F. Credit cooperatives part 2 Flashcards
The Philippine government actively promotes the establishment and growth of cooperatives across various sectors.
Overview of the Philippine Cooperatives Program
Cooperative Promotion
A comprehensive legal and regulatory environment ensures the proper governance and operations of cooperatives.
Overview of the Philippine Cooperatives Program
Regulatory Framework
Training programs and technical assistance help cooperatives develop their management and operational capabilities.
Overview of the Philippine Cooperatives Program
Capacity Building
Cooperatives that focus on production, processing, and marketing of agricultural products.
Types of Cooperatives in the Philippines
Agricultural
Cooperatives that provide financial services, including loans, deposit-taking, and insurance.
Types of Cooperatives in the Philippines
Credit and Savings
Cooperatives that unite consumers to collectively purchase goods and services at better prices.
Types of Cooperatives in the Philippines
Consumers
Cooperatives that develop and manage affordable housing projects for their members.
Types of Cooperatives in the Philippines
Housing
Cooperatives foster a sense of unity and collective responsibility among members.
Cooperative Principles and Values
Solidarity
Cooperatives are democratically controlled, with members actively participating in decision-making.
Democracy
Cooperatives ensure fair and equitable treatment of all members, regardless of their background.
Equity
Cooperatives prioritize long-term viability and the well-being of their communities.
Sustainability
The CDA oversees the registration and compliance of cooperatives, ensuring they adhere to legal requirements.
Role of the Cooperative Development Authority (CDA)
Regulation and Registration
The CDA offers training and support programs to strengthen the managerial and operational capacities of cooperatives.
Capacity Building
The CDA actively shapes the regulatory environment and policies governing the cooperative sector in the Philippines.
Policy Development
Cooperatives often face difficulties in securing sufficient funding to finance their operations and growth.
Challenges and Opportunities for Philippine Cooperatives
Access to Capital
Improving the managerial and technical skills of cooperative leaders is crucial for their success.
Challenges and Opportunities for Philippine Cooperatives
Capacity Building
Strengthening connections with suppliers, buyers, and distributors can enhance the competitiveness of cooperatives.
Challenges and Opportunities for Philippine Cooperatives
Market Linkages
Cooperatives can expand their product and service offerings to reduce reliance on a single revenue stream.
Strategies for Sustainable Cooperative Development
Diversification
Investing in digital tools and solutions can improve the efficiency and competitiveness of cooperatives.
Technology Adoption
Collaborating with government agencies, private enterprises, and other cooperatives can unlock new opportunities.
Strategic Partnerships
