La Trinidad Reaps Coop Award
Coun. Horacio Ramos, Jr.- Coop Committee Chair, Orlando Pacya-LT Coop Officer, and Thaddeus Bernardo, Sr. – LT Coop Council Chair received the LGU award from CDA Asst. RD Letecia Cayanos together with CDA staff. –photo by Dennis
La Trinidad Reaps Coop Award; BSU MPC breaches 1.1 billion mark
The municipality of La Trinidad received a recognition as Best Performing Local Government Unit—Coop Office from the Cooperative Development Authority (CDA) during the Regional Gawad Parangal Awarding last week in Baguio City.
The capital town scored high on Organization, Management and Leadership including Program Implementation. The municipality garnered 84% surpassing the 70% qualification for the LGU category. La Trinidad is now vying for the national award which will be set on the last quarter of this year after a field validation. CDA also stressed on the support of Mayor Romeo Salda in upholding cooperativism in the valley.
Gawad Parangal is an annual search for the Most Outstanding and Best Performing cooperatives, leaders, LGU offices and other stakeholders exemplifying best practices and outstanding performance and contributions to cooperative development.
The La Trinidad coops that received the same distinctions and will advance for the national search are BATJODA MPC-Medium Category and BSU Orchidarium and Ornamental Plant Growers MPC-Small Category. Further, EPIMELEOMAI MPC, a church-based coop, was commended for its participation under the small category.
Meanwhile, Benguet State University Multipurpose Cooperative (BSU MPC), a recognized body for participating in the Best Performing Large Coop category, revealed that it reached 1.1 billion assets as of July compared to that of 814 million in 2016.
This institutional now turned community-based coop is the fourth billionaire in the region. Ms. Jane Asiong, CEO, pointed out that the substantial hike in the assets came from the increase in membership capital shares. She said the coop expanded its services through the opening of satellite offices in Bauko, Mt. Province and Baguio City. The coop’s diversified business operation also contributed to the record-breaking triumph. BSU MPC has also a Laboratory Coop composed of 4,000 members with millions of savings deposit.//Orlando Pacya