOLDERS are the

OWNERS & CUSTOMERS OWNERS
HIGHEST AUTHORITY is HIGHEST AUTHORITY is the
the MEMBERSHIP MAJORITY STOCKHOLDER

SERVICE TO MEMBERS RETURN of INVESTMENTS

is the PRIORITY is the PRIORITY
NUMBER OF VOTES
ONE MEMBER DEPENDS on the
ONE VOTE NUMBER of SHARES of
STOCKS
With DIVIDENDS and With DIVIDENDS BUT NO
PATRONAGE REFUND PATRONAGE REFUND
By MEMBERS
 1989
FOUNDATION
(The Beginning)
• Avon GM
Jose Mari Franco(+)
through Mr. Ted
Estacio
• FM Tomasa
Montemayor(+)

A
I
D
C
C
I
 1989
FOUNDATION
(The Beginning) 1991
TAFT
• Avon GM MEMBERSHIP
Jose Mari Franco(+)EXPANSION SHAW
through Mr. Ted
Estacio
RECRUITMENT EDSA
• FM Tomasa in
Montemayor(+)
Metro Manila LAS PINAS
Branches
 15 INCORPORATORS
1989
1991
FOUNDATION
1992
(The Beginning) TOMASA
MONTEMAYOR
JULIET
PALAVINO
VIRGIE
FOJAS
AIDA
VELOSO
MARY
VICENTE

RECRUITMENT
• Avon GM
REGISTERED
•With CDA
Jose Mari
Franco(+)
Metro Manila ELEONOR VENUS ERLINDA TERESITA DOLLY

(AID-CCI)
Branches
MANALANG MALICSI ARNAN GARCIA FALCON

• FM Tomasa
Avon
Montemayor(+
Independent
)
Dealers’ Credit ADELINA
MARGARITA ANGELITA ZENAIDA JUDY ERA
Cooperative Inc. SAN PEDRO CUBOS MENDOZA TAROC
BASSIG

Registration No. 9520-16004932

 1999
2003
AID-CCI changed
its name to
AIM-CC changed
its name to
AIM-CC
AIM-MPC
Avon
Avon Independent Managers’
Independent
Multi Purpose Cooperative
Managers’ and
Credit
OPENED
Cooperative its MEMBERSHIP
to PROVINCIAL branches
nationwide
 2005
AIM-MPC
purchased a
condominium
unit as office

Unit 18 2F Facilities Centre,

Mandaluyong City
 2013
AIM-MPC
TRANSFERRED
to its OWN
OFFICE BUILDING

884 SAMAT ST.

Brgy. HIGHWAY HILLS,
MANDALUYONG CITY
AIMMPC
AIM-MPC

1. To save and invest

2. To create funds and grant

loans to members for
productive purposes

3. To promote the cooperative as a way of

life for improving social and economic
well-being of the members
AIM-MPC VISION
“ We are the
choice for
financial
and social
empowerment
towards
global
excellence.”
MISSION STATEMENT

“The cooperative that

excels members’
delight!”
 CORE VALUES

ANAGEMENT
A CCOUNTABILITY M of CHANGE
NTEGRITY ROFESSIONALISM
I NNOVATIVENESS P ro-active Stand
ONTINUOUS
M OTIVATION C EDUCATION
 AIM-MPC ORGANIZATIONAL STRUCTURE
GENERAL ASSEMBLY

ELECTION COM. BOARD of DIRECTORS AUDIT COM.

GEN. SECRETARY GEN. TREASURER

EDUCATION CREDIT & BRDC ETHICS MCC GSD

& TRAINING COLLECTION

TRAINERS
MANAGEMENT STAFF
MBCs & PCs
Types of Membership
1. Regular
 Refers to a member who has the right
to vote or be voted upon and shall be
entitled to all rights and privileges

 Have completed the initial share

capital of P5,000.00

TYPES OF MEMBERSHIP
2. Associate

 Refers to a member who has NO right to

vote or be voted upon and shall be
entitled only to such rights and privileges
as the By-laws may provide
 Members who have NOT yet completed
the initial P5,000.00 share capital
contribution
TYPES OF MEMBERSHIP
 MEMBERS’ Rights

To receive To elect
dividend officers

MEMBERS’ Responsibilities

To put up
share To vote
capital
 MEMBERS’ Rights

To be To participate
elected or suggest

MEMBERS’ Responsibilities

To fulfill To attend
duties as meetings
officer
 MEMBERS’ Rights

To receive
patronage To borrow
refund
MEMBERS’ Responsibilities

To patronize
To pay
goods and
services back loans
 MEMBERS’ Rights

To receive To promote/
information work for the
coop
MEMBERS’ Responsibilities

To give To support
feedback the coop
PRODUCTS &
SERVICES
1. Savings Deposit
 Minimum deposit of
P500.00 to earn interest
 Withdrawable upon prior
notice
 Interest rate of two
percent (2.0%) per annum
 NO WITHHOLDING
TAX
2.TIME Minimum deposit of
P 20,000 to earn interest.
Deposit NO WITHHOLDING TAX
 Loan Products
1 2

PRODUCTIVE PROVIDENTIAL
A loan intended for additional A loan intended for
BUSINESS CAPITAL and/or SOCIAL and ECONOMIC
BUSINESS EXPANSION. purposes.
Loan Products

3 4

TRIP LOAN
SPECIAL
A loan intended for SPECIAL A loan intended to support
and EXTRAORDINARY TRAVEL EXPENSES whether
personal, family, or Avon trip
PURPOSES.
incentive.
Loan Products

5 6

BRIDGING CALAMITY
A loan offered to
A loan intended for members directly affected
short-term cash needs. by natural calamities.
 Loan Products

7 8

BACK TO BACK
A loan based on members’ SAVINGS,
PRIVILEGE
TIME DEPOSIT or RETIREMENT FUND
with no co-maker. This also includes A loan granted to
Associate members’ initial share hardworking officers
contribution (P1,000 min.).
Other Loan Product - Seasonal

HOLIDAY SEASON LOAN

A loan intended to help members
cope with the yuletide season
expenses of their Avon business.
With special guidelines to follow.

PRODUCTS & SERVICES

TERMS OF PAYMENT:

REGULAR TERM
OR
PAYLITE TERM

PRODUCTS & SERVICES

 .05% to 2%
DEPENDING ON THE TYPE OF LOAN
Computed at Diminishing Balance

PRODUCTS & SERVICES

SAMPLE TYPE OF LOAN : PRODUCTIVE
Loan Amortization AMOUNT OF LOAN : P10,000.00
Computation: TERM OF LOAN : 4 Months
DIMINISHING Balance Interest Rate : 1% Diminishing
INTEREST
SCHED SERVI TOTAL
ON MONTHLY
ULE OF PRINCIPAL CE MONTHLY
DIMINISH EQUAL
PAYME AMOUNT AMORTIZ CHAR AMORTIZA
ING
NT ATION GE TION
BALANCE
1st P 10,000.00 P 100.00 P 2,500.00 P 50.00 P 2,650.00
2nd 7,500.00 75.00 2,500.00 - 2,575.00
3rd 5,000.00 50.00 2,500.00 - 2,550.00
4th 2,500.00 25.00 2,500.00 - 2,525.00
TOTAL P 10,000 P 250.00 P 50.00 P 10,300.00
 Apple GADGETS
iPad

iMac

iPhone
Apple business gadgets:
available on twelve months payment terms
 OTHER
PRODUCTS
& SERVICES
 HEALTH & WELLNESS: Products
and Services
Members’
Annual
Medical Check up

Blood letting

Anti pneumonia
 VACCINES
Anti influenza
ANNUAL HEALTH & WELLNESS PROGRAMS to DIFFERENT
REGIONS: LUZON, VISAYAS, MINDANAO & NCR
OTHER Products and Services

CAR LOAN thru Union Bank

 MABS for SENIOR CITIZENS and
UNINSURABLE MEMBERS ( In-house Insurance)
This in-house insurance PREMIUM WITH 5%
INCREMENTAL ANNUALLY
coverage is designed for: PRIMARY WITH
YEAR
MEMBER SECONDARY
1. SENIOR CITIZEN Member
who at the time of his 2014 4,280.00 8,560.00
membership in the Coop is 2015 4,494.00 8,988.00
above 65 years old. 2016 4,718.70 9,437.40
2017 4,954.64 9,909.27
2018 5,202.37 10,404.73
2. UNINSURABLE Member 2019 5,462.49 10,924.97
who is not in his senior year 2020 5,735.61 11,471.22
BUT was declined by the 2021 6,022.39 12,044.78
insurance provider due to 2022 6,323.51 12,647.02
health or medical problems 2023 6,639.68 13,279.37
2024 6,971.67 13,943.34
MABS Benefits for Senior Citizens
and Uninsurable Members

Table of Benefits

MORTUARY BURIAL ACCIDENT

P100,000.00 P10,000.00 P10,000.00

 A Micro-Insurance with Livelihood Program

A group accident
insurance
protection with an
annual premium
of only PhP200.00

The cardholder is
insured against
accidents occurring
anywhere in the world
for 365 days, as per
benefits overleaf and
the accompanying
Insurance Conditions.
OTHER Products and Services

CARITAS For members’ comprehensive

Health Shield health care program;
Premium rate varies on plan;
20% discount on premium
during the 1st year of payment;
open to applicants who are in
good health aged 7-60 years
old;
 No medical examination
required.
OTHER Products and Services

 For members’ funeral

service;
 Premium rate varies on
plan;
 20% discount on
premium during the
1st year of payment;
 BUSINESS Promotion Items

SMALL 1 x 1.5 = P35.00

MEDIUM 1.5 x 2 = P 70.00 or 3 for P100.00

AVON BUSINESS TARPS, CASH BASIS ONLY.

OTHER Products and Services

P180 P69 P58 P50

P25
P200
 AIM-MPC’s
SOCIAL RESPONSIBILITY

Demonstrating CONCERN for the HEALTH and

WELL-BEING of individuals within communities
and a commitment to help them help
themselves
 EXTERNAL COMMUNITY

SCHOOL CHILDREN FEEDING PROGRAM

GIVE A BOOK PROGRAM
MEDICAL, DENTAL, OPTICAL MISSIONS
 INTERNAL COMMUNITY
• REGIONAL MEDICAL MISSIONS
• HEALTH and WELLNESS
LOVE EDUCATION, LIVE
• SCHOLARSHIP PROGRAM LIFE
A SCHOLARSHIP
DEVELOPMENTAL GRANTS
TRAINING for
PROGRAMS
• DEVELOPMENTAL
SOCIAL TRAININGS
5 HIGH SCHOOL and 5 COLLEGE
For OFFICERS Students
and MEMBERS
• BLOOD LETTING
DEVELOPMENT
PROGRAMS
 HO W to
C O M E an
BE
AIM - M P C
Me m b er
Qualifications of Membership:

 ALL Avon Sales Leaders

(From UM to GMAC
segments)
 ALL Avon Business Partners
(BPs) with authorized
representative
REQUIREMENTS TO BECOME
A MEMBER - INDIVIDUAL
 Must attend the prescribed Pre-
Membership Education Seminar
(PMES): GUIDE TO COOPERATIVE
 A natural-born Filipino citizen
 Of legal age, with capacity to contract
 Must possess a good moral character
 Fully paid on the membership fee
 REQUIREMENTS OF MEMBERSHIP
for AVON BUSINESS PARTNERS
 Must attend the prescribed PRE- MEMBERSHIP
EDUCATION SEMINAR (PMES): A GUIDE TO
COOPERATIVES
 Must submit the following documents:
- Articles of Corporation and By-Laws
- Bank Certificate
- Secretary’s Certificate (incorporators; signatories)
- Treasurer’s Certificate (shares of stocks of each
incorporator)
- Photocopy of Insurance of the branch
- Photocopy of contract with Avon Cosmetics Inc.
To Become a Regular Member
Applicant must pay the following:
Membership Fee (Non-refundable) - P1,000.00
Initial Share Capital - 5,000.00
Mutual Aid Benefit System (MABS-CISP) - 890.00
Notarial Fee (Cash Basis) - 100.00
Sub-TOTAL - P6,990.00
Add (Optional):
Group Yearly Renewable Term Insurance (GYRT) - 870.00
GRAND TOTAL - P7,860.00
Mode of payment: Cash /*Service Fee Deduction/PDC
* P500.00 monthly minimum deduction
Understanding the terms on
the payment table
 What’s included the
Membership Fee?

• Membership ID
• Passbooks
• Membership kit
 SHARE CAPITAL
The money required to be
paid by members for the
Cooperative’s capital
build-up scheme and for
its operations.
Limited to 10% of the Authorized Share Capital
of AIM-MPC (1 Billion)
 * SHARE CERTIFICATE *

Issued to Members with a minimum

P20,000.00 PAID UP SHARE CAPITAL
Mutual Aid Benefit System - MABS
COOPERATIVE INSURANCE SYSTEM
of the PHILIPPINES
Entry age is 18 to 64 years old and five
months
 Coverage up to 95 years old
 Annual Premium : P890.00 / year
Has a contestability period of six months
Mandatory for all members

Burial Total and Permanent

& Life Insurance Disability
P120,000.00
BENEFITS P75,000.00
 GROUP YEARLY RENEWABLE TERM - GYRT
Comprehensive Insurance Benefit Package

OPTIONAL
 Entry age is from 18 to 64 Life P100,000.00
years old who are actively
Accidental Death,
performing the daily normal Dismemberment and P100,000.00
chores of life; Disablement

 coverage up to 69 years old Family Assistance Benefit

P10,000.00
(Burial)
 Annual Premium: P870.00
 65 – 68 and 6 mos. entry age,
Hospital Income Benefit – P500.00/ day
half payment of benefit due to Accident only (45 days max)
OPTIONAL: Secondary Membership to
MABS – CISP / GYRT – PhilAm Life
An AIM-MPC member has the option
to enroll a secondary member to
MABS and GYRT, but must pay the
same amount of annual premium.
MABS – CISP P 890.00
GYRT – PhilAm Life 870.00
Total Annual Premium P 1,760.00
Once FULLY PAID, the NEW REGULAR MEMBER
will receive this MEMBERSHIP KIT

A Welcome
Letter

Awarding of this kit will be within two months after

full payment and release of final membership report and
distributed during TRAINER’S VISIT in the branch OR through
their PCs or MBCs.
 FORMS TO FILL UP
1. Member’s Profile
 with 1 pc. 2x2 latest picture
2. Share Subscription (Share Certificate)
3. Attachment A (SFD)
4. Authority to Deduct (2 copies)
5. Any ID as proof of identity
a. Any Government issued ID
b. 13-digits SL Account Number
SERVICE FEE DEDUCTION
Statement

MARIAN MAKULOT
MAKILING

MARIAN MAKULOT
MAKILING
ACCOUNT NAME
Avon Independent Managers
Multi-Purpose Cooperative

ACCOUNT
NUMBER
3301-0277-36
 CONTACT NUMBERS
Telephone No. (02)531-2191
(02)535-7969

Fax No. (02) 717-7093

MOBILE NUMBERS:
0908-8202614 (SMART) – Loans
0917-5178903 (GLOBE) – SFD
0917-5452414 (GLOBE) – PC concerns

Email Address: aim_mpc@yahoo.com Aim-Mpc

WELCOME to AIM-MPC
This New PMES Module was revised by:
RENY O. ACOSTA
EdCom Vice Chairperson and Lead Trainer
07.07.16