• Let's Get Digital!

    USAID’s Mamerto Tangonan gave a talk entitled The National Retail Payment System & the Digital Finance Landscape in the Philippines, delivered at the NATCCO Co-op Leaders Congress in Limketkai Luxe Hotel in Cagayan de Oro City for all co-ops to Read More
  • First Co-op Cup Chess Tournament October 21

    Excellent Peoples' MPC and NATCCO Network recently signed an Agreement to hold the first chess tournament for co-ops.   In the spirit of Cooperative Solidarity, the First Co-op Chess Cup Tournament for co-operators is scheduled for October 21 with theme Read More
  • #1coopnation in October!

    Cooperators all over the country are enjoined to celebrate the Cooperative Month this October, culminating in the National Cooperative Day on October 20.    The Cooperative Development Authority (CDA) issued on September 7 Memorandum Circular 2018-2 declaring said date as Read More
  • LANDBANK Lauds Gawad PITAK Awardees

    PASAY CITY -- Leading this year’s roster of winners in LANDBANK’s Gawad sa Pinakatanging Kooperatiba (Gawad PITAK) are two cooperatives that have remained steadfast and consistent in fulfilling their mission of bettering the lives of their members, and growing with the Read More
  • Text Blasting is eKoopBanker’s latest feature

    The NATCCO Information Technology Group is pleased to introduce a newly-launched feature of the NATCCO Network’s eKoopBanker /Plus financial software: TEXT BLAST FACILITY! This is an automated messaging system that can send the following text messages to your members:  • Read More
  • Oro Integrated Reaches for Stars, Deepens Roots

    Founded by 28 co-operators in March 1966 to provide opportunities for vendors, entrepreneurs, self-employed, teachers and farmers, Oro Integrated Cooperative has gone a long way.   OIC had sturdy roots, having co-op champions among its list of founders, such as Read More
  • Kaya is the Way to Go!

    In the UN Sustainable Development Goals 2030, there are two buzz words: “Leave No One Behind!” and a new one, “Reaching the Farthest Behind First”.   I think of the indigenous peoples in the rural areas.  In my village in Read More
  • Co-operatives Should Tap the Millennials

    Millennial, Social Entrepreneur, and author,  John Xavier Francia tells participants at the recent 2018 Co-op Leaders’ Congress in Cagayan de Oro 1) who are the millennials, 2) what it takes to take them on board, and 3) how they can Read More
  • Weather Bureau Cooperative Celebrates 65th

    When the Philippine Weather Bureau was undergoing rehabilitation due to the devastation wrought by the World War II, a core of enterprising weathermen established the Weather Bureau Employees Association (WBEA). The aims were, a) to promote brotherhood and unity among Read More
  • Credit Union Apex Endorses Kaya Payment Platform

        Credit unions empower and improve communities. According to the ICA, the cooperative identity is “based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical Read More
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Guideco Becomes Town Center thru Pinoy Coop ATM

Guimbal, ILOILO -- This quaint town is a coastal fourth class municipality of 33,820 people. 
 
Its 9 kilometers of scenic shoreline has attracted tourists, an industry that supplements its citizens’ agricultural livelihood.
 
In April 1993, the Southern Iloilo Development Foundation put up the Guimbal Development Cooperative (GUIDECO).  The foundation invited one representative from each of the town’s 33 barangays to join.  An initial Share Capital of P 33,000 was set.
 
Today, on its third decade, the co-op is still into lending and deposits for its 965 members, and its Assets amount to P43.65 Million.  The co-op has mustered enough resources to put up a grocery, a farm supply store, and on November 28, 2017 – a Pinoy Coop ATM.
Four months into its operations, the ATM has made 3,265 transactions.  That is about 25-30 transactions daily.
 
Asked why the large number of transactions, Manager Mr. Benny Tanate replied: “There are only two ATMs in our municipality. And GUIDECO charges lower transaction rates compared to the rural bank.”
 
Asked if the co-op has encountered any problems, he said: “Not really.  If ever there is a problem, it’s a good one: madali maubos ang cash namin dahil sa dami ng nag-withdrawal!” (Our cash supply needs to be replenished quite fast because of the large number of withdrawals!)
 
Other NATCCO services availed by GUIDECO are training and Aflatoun for kids.
 

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