MSU-IIT Multi -Purpose Cooperative

Malaki ang kaibahan sa lending companies at mga cooperatives. At marami ding pagkakaiba ang bawat cooperatives sa ating bansa depende sa mission at vision nito. Sa dinamidami nila meron talagang mga bukod tanging mga cooperatives na totoong tumutulong sa community at sa mga membro nito. Hindi pa ako member na kahit isang cooperative, kaya ang layunin ko ngayon ay pag-aralan ang iba't ibang cooperative sa ating bansa. Isa na dito ay ang MSU-IIT National Multi-Purpose Cooperative. Dahil isa akong alumni sa MSU-IIT, nararapat lang na e introduce ko sila sa lahat kaso ang problema ngayon, hindi pa ganun ka dami ang branches nila sa buong Mindanao. Nagsimula ang operation sa Head Office nito na matatagpuan sa  2nd Floor, MSU-IIT NMPC Building Complex, Quezon Avenua Ext., Palao, Iligan City. At pwedeng matawagan ang kanila telepono: (063) 223-5874

Nong nag-aral pa ako doon sa MSU-IIT, nagbukas ako ng savings account. Bilang studyante, tinuruan na kaming mag-ipon at ihandle ng maayos ang aming mga allowances bawat buwan. Napakagandang halimbawa ang pagkakaroon ng ganong attitude to spend our allowances wisely dahil tumatanggap din kami ng stipend from the school at kailangan namin itong tipirin para hindi masasayang.

Sa ngayon lumalawak na ang operation ng cooperative nila. Kahit na sa Davao City ay meron na din sila branch na matatagpuan sa  35 Bldg., San Pedro St., Davao City sa harap ng MY HOTEL. Napuntahan ko na rin sila minsan kaso hindi pa nila pwede e extend ang kanila services sa area ko dahil masyadong malayo. Sana few months or years from now magkakaroon na rin ng branches ang Tagum City at Mati City kung saan mas malapit ako.

Sa ngayon meron na silang 20 branches Mindanao wide at still growing. Matagal na rin ang cooperative nila at masasabi nating nasubukan na sa tatag at tibay kaya sigurado tayo kung sasali tayo sa kanila, we are in good hands. MSU-IIT Coop was opened nong taong 1978.

Sa halagang P300 ay pwede ka nang maging member.  Para saan ang P300 na ibabayad natin sa MSU-IIT Cooperative? Meron 3 options para maging membro sa kanila?

Option 1

Share Capital   ---- P100

Savings Deposit----P100

Membership Fee---P100

Total ------------------P300

Monthly Contribution

Share Capital -------P200

Savings Deposit----P100

Option 2

Share Capital  -------P200

Savings Deposit-----P200

Membership Fee ---P100

Enrollment Fee -----P200

Sunshine Plan ------P100/P110/P135

Total -------------------P800

Monthly COntribution

Share Capital -------P200

Savings Deposit----P200

Sunshine Plan -----P100/P110/P135

Option 3

Share Capital ------P1,000

Savings Deposit---P500

Membership Fee--P100

Enrollment Fee----P200

Sunshine Plan

Sunshine Plan --------P100/P110/P135

Coop Care (MF)------P100

If not a Philhealth Member

I-GROUP -------------P200

Total ------------------P2,200 (minimum)

Monthly Contribution

Share Capital ----------P200

Savings Deposit-------P100

Sunshine Plan --------P100/P110/P135

Coop Care -------------P60

They have also referral programs. INVITE as many FRIENDS as you can and get a P100 cash incentives.

How to JOIN the COOP

Attend Pre-Membership Education Seminar (PMES)

Submit to the branch/satellite duly accomplished Membership Application form with the following requirements.

REQUIREMENTS:

Birth Certificate

Marriage Certificate (if married)

Birth Certificate of Children below 18 yearls old

>2pcs 1x1 ID pictures

>1pc 2x2 ID pictures

>Brgy Clearance.

>Photocopy of valid ID

>Regular Build Up share capital

>Savings Deposit minimum of P100.00 per month

BOD approval of the membership application

Pay the Membership fee of P100

Regular build up capital -minimum of P100 per month.

Savings Deposit - P100.00 per month and Sunshine Plan (Damayan)

Fund (P100.00 or P110 per month plus P15 per parent per month, if biological parents are included.

Pay Coop Care one time Membership fee of P100.00 and annual fee of P720.00 renewable.

LOAN PRODUCTS:

Pretty Cash Loan

Short-Term Loan

Multi-Purpose Loan

Educational Loan

CoopCare Loan

Rice Production Loan (For Maranding Branch-Lanao del Norte)

Back-to-Back Time Deposit

Equipment Loan

Medical Emergency Loan

COSA Real Loan

LEAD

Purchase Order.