Cooperatives donate P5M for COVID vaccine While cooperatives all over the country are reeling from the COVID-19 Crisis and yet have complied with the Government regulations promulgated by the Cooperative Development authority and with the Bayanihan 2 Act that declared a moratorium on loan payments for all lending institutions – including cooperatives. But more importantly, […]
Land Bank of the Philippines asked to lower I-Rescue rate
Land Bank of the Philippines asked to lower I-Rescue rate After meeting virtually with co-op sector leaders on April 23, the House Committee on Cooperative Development came up with a resolution to ask the LBP to lower the interest rate on its I-Rescue Lending Program from the current 5% to 2%. With Small and Medium […]
Government Bares Menu of COVID-19 Crisis Rehab Programs for Co-ops
Government Bares Menu of COVID-19 Crisis Rehab Programs for Co-ops The Cooperative Development Authority has announced on its website the programs of the National Government that co-ops can avail of. These programs will help co-ops and their members to cope during the current COVID-19 Crisis, as well as after the crisis. With the quarantine being […]
Co-ops Take Business Continuity Planning Course online
Co-ops Take Business Continuity Planning Course online In the midst of the COVID-19 Crisis, thirty-two participants from 14 co-ops participated in NATCCO Training Group’s first offering of the Business Continuity Planning Training Course for co-ops on May 4 to 5. The course is done online through a Webinar. The BCP workshops are conducted in partnership […]
Adapting and Preparing Co-ops for Post-COVID
Adapting and Preparing Co-ops for Post-COVID With the global pandemic caused by the Corona Virus, all establishments and institutions must adapt and prepare for the “new normal.” On April 29, Bayan Academy conducted an online forum entitled “Preparing cooperatives for new normal” hosted by Patch Dulay, Program Director of Bayan HUB and Mary Rose Gobb, […]
Co-ops excepted from ECQ in Quezon City
Co-ops excepted from ECQ in Quezon City Quezon City Mayor Joy Belmonte announced on April 25 that establishments providing loans and credits to the poor – including co-operatives – are exempted from the enhanced community quarantine (ECQ) protocols. Without compromising social distancing, Belmonte explained that these establishments that provide arrangements for “microfinancing, loans or credit’’ […]
Co-ops in the time of COVID-19 Part 2
Co-ops in the time of COVID-19 Part 2 Cooperatives are doing their part in the nationwide fight against the COVID 19. As of April 6, 2020. NATCCO Network cooperatives have shared 91M to support the members, community, staff and officers. Many co-ops in the NATCCO Network are still operating with skeletal workforce. Those with Kaya […]