NATCCO Submits Regulatory Relief Recommendation to CDA With the lockdown in most parts of the country, co-ops deferred collection of loan payments from members in compliance with the Bayanihan Heal as One Act that declared a moratorium on loan payments, interests and fees. This resulted in decline in profitability. Many people were unable to work […]
Digital transactions, webinars needed more than ever
Digital transactions, webinars needed more than ever During the quarantine period that began on March 16, traveling to public places and crowd gatherings have stopped. People have stayed home to avoid contracting the COVID-19 disease. Thus, co-op members and staff stayed home. Many co-ops, especially in urban centers closed. But thanks to the KAYA Payment […]
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 […]
Kidapawan co-ops camp after quakes
Kidapawan co-ops camp after quakes KIDAPAWAN CITY — Powerful earthquakes hit Central and Southern Mindanao last year and three member co-operatives of the NATCCO Network saw their offices here damaged. The co-ops are Sta. Catalina Credit Cooperative, Mediatrix Multi-Purpose Cooperative, and BCS Credit Cooperative in Bansalan Municipality 28 kilometers away. According to the Philippine Institute […]
Davao City receives NACUFOK, Tagum Cooperative donation
Davao City receives NACUFOK, Tagum Cooperative donation DAVAO CITY – To stem the spread of the Corona Virus, Malacanang Palace released on March 16 guidelines for the enhanced community quarantine starting March 16. Only private establishments “providing basic necessities and such activities” are allowed to remain open during the quarantine period. “Essential business” allowed to […]
Cardona named Global Women’s Leadership scholar
Cardona named Global Women’s Leadership scholar WISCONSIN, USA — The World Council of Credit Unions’ Global Women’s Leadership Network (GWLN) awarded four scholarships to industry women to join the Network and to provide opportunities for professional development, networking and skill diversification. Among the 2020 scholars is NATCCO’s Gender & Development Representative to the Board, Joselita […]
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 encouraged to go for Gold!
Co-ops encouraged to go for Gold! Co-ops are not charity organizations, but rather enterprises that serve members and the community. And the key to excellent service and sustainability is to meet Asian standards. This was the gist of NATCCO Consultancy Team & Knowledge Resource Center’s free webinar on Access Branding Attended by 34 participants from […]
Co-ops allowed to operate as essentials businesses
Co-ops allowed to operate as essentials businesses The Government has released the guidelines for Modified Enhanced Community Quarantine (MECQ), where credit co-ops are listed as among the “essential businesses” allowed to operate. The MECQ will start implementation on March 16. It is in line with the World Health Organization’s warning against rushing the lifting of […]
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 […]