COOPERATIVE TESTIMONIES - Claveria Grassroots Cooperative
Summary
TLDRThe video script celebrates Cooperative Month, highlighting the significant role of Cooperative Development Authority (CDA) in supporting grassroots cooperatives in the Philippines. It acknowledges the CDA's technical assistance, regulatory relief during the COVID-19 pandemic, and the successful referendum for a 50-year renewal of the cooperative's existence. The script emphasizes the partnership between the CDA and cooperatives, crucial for their mutual success and community support, especially in challenging times.
Takeaways
- π The Cooperative movement in the Philippines has been celebrated for over 100 years, impacting every corner of the country and enriching the lives of Filipinos, especially those in rural areas.
- π The Cooperative Development Authority (CDA) was established to provide technical and financial assistance to grassroots multipurpose cooperatives, promoting their development and propagation.
- π©βπΌ The CDA, under the leadership of Regional Director Atty. Franco Bauang Jr., has been instrumental in guiding cooperatives through policy formulation and adjustment in line with existing laws and regulations.
- π The CDA's examination and inspection teams have been recognized for their contributions to the achievement of cooperative goals and objectives, offering valuable opinions and recommendations.
- π The cooperative's articles of cooperation and bylaws are now fully aligned with the CDA's Public Act number 9520, ensuring compliance with regulations.
- π During the COVID-19 pandemic, the CDA provided regulatory relief to cooperatives, including extensions for compliance reports and the renewal of certificates, as well as penalty oratoriums.
- π° The CDA allowed cooperatives to access funds, including the optional fund for calamity assistance, demonstrating support for members and communities in difficult times.
- π³οΈ The CDA facilitated the first-ever referendum for the cooperative, which took place over five days in September 2021, leading to the approval of annual budgets and development plans.
- π The referendum resulted in the renewal of the cooperative's existence for another 50 years, starting from August 6, 2022, signifying long-term stability and growth.
- π€ The CDA and the cooperative have established a strong partnership, with the CDA being a pivotal instrument for the success of the cooperative's operations for years to come.
- π The speaker expresses gratitude to God for the success of the cooperative and looks forward to continued glory and celebration of Cooperative Month.
Q & A
What is the significance of celebrating Cooperative Month in the Philippines?
-The celebration of Cooperative Month in the Philippines highlights the importance of the Cooperative movement, which has been pervasive for over 100 years and has enriched the lives of Filipinos, particularly those in rural areas.
How does the government intervene in the cooperative sector in the Philippines?
-The government provides broader intervention to regulate, stimulate, and promote the propagation and development of cooperatives as partners for change, which led to the establishment of the Cooperative Development Authority (CDA).
What role does the CDA play in supporting cooperatives?
-The CDA provides technical and financial assistance to grassroots multipurpose cooperatives and helps them align with existing laws and regulations through consultation and deliberation.
Who is the leader of the CDA extension office mentioned in the script?
-The CDA extension office is under the leadership of Regional Director Attorney Franco Bawang Jr.
How did the CDA assist cooperatives during the COVID-19 pandemic?
-During the COVID-19 pandemic, the CDA provided timely interventions such as issuing memorandum circulars for regulatory relief, extending deadlines for compliance reports, and offering penalty moratoriums.
What is the significance of Public Act number 9520 in the context of cooperatives?
-Public Act number 9520 is a law that the cooperatives must align with, and it outlines the regulations and guidelines that cooperatives must follow for their operations and governance.
What is the importance of the referendum conducted by the CDA in September 2021?
-The referendum was significant as it allowed the cooperative to approve its annual budget, developmental plans, and programs, and more importantly, it resulted in the renewal of the cooperative's existence for another 50 years.
How does the script describe the relationship between the CDA and the cooperatives?
-The script describes the relationship between the CDA and the cooperatives as more than a partnership, with the CDA being a pivotal instrument for the success of the cooperative's operations.
What is the term used in the script to describe the CDA's approach to assisting cooperatives?
-The CDA's approach is described as 'intelligent, passionate, approachable, and friendly'.
What is the script's perspective on the importance of cooperatives during difficult times like the COVID-19 pandemic?
-The script emphasizes that cooperatives are of great support to their members and the community, not only in the best times but more importantly during difficult times, such as the global health crisis.
What is the cooperative's view on the CDA's assistance in the formulation and adjustment of policies and procedures?
-The cooperative offers a salute to the CDA for their assistance in the formulation and adjustment of policies and procedures, stating that the CDA's opinions and recommendations have been great factors in achieving their goals and objectives.
Outlines
π Cooperative Development and Celebration
This paragraph discusses the history and impact of the Cooperative movement in the Philippines, which has been around for over a century and has significantly enriched the lives of Filipinos, particularly in rural areas. The government's role in regulating and promoting cooperatives is highlighted, with a special mention of the Cooperative Development Authority (CDA). The CDA provides technical and financial assistance to grassroots cooperatives and has been instrumental in policy formulation and adjustment. The paragraph also acknowledges the CDA's support during the COVID-19 pandemic, including regulatory relief and the use of funds for calamity assistance, emphasizing the cooperative's role in difficult times.
π Recognition of CDA's Efforts and Cooperative Resilience
The paragraph continues to commend the CDA for its contributions to the cooperative sector, including the conduct of a referendum and general assembly meetings that led to the approval of annual budgets, development plans, and the renewal of the cooperative's existence for another 50 years starting August 6, 2022. The CDA's assistance in these processes is recognized, and the cooperative's partnership with the CDA is celebrated as a key to achieving mutual goals and objectives. The paragraph concludes by reiterating the importance of the CDA's ongoing support for the cooperative's success in the future.
Mindmap
Keywords
π‘Cooperative movement
π‘Cooperative Development Authority (CDA)
π‘Technical and financial assistance
π‘Regulatory relief
π‘Certificate of compliance
π‘Memorandum circulars
π‘Calamity assistance
π‘Referendum
π‘General Assembly meetings
π‘Public Act number 9520
π‘Cooperative month celebration
Highlights
The Cooperative movement in the Philippines has been pervasive for over 100 years.
Cooperatives have enriched the lives of Filipinos, particularly in rural areas.
The government intervened to regulate and promote the development of Cooperatives.
The Cooperative Development Authority (CDA) was established to support Cooperatives.
CDA provides technical and financial assistance to grassroots multipurpose Cooperatives.
Regional Director Franco Bawang Jr. leads the CDA's extension office.
CDA assists in policy and procedure formulation in accordance with laws and regulations.
CDA's examination and inspection teams have been instrumental in achieving Cooperative goals.
Cooperatives' articles of cooperation and bylaws are now aligned with Public Act number 9520.
During the COVID-19 pandemic, CDA provided regulatory relief for Cooperatives.
Cooperatives were allowed to utilize funds for calamity assistance during difficult times.
The CDA aided in conducting the first-ever referendum for a Cooperative in September 2021.
The referendum resulted in the approval of annual budgets and development plans.
The Cooperative's existence was renewed for another 50 years starting August 6, 2022.
The CDA and Cooperatives have established a partnership for mutual goals and objectives.
The CDA is a pivotal instrument for the success and operation of the Cooperative.
A celebration of Cooperative month is declared to honor the contributions of Cooperatives.
Transcripts
[Music]
happy Cooperative must a celebration to
everyone
since the Cooperative movement started
in our country more than 100 years ago
it became pervasive over time reaching
every corner of the country and
enriching the lives of our fellow
Filipinos especially those in the
countryside
thousands available
throughout the years and they serve
millions and millions of numbers
this made it imperative for broader
government intervention not only to
regulate but to stimulate or to promote
the propagation and development of
co-paritals as partners for change
these gave birth to the CDA The
Cooperative Development Authority
the CDA regularly provides Technical and
Marvel assistance clinical very
Grassroots multipurpose Cooperative
through its intelligence passionate
approachable friendly officers and staff
in particular the CDA to gigger
extension office now under the
leadership of regional director attorney
Franco bawang Jr together with his great
team as thoroughly and open-handedly
assisted Us in the formulation and
adjustment of our policies and
procedures in Appliance to existing laws
and regulations
with this we offer our salute to the CDA
examination inspection teams for doing a
job well done
your opinions and recommendations have
been great factors in the achievement of
the goals and objectives of our
cooperatives
through a series of consultation and
deliberation with the CDA
I am pleased to note that the articles
of cooperation and bios of our
Cooperative is now fully aligned with
their Public Act number 9520 and is
implementing those and regulations
during the peak of the covid-19 pandemic
all copier deals not only ours have been
benefited from the timely interventions
of the CDA by issuing memorandum
circulars providing regulatory relief in
the submission of compliance reports
renewal of certificate of compliance
oratorium of penalties among others
we also comment the CDA for allowing
cooperatives to utilize some of your
funds to include the optional fund for
Calamity assistance
this demonstrated that cooperatives are
of great support to its members and the
community not only and the best times
but more importantly in the difficult
times such as the global Hobie 19
company
the CDA aided us in the conduct of our
first ever referendum which lasted for
five days in September 2021 a sequential
General Assembly meetings this year
this resulted not only to the approval
of our annual budget and developmental
plans and programs but more importantly
the renewal of existence of our
cooperative for another 50 years
starting August 6 2022
truly the CDA and the cleric bracelets
MPC has established more than a
partnership for the attainment of our
mutual goals and objectives
they are just one cool away and we need
your opinion or assistance
they continue being our pivotal
instrument for the success of operations
of our Cooperative not only yesterday
but today and for the decades to come
again a happy Cooperative month
celebration to all of us
to God all be the glory
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