National Confederation Of Cooperatives
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National Confederation Of Cooperatives
The National Confederation of Cooperatives (NATCCO) is the largest cooperative federation in the Philippines with 760 member cooperatives and Non-governmental Organizations NGO in 77 Provinces and 130 Cities and Municipalities as of June 2015. History The National Confederation of Cooperatives (NATCCO) was organized by credit union A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including depo ... pioneers in the Philippines who believed that the task of co-op development lies primarily in the hands of the private sector. As early as the 1950s to 70s, co-op sector leaders were aware that in order to succeed they could not rely on government alone. Instead, co-ops have to be driven and patronized by their members and it is only through co-op education that this level of member patronage and respons ...
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Cooperative Federation
A co-operative federation or secondary co-operative is a co-operative in which all members are, in turn, co-operatives. Historically, co-operative federations have predominantly come in the form of co-operative wholesale societies and co-operative unions. Gide, Charles; as translated from French by the Co-operative Reference Library, Dublin, ''Consumers' Co-operative Societies'', Manchester: The Co-operative Union Limited, 1921, p. 122, Co-operative federations are a means through which co-operatives can fulfill the sixth Co-operative Principle, co-operation among co-operatives. The International Co-operative Alliance notes that ''“Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures.”'' Retail According to co-operative economist Charles Gide, the aim of a co-operative wholesale society, which is owned by retail consumer co-operatives, is to arrange "bulk ...
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Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ...
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Cooperatives
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
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Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and man ...
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Non-governmental Organizations
A non-governmental organization (NGO) or non-governmental organisation (see spelling differences) is an organization that generally is formed independent from government. They are typically nonprofit entities, and many of them are active in humanitarianism or the social sciences; they can also include clubs and associations that provide services to their members and others. Surveys indicate that NGOs have a high degree of public trust, which can make them a useful proxy for the concerns of society and stakeholders. However, NGOs can also be lobby groups for corporations, such as the World Economic Forum. NGOs are distinguished from international and intergovernmental organizations (''IOs'') in that the latter are more directly involved with sovereign states and their governments. The term as it is used today was first introduced in Article 71 of the newly-formed United Nations' Charter in 1945. While there is no fixed or formal definition for what NGOs are, they are general ...
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Municipalities
A municipality is usually a single administrative division having corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate. The term ''municipality'' may also mean the governing body of a given municipality. A municipality is a general-purpose administrative subdivision, as opposed to a special-purpose district. The term is derived from French and Latin . The English word ''municipality'' derives from the Latin social contract (derived from a word meaning "duty holders"), referring to the Latin communities that supplied Rome with troops in exchange for their own incorporation into the Roman state (granting Roman citizenship to the inhabitants) while permitting the communities to retain their own local governments (a limited autonomy). A municipality can be any political jurisdiction, from a sovereign state such as the Principality of Monaco, to a small village such as West Hampton Dunes, New York. The ...
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Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ...
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Tagum Cooperative
Tagum Cooperative is one of the largest cooperatives in Mindanao, Philippines as it is classified by the Cooperative Development Authority (CDA) of the Philippines as a ''large cooperative'' . It is composed of over 117, 000 members as of June 2015 coming from Tagum City, Davao del Norte and towns and cities throughout Region XI and in CARAGA region. History It was branded a Finance Organization achieving Certified Credit Union Standards (FOCCUS) in the year 2000 by the World Council of Credit Unions (WOCCU), based in the United States of America (USA), through its outreaching- cooperative program office in the Philippines, popularly known as the Credit Union Empowerment and Strengthening (CUES)- Philippines. Cooperative highlights and financial standing Affiliations *National Confederation of Cooperatives (NATCCO) *Mindanao Alliance of Self-help Societies- Southern Philippines Educational Cooperative Center (MASS-SPECC) *Model Cooperative Network (MCN) *CLIMBS Life & Genera ...
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