PRE-MEMBERSHIP EDUCATION

SEMINAR (PMES)
 COOPERATIVE PLEDGE
As a Filipino, I am and I believe
in the cooperative.
Alone I am weak
but with others I am strong. Harmony, industry I will value.
So I commit myself Cooperative affairs I will attend.
to work, to cooperate
Responsibilities I will assume.
for all to be prosperous. The cooperative philosophy
I will live.
One vision, one belief, one feeling
In cooperativism, my life I pledge
So help me God.
WELCOME
 THE

IPEMPC
IPEMPC History

24 years
• Organized in 1991 and operating a
canteen called KADIWA.
• Duly registered with the (CDA )
Cooperative Development
Authority on April 19, 1993 with 63
incorporators and a Paid-Up
Capital of P11,225.
ABOUT IPEMPC

VISION
A trusted and competitive cooperative in the
Province of Iloilo with empowered membership
and a dynamic partner in development.

MISSION
To deliver efficient and effective financial
products and allied services to the members
and communities to improve their quality of life.
CORE VALUES

Integrity – possessing of principles adhering to high

morale principle or morale standard
Patronage – patronizing the products and services
of IPEMPC
Excellence – the quality or state of being
outstanding
Mutual Help – involving the same feelings for others
Professionalism – skill competence or character
expected of a highly educated member
Commitment – dedication to responsibilities
THE COOPERATIVE
An Introduction
WHY ARE COOPS SPECIAL?
COOPS are special because government wants to
foster them as practical vehicles in promoting self-
reliance and harnessing people towards attainment of
economic development and justice.
WHAT IS A COOP?

C – Capitalized / Controlled
O – Owned
O – Operated
P – Patronized
By the members themselves
COOPERATIVE

• Is autonomous and duly registered

• With common bond of interest
• Have voluntarily joined together to achieve their needs
and aspirations
• By making equitable contributions
• By patronizing their products and services
• By accepting a fair share of the risks and benefits.

In accordance with the universally accepted

cooperative principles.
PURPOSE OF THE COOP
 To encourage thrift and savings.
 To create funds and grant loans to members.
 To provide primary necessities of the members
and non-members.
 To promote the cooperative as a new way of
life for improving well-being.
 To work with the cooperative movement in the
promotion and development of cooperatives.
 To undertake activities for the effective and
efficient implementation of the Cooperative
Code.
GOAL / OBJECTIVE OF THE COOP

To help improve

quality of life of
its members
THE 7 COOP PRINCIPLES
1 Voluntary and
Open Membership
Cooperatives are voluntary
organizations
open to all persons able to use
their services
willing to accept the
responsibilities of membership,
without gender, social, racial,
cultural, political or religious
discrimination.
2 Democratic Member Control

- Controlled by their members who

actively participate in setting their
policies and making decisions.
- Men and women serving as elected
representatives, directors or officers accountable to the membership.
- Equal voting rights of one-member, one vote.
3 Member Economic Participation

Members contribute equitable to, and democratically control, the capital of

their cooperative. At least part of that capital is the common property
of the cooperative.

Members allocate surpluses for :

1. Coop Development
2. Members Benefits accdg. to patronage
3. Supporting other activities
approved by the membership.
4 Autonomy & Independence
Cooperatives are autonomous self-help
organizations controlled by their
members.
5 Education, Training & Information

Cooperatives shall provide education and training for their members,

elected and appointed representatives, managers and employees, so
that they can contribute effectively and efficiently to the
development of their cooperatives.
6 Cooperation Among Cooperatives

Cooperatives serve their members most effectively and strengthen the

cooperative movement by working together through local, national,
regional and international structures.
7 Concern for Community
Cooperatives work for the sustainable
development of their communities
through policies approved by their
members.
 THE

IPEMPC
Organizational Structure
 IPEMPC ORGANIZATIONAL STRUCTURE
General Assembly
GA (MIGS)

Audit Committee Board of Directors Election Committee

(5 members) BOD (9 members) (3 members)

Mediation Education & Credit Ethics

& Conciliation Training Committee Committee Committee
Committee (3 mem) (4 members) (3 members) (3 members)

Treasurer Secretary

Manager

Seaoil Canteen
Management Staff
Staff Staff
Authority of the General Assembly
The GA shall be the highest policy making
body of the cooperative and shall exercise
such powers as are stated in RA 9520, in
the Articles of Cooperation and by-laws of
the cooperative (Art. 33, RA 9520).
RESPONSIBILITIES OF THE GA

o To determine and approve amendments to the articles of cooperation and

by laws.
o To elect or appoint the members of the BOD, & to remove them for
cause; Decide on election related cases involving the Election Committee
or its members
o To approve development plans of the cooperative.
o The GA may, by a three-fourths (3/4) vote of all its members with voting
rights, present and constituting a quorum, delegate some of its powers to a
smaller body of the cooperative. These powers shall be enumerated under
the bylaws of the cooperative.
o Perform such other functions as may be prescribed in the By-laws and/or
authorized by the General Assembly.
ACCOUNTABILITY OF THE GA

Accountable to oneself, other

members and ultimately to the
community
BOARD OF DIRECTORS
 Art. 38. The board of directors shall be responsible for the
Strategic Planning, Direction Setting and Policy Formulation
Activities of the Cooperative.
BOARD OF DIRECTORS

Aaron P. Raymundo Everette R. Mamon

Chairperson Vice-Chairperson

Ma. Cecilia Nicelo Y. Ma. Roquito M. Ma. Fe P. Engr. Romeo Noemi H.

S. Sabido Caminian Concepcion Resano Rico Andig Viejon
Jesusa L.
Garrido
BOD LIMITATIONS
Art. 39, par (3). The members of the Board of
Directors shall not hold any other position directly
involved in the day to day operation and management
of the Coop.
 Art 39, par (4). Any person engaged in a business
similar to that of the Coop or who in any way has a
conflict of interest with it, is disqualified from election
as a Director if said Coop.
 COMMITTEES
CREDIT Modesto Margarico, Jr. – Chairman
COMMITTEE Mindalina Quiling – Member
Nora Sampiano - Member
EDUCATION Everette Mamon – Chairman
& TRAINING Mila Layog – Member
COMMITTEE Tely Leal – Member
NC Belloga – Member
Erly Garcia - Member
ELECTION Mae Anne Guarnes – Chairman
COMMITTEE
Engelie Pagulong – Member
Leni Disin – Member
ETHICS Maria Rey Ubay – Chairman
COMMITTEE Atty. Arturo Cangrejo – Member
Antonio Muralla- Member
MEDIATION & Marylou Sumbing – Chairman
CONCILIATION Maria Rey Ubay – Member
COMMITTEE Maribel Fabales – Member
Jose Roy Villanueva –
Chairman
AUDIT
COMMITTEE Rosela Basiya – Member
Ligaya Nufable – Member
Orwen Anuevo – Member
Sheryl Rose Alegario - Member
AUDIT COMMITTEE (AICOM)
Responsibilities include:
 Monitor the adequacy and effectiveness of the cooperative’s
management control system and
 Audit the performance of the cooperatives and various
responsibility centers.
 Review continuously and periodically the books and records
of account to ensure that these are in accordance with the
cooperative principles and generally accepted accounting
practices
 Members are elected by the GA
ELECTION COMMITTEE (ELECOM)
Responsibilities include:
 Formulate and recommend election rules and guidelines and
recommended to the General Assembly for approval;
 Implement election rules and guidelines duly approved by the
GA;
 Supervise the conduct, manner and procedure of election and
other election related activities and act on the changes thereto;
 Members are elected by the GA
MEDIATION & CONCILIATION COMMITTEE (MEDCOM)

Responsibilities include:
 Formulate and develop the Conciliation -Mediation Program
and ensure that it is properly implemented;
 Monitor Conciliation-Mediation operations (entry of new
cases, status of pending cases, performance of Conciliator-
Mediators);
 Submit semi-annual reports to the CDA within fifteen (15)
days after the end of every semester;
 Appointed by the BOD
ETHICS COMMITTEE
Responsibilities include:
 Develop ethical Norms and Code of Conduct to be
observed by the members, officers and employees of the
cooperative subject to the approval of the BOD’s and
ratification of the GA;
 Disseminate, promote and implement the approved Code
of Conduct and Ethical Norms;
 Monitor compliance with Universally Accepted
Principles of Cooperation, Good Governance and Good
Values and recommend to the BOD measures to address
the gap
 Recommend ethical rules and policy to the BODs;
 Appointed by the BOD
 THE

IPEMPC
Membership Policies
MEMBERSHIP POLICY
Regular Membership of this cooperative
is open to the following:
1. Permanent employees
2. Retirees
3. Permanent employees of the IPEMPC.
(Article II, Section 1 of the amended By-Laws of IPEMPC).
Associate Membership
shall be open to the following:
1. Plantilla casual personnel of the IPG
2. Elective Officials
3. Co-terminus Personnel of the Iloilo Provincial
Government
4. Permanent and Plantilla Casual Personnel of Provincial
and District Hospital
5. Small farmers/fishermen and entrepreneurs

* Associate Members can become Regular Members after two years and if
they had paid up the P4,000 Capital Share.
MEMBERSHIP REQUIREMENTS
1. Membership Application Form

2. Attendance to PMES (Pre-Membership Education

Seminar)

3. Paid the Membership Fee of P200.00

4. Subscribed a minimum of Four Thousand Pesos

(P4,000.00) Share Capital of which at least 25% of
the Subscribed Share or P1,000 shall be paid upon
submission of the application for membership

5. BOD Approval
RIGHTS OF A MEMBER

1. Participate and vote in membership meetings (Only

Regular members can vote)

2. Avail of the services of the Coop

3. Seek an elective position

4. Receive interest on investment in the Capital Stock

5. Inspect and examine Books of Accounts, the Minutes

Book, the Share Register and the other records of the
Cooperative during regular office hours
DUTIES OF A MEMBER
1. Pay the installment on subscription and other
obligations as they fall due

2. Participate in the capital build-up

3. Patronize its business regularly

4. Participate in its parliamentary affairs

5. Obey the rules and regulations

6. Promote the aims and purposes of the Cooperative, the

success of its business, the welfare of its members and
the cooperative movement as a whole.
MIGS and Non-MIGS
MIGS
- No delinquency for more than
60 days
- Has attended the previous
General Assembly
- Has completed payment of CBU
within a year
Non-MIGS
- Delinquent payments for more than
60 days
- Has NOT attended the previous
General Assembly
- Has NOT completed payment of
CBU within a year
Consequence:
-Cannot vote or speak during the General
Assembly
LOAN WINDOWS
Max. Loanable
Type of Loan Amount Term Interest Requirements

Livelihood 4x of CBU 1 year 18% per Gen. Credit Policy applies

annum With Co-Maker

Consolidated 4x of CBU not 1.5 years 12% / Gen. Credit Policy applies
to exceed annum With Co-Maker
P120,000

Emergency / P30,000 .00 1 year 1% per Attach Med. Certificate/ Certificate of Confinement
Express Loan month

Non-Emergency P15,000.00 6 months 1% per Min. Subscribed Capital P1,000

month Regular Member at least one month
Express Loan

ATM Loan P24,000.00 12 months 1.75% / Gen. Credit Policy applies

month ATM Required
With Co-maker

Benefit Loan Commensurate of Upon 1.5% per Gen. Credit Policy applies
Member’s Release of month For Mid-Year/Year-End, Clothing Allowance and RATA
Benefits Benefits ATM Required

Credit Policies can be read in the Member’s manual or

found at www.ipempc.com
 THE

IPEMPC
Status
 TOTAL ASSETS

Large Class A - Asset of P100 M up

200000000
Total Assets
180000000 ₱ 152,640,294.49
160000000
2010
140000000 2011
2012
120000000
2013
100000000 2014
80000000 2015

60000000
40000000
20000000
0
Assets
 TOTAL SHARED CAPITAL & NET SURPLUS

60000000 Total Paid-Up

2010 Shared Capital
50000000 2011
2012 ₱ 59,164,427
40000000 2013
2014
30000000
2015 Net Surplus
20000000 ₱ 3,441,740
10000000

0
Shared Capital Net Surplus
 TOTAL NUMBER OF MEMBERS

2013 2014 2015 Series3

1600
Associate
Associate 68 46 213 1400

Regular 1,269 1,244 1,251 1200

Total 1,337 1,293 1,464 1000

800

600

400

200

0
2012 2013 2014 2015
IPEMPC SERVICES

Lending

Cafeteria & Catering

Member’s Savings Op

Airline Ticketing

Gas Station

Money Transfer
IPEMPC SERVICES

Scholarship
Program
10 scholars

Community
Service

Burial Assistance

Health Insurance
MEMBERS SAVINGS OPERATIONS (MSO)

• Time Deposits
• Savings Deposits
• SOON! - Kiddie Accounts
WEB PRESENCE

www.ipempc.com

facebook/ipempc Iloilo
PUBLICATIONS

• Annual Report / Souvenir Program

• Member’s Manual
• Piliw-piliwan (Newsletter)
• Brochure
• Calendar
ACTIVITIES

• PMES - Quarterly
• Ownership Meetings in 4 Batches
• Credit Counseling
• Mediation Meetings
• Mid-Year and Year End Planning and Assessment
• Exposure Trips
• Participation in Coop Summits, Forums and Conferences
THE COOP PHILOSOPHY
THE GOLDEN RULE : He who has the GOLD makes the rules

NO MONEY MONEY !

UTANG ! •Decision Maker

•Socially Superior
Pay •Culturally Biased
•Principal
•Interest
•Penalties Huya-huya
•Gratitude Kulba- kulba
Duwa – duwa
Self-pity
 COOPERATIVE MEMBER
CAPITAL FORMATION
EDUCATION
NON-COOP MEMBER GROUP ACTION
NO MONEY
IGNORANCE
INDIVIDUALISM
 CAPITAL

• Economic Freedom
• Political Employment
• Social Equality
• Cultural Transformation
• Spiritual Enlightenment
• Pooled Resources
• Human Dignity • Collective Decision-Making
• Mutual Respect

SERVICES
 COOP PHILOSOPHY
Economic

TOTAL HUMAN
Spiritual DEVELOPMENT
SPENDING HABITS OF FILIPINOS
Income = P 350
Gastos = P 400
UTANG! = P 50
CBU / Deposits
Income = P 350 = SAVINGS !
Gastos = P 325 COOP
SOURCE OF INCOME
SAVINGS = P 25 (Employment, Livelihood,
Business, etc)
Income = P 350
SAVINGS = P 25
Gastos = P 325

Salary / Harvests / Profits

 o Banks
o Financial Institutions
o Government

LOAN

Policies

CBU /
Deposits
CREDIT COOP

IGPs
Income
Generating
Projects

Officers Member / Staff

Owners
COOPERATIVE VALUES
SELF-HELP - we help people help themselves
SELF-RESPONSIBILITY- we take responsibility for and answer
to our actions
DEMOCRACY – we give our members a say in the way we run
our business
EQUALITY - no matter how much money a member invest in
their share account, they still have one vote
EQUITY - we carry our business in a way that is fair and
unbiased
SOLIDARITY- we share interest and common purposes with our
members and other cooperatives
ETHICAL VALUES
OPENNESS - nobody’s perfect, and we wont hide it when were
not
HONESTY - we are honest about what we do and the way we do
it
SOCIAL RESPONSIBILITY - we encourage people to take
responsibility for their own community and work together
CARING FOR OTHERS - we regularly fund charities and local
community groups from the profits of our businesses
PRE-MEMBERSHIP EDUCATION
SEMINAR (PMES)
Thank you for coming !!!