MANATAL

Multi-purpose Cooperative (MMPC) Term Report

Gumatay, Joy Dianne

Lapiz, Jeramie
Odsey, Vanayan
November 19, 2014

GENERAL INFORMATION

A. Name: Manatal Multi-Purpose Cooperative (MMPC)

B. Type of Cooperative: Multi- Purpose
C. Address of Cooperative: Bunsuran 2nd, 3014 Pandi, Bulacan
D. Contact Information
a. Tel No.: (044) 896-7207
b. Cell No.: 0917-803-6800
c. Email Address: manatalcoop@yahoo.com
d. Web-site: manatalcoop.com.ph
E. Associate Members
a. Male: 976
b. Female: 1,265
F. Regular Members
a. Male: 2,847
b. Female: 3,113
G. Year Cooperative was established: 1991
H. Year Cooperative was registered: August 22, 1991
I.

CDA Registration no.: 9520-03000697

J. Initial Capitalization: approx. 12,000PhP

K. Present Capitalization: 309, 774, 953.72PhP
L. Classification according to capital (Php): Small
M. No. of Regular Employees: 79 (as of 2013)
N. Affiliation/ membership to other organization
1. Association of Asian Confederation of Credit Union (ACCU)
2. Cooperative Development Authority (CDA)
3. Philippine Federation of Credit-Cooperatives (PFCCO)

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Manatal Multi-purpose Cooperative (MMPC), established in 1991, is located in

Bunsuran 2nd, 3014 Pandi, Bulacan. With 5,960 members, 2,241 of which are associate
members, MMPC has been one of the most dynamic and strongest financial institutions
in Central Luzon.
MMPC is currently affiliated with the Association of Asian Confederation of Credit
Union (ACCU), Cooperative Development Authority (CDA) and Philippine Federation of
Credit-Cooperatives Central Luzon (PFCCO), which paved the way for more
opportunities for cooperative growth and development.
As of 2014, MMPC has been known to be the 3rd most competitive cooperative
movement in the provincial level and ranked 34th in the national level.

HISTORY OF THE COOPERATIVES

It was year 1988 when the Rural Bank of Pandi in Bulacan decided to delegate eighteen
(18) residents of Manatal in Pandi, Bulacan to take part in the Integrated Rural Financing (IRF)
project of the Central Bank of the Philippines.
IRF has been able to bring about skills development to individuals when it unexpectedly
ended on 1991 due to unknown reasons. Realizing the developmental changes that IRF project
can actualize, it was then adapted by cooperative movement initially called Manatal Farmers
Irrigators Association or MAFIA.
With the enthusiasm of fifteen (15) IRF-trained farmers, MAFIA was established on
August 22, 1991 with CDA registration number MLA-1232. In 2000, the members decided to
change the name of the association to Manatal Multi-purpose Cooperative or MMPC.

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The accumulation of the share capital contributions of the 15 incorporators of MMPC

amounting to P 21, 700 served as the cooperatives starting capital, allowing the initial operation
of the cooperative to occur.
.
VISION, MISSION, PURPOSE AND OBJECTIVES OF THE COOPERATIVE
MMPC envisions to provide a viable and sustainable financial institution responsive to
the changing needs of members and community. It aims to deliver essential products and
services to the people in order to contribute to the overall improvement of the socio-economic
condition of its members and of the community where it belongs.
Furthermore, main purpose of MMPC is to offer financial or lending services. It also
intends to make in-demand products and services available and affordable to its members and
its consumers through a law-abiding business enterprise.
In the past 23 years, MMPC has been working towards meeting its developmental
objectives in order to assure the cooperative is continuously progressing through time. The
following are the general objectives of MMPC:
1.

To develop a steadfast cooperatives financial structure;

2.

To provide the best services possible for its members;

3.

To have a guided management system that can make possible

cooperative development;

4.

To train dedicated and faithful cooperative leaders; and

5.

To motivate its employees to become fully functioning members of the

cooperative
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ORGANIZATIONAL STRUCTURE

The Board of Directors (BOD) of MMPC is composed of one chairperson, one vicechairperson, a treasurer and a secretary, and three member directors. The primary responsibility
of the BOD is to develop and preserve the good image/ character of the cooperatives since
1991. They are also expected to protect the investment of the cooperatives by making sound
financial decisions, as well as hire necessary employees that will manage the flow of financial
resources within the cooperatives (audit committee).
Furthermore, it is the responsibility of the BOD to hire suitable cooperative general
manager by comprehensively evaluating the skills and abilities of their potential members
through their loyalty and overall performance in the cooperatives.

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The approval and review of the cooperative policies with regards to how the
cooperatives will function as a business organization are also the responsibilities of the
members of the Board. They are expected to check on the feasibility and effectiveness of the
current policies and action plans of the cooperatives and make necessary amendments when
needed in order to maximize the capacity of the cooperatives in providing products and services
to its members and patrons. That said, BOD are also expected to come up with future action
plans based on their evaluation of the existing organizational climate, the current challenges the
cooperatives is facing, and the progress of the cooperatives in all aspects of their operations.
Finally, the decision with regards to the distribution of benefits to the members
(patronage refund) lies with the members of the Board. They are the ones who are expected to
equitably allocate the overall cash distribution to each and every member, actualizing equity as
one of the existing cooperative values.

COMMITTEES OF THE COOPERATIVES

The

Audit

Committee

is

the

committee responsible for the internal

audit services of the cooperatives. They
are expected to review the cooperatives
book of accounts to check on the current
condition of the cooperatives in terms of
its financial performance.

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The

Election

Committee

is

responsible in formulating election rules and

regulations; however, these will not actualize
without the approval of the BOD. It is also
expected to supervise the election process,
up to the canvassing of results and the
announcing

of

the

elected

cooperative

officials.
The Ethics Committee is responsible
for monitoring the compliance of the
members on the cooperative rules on
Ethics. Moreover, the members of this
committee are also expected to conduct
investigation on ethical issues involving
the cooperatives and/or its members.

The

Mediation

and

Conciliation

Committee is expected to plan, implement, and

monitor

the

mediation

and

conciliation

programs and process of the cooperatives.

The members of this committee are also
responsible in developing training materials
and conducting training services for the
cooperative members.

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COOPERATIVE MEMBERS
In order for an individual to become part of MMPC, aside from being of legal age, he/she
should first and foremost complete the cooperative application form as a proof of ones
intention to become a member the association. He/ She must also provide a 2x2 ID photo
and ones Tax Identification Number (TIN).
Afterwards, the individual must also pay the minimum required share capital contribution
depending on classification. If the person wants to become a regular member, he/ she will
have to pay a common share. If he/ she wants to become one of the associate members of
the cooperative, then he/ she must the preferred share.
Aside from the share capital contribution, the individual must also pay for the
membership fee, as well as open a minimum savings account deposit. The financial
contribution of the members will be utilized for further development of the cooperatives
management and business endeavours. MMPC members are expected to fulfill the following
duties and responsibilities:
1.
2.
3.
4.

Participate in the capital build-up and savings mobilization;

Patronize the cooperative businesses and services;
Participate in the membership education programs;
Attend and participate in the deliberation of all matters during general

assembly meeting;
5. Observe and obey all lawful orders, decisions, rules, and regulations adopted
by the BOD and GA; and
6. Promote the goals and objectives of the cooperatives, the success of its
business, the welfare of its members and the coop movement in general.

MMPC members enjoys cooperative privileges such as, but not limited to dividend and
patronage refunds, loan insurance, life insurance, care for members program, member loyalty
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program, livelihood seminars and trainings, free medical and optical consultations (at the central
office), scholarship offerings, vegetable farming opportunities, gifts and souvenirs during general
assembly meetings, and free coffee and candy at the central office.
In return, the cooperative members are expected to comply with the member-getmember expansion strategy of the association in order to widen the reach of the cooperatives.

GENERAL ASSSEMBLY MEETING

A quorum necessary for the transaction of business at any meeting of the members shall
be at least fifty (50) members. In determining a quorum on a question submitted to a vote by
mail, members present in person or represented by mail votes shall be counted. The quorum
shall be established by a registration of the members present at such meeting. The registration
shall be verified by the President and Secretary and shall be reported in the minutes of the
meeting.
General assembly meetings with the regular and associate members of the cooperatives
are held once a year. However, the Board of Directors (BOD) have the power to call on special
meetings when needed. The members will be informed about these meetings through
newspaper publications.
The common agenda of MMPC include electing directors, report discussions on the
financial and management progress of the cooperatives, and other necessary concerns of the
members.
The general assembly had the power to vote and have access to all the legal documents
and other properties of the cooperative, with prior consent of the officer-in-charge and with valid
reasons.
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BUSINESS OPERATIONS
MMPC has various products and services available to its members, and even to people
outside of the cooperative. First of all, they have a great expanse of loans, available to almost
all types of needs. These loans were established for their productive, educational and
providential purposes. These are the agri-business loan, the agricultural loan, the back-to-back
loan, the balance transfer loan, the barangay official assistance loan, the business loan, the
chattel loan, the check rediscounting, the flexi loan, the land acquisition loan, the multi-purpose
loan, the OFW assistance loan, the quick loan, the salary loan, and finally the SME business
loan.
For the loans, the cooperative maintains the delinquency rate at an acceptable level, and
the protection of the loans and the liquidity rate have been ranked at above standard. For the
year 2013, the cooperative accumulated a loans receivable of PHP 383,861,324.80.
The cooperative also has a Savings Deposits. These are the Kiddie Savers Club, the
Smart Teens, the Education Savings, the Holiday Savings, Health Savings, Regular Savings,
Special Savings, Equity Savings, and the Solidarity Savings. In the year 2013, there was a total
savings deposits of PHP 105,086,227.78.
Aside from these, they also have other services, like the Piglets Production, Feed
Milling, Veterinary Supply, Motor Trade, Micro Finance, Hardware and General Merchandise,
Feeds and Agri Supply, Bus Seater, TSM Swine Dispersal, and Artificial Insemination. Many of
these services go hand in hand and are often connected. For example, the feeds produced by
their feed milling industry are used for the hog and swine farms, and these are in turn often the
subjects for the TSM Swine Dispersal and the Artificial Insemination.

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In order to properly sell their products to non-members, the cooperative has various
marketing strategies. This is done mainly through promotion and advertising.

FINANCIAL ASPECTS
Aside from the income it gets from its various business operations, the cooperative also
obtains its operating capital from other sources. The first and primary source of income is
through the share capital of the members, in 2013, this amounted to a value of PHP
239,166,900 (77%).
Along with this is the preferred capital of PHP 11,552,880.00 (4%). They also receive
donations and grants from other private and public institutions. They were able to receive an
amount of PHP 2,164,301.23 (1%) in 2013. Lastly, they also receive income from the statutory
funds of PHP 56,890,872.50 (18%).
The Net Surplus is allocated to the dividends and the other cooperative operations. Seventy five
percent of the surplus goes back to the members as dividends. This percentage is further
divided into the interest for capital (70%) and the patronage refund (30%). Meanwhile, the other
twenty five percent is for the cooperative operations. It is also further divided into money given
to community services (4%), CETF (4%), reserve fund (10%), and optional fund (7%). Figure
1.0 illustrates the division of the cooperatives net surplus for the year 2013.

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Figure 1.0 Division of the cooperatives net surplus for the year 2013.
Figure 1.0 summarized Manatal Multi-Purpose Cooperatives division of net surplus for
the entire fiscal year of 2013. Evident on the pie graph is the 75% allocation on the cooperative
dividend or the cash distribution for the members of the cooperatives. The remaining quarter of
the cooperative surplus is then allocated for community development fund, CETF, reserve fund,
and cooperative optional fund.

EDUCATION, TRAINING, AND INFORMATION

MMPC believes that education is very important, especially for people to be able to
achieve financial freedom. Aside from hosting their very own seminars, the cooperative also
sends delegates to various seminars around the country.
In the year 2013, they were able to send three members to the Evaluating Business
Cooperative Perfomance and Sustainability in Nueva Ecija, four members to the Cooperative
Standard in Malolos, five members to the Parliamentary Procedure in Manatal, two members to
the Financial Management in Baliwag, one member to the Online Business and Financial
Solutions in Baguio City, four members to the Tax Updates in Malolos, and one member to The
Economic Outlook for 2014 and Its Impact on COOPs and NGOs in Quezon City. In the
Cooperative Legal Issues and Reminders, their very own seminar, there were twenty six
members in attendance.

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CONTRIBUTION TO THE COMMUNITY

MMPC adheres to its social responsibilities. It has plenty of program and projects that
aim to benefit the community. These are the Barangay Peace and Order Program, the
Environmental Awareness Program, the Scholarships Program, giving to solicitations, school
education support program, road improvements, livelihood trainings, nutritional support, medical
support, advocacy support, calamity support, funeral assistance support, hospitalization
assistance, institutional development programs, and other related community programs.

FUTURE PLANS OF THE COOPERATIVES

On 2013, the future plans of the cooperative where hinged on ten goals.
1. Financial structure will be unshakeable- continue to strengthening of Cooperatives
overall institutional capital, setting up provision for Fortuitous Events, offer Solidarity
deposit, pursuance of membership to CODIS, commencement of the Build-A-Home
Program, opening of new branch to expand membership convenience, engagement in
Palay Trading for farmer-members and native hog production/dispersal.

2. Members will be provided with the most superior service possible - continuous work
towards attainment of an autopilot system. Full migration to the MMPCian Computer
Solution (My Koop Plus), integration of the Social Performance Management in our
computer system, opening of Coordinators Program, issuance of membership card,
activation of Internet Banking/Bills Payment Facility, implementation of Gender and
Development Programs (such as Youth-Member Day, Women-Member Day, SeniorMember Day, Men-Member Day, etc.), promotion of CAFI to farmer-members,
pursuance of the RPC I project. To better serve our members, construction of
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Norzagaray Branch office is already on the way. Hospitalization benefits are also in our
pipeline to provide health care support. Relative this program is our engagement to be a
Cooperative Assurance Center, wherein bundles of insurance products both for life and
non-life may be availed.

3.

Management System will operate in an Auto-Pilot Environment Continuous

documentation of processes, crafting of Disaster Management Policy, Anti-Corruption

Policy, Gender and Development

(GAD) / Gender Equality (GE) Policy, and

appointment of GAD Committee and GAD Focal Person.

4. Leaders will serve as dedicated and faithful steward Conduct of Monthly Officers
Orientation and Fellowship Meeting, continuous attendance to mandatory and
discretionary trainings.

5.

Management personnel will be empowered and be highly motivated Grant

providential leave, craft and implement training and mentoring program.

6. Cooperative Members, Leaders and Personnel will adhere to the CHARACTER Core
Values Schedule livelihood trainings, Ownership Seminars and Member Exposure
Program.

7. Cooperative will adhere to its social responsibility Do environmental programs/Solid

Waste management through donation of trash bins, continuity of support to Alternative
Learning System, Scholarship Program, Balik-Eskwela/Brigada Eskwela Program,
Feeding Program, Health Care and Wellness Programs, Disaster Preparedness
Program, support Peace and Order, Bio Digester Promotion.
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8. MMPC shall pursue receiving recognition for safe & sound operation Achieve Silver
ACCESS Brand by 2015, achieve Gawad Platinum and Gawad Parangal- CDA.

9. MMPC will support LGU, NGO & Other Agency Linkage continuous support to
MCDC, ACCU, PFCCO-CLRL, BCHFLU, coop month celebration.

10. Annual Assessment and Planning Conduct Year-end assessment and planning,
pre-planning, and finalize the 2015 Business Plan.

AWARDS RECEIVED

The local government unit of Pandi, Bulacan has awarded MMPC as the Outstanding
Cooperative under municipal category in 2007. MMPC also received the Most Progressive
Agrarian Reform Beneficiaries from the Department of Agrarian Reform (DAR) in 2008.
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The provincial government of Bulacan has also awarded MMPC with the Gawad
Parangal sa Natatanging Kooperatiba for three consecutive years (1999-2001). In 2005, it then
received the Gawad Ginintuang Huwaran sa Pagtatangkilikan award from the same
cooperatives award-giving institution.
Furthermore, the Municipal Social Welfare and Development Office (MSWD) of Pandi,
Bulacan and Paaralang Elementarya ng Manatal (PEM) in Pandi, Bulacan have given MMPC a
Plaque of Appreciation in 2000 and 2001 due to its progressive cooperative endeavors and
continuous efforts to bring about social change in the community.
Finally, MMPC has received the following awards from the Land Bank of the Philippines
(LBP): Ginintuang Gawad Pitak Awardee (2008), Hall of Fame Awardee (2007), 1st Place
National Level (2006), Best in Financial Performance (2006), Best in Coop Citizenship (2006),
Best Cooperative in Savings Mobilization (2006), Best Cooperative in Capital Build-up (2006),
3rd Place National Level (2005), Best Cooperative in Savings Mobilization (2005), Best
Cooperative in Capital Build-up (2005), Best Cooperative in Savings Mobilization (2004),
Gawad Pitak Region III Winner (2004), Best Cooperative in Savings Mobilization (2003), Gawad
Pitak Region III Winner (2002), Gawad Pitak Region III Winner (2001), CAC Highest Pointer
Award (2000), Award of Merit (2000), and Gawad Pitak Pangrehiyong Gantimpala (2000).

These awards have symbolized the developmental change the cooperatives underwent
in the past 23 years and recognized the effective operations and management skills of all the
people behind MMPC from the General assembly up to the cooperative employees that made
possible the steadfast and progressing condition of the cooperatives in present time.

ANALYSIS OF THE COOPERATIVES

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Strengths

Weaknesses

Promotes gender
equality
Numerous services and
business operations
Good cooperative
coordination
Familial relationship
Experienced,
hardworking, and
committed management
and staf
Good reputation

Limited growth in the

number of members
Limited participation in
seminars and trainings

Opportunities

Threats

Goal to provide better

products and services
May engage in other
agricultural businesses
Amendments of policies
Affiliations
Innovativeness

Large amount of loans

may lead to delinquency
Competition with nearby
cooperatives in Bulacan
Some members are not
doing their
responsibilities well

Figure 2.0 Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis of MMPC
Figure 2.0 summarized the strengths, weaknesses, opportunities, and threats of MMPC
as a cooperative movement. Because of its values of gender equality, it can be observed that
the members are distributed among both genders, and therefore the abilities of all members are
utilized. The cooperatives is also financially competitive mainly because of its numerous
business operations. Not only do these businesses generate income from its sales, it also
caters to the needs of the various members. There is also strength in the membership of all
people involved in the cooperative. Also, there is also good coordination among all of them,
based on the report of the Membership Committee for 2013.

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Furthermore, the familial relationship between and among the cooperative members,
staff, and management paved a way for a management that is open and accessible for the
members, as well as the community. Finally, the experienced, hardworking, and committed
management and staff of MMPC who are working towards improving the operational and
management condition of the cooperatives may be regarded as one of the reasons why and
how the cooperatives is able to gain the good reputation that it has nowadays.
However, the some of the challenges that is currently faced by the cooperatives are the
limited growth in the number of members, as it has seen a limited increase in the past year, and
the little participation in seminars and trainings. Only a limited number of people are being sent
to trainings outside of the cooperative, and therefore it limits the ability of the cooperative to
expand and learn lessons from other speakers and cooperatives.
When it comes to the threats to MMPC cooperative development, the growing amount
of loans that the cooperatives is currently shouldering may lead to financial delinquency in the
future if not managed well. There are also other competitive cooperatives in the province
Bulacan, posing less possibility for membership growth since community members have more
choices into which cooperative enterprise they are going to take part of. Most significantly, the
non-compliance of some cooperative members to their responsibilities leading to poor
patronage of cooperative products and services, as well as not encouraging other members of
the community to become part of MMPC can bring about negative impacts if not addressed
immediately.
Nevertheless, the goal of MMPC to provide better products and services for the
members and to the community serves as a major cooperative opportunity for growth. The
possibility of engaging on other agricultural businesses, most specifically into providing more
innovative agricultural products and services, is also seen as one of the developmental

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undertakings that the cooperatives may take into consideration. This engagement may actualize
with the amendments of the cooperative policies and action plans that will provide stronger
support to the cooperative business endeavors. The affiliations that the cooperatives currently
has may serve well in providing developmental assistance as the cooperative move towards
progressive change for sustainable development.

PHOTOS
Manatal

Multi-purpose

Cooperatives (MMPC) is currently

maintaining a social networking
page to utilize the cyberspace as a
way of communicating with its
members concerning their general
assembly meetings, cooperative
programs,

and

other

special

concerns among others.

MMPC has been conducting various community programs to cater the needs of the
people of all ages. As a matter of fact, last May 2014, MMPC celebrated Youth Day to provide
basic health services and entertainment opportunities for the youths of Manatal, Pandi, Bulacan

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It was followed by Womens

Day that is being celebrated by the cooperatives every month of July wherein they provided free
medical and optical service livelihood program, as well as wellness services for the women
members of the community.

Finally, just recently, MMPC celebrated its Senior Members Day wherein the
cooperatives provided their senior citizen members with free uric acid test, medical, optical and
other wellness services as a way of fulfilling their promised privileges to their loyal members
performing their responsibilities to their fullest capacities.

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