TAGUM CITY, Davao del Norte Oct. 24 (PIA) --- Beyond the Hall of Fame, home-grown billionaire cooperative aims to go beyond 100 years.
“We don’t want to rest on our laurels. I tell my fellow officers to
roll up our sleeves and continue to work for our members. Let’s keep on
ascending,” Tagum Cooperative Board of Directors (BOD) Chairperson Norma
Pereyras said during the Hermes Club media forum at the Insular Hotel.
During the 12th National Cooperative Summit in Cebu City on Oct. 16,
the Cooperative Development Authority (CDA) bestowed on Tagum
Cooperative the Hall of Fame recognition being a three-time Gawad
Parangal Awardee as the Most Outstanding Primary Cooperative Large Scale
Category at the national level.
At the regional level, CDA XI on October 12 also honoured Tagum
Cooperative as the Grand Slam Winner being the Most Outstanding
Cooperative for Large Scale Category.
“We want Tagum Cooperative to reach 100 years,” she said while
revealing to media practitioners the 27-day strategic planning workshop
that Tagum Cooperative officers are set to undergo starting tomorrow.
In a separate interview, she revealed three major agenda of continued
growth to pursue after Tagum Cooperative won the Hall of Fame award.
She wanted Tagum Cooperative to pursue sustainability and enhancement
of financial management and business operations through the conduct of
business planning, expansion of business and investment, review of the
organizational structure and regular semi-annual operations review.
Pereyras also saw the need for continuous education for members,
staff and officers through providing series of training on
self-development and on income-generating project for members; and
through a regular conduct of ownership meetings, and savings and loan
She also wanted the Cooperative to adopt the
latest technology and to enhance the monitoring and evaluation tools for
training as part of the continuous education strategy for members,
staff and officers.
Tagum Cooperative is also conscious about its social performance in
its bid to fulfill the 7th Principle of Cooperative which is “Concern
for Community”, through conducting close monitoring of special project
implementation and corporate social responsibility evaluation.
Meanwhile, Pereyras showed that TAgum Cooperative still performed
well even after the Gawad Parangal screening was done in May this year.
She revealed that as of September, 2014, the Cooperative posted a
total membership of 111,059; savings, P1.23 billion; loan portfolio,
P1.87 billion; assets, P2.63 billion; share capital, P880.4 million; net
surplus, P 172.35 million with no external borrowings. (PIA 11/ JMDA)