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Most Outstanding Rural Financial Institution for LUZON I

Agribusiness Rural Bank, Inc.

Solano, Nueva Vizcaya

Formerly Rural Bank of Sta. Fe (Nueva Vizcaya) Inc., the AGRIBUSINESS RURAL BANK was founded in 1978 and started operations in its hometown at Sta. Fe, Nueva Vizcaya with a capitalization of Php1.0 million.

Committed to be “the Rural Bank that cares”, AGRIBANK has three (3) decades of dedicated and committed service and   has grown and expanded its operations not only in the province of Nueva Vizcaya but also in prime cities and municipalities in the provinces of Isabela, Nueva Vizcaya, Nueva Ecija, Sorsogon City, Camarines Sur, Albay, Palawan, Bohol, Oriental Mindoro, Occidental Mindoro, Romblon and Metro Manila.  Seventeen (17) branches are strategically situated in  these provinces  while  ten (10) other banking office  (OBOs)  have been  put up in Sta. Rosa,  Gapan, General Santos, Cebu, Gen. Tinio, Pili, Ligao, Tabaco, Daraga and Virac.

AGRIBANK offers  a  variety  of   products and services  ranging  from  the traditional Agricultural, commercial and Industrial  loans, to Pangkabuhayan loans , Agri-machinery loans, Puhunan para sa Asawa ng mga Drivers  (PAD) loans and salary loans.  Depositors may choose from numerous deposit products such as Regular savings, Smart savings, Special Smart Savings and Starflex Deposits.

At present, AGRIBANK is based at the productive municipality of Solano, Nueva Vizcaya, and is one of the fast growing rural banks in the region with total resources of Php2.0 billion and manned by 453 skilled, well-trained, dedicated and committed employees.

In 2009 to 2010,  Agribank  garnered  multiple  awards: The  Most  Outstanding  Rural Bank” by the Land  Bank of the  Philippines;  “ The Number  1  Taxpayer”  by  the   Local  Government of  Nueva  Vizcaya;   “One  of the top Ten GCash Rural Bank Partner” by  Globe , and in 2012  as “The Most  Distinguished  Partner in mSME Oriented  Rural  Banks”  by the  Small  Business Corporation.

AGRIBANK has been a partner of NLDC since June 20, 2006 and has a credit line of Php120.0 Million.



Most Outstanding Rural Financial Institution for LUZON II

Women's Rural Bank, Inc.

Rosario, Batangas

Women’s Rural Bank was established by a small group of women with a shared vision, shared mission and shared responsibility.  The bank was conceived to bring into the mainstream of rural banking a social reform agenda that shall enable poverty-strapped women to have access to financial services and engage in profitable economic activities.  The concept, thus,   gave rise to a rural bank with a special mission:   to make the rural banking system contribute towards the socioeconomic upliftment and empowerment of women in the countryside.

Indeed, WRB envisions to bring rural societies closer to their aspirations of a life of dignity, harmony, peace and equity for all women and men.   To pursue their shared vision and mission, the women behind the establishment of WRB also assumed a shared responsibility of taking a loan from a foreign creditor who supported its affirmative action for rural women.  The loan enabled the bank to operate with adequate funds since 1998.   The shared responsibility naturally applied to the Board of Directors who are responsible for direction setting and policy formulation for a sound and profitable bank.

The bank was incorporated on 16 September 1997 and was   given a Certificate of Authority to Operate as a rural bank by BSP on 19 February 1998. Having been duly authorized, WRB started operations on 27 February 1998 in Rosario, Batangas. 

Women’s Rural Bank was accredited as an NLDC partner on October 30, 2006 and currently has a revolving credit line of Php50.0 Million.


Most Outstanding Rural Financial Institution for VISAYAS

First Agro-Industrial Rural Bank, Inc.

Bogo, Cebu

The First Agro-Industrial Rural Bank, Inc., commonly known as FAIRBank, started its commercial operations on January 16, 1999. The Bangko Sentral ng Pilipinas through the Monetary Board granted FAIRBank the authority to operate banking business on September 5, 1998 and the Securities and Exchange Commission approved the registration of FAIRBank Inc. as a corporate entity vested with a distinct juridical personality.  The principal place of business was then located at Poblacion, Daanbantayan, Cebu.  Daanbantayan is at the northernmost tip of the province of Cebu.  By then, there was no rural banking facility that served the agricultural needs of the local community and FAIRBank’s creation came at a perfect time.


FAIRBank’s three-year performance posted a remarkable growth, impelling management to open its first branch in Sta. Fe, a municipality in Bantayan Island, on August 30, 2002.  On September 18 of the same year, FAIRBank noted the growing awareness of the community on the then newly introduced banking methodology, which is the Grameen banking.  The grameen banking approach was so widely accepted by the women in Daanbantayan area that its financial return significantly contributed to the income generation of the bank.  The Grameen-based lending window was named Kaabag Program – Kaabag is a Cebuano dialect for helper.


To further provide a tailored fit service for the micro-finance sector, an individual lending program for micro entrepreneurs was opened on June 16, 2003.  The program was named PAMILYA, an acronym that stands for (PAGGIYA SA PAGLAMBO ALANG SA YANONG AMBISYON) means family in the English language.  The acronym is a  guide that will remind every microentrepreneur of  the  reason behind his/her simple ambition to grow and succeed in his/her business.


Due to the positive responses of the community towards the rural bank facility, FAIR Bank was able to establish another branch in Bogo, Cebu on August 30, 2005.  The favorable earnings and the wide coverage of the bank’s services that reached the southernmost part of Cebu necessitated opening of Balamban Branch on April 3, 2006.   On the same need,  Danao branch also  started  operations  on April 17, 2006  and Carcar Branch on October 3, 2008.


Aside from these branch offices, FAIRBank established service outlets in the cities within Cebu Province.  These outlets only serve the micro-finance clients in areas far from the services of the regular branch office.  The first service outlet was opened at Toledo City on February 15, 2007.  The second service outlet started serving its clients in Mandaue City on April 26, 2007.


In 2008, the BSP approved FAIRBank’s application for the conversion of Bogo branch into a head office.  Nowadays, the executive offices and the principal place of business are found and made at Dela Viña cor. J. Lequin Sts., Gairan, Bogo City.


In a desire to bring all concerted efforts towards one direction, FAIRBank management initiated the vision and mission building for a medium-term range.  The Board of Directors and the executive offices headed by the Chief Executive Officer spearheaded the drive toward the same journey and sets of core values were made as strategic entry points to fortify all the efforts.

FAIRBank, an accredited partner since 2005, has an existing Revolving Credit Line with NLDC amounting to Php74.0 Million. 


Most Outstanding Rural Financial Institution for MINDANAO and National Winner RFI Category

Peoples Bank of Caraga, Inc. 

San Francisco, Agusan Del Sur

The Peoples Bank of Caraga, Inc. (PBC) was registered with the Securities and Exchange Commission on October 24, 1972, as the Rural Bank of Talacogon, Inc., primarily to provide financial services to agrarian reform beneficiaries (ARBs) in Agusan del Sur.  It was established in Barangay Del Monte, Talacogon, Agusan del Sur, where government and non-government offices worked together to expedite land distribution among small farmers, while at the same time providing other services that will help ARBs improve their quality of life, such as technical services, cooperative and leadership development, health care program and financial services through the rural bank.

In 1996, PBC started branching out, and today, its head office in San Francisco, Agusan del Sur has eleven (11) branches and twenty one (21) micro-banking offices.   The expansion was prompted basically by its microfinance program, which   reached out to remotest barangays and   hard-to-reach areas.  In 2012, the microfinance services of PBC covered 1,069 barangays from 92 municipalities and 14 cities in eleven provinces in Mindanao; Agusan del Sur, Agusan del Norte, Surigao del Sur, Surigao del Norte, Comval Province, Davao del Norte, Davao del Sur, Davao Oriental, Misamis Oriental, Misamis Occidental and Zamboanga del Sur.

PBC is owned by farmers’ cooperatives, employees, and microfinance clients.   With its Php1.3 Billion resources, it serves over 100,000 borrowers and depositors combined,  which includes  some 43,047 microfinance clients.   Moreover, at end of 2012, the bank, through its special project for the indigenous people, served 3,478 Manobos residing in seven municipalities of Agusan del Sur, mostly in hard-to-reach areas.   Its financial services are delivered by a total manpower complement of 468.  The other services are provided by its foundation for trainings and community development activities, its mutual benefit association for insurance services, and the security force for plant, personnel and public safety and security services.  All three institutions are SEC-registered, but exclusively serving PBC programs, projects and concerns.

The bank’s mission is “to efficiently deliver desirable financial services to the countryside, supplemented by capacity building for enterprise development, and utilization of suitable technologies, towards sustainable livelihood and improved quality of life among the less-privileged sectors of society”.  Towards this end, it provides not only financial but also non-financial services to its clients and staff, that will be responsive to their needs for livelihood development, leadership and community development, health care and physical fitness promotion,  family life enhancement, and capacity development for disaster preparedness and environmental preservation.  The bank participates in programs and advocacies of government and non-government entities that are in line with its mission of poverty alleviation and environmental protection.    To assess its effectiveness as an institution, PBC uses instruments to measure changes in the lives of its clients that can be associated with its services, and to monitor client satisfaction periodically. 

The bank is committed to adopting the universal standards for social performance management, so that its vision of social uplift in the countryside, brought about by sustainable livelihoods that are generated from appropriate technologies and effective financial services, will soon come to reality.

The Peoples Bank of Caraga, Inc. is an active partner-conduit of NLDC since 1998, with existing credit line of Php150.0 Million under Livelihood Credit Assistance Program.


Most Outstanding Non-Government Organization for LUZON I

Rangtay sa Pagrang-Ay Foundation, Inc. 

Teacher’s Camp, Baguio City

Rangtay sa Pagrang-ay, Inc. (RSPI) is a non-stock, non-profit Christian Microfinance Institute whose mission is to transform lives through Christ-centered enterprise and community development. RSPI was duly registered with the Securities and Exchange Commission in March 1987.  It commenced its formal operations in the province of Benguet in March of the same year.  At that time, RSPI’s objective was to provide assistance to micro-entrepreneurs in Benguet who were unable to avail of the services from formal financing institutions but after some years, it was able to expand and is now operating in North and Central Luzon.

As in the case of any MFI, RSPI experienced its share of struggles and challenges in a highly competitive industry. Thus, the organization opted to maintain a rather conservative expansion program up to the present.

RSPI now maintains twenty-six (26) branches that spread out in the Cordillera, Ilocos, Isabela and Cagayan and some parts of Central Luzon.

RSPI offers various types of loan products, capital build-up, micro-insurance, community development programs, business development services and holistic transformation activities all geared towards uplifting the lives of the poor and helping them out of the bondage of poverty.  It aspires “to see God’s gift of personal and societal transformation manifested in Luzon.”   RSPI also envisions “a society where poor Filipino families grow in God’s leading and grace, with thriving livelihood endeavors, improved living standards, and contribute to the welfare of others.”  Through the leadership of the Executive Director and good governance from the Board of Trustees, and its core values  of   Christ-centeredness, compassion, competence and commitment, RSPI hopes to reach out to   a bigger clientele and to continue extending its services to other hard to reach areas in Luzon.

RSPI has been NLDC’s partners since March 8, 2006 and has a credit line of Php25.0 Million.


Most Outstanding Non-Government Organization for LUZON II and National Winner NGO Category

J.M. Honrado Foundation, Inc. 

Daraga, Albay

J.M. Honrado Foundation, Inc. (JMHFI) established and  managed  by  the   Honrado  family   who  are well known for their   experience in  rural  banking, is a mission-driven, non-profit company that provides microcredit to entrepreneurs.    The  humble beginnings  of   JMHFI   is  rooted on a  most sought-after ideal of the founder himself,  the late Atty. Jose M. Honrado:   “ a  selfless  adherence  to   improving  the plight of  the   less privileged in the community  by providing  them a  means to fight life’s struggle”.   Atty.  Honrado   often mentioned  his  dream  of   establishing   a foundation that  will  provide scholarships to deserving students and help  alleviate poverty in the community. 

It opened  in October 19, 2004  in Sorsogon City, under SEC Registration No. 29482 with an initial fund balance of Php1,000,000.   

At present, the foundation employs more than 100 locals and has a network of 11 branches region wide (3-Sorsogon, 2-Masbate, 5-Camarines Sur, 1-Albay).  JMHFI has grown steadily from  its  inception,   with  total loan portfolio now  at  Php59.298 Million  spread  over 12,657 active clients and total assets of Php70.198 Million (as of July 31, 2013).  Its entire loan portfolio has been financed by investments of private individuals and commercial institutions such as the National Livelihood Development Corporation (NLDC).

The two (2) Microfinance Programs of the JMHFI are the Kabuhayan 1 and 2, and the Kaagapay.

The Kabuhayan Microfinance Program is a group loan product for microenterprises.  Using the Grameen methodology, it makes  available affordable credit to microentrepreneurs, helping them expand their present business activities and increase their incomes. Kabuhayan focuses on microenterprises that generate regular business income.  The Kaagapay Microfinance Program, meanwhile,  is an incentive program for  loyal and active clients of Kabuhayan Microfinance Program, specifically  those  who  have  been with the program for the past two (2) years and maintains good credit discipline.  The Kaagapay Micofinance Program is an individual loan product for microenterprises.

While being a member of the JMHFI, the client is required to save by putting a part of their weekly amortization to their savings account.  This  instills  habitual  savings  among  clients,  raises their capital and/or makes funds readily available for their own personal needs.

JMHFI embodies a business model with four major components: talented lieutenants, local and well-trained staff, market penetration, and the use of effective technology.   Guided  by this  business model,     JMHFI  hopefully will be  able  to  establish a total of 16 branches all over the  Bicol region, with 20,000 active clients and total loan portfolio of Php100.0 Million by the end of 2015.

JMHFI has operated without subsidies or grants and lends at a competitive rate and maintained its PAR at less than 3%. It is an active partner-conduit of NLDC since 2006, with an existing Credit Line of Php30.0 Million under the Livelihood Credit Assistance Program.


Most Outstanding Non-Government Organization for VISAYAS

Negros Women for Tomorrow Foundation, Inc.

Bacolod City, Negros Occidental

Negros Women for Tomorrow Foundation, Inc. (NWTF) began in 1984 as a non-governmental organization that aimed to help women achieve self-sufficiency and self-reliance, particularly in low-income and depressed urban and rural communities. It sought to increase women’s awareness of their economic potential, to increase their skills and productivity and to improve their quality of life.

For the past 29 years, Negros Women for Tomorrow Foundation, Inc. has been operating as a Non-Government Organization, and for 24 years as a Microfinance Institution using the Grameen method of microcredit. Through Project Dungganon, Project Kasanag, Dungganon Bank (DBI), and the Dungganon Office of Information Technology (DO-IT), Negros Women for Tomorrow Foundation, Inc. is helping micro-entrepreneurs build and sustain their businesses.

As a microfinance institution, NWTF is working hard towards the achievement of its mission to provide sustainable financial and client-responsive developmental services to the poor.

As a social institution, NWTF is continuously providing non-financial services to its clients through skills training, scholarships, medical and dental missions, as well as environment-awareness workshops that ultimately improve the quality of life of some of the poorest in our country.

NTWF has been an accredited NLDC partner conduit since October 2005 and has revolving credit line of Php50.0 Million.


Most Outstanding Non-Government Organization for MINDANAO


MCLL Guiwan Highway, Zamboanga City

The will to uplift the lives of the poor in Region IX by providing financial services in a sustainable manner prompted Kasanyangan Foundation, Inc. (KFI) to implement a Microfinance Program following a modified Group Liability Banking System or Grameen Banking Approach (GBA).  It was conceptualized by Mr. Rodolfo T. Quinday Sr., the founding General Manager after attending the Savings and Credit Training at the Center for Agriculture and Rural Development (CARD) in Tranca Bay, Laguna in August, 2001.  The program started its operation on October of the same year with two hundred twenty five (225) members in the West Coast Area of Zamboanga City.


The program expanded on April 16, 2002 to other areas such as Isabela, Basilan; Jolo, Sulu; Bongao, Tawi-Tawi; Tungawan, Zamboanga Sibugay; Molave, Zamboanga del Sur and Siocon, Zamboanga del Norte.


Then on December 1, 2005, the program spun-off from its mother institution – the Kasanyangan Foundation, Inc. and was duly registered with the Securities and Exchange Commission (SEC) as KFI Center for Community Development Foundation, Inc. (KCCDFI) under Registration No. CN200530521.


After more than three (3) years of operation using the modified Grameen Approach,  it was noted that the system was not fitted for expansion because members are resigning due to “tapal’’ system (group liability).  Meanwhile, the Association for Social Advancement (ASA) has introduced an individual liability approach to microfinance where “tapal” system is not allowed.  Moreover, ASA has shown to be cost effective due to its standardized operation. Management decided to adopt the latter methodology.

As of June 2013, KCCDFI has 42 branches/offices that services 588 barangays in 63 municipalities and 6 cities.  The number of microfinance clients stands at 39,133.  It has received various awards and citations from other agencies including the National Livelihood Development Corporation.

KCCDFI has been a partner of NLDC since 2006, and has a revolving credit line of Php45.0 Million.


Most Outstanding Cooperative for LUZON I

Nueva Segovia Consortium of Cooperatives

Vigan City, Ilocos Sur

Nueva Segovia Consortium of Cooperatives (NSCC) was conceptualized thru the brilliant minds of Archbishop Orlando B. Quevedo, OMI, DD and Msgr. Ambrose L. Cabildo, MSW, JCC from the Archdiocese of Nueva Segovia, who both desired to have a viable and integrated program among its member cooperatives to help catalyze the holistic development of people within the Barangays and Municipalities of Ilocos Sur.

The first consultation meeting was held on June 7, 1992 and the organizational assembly on July 5, 1992 to amend/ratify/approve its Articles and By-laws.  Thereafter, it was registered on September 17, 1992 with the Cooperative Development Authority with Registration Number DAG-2218.

NSCC started practically with only Thirteen Thousand Five Hundred Pesos (Php13,500) as initial capital and with only three (3) employees working in its first few years.  To win the trust and support of Primary Cooperatives, NSCC initiated different programs and services for primary cooperative members, provided credit and capability building services and offered a lower rate of interest in its wholesale lending program.  Access to credit funds by these cooperatives enabled them to strengthen their own capital and support the projects of their members.

The dream to make NSCC the center for cooperative business and education prompted the establishment of a small training center.  Now, the NSCC PLAZA, a bigger training venue for cooperatives, with complete hotel amenities stands as the center of cooperative education not only in Region 1 but in the whole country as well.  It does not only promote cooperative education, but also tourism and economic activities within the Province of Ilocos Sur.  With humble leadership and effective management, NSCC has established significant partnerships with the Local Government Units in the Province of Ilocos Sur, City of Vigan and Municipality of Caoayan. 

Now counting 20 years of operation, NSCC has made a marvelous achievement in increasing assets from Php13,500 to Php777,952,950.87The area of operation also expanded from province-based to the whole of Luzon.  The expansion led to the creation of eleven (11) additional branches in the provinces of Ilocos Sur, Ilocos Norte, Benguet, La Union and Pangasinan and the setting up of one Hotel and Commercial Center in Ilocos Sur.  This 2013, NSCC opened its warehouse at Tagudin, Ilocos Sur for its agribusiness project and on September this year, it   will be opening its 12th Branch in Bacarra, Ilocos Norte.  The manpower of NSCC likewise have grown from only three (3) to 138 warm bodies. 

NSCC has been tapped by the National Livelihood Development Corporation as the lead institution to handle the Farmer’s Entrepreneurship Program (FEP) in the region.  It is closely coordinating with the Local Government Units of Vigan City, Caoayan, and Sinait and the University of Northern Philippines as the academe partner.  Other institutions actively supporting this program are the Catholic Relief Services (CRS) and the Jollibee Foods Corporation .  Through FEP, NSCC has opened opportunities of networking and marketing for  the farmers of Vigan City, Sinait and Caoayan, Ilocos Sur  to  institutional  buyers  like the  Jollibee  group of companies.  There are 75 farmers who are being benefited by this program.

NSCC is an accredited conduit partner of the NLDC since 2004.  Currently, it has Php80.0 Million Revolving Credit Line under the NLDC-Livelihood Credit Assistance Program.


Most Outstanding Cooperative for LUZON II



Daraga, Albay

In 1982, the Bicol University initiated a pilot program that will provide self-employment opportunities to its graduates as a response to the unemployment crisis besetting the country. This was the 4-year degree course on Bachelor of Science in Business Administration–Major in Entrepreneurship, developed in coordination with the University of the Philippines Institute of Small Scale Industries (UPISSI).  Starting only with a class of 15 students, the program graduated its pioneer class in 1986.

The program aims to increase entrepreneurial activities in the Bicol Region by producing graduates equipped with  managerial and technical know-how in establishing and managing their own business enterprise. The graduates pursued their vocation, but most of them could not take-off because of difficulty in sourcing  funds. Financial institutions were reluctant to help because they are young, they did not have any business track record nor acceptable capital equity or valuable collateral to offer.

These difficulties paved the way for the creation of the ENTREPRENEURS ALUMNI DEVELOPMENT COOPERATIVE (EADCOOP).  EADCOOP   aims to pool the talents and resources of the member-entrepreneurs under one umbrella organization that will extend services in carrying–out the noble intention of the Entrepreneurship Program. EADCOOP was organized on August 30, 1995 by 18 graduates and 2 Entrepreneurship teachers from the Bicol University College of Arts and Sciences (BUCAS).

EADCOOP, primarily  served as mother unit and link for financial assistance of the members thru their share capital and inter-lending scheme. Through the cooperative, members have a  source  of adequate working capital for their ongoing business,  an opportunity  to  increase  family income  and  generate employment for other people in the locality where their businesses are established.  The cooperative  is  a good  avenue for  promoting thrift, savings, capital formation and social reforms.

On July 16, 1996, it was granted juridical personality as a primary credit cooperative by the Cooperative Development Authority (CDA) under NG-2556.   On November 4, 2009 the cooperative was re-registered with  the CDA with reg. no.9520-05001724 as a requirement under Republic Act 9520,

To carry on the vision of the cooperative, its Board approved four (4) program windows to address to members’ needs. These are the Cooperative Relending Programs (CoRPro), Membership Savings Operation (MSO), Business Technical and Management Consultancy (BTMC), and the Cooperative’s Community Projects (CCP). Each has its   own specific program objectives and implementing policies and guidelines.

As of December 31, 2012, the cooperative has a total membership (regular and associate) of 2,866.  The  original paid-up share capital of Php12,500.00 in 1995  has grown to Php7.9 Million.  Total assets now  stands  at  Php27.1 Million. This growth was attributed to the trust and untiring support of the members and conduit partners of EADCOOP.

EADCOOP  has an existing Revolving Credit Line with NLDC amounting to Php12.0 Million.  It was accredited as  a partner-conduit  in 2004.


Most Outstanding Cooperative for VISAYAS and National Winner Cooperative Category


Lamac Multi-Purpose Cooperative

Lamac, Pinamungajan, Cebu

Lamac is a secluded and isolated valley southwest of Cebu,  14 km. to the town of Pinamungajan and 42 km. via Lutopan to the City of Cebu.  Farmers predominated  the Lamac populace  and  the most common problem  faced was where and  how to  acquire their basic needs and services.

It  was  very timely when the Department of Local Government and Community Development (DLGCD)  initiated  a program to organize farmers into “Samahang Nayons”,   which gave birth to Lamac Samahang Nayon in the year 1973.  An orientation training was conducted to at least 70 participants who were mostly tenant-tillers and small farm owners. With  an initial capital of Php50.00 contibuted  by  each member,  a  meager amount of  Php3,500   started the operation of a  consumer or marketing service with  volunteer members running the  effort.

The  Lamac  Samahang Nayon  garnered several awards and  continued  to operate  various   projects until 1986 when the financial status of the coop declined due to serious  management and leadership problems.  The diversified  SN projects became  difficult to handle. Fortunately again, a group of young local professionals, organized as the  “Barangay Lamac Organization on Management Effectiveness System Inc.”  (BLOMES Inc.),  assisted  and provided  technical  assistance  to organizations in the barangay.  A group of five young professionals was requested by the management to assist in running the cooperative.  Gradually, the LSN was rehabilitated with the assistance of fellow cooperative leaders from CPCUI.

On March 13, 1992 the Samahang Nayon was transformed and registered into a full pledge multipurpose cooperative under the BLOMES Inc. management.  Henceforth, Lamac Multi-Purpose Cooperative became a multi-awarded cooperative with united members, competent, committed and credible Board of Directors, officers and staff.

From 1995 onwards, LMPC started counting significant milestones.  Lamac erected a parish for its constituents who are mostly pious and quenched of spiritual services.   LMPC provided financial assistance for the construction of the convent and the major renovation of the church.  On December 8, 1997, the dream of LMPC to construct a three-storey building at the heart of Lamac worth Php2.0 Million was realized.  The building stood with all its grandeur, not only as its fortress but a landmark of LMPC’s success. 

With the all-out support of coop members and the Local Government who provided the parcel of land in a strategic place of the town, a new branch office building was erected and inaugurated on December 10, 2000.  On June 29, 2001, LMPC established the Toledo Branch Office, after amending its area of operation which was for the entire 3rd District of Cebu (from Barili to Tuburan).  In the year 2002, due to increasing demand from members, the Balamban Branch office was created and catered to the municipalities of Balamban, Asturias and Tuburan.  Year 2003, the LMPC Cooperative Training Center was constructed eventually becoming a resort, the Hidden Valley training Center and resort.

The Board of Directors amended LMPC’s  area of operation into province-wide in the year 2004 and after its approval, LMPC established a branch office in Minglanilla and Oslob; sub offices in Tuburan, Lutopan, Carcar, Bogo, Mandaue, and Lapulapu City.  At present LMPC is operating in the whole province of Cebu with 14 business offices and still hoping for more development in order to deliver desired services to its members as envisioned in its Vision and Mission and guided by its core values LOVE, i.e. loyalty, oneness, valor and empathy.

The Lamac Multi-Purpose Cooperative is an active partner-conduit of NLDC since 2006, with an existing credit line of Php50.0 Million under the Livelihood Credit Assistance Program.


Most Outstanding Cooperative for MINDANAO


Gata Daku Multi-Purpose Cooperative
Poblacion I, Clarin, Misamis Occidental

Gata Daku Multi-Purpose Cooperative started in 1992 from a very basic desire of 32 member-cooperators to put up a sari-sari store in Brgy. Gata Daku. 

With 32,000 share capital, GDMPC held office at Brgy. Gata Daku’s barangay office, quite meager compared to what it has now, i.e.  7 branches and a total of 118 employees.

Their experience was not a walk in the park.  But with self-discipline, strong determination, patience, humility, trust, obedience, understanding, courage and resourcefulness along with their faith in God, the challenges they faced were never insurmountable.  

GDMPC’s vision is to become “A world class cooperative in an empowered society”.  To GDMPC, an empowered society is instrumental in helping families increase household income and requires a cooperative that is capacitated   to meet their borrowers’ basic needs, to help them  run environmentally-sound and profitable business enterprises,  nurture harmonious family relationships and create a prosperous and peaceful community of God-fearing and values-oriented members.

Their mission “to provide excellent services to empower members and communities” is backed up by their core values SECURE which stands for Sustainability, Excellence, Community, Unity, Respect and Equality.

Gata Daku’s services can be  summed  up in the  phrase “ CHEER FOR THE BEST All purpose loan” which stands for Cell phone Loan, Housing Loan, Emergency loan, Educational Loan, Re-connection Loan, Fixed deposit Loan, OFW support Loan, Rice Loan, Travel & Tour Loan, Hospitalization Loan, Especial Loan (wedding, bday), Business Loan, Equipment assistance Loan, Salary loan, Transport / trisikad Loan.

They also have loan windows for microfinance and agriculture.   Savings products include: Time Deposit, Regular Savings, Youth Bee Savings, My Graduation Savings and Education Savings.

Gata Daku adopted an innovation that facilitated their members’ payment through easier e-payment or real time, online transaction.  Various community services and trainings are also conducted for members. 

GDMPC has been a partner of NLDC since May 15, 2000 and has a credit line of Php45.0 Million.                                                                                                                                                                                                                                                                                                                                                                                 


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