DCCCO Multipurpose Cooperative, Bais Branch

DCCCO Multipurpose Cooperative, Bais Branch DCCCO Multipurpose Cooperative
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The Why of its Existence:

Felt need brought about by socio-economic difficulties and painful/dehumanizing effects of poverty and exploitation. Urgent need to liberate a group of parents from the clutches of loan sharks for the educational needs of their children/students at Dumaguete Cathedral College (DCC), now Colegio de Santa Catalina de Alejandria (COSCA). Significant Dates:

February 17,

1968
- Dumaguete Cathedral Credit Cooperative Union (DCCCU) was formally organized


August 5, 1969
- Registered with Cooperative Administration Office under RA 2023


September 25, 1975
- Registered with the Bureau of Cooperative Development (BCOD) under PD 175


April 15, 1991
- Confirmation of registration by the Cooperative Development Authority (CDA) under RA 6938


June 17, 2011
- Granted approval as Multipurpose Cooperative under RA 9520



The Builders :

Initial Data upon Registration:

Membership - 49 members (inclusive of 15 incorporators)
Capital - PhP 1,181.50
Maximum Loan - PhP 200.00
Management Staff - all volunteers and officers

Address

Talungon
Bais City
6206

Telephone

(035) 402-3368

Website

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