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Cooperative Management Reflection

Eleazar Garcelazo reflects on cooperatives in the Philippines based on visits to three cooperatives in Surigao City. The document discusses that cooperatives help achieve economic development and provide opportunities for people to sustain their needs. It describes the classifications of cooperatives from micro to large based on assets and observes differences in management and customer service between classifications. The document concludes that most cooperatives in the country are successful in assisting members and fulfilling social responsibilities.

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1K views2 pages

Cooperative Management Reflection

Eleazar Garcelazo reflects on cooperatives in the Philippines based on visits to three cooperatives in Surigao City. The document discusses that cooperatives help achieve economic development and provide opportunities for people to sustain their needs. It describes the classifications of cooperatives from micro to large based on assets and observes differences in management and customer service between classifications. The document concludes that most cooperatives in the country are successful in assisting members and fulfilling social responsibilities.

Uploaded by

Faker Mejia
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© © All Rights Reserved
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Eleazar Garcelazo July 17, 2019

BSBA 4 Cooperative Management

Reflection on the Cooperatives in the Philippines

Economic development is a growth indicator measured through the status of living in


the community.  It describes the status and living condition of our people.  In relation to this are
the services provided by the government to open doors for opportunities.  Economic
development is an indicator that defines the quality, effectiveness and efficiency of the
government in terms of service delivery. 

Cooperatives are seen to be an alternative means to achieve what the government is


mandated to provide. It helps people to sustain their daily needs by learning to invest their
money accordingly. Cooperatives have existed for a very long time now. It has been helping
farmers, government employees, factory workers, etc. since 1840s. Up until now this system
never failed to provide for its members.

In my city (Surigao City), a lot of cooperatives have developed already. Some of those
that I visited are Soccorro Empowered People’s Cooperative or most commonly known as
SOEMCO then there is the FIRST COMMUNITY COOPERATIVE which is nationally known as
FICCO and the last is Agusan del Norte Teachers, Retirees, Employees and Community
Cooperative or ANTRECCO.

On my visits I’ve learned that there are four classifications of cooperatives here in our
country – micro, small, medium and large. Micro is composed of cooperatives with assets three
million and below, then small is classified with 15 million and below, medium is 100 million and
below, and large is 100 million and above. I have observed that with each classification comes
with different style of management and customer service.

When I visited SOEMCO and ANTRECCO they are somehow recognized as a small –
medium sized cooperative because they fall into those criteria. They have small offices that
could cater only 5-10 persons at max. They offer a wide variety of services and excellent
benefits for their members. As I have observed when I was there, there isn’t a lot of staff inside
these cooperatives. There were just 4-5 including the security personnel.

Now FICCO is a different story. It is considered as a large cooperative since it the top
performing cooperative in the country. They have the most number of branches nationwide
and hold the most number of members. When I entered their office, you can tell right away the
difference between the first two that I’ve visited. The moment you step into the office you can
never say if it is a cooperative you are entering or a bank. They have a lot of employees
including a lot of tellers to accommodate your needs. They offer a lot more services and
benefits for their members than those two that I have mentioned earlier. They offer car loans
and other vehicle financing. They even offer gadgets and appliances too!

In terms of acquiring membership the three cooperatives are pretty similar in terms of
requirements. It’s not really hard to be a member of a cooperative here in the Philippines. In
fact, you can be a full pledged member in just months after contributing regularly.

In conclusion, I think most of the cooperatives here in the country are pretty successful.
They also give excellent assistance to their members and never fail to submit to its social
responsibilities. I am happy that I was able to tour those said offices as I have learned a lot from
those trip. I hope someday I could study deeper the Ins and Outs of the cooperative business.

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