The

CBBCCC

PSERVERThe Olflclal newsletter ol the Baguio-Benguet Community Credlt Cooperatlve

ft?

BBCCC HrTS pr48 M rlr ASSETS llt 'UltEGrowth is BBCCC's basic

characteristic. As of the end ofthe second quarter (June) thisyear, our financial statementsreflected our total assetsreaching the Pl48 Million mark.Our operations show a net sur-plus of more than P8.5 Millionto date clearly indicating thatwe have so far garnered al-ready 60oh ol our budget pro-jection for this year.

Similarly, our membership contin-ues to grow. Our Membership Commit-tee repods an average of 95 newmembers joining our Cooperative everymonth. First requirement for membershipis attendance to the Pre-MembershipEducation Seminar (PMES) which isscheduled every third Sunday of themonth. lnterested applicants are first ad-vised to come to the office for the pre-seminar interview before being allowedto aftend the PMES. They should pre-sent concrete proof of regular source ofincome (e.9. certificate of employment,business permit, etc.) to be allowed at-tendance to such seminar.

Dr. Gregorio S. Rimas, Directorof the BBCCC has been constantly in-vited to speak on various topics of 0recooperative movement as well as exten-sion services to help make cooperativesinto viable socio-economic enterprises.To mention some groups that have

asked his expeftise and assistance toorganize and register into primary co-operatives are" the displaced employ-ees of CJH, Camp 8 Barangay, CityCamp Barangay, Teachers Camp

Barangay,Imelda Vil-lage Baran-gay, Panga-sinenses As-sociation ofBaguio,Emplo@partment of Baguio and others. Coop-eratives that have asked for hisguidance and assistance to help solvetheir problems or to help make their

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,SJLACAN " tlAY 22'24,199?

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HAMON SA KILUSANG COOPERATIBA. Baguio-Benguet Community Credit(BBCCC) staff member Deminda Band.oquillo, Directors Roberta Balangue andNida Flavier and Chairman Renato Fernandez pose with Governor Obet Pagdan-ganan and Senator Leticia Ramos-Shahani

Trarlblaang rn Cooperdhues

(Conttnrcd on page 2)

COOP HIJDDLE. BBCCC Delegates share therein a light moment of interactionand postertty as they share experiences with other credit union leaders.

nlMAs ...from page 1

operations more efficient and ef-fective are: the CJH Employees Coop-erative, the PMA Multi-purpose Co-operative, the Cable TV operators Multi-purpose Cooperative, 0re Barangay Ala-pang Multi-purpose Cooperative, ttre

Maharlika Multi-purpose Cooperative,and others.

He has likewise been invited tospeak on Cooperative issues like: theBENECO registration into a stock co-operative Development Council. Succesfactors mere discussed and presented tothe staff of the CDA Extension Office,Region IV. He helped organized theExecutive porum for Millionaire Coop-eratives of CAR and Region I.

Dr. Rimas has been elected Direc-tor of the Cooperative Union of thePhilippines (CUP), Chairman/ Presidentof the CARCU and the Baguio City Co-operative Union. He also chairs the Re-gional Cooperative Development C-ouncil

of CAR (RCDC), and a member of thepool of Cooperative Consultans of theCDA. He also chairs the Task Forceon Cooperatives under the North QuadCommission of which he is appointedCommissioner by Pres. Fidel V. Ramosto represent the NGOs. He is the ViceChair of the CAR Business Council.

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llJORl{SllOP SC]|IOULM lll RUOIJST

The Education Committee an-nounces another free seminar-workshopon Meat Processing for our membersthis coming August 2l-22, 1997 at theBBCCC Seminar Hall. According toEducation Committee Chairman JessCendafla, a resource speaker connectedwith the Provincial Science and Tech-nology OfIice has been invited to con-duct such training-seminar. This is inline rvith the Coop's Livelihood Im-provement Fund Extension (LIFE) Pro-gram where members interested to putup their micro livelihood projects can beassisted through training and financialassistance. Interested members are re-quested to register with the office in or-der to be accommodated for theseminar-rvorkshop.

BBCCC-LIFE Conducts A SeriesOf Seminars For Members

I-ast May ll, 1997, the BBCCC-LIFE Committee conducted the firstof a series of livelihood skills training seminars at the BBCCC TrainingCenter. The "Qurtain and Pillow-Case Making" seminar was facilitated bymember Mrs. Elba Bautista, a well known Baguio teacher-turned-entrepre-neur, the Manager-proprietor of the world famous "Restle Handicrafts".There were 25 members who participated in this free one-day seminar.

Also last May 31 and June 4, 1997, Management Chairperson EmyFuerte, conducted an "Orientation and Business Plan Preparation "meetingwith prospective bene-ficiaries of the LIFEFund. The memberswere briefed on themechanics of the FundExtension and how toprepare the requiredaccompanying docu-ment of a LIFE loan,a Business Plan.

More livelihoodskills training semi-nars are being plannedby the Committee, soplease visit ttreBBCCC Office moreoften for the an-nouncements.

ffirff

I'lrllilRl- lls L. ll.,lF.,lE., Al' EB(D(D(DLIFE is the acronym

given to the newly created fi-nancing program at the Ba-guio-Benguet CommunityCredit Cooperative. LIFEstands for LIVELIHOOD IM-PROVEMENT FUND EX-TENSION. As the namesuggests, it is a separate Fundprimarily to finance micro-livelihood projects of quali-fied members especiallyamong the poorer sector of thegeneral membership.

The goal of the project isto put in place in BBCCC a

separate revolving fund solelywith the purpose to supportthe upliftment of the socialand economic conditions oflow-income members throughlivelihood development forthe achievement of betterquality of life. Specifically,the Fund, as a developmentwork, aims to attain the fol-lowing objectives:

1. to technically and fi-nancially assist the less privi-lege members of BBCCC;

2. to extend training andtechnology to enhance micro-management strategies ofmembers' livelihood projects;

3. to promote viableself-help projects at the grass-

roots level;4. to cooperate and coor-

dinate with other institutionshaving similar goals and ob-jectives;

5. to plan, implementand promote projects consis-tent with the goals and objec-tives of the BBCCC,CDA-CDF/CI, and the coop-erative movement; and

6. to monitor and evalu-ate projecs financed under theBBCCC-LIFE.

LIFE has a capital ofP250,000. P202,500 was ob-tained from the Cooperative

Development Authority fromthe CDF/CI of Speaker Jose

de Venecia, and P47,500 wasthe counterpart capital of theBBCCC transferred from theCooperative Education Train-ing Fund (CETF).

THE BBCCC COOPSERVER 3

The goal of the project is to put in place inBBCCC a separate revolving fund solely withthe purpose to support the upliftrnent of thesocial and economic eonditions of low-incomemembers.,..

minimum of three months anda maximum of six monthswittr 2 months grace period.The interest rate is I% permonth plus 2% service feewhich will cover for all otherexpenses related to laon proc-

Committee headed by theManagement CommitteeChairperson Mrs. Emerita C.Fuerte; Atry. Wilfredo Cle-mente as Fund Manager;Vice-Chairman and Educa-tion Committee Chairman,Mr. Amado Jesus Cendana;Credit Committee Chairman,Mr. Arturo Asuncion; Auditand Inventory CommitteeChairman, Miss OfeliaViloria as members and theChairman as Ex-officio mem-ber of the committee.

If you are an old memberof the BBCCC (at least amember for one year), with noexisting loan in arrears, andwith a monthly income of less

than P5,000.00, the commit-tee can still accommodatesome more applicants. Pleasesee any member of the Com-mittee for further details.

LIFE finances start-upor additional working capitalneeds of agricultural or micro-enterprise projects wittr a

minimum amount of P5,000and a maximum amount ofP10,000. The loan is repay-able in equal monthly pay-ments depending upon thematurity of the loan appliedfor, which ranges from a

essing, extension and mono-toring. No collateral is re-quired from the borrowers,or{y the usual co.maker re-quirements of BBCCC.

As of June 21, 1997,eleven member/beneficiarieshave availed of the LIFE loanamounting to P97,000.00.The member/beneficiarieswere screened by the LIFE

CURTAIN AND PILLOW-CASE MAKING. Mrs. Elba Bautista shows the basic techy

niques in pillow-case making to members at the BBCCC Training Center. The Livelskills training is conducted under the BBCCC-LIFE Comm.ittee's series of skills semirwrs

frDITORIAttsOARD

JESS CENDANANATHAN ALCANTARAREY JOSE TAMAYORENATO FERNANDEZ

EMY FUERTEGREG RIMAS

THE BBCCC COOPSERVER IS AOUARTERLY NEWSLETTER OF

THE MGUIO-BENGUET COM.

MUNIry CREDIT COOPERATIVE

WTH OFFICES AT NO. 56 CO.

OPERATIVE STREET, CORNER

ASUMPTION ROAD, MGUIO.

bbu t

W%,?

\/

/his is Uour ufilerrysletteuFtncrlly, wc qrc h<rving it. The Educcrtion Com-

mitteet plcnr to come out with otu BBCCC Nenrslet-ter hac st l<rst mcrterializcd. With continuouceduccrtion crs one of the coopercrtive movement'g bcr-

ric principleg, our nenrsletter will serve to bring cr

clogs inlormcrtion on developmenta cnd other con-sernr which cre of interest to our membership. Asour membership ltroffi stecdily (cuound 9,000 mem.berr by now) our regulcr publiccrtion will surely of.fcr cn cwenue of communiccrtion cmong ourgelves

even qs it mcry rewe crr qn effective tool for inle-mcrtion on cooperctives to thc rcrt of our cornmr$

nity. We encourqge you to contributc <nticles to ournewsletter so we mcry hcnre the opporttJnitf ol ex-chcrnging our idecrs, opinions, cnd thoughts withone crnother. With your contributions, we will gctthe chcrnce of getting in touch with ecrch other, get-ting to lecrrn from one crnother crs we ltsow clocestogether. Altercll, thic is thc very esscncc of coopercrtivism.

KFLAN€AN t<or xAE,Ei ,.. fllt6 ?TTHUNAN FABA 9A \{I.ALIIT I.IA N

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THE BBCCC COOPSERVER )5

THE COOPERATIVE m0UEMEllT: ITS COMPO]|E}|TS8v: Dr. Gregorlo S. Rlmas

"A cooperative is a

duly-registered association ofpersons, with a commonbondof interest, who have volun-tarily joined together toachieve a lawful common so-cial or economic end, makingequitable contributions to thecapital required and acceptinga fair share of the risks andbenefits of the undertaking inaccordance with universally-accepted cooperative princi-ples." (RA 6938, Art. 3).

The principle of coop-eratian among cooperativesspecifically states ttlat "all co-operatives, in order to bestserve the interest of theirmembers and communities,shall actively cooperate withother cooperatives at local,national and international lev-els." (RA 6938, Art. 4 (6X

Article 23 of RA 6938defines the different tlpes andcategories of cooperatives.The categories of coopera-tives in terms of membershipare: (1) primary - the mem-bers of which are natural per-sons; (2) secondary - themembers of which are prima-ries; (3) tertiary - the membersof which are secondaries up-ward to one or more apex or-ganizations.

Primary and/or secon-dary cooperatives with singleline or multi-purpose business

activities may be organizedand registered under theCode. (RA 6938, Art.. 24).Registered cooperatives andfederations may also "organ-i2e or join cooperative unionsto represent the interest andwelfare of ALL types of coop-eratives at the provincial, city,regional, and national levels.(RA 6938, Art. 75).

The cooperative move-

ment can be viewed as a trainwith a people riding on paral-lel tracks while the rails areDISTINCT from each other,they do not meet to ciash,neither run away from each

other. Otherwise, the peoplewill not reach their destina-tions.

And as provided for inArticle XII, Section I of the1987 Constitution, the coop-erative movement aims to har-ness people power, developself-reliance, attain economicdevelopment, equitable d istri-bution of wealth and socialjustice. In other words, the co-operative movement is to ef-fect the desired changes andreform in the economic, socialand political structure of oursociety.

The components of 0recooperative movement are (l)those cooperatives which pro-vide the resources: human, fi-nancial, and material. These

cooperatives are organizedprimarily for BUSINESS - theprimaries and FEDERA-TIONS. On the other hand,these are also cooperativeswhich are organized primarilyfor NON-BUSINESS activi-ties, but provide the ideologi-cal basis and enhance thedynamism of the movementand its cooperative members -thE UNIONS.

Both (primaries and fed-erations - primarily organizedfor business activities and un-ions - primarily organized fornon-business activities) or tobe assisted and strengthenedby government agencies and

organizations, and private or-ganizations and agencies(NGOs).

Specifically, the func-tions of the business compo-

nent (primaries and federa-tions) of the cooperativemovement are: (1) to providecredit, financing, banking,and interlending, (2) buying,selling, and distribution ofconsumer goods, (3) market-ing, (4) production and manu-facturing, and (5) otherservices needed by the mem-bers. The functions of thenon-business component (un-ions) are: (l) promotion andorganization, (2) educationand training, (3) research anddevelopment, (4) recommen-dations to government on co-operative matters (advocacy),(5) liaison and linkage, (6)public relations and informa-tion on cooperatives throughuse of media, (7) supprvisionand audit (audit, however,should not be given to affili-ates because violes the inde-pendent character of theexternal auditor as providedfor in Art. 81 of the Code).

As mentioned earlier,the train (cooperative move-ment) rides on two railroadtracks (representing the busi-ness and non-business compo-nent of the movement). Bothtracks must be secure and du-rable if we don't want the trainto be derailed. It becomes nec-essary to develop not only thebusiness component.

The business componentdevelops through its variousbusiness activities, while thenon-business component de-rives its resources from mini-mal membership fees, annualdues, and conhibutions, dona-tions, and subsidiaries (if everthere exists one) from localand foreign sources whettrerprivate of public source.

At the moment, the mainsource of funds of Regional

Cooperative Unioru (RCUs),like the CARCU, is theirshare of the CETF (educationfund). And if primarias don'tremit their CETF to ttre apexorganization, either throughthe regional union or directoryto the apex organization, no

funds are derived.Many cooperatives mis-

understand what an APEXORGANIZATION is. It isvery clear, however, that anapex organization is onewhich members are TERTI-ARIES. (RA 6938 Art. 23).Tertiaries are only found inthe national level - as such, theonly apex organization as pro-vided in Arts. 23, 24, and25of RA 6938, the Code.

One of the major func-tions of the apex organizationis to represent the cooperativemovement in national or inter-national for a. A federationcannot represent ALLTYPES of cooperatives (be-

cause a federation is art asso-q.iation of cooperatives withONLY ONE TYPE of busi-ness). An apex organizationshould only be a UNION.This is perhaps the reason whythe CDA, through its Resolu-tion No. 310, s.1995 certifiedthe Cooperative Union of ftePhilippines (CUP) as the Na-tional Apex Union of Cmp-eratives. The CUP as theduly-recognized apex organi-zation is the duly authorized

Oy RA 6938, Art. 87) agencyto collect and administer theCETF. The provision of Art87 of the Code stating that anapex organization may be afederation or union is with re-spect to CEff prior to thepassage of RA 6938 (passed

on March 10, 1990, and im-(Continued on page 7)

ItoilD ilATt0ilAL

(0t{tltilil0il 0ll(00PrRAItt|t

Bagulo-Benguet Cooperatlve Grabs"Dangal ng PFCCO Awards"

The Philippine Federa-tion of Credit Cooperative(PFCCO), the oldest and big-gest national federation ofcredit unions today with 650member- primaries nation-wide, has cited BBCCC'sachievements, and presented

the most prestigious "Dangalng PFCCO Award" toBBCCC, the Baguio-basedcommunity-type credit coop-erative, before a huge crowdof credit union leaders and ad-vocates on the occasion of thefederation's 37th Annual Gen-eral Assembly at the HiyasConvention Center, Malolos,Bulacan, last May 23,1997.

Handed over to theBBCCC delegation byPFCCO membership councilchairman Cesar Villadoresand chief executive officer Fr.Ben Jayoma in the presence ofSen. Leticia Shahani, PCC

chair Butz Aquino, Bulacangovernor Obet Pagdanganan

and CDA executive directorCandy Verzosa, was the sil-veron-glass plaque which im-mortalizes the recognition dueBBCCC: "na nagpapamalasng katangitanging pamama-hala sa Kilusang Kooperatibana nagbunsod ng mabuting ka-pakinabangan sa bunong kas-apian at binigyan ng pagpapa-

halaga ng ibang samahan;mga gawain nagdulot ng dag-dag na karangalan at binigyanat katanyagan sa PFCCO."

It will be recalled thatlate last year and during theculmination of the nationalcelebrations of CooperativeMonttr at the CooperativeCenter of the Philippines at

Quezon City, BBCCC gar-nered the "Most OutstandingPrimary Cooperative Award -Credit Category (lst Runner-

up)" from the CDA. Thegolden plaque, now amontBBCCC's fast growing cd-lection, reads: "In recognitimof its distinctive achievementin terms of liquidity, proft-ability, operational growlh,effective management, sr-panded services to its mem-bers and community involve.ment for the year 199'4-1995which conuibuted in no smallmeasure to the sreng$eningof the cooperative movemedand the cause of cooperativ-ism in the country. xxx Sgd.:Jose C. Medina, Ir., Chair-D&, CDA, Teresita M,Colom4 Chairperson, AwardrCommiftee, Danr Padilla U.PuRdaodaya, Chairman, Co-operative Month 1996 Cele-brations, Arcadio Lozada and

Myron Gawigawen, Co.Chairmen, CooperativeMonilr 1996 Celebrations."

operative. Commihent candbe contrived, nor does itspring, nor prove itself reli-ably, from catrtal contributioosalorp nor rcutine lntrcnage, norfrom blind leap of faith. Com-mitment arises rather as thefruit of enlightenment, a natu-ral product of education and

training, on the universally-ac-cepted principles and enduringpractices of true cooperatives.Without honest-to-goodness

'nembenhip educa- tion, therc-fore, the cooperative is urcak

inside, pmne to contaminationfrom the "free market", "@ur-boy economy" of exploitation,moral decay, greed, apathy,selfish interest, in short, certainbanknrptcy.

'o0o'Among the objectives

and pu4nses of BBCCC as

declared by the BBCCC cooperators in their contract of

(Continrcd on page 4

Directors R. Balangueand N. Flavier and Atty. R.Corpu of the I*gal Commit-tec represented the BBCCC intbis Qonvention on June 13.14,1997 atthe Arcneo deMa-nila University, Quezon City.Tlre theme of the Conventionwas: "T6wards rCoordinatedIluman Rsorrce Develop-n@t Program Managementbr Cooperatives." About 200

ddqates attended fte affair -25S from Sctrools, 25% fromGovernment Agencies, 25%fmm tho local GovernmentUnits md 25% from the Co-operative sectof ard the Non-Government Organizations.

Hon. Orlando S. Mer-cado, the keynote speakerstrcssed that Cooperativesfhorrld stly away from gov-cmment support in carryingout their mission and visionbccause of government bu-leancmcy. The policy makerslet dtings as they are becausethey believed that if theycan't help they should not bethe hindrance for growth ofthe Cooperatives. He sug-gested that should the Coop-eratives sector wanted abigger budget from the gov-emment, the Cooperativesshould group together andlobby to the policy makersfor assistance.

Chairman Jose C. Med-ina, Jr. presented the CDA'sGame plan for StrengtheningCooperatives for GlobalCompetitiveness. CDA Ad-ministrator Teresita M.Coloma informed the dele-gates that Cooperatives as asubject is already included in

(Continued on page 8)

[Act I, Scene 1. The ta-ble is open for (name i$. Anyco-operator may have thefloor. Open another servicewindow? What's our ceiling?Bench-mark? But co-ops haveno cabinet. Toolbox for year2000! What, no platform?BBCCC is the roof over 8,000families. "Umbrella, stupid,look at the logo." Please, ad-dress the chair. "Lean on thewall, you're not in good stand-ing.t' "Go sink" "Higher" "Iobject, make it lower." Toomany cooks on equal foofingequals bedlam. "Order in ttrehouse!" A feeble voice: "N{akeit medium rare. Mine, to go."

The Chair bangs the gavel.lThis Chair is tasked to

call the meeting, and the co-operative on end, to order.Hence, he presides, but gen-erally without taking sides.Now, the BBCCC moves tomake sure that its members,the Board committees and staffco-operate and keep each otherinformed. What about a news-letter, any objections? TheChair hears none. "CarriedDirective: Attention Mancomand Edcom, for prompt imple-mentation."

-o0o-Commitment of mem-

bers is the lifeblood of any co-

THE BBCCC COOPSERVER 7Fuerle heads The Coop ..,,

PFCCO

CommilteesAt the 37th Annual

Ceneral Assembly and Edu-cational Forum of the Philip-pine Federation of CreditCooperatives,(PFCCO) lastMay 21 to 24, 1997 at theHiyas Convention Center,Malolos, Bulacan, Directorfmerita C. Fuerte was ap-pointed by the PFCCO Mem-berehip Council to head itsFinance and ManagementConrmittee after losing in alottery to break the tie for thesecond slot of a member forCouncil-at-large. This will bethe second tirne Fuerte willoccupy the said positionn*rich she left last 1996.

Fuerte was also electedas a member of the lnterimBoard of Directors of thenewly organized PhilippineAssociation of CooperativeManagers (PASCOM). Shewas also appointed as theVice-President for HumanResource Development oftfie same organization.

The BBCCC was repre-sented at the PFCCO Forumby Chairman Atty. Renato C.Fernandez, who is at thesame time it's Legal Counsel,Directors Emerita C. Fuerte,Roberta Balangue, NidaFlavier, Committee Chairper-sons Ofelia Viloria, and staffnember Mrs. Deminda Ban-doquillo.

BBGCG Memberslnsured Under

Personal Acci-

from page 5

plemented on March 31,1e90).

The education fund con-cept was introduced in RA2023 in 1957. lt was continuedin 1973 by PD 175 and LOI23. T\e administration of theCETF was transferred to theCUP through DA CircularNo. 1 s. 1982 when the ad-ministration and supervision ofcooperatives where transferredfrom the Department of LocalGovernments and CommunityDevelopment to the Depart-ment of Agriculture. TheCETF is a social fund in-tended for the development

from the ...from page 6

association (Articles of Coop-eration) are "to undertake con-tinuous cooperative educationfor its members, directors,committeemen, officers andemployees as well as the gen-eral public in the principlesand techniques of coopera-tion." (Art. 11 (O; and "toconduct publicity and researchworks for the promotion of thecooperative move- ment; and,for this purpose to issue fromtime to time suitable publica-tions or literature on eoopera-tives." [Art, II (8)]. Thus,"The BBCCC NEWSLET-TER" IS BORN - to inform,to educate, to inspire, to sup-pod, to demand, to expose, tooppose, to exclaim, to cele-brate, to share, etc. for thebest interest of BBCCC and itsmembers.

-o0o-We congratulate the sev-

enty-nine participants of the 2-

and dynamism of the move-ment. It is a fund proportion-ately contributed by the viableand progressive cooperatives(RA 6938, Art; 87) - not morethan ten percent (l0%o) of thenet surplus. Marginal coopera-tives with no net surplus don'tcontribute to the fund. But thefund is to develop the wholecooperative movement, andnot only the big contributors.

These cooperatives whohave little or no contributionto the education are the oneswho need assistance especiallyno if our objectives is to de-velop and attain self-reliance,economic development, socialjustice and equitable distribu-tion of wealth.

posals (pro-poor, high-tech,competitive, comprehensive

We should not ask whatwe can get in return for theCETF we remit. By thisthought, we will only makethe rich richer and the poorpoorer - the more viable co-operatives to progress and thepoor and weak ones to die.

The UNION syslem isnot intended primarily forbusiness, it is intended tomake the movement dynamic.While the primaries and fed-erations pr6vide +be -f.hysicalstnrctures to make the move-ment zurvive and progress, theunions proved the quality oflike of the movement. Andboth components are indispen-sable for the sound growth anddevelopment of the coopera-tive movement.

-o0o-The Chair, for the

day "BBCCC Consultations tensions; that missions matchand Planning Seminar-Work- visions, and co-op plans noshop". It was revealing, and matter how simplified, call forvery productive. The leveling concerted actions. A newwas easy, the orientations re- chapter in BBCCC history.warding, input extensive, de- Expect that thE last GA deci-liberations lively, output bri- sion reducing the CETF tolliant beyond expectations, and merc 5% will be reconsidered.the atmosphere ranging from Again, congratulations andserious to hilarious. With such many thanks, specially to thewealth of quality insight and participants representing gen-foresight with "must do" pro- eral membership.

services, "be big", upgrade, Board, is inviting for moreexpand, take well calculated feedbgck, especially from therisks, etc.). It's pole-vaulting general membership. Be theytime too for BBCCI to the 21st in the form of suggestion, de-century, and the co-op deci- mand, support, etc., throughsion-makers and policy imple- definitely not apathy. Due re-mentors are now having their gard is given the contents ofhands, and shoulders, and our suggestion box. The Boardheads, full-load. The Chair, has been treating them as di-on volunteers, has a lot of u1g- rect communications, con-ing to do. sidred as inputs for conversion

- o 0 o - duringregularboardmeetings.Some by-products, BIG With our newsletter, another

LESSONS nonetheless from avenue is open for expressionthe seminar: that information and communication. Please,and dialogue clear the air of do contribute articles, sharemisconceptions and attendant your views, and speak up.

dent lnsurance

Here's good news forour cooperotive , mem-bers'. During its regulormeeting held lost June, theBoord of Directors op-

proved ond decided to ln-sure our members ln goodslonding under PenonolAccident lnsuronce withthe Moloyon lnsuronceCompony, lncorporoted.

Eoch member ln goodstondng b covered for fif-teen thoword pesos(P15O6,0) for occldentoldeoth, seven thousond fuehurrdred p€soo G75@.@)

for buriol expenses or fivethousond pesos (P5,000.m)for medicol reimbursementif he gets hospitolized dueto occident except those

(Continued on page 8)

8 THE BBCCC COOPSERVER

from page 7

the High School and Collegecurriculum. Mrs. Aurea DeRamayo shared her experi-ences at the Cordova Coop-erative School that theircooperative was bankruptwhen she assumed as Man-ager and today is now a mil-lionaire coop. Mr. GeminianoDumaua, Jr. reported about

the establishment of the Isa-bela Polytechnic Coop Col-lege which is owned by a

cooperative. Atty. R. Corpuzsuggested that the schoolmust comply with the SEC

and the DECS requirementsin addition to the CDA re-quirements. Mr. Bien Nitopresented also the MasteralProgram on cooperatives of-fered by the University ofAsia and the Pacific which isoffered by Modules.

The delegates weregrouped into four and pre-pared their mission and vi-sion on the Hurnan ResourceDevelclpment Program forCooperatives and submittedto Mr. Candelario L. Ver-zosa Jr. for the summary ofthe output.

from page 7

exclusions os indicoted inthe insuronce policy. Fomi-lies of members ore there-fore osked to report to theoffice incidents of deoth orhospitolizotion due to occi-dents (provided not foilingunder the exclusions) sothe necessory cloims moybe processed with the in-suronce compony, For fur-ther informotion reloted tothose exclusions fromcloims, members moycome ond reod the mosterpolicy ot the office.

BBCCC Mem-bers Insured... daY"),

Second ,.. BBCCC Rcps in WOCCVEbucAtior4Al fontffi

The BBCCC was rep-resented in the WotldCouncil of Credit Unions(WOCCU) lnternationalCredit Union Forum heldat the Hyatt Regency andVancouver Hotel in Van-couver, Canada in lune 28- luly 3, 1997 with the at-tendance of the followingofficers and members,namely Atty. Renato Fer-nandez, Dr. EmeritaFuerte, Atty. Ruben Cor-puz, Prof. Mary Minglanaand Flordelina Saavedra.

Under the theme Di-verse Voices in Concert"and attended bv morethan 2,000 credit union(CU) advocates from 78cbuntries, the Forum fo-cused on the opportunitiesto build an even strongerworldwide credit unionmovement. A world-classgroup of dynamic speakersand facilitators, led byRick Hansen of the wheel-chair awareness fame,VISA executive FrancoisDutray ('Using Tomor-row's Technology To-

Australianinformation and forecast-ing consultant Philip K.

Ruthven ("LeadershipChallenges of the Finan-cial and Socia/ Landscapeof the 2l st Century"), andCanada's leading econo-mist Ranga Chand ("ALook at Future WorldEconomy"), shared the in-ternational movement'smost current and relevantissues, enhancing creditunionists' knowledge andskills regardless of the sizeor stage of development of

their repective CU move-ment5.

With a very wide va-

riety of breakout sessionsand workshops witltineach theme tract to attend,the BBCCC de/egates sp/itrhemse/ves to cover as

much field as possib[e.Atty. Fernandez chose"Facing the Challenges ofKeeping Values and Princi-ples of the Credit UrtionPhilosophy Constant in a

Changing World" and "Us-ing Credit Union Values as

a Strategic Advantage".Atty. Corpuz opted for"Electronic Security andFraud" and "Board Effec-tiveness through Best Prac-tices in CorporateCovernance". Emy Fuerteatrended to "Social Audit-ing: What is it and WhyDo. lf?" and "The Role ofMicroenterprise in Devel-oping Movements", Mrs.Minglana focused on "TheEvolving Ro/e of Womenin Credit Unions - HowFar Have We Progressed?"and "Development Educa-tion Program: A Sharing ofExperiences". Ms. Saave-dra went through "Finan-cial Planning Programs forCredit Unions" and "Com-petencies for 2lst CenturyLeadership 5kills".

In the credit unionhosted study tours asamong the Forum',s manyspecial events, Emy Fuertevisited the huge and hi-tech Van City Credit Un-ion and the CreaterVancouver Credit UnionUnion; Dhel and MangMary, the North Shore

Credit Union; Fernandez,the CCEC Credit Unionand the Credit Union Cen-tral of British Columbia;and Corpuz-, the DeltaCredit Urtion and the Coop Housing Foundation ofBritish Columbia.'We'reittst overwhelmed by themagnitude and advance-ment of these giantcoops," says Emy.

"They're actually huge fi-nance, banking, and insur-ance firms that apply coopprinciples. Too much toleartt in so short a time.We were wide-eyed, justpicked up ideas, and triedour best to socialize andinitiate linkages."

Later in the week,Corpuz, Minglana, Saave.dra, and Fernandez hadthe occasion to visit on-go-ing coop housing proiectfor senior citizens atSquamish City, 8.C., and,at host league generous in-vitation, the latter threehad the privilege to ob-serve the services and tourthe facilities of the state.wide, 230 plus CU-mem-ber California CreditUnion League at Pomona,Los Angeles. /n an audi-ence with the Leaguepresident and offcers, Fer-

nandez proposed for an in-ter-league scheme ofremittance involving Fili-pino CU members in Cali-fornia and their co-opmember relatives in thePhilippines, a proposalwell received and set formore serious study, su|ject to RP league technicalreadi ness capabilities.