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| ABOUT KAPALONG COOPERATIVE |
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KC coop is a Savings and Credit Coop achieving International Prudential Standards as set by the World Council of Credit Union (WOCCU) |
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is the acronym for Finance Organization achieving Certified Credit Union Standards
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A FOCCUS – certified coop is achieving strict financial discipline ratios that assure safety of members’ money. It indicates positive growth and quality management of coop members. |
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A world class cooperative envisioned to be globally competitive, progressive, and well organized to sustain economic growth in the Community. Owned and well managed by committed, responsible, honest, educated, well trained and empowered members, officers and management staff to carry on total human development.
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To strengthen and promote quality cooperativism in Kapalong and other areas to uplift and uphold the socio-political, economic and spiritual well being of the people. |
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Organized with just 30 members in May 1965, Kapalong Community Credit Cooperative, Inc., and registered on May 12, 1967 with registration No. 001655 (CAO) started up with an initial paid-up capital of P208.00. Re-registered on September 18, 1978 at BCOD with re-registration no. RXI FF-011 (PD175) with paid up capital of P36, 978.91 and confirmed by CDA under RA 6938 and 6939 on July 29, 1994 with 442 members and paid up capital P797,414.69 and total assets of 7.1M. Through prudent management and adherence to financial disciplines Kapalong Cooperative manage to 106.1M today and has over 10,000 members.. |
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