MICOOP Program

The Microfinance Innovations in Cooperatives (MICOOP) Program was established in 2006 to enable small co-ops, especially in the countryside, to grow and be sustainable to serve members better, and improve the communities where they operate. The aim is to spread financial inclusion to the “unbanked and underserved” that are largely ignored by the mainstream financial service providers.

 

Cooperatives under the MICOOP Program are provided literally everything they need to serve their members better.  They are provided the whole gamut of products and services necessary to make their co-ops grow bigger: training, banking software, operations at par with world credit union standards, marketing system, advocacies, and even injection of capital as needed.

The MICOOP Team currently hand-holds 79 MICOOP offices with 44 partner cooperatives. Asset size of the partner coops ranged from micro to large. The team is constantly overseeing the co-ops’ operations and always seeking to make improvements – beginning with compliance to regulations and eventually benchmarking with world standards in credit cooperative operations.

 

Five (5) of these MICOOPs are under Consultancy and 74 are under co-management.

 

Growing a micro- or small cooperative – managed initially by non-professional staff – is no easy task for the 24 staff of the MICOOP Team.  The MICOOP Program also partners with established cooperatives to open branches in areas where there are Filipinos considered “unbankable”, where NATCCO and host cooperatives share the task and the risks of empowering Filipinos the enable them to improve their lives and their communities.

 

The NATCCO Network currently assists Agrarian Reform co-ops under the MICARAS Program of the Department of Agrarian Reform (DAR).

Co-management & Consultancy

MICOOP offers two major types of partnership: co-management and consultancy.

Capacity Building

MICOOP trains the staff and officers on the MICOOP policies, systems and procedures.

Risk Management

Risk Management

Why NATCCO MICOOP?

The NATCCO Network partners with co-ops to put up branches in areas with high poverty incidence to provide microfinance services – savings deposits, loans, and insurance.

 

The NATCCO Network provides technical and financial assistance to these co-ops – mostly micro- and small co-ops – to enable them to improve the lives of the ‘unbanked’ who are willing and able to put up and operate small enterprises.

 

The NATCCO Network currently assists Agrarian Reform co-ops under the MICARAS Program of the Department  of Agrarian Reform.

Our Team

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