1. Jo B. Bitonio
Presenter
Cooperative Trainers Training, Lingayen, Pangasinan
Aug. 29-31,2012)

2. The United Nations declares the year 2012 as
the “International Year of Cooperatives” (IYC)
highlighting the contribution of cooperatives to
socio-economic development, and in particular,
recognizing their impact on poverty reduction,
employment generation and social integration.
A/RES/64/13 December 18, 2009

3. cooperatives play an
increasingly important role in
balancing economic, social and
environmental concerns as well
as in contributing to poverty
reduction (ILO, 2008).

5. Selected Statistics
Source: www.cda.gov.ph

6. 7,290,848
2011 Membership Number
Total membership
under RA 9520 7,196,097
Total membership of
newly registered Source:
cooperatives 94,751 www.cda.gov.ph
Total 7,290,848

7. Source: www.cda.gov.ph
2010
2011

8. Philippine Cooperatives’ Standings (2011)
Multi-purpose cooperatives dominated the total number of registered
cooperatives contributing sixty-nine percent (69.29%) of the total. It is
followed by credit cooperatives which comprises almost 11 percent
(10.91%) of the total registered and the remaining almost 20 percent
(19.80%) are distributed among other types (CDA:2011).

9. Capitalization of Cooperatives as of December 2011
% SUBSCRIBED % PAID-UP
CAPITALIZATION
CAPITAL VS. CAPITAL VS.
REGION
AUTHORIZED SUBSCRIBED
AUTHORIZED SUBSCRIBED PAID-UP CAPITAL CAPITAL
I 153,065,600.00 39,582,800.00 10,706,000.00 25.86% 27.05%
II 97,062,000.00 31,260,400.00 10,082,610.00 32.21% 32.25%
CAR 89,279,600.00 23,475,800.00 6,675,600.00 26.29% 28.44%
III 167,599,600.00 44,740,300.00 11,214,950.00 26.69% 25.07%
NCR 569,815,542.56 158,174,003.57 56,630,058.39 27.76% 35.80%
IV 345,156,280.00 115,851,620.00 43,191,230.00 33.56% 37.28%
V 61,310,400.00 16,406,600.00 4,612,350.00 26.76% 28.11%
VI 86,092,400.00 21,955,600.00 5,948,175.00 25.50% 27.09%
VII 109,688,000.00 27,505,400.00 8,217,050.00 25.08% 29.87%
VIII 25,718,400.00 7,798,000.00 3,117,150.00 30.32% 39.97%
IX 45,100,000.00 11,754,100.00 4,508,201.12 26.06% 38.35%
X 79,999,680.00 25,533,320.00 10,125,643.45 31.92% 39.66%
XI 137,872,200.00 38,596,550.00 11,238,062.50 27.99% 29.12%
XII 130,432,434.56 37,655,100.00 9,941,650.00 28.87% 26.40%
CARAGA 76,251,600.00 20,434,500.00 5,274,475.00 26.80% 25.81%
ARMM 89,133,600.00 22,283,400.00 5,570,850.00 25.00% 25.00%
CENTRAL OFFICE 129,700,000.00 34,148,000.00 13,004,200.00 26.33% 38.08%
TOTAL 2,393,277,337.12 677,155,493.57 220,058,255.46 28.29% 32.50%

10. Assets of Cooperatives per Category: Micro, Small, Medium and large
As of December 2011
MICRO COOPERATIVES SMALL COOPERATIVES MEDIUM COOPERATIVES LARGE COOPERATIVES
MORE THANK 15 MILLION UP TO 100 GRAND TOTAL
3 MILLION AND BELOW MORE THAN 3 MILLION UP TO 15 MILLION MORE THAN 100 MILLION
REGION MILLION
NO. OF NO. OF NO. OF NO. OF NO. OF
AMOUNT OF ASSETS AMOUNT OF ASSETS AMOUNT OF ASSETS AMOUNT OF ASSETS AMOUNT OF ASSETS
COOPS COOPS COOPS COOPS COOPS
I 1,110 614,564,086.55 115 766,871,820.38 34 1,119,569,069.50 10 1,816,890,100.81 1,269 4,317,895,077.24
II 563 312,521,070.13 119 656,964,042.20 65 2,354,208,415.65 8 1,361,085,998.50 755 4,684,779,526.47
CAR 516 361,045,477.66 132 793,119,932.74 49 2,386,753,427.99 14 3,873,773,417.63 711 7,414,692,256.02
III 1,575 756,218,206.21 283 2,129,131,826.68 120 3,372,064,816.52 27 6,053,315,101.54 2,005 12,310,729,950.94
NCR 1,409 833,332,294.12 386 2,933,017,981.47 275 10,445,709,397.30 59 41,341,763,058.38 2,129 55,553,822,731.27
IV 1,839 1,080,820,953.61 402 2,795,328,746.61 177 6,600,994,561.86 32 9,934,540,331.75 2,450 20,411,684,593.83
V 632 354,276,872.17 118 786,224,781.40 38 1,203,504,467.32 5 535,701,787.95 793 2,879,707,908.84
VI 946 571,267,701.80 248 1,803,329,686.95 125 4,610,029,937.04 13 2,166,805,856.52 1,332 9,151,433,182.31
VII 1,037 791,743,579.59 367 2,173,618,599.13 91 3,146,799,652.99 28 9,998,111,699.99 1,523 16,110,273,531.69
VIII 499 311,735,000.12 106 725,183,189.66 51 1,873,083,902.23 10 2,425,126,717.27 666 5,335,128,809.28
IX 589 359,109,438.88 92 646,668,782.41 53 1,991,088,009.20 7 2,276,952,434.28 741 5,273,818,664.78
X 1,091 672,025,214.54 264 1,601,314,375.40 66 2,474,470,997.39 17 8,695,163,482.13 1,438 13,442,974,069.45
XI 1,174 768,240,890.01 349 2,014,722,180.87 90 3,538,952,429.16 40 11,335,320,078.27 1,653 17,657,235,578.31
XII 718 409,714,840.73 192 1,358,562,971.99 81 2,805,471,084.02 15 3,955,740,114.77 1,006 8,529,489,011.51
CARAGA 836 452,732,726.60 148 997,648,614.60 55 1,724,170,103.03 3 472,739,506.59 1,042 3,647,290,950.81
ARMM 1,157 253,611,781.27 37 262,785,253.68 10 398,091,218.15 10 2,277,206,166.84 1,214 3,191,694,419.94
CENTRAL OFFICE 3 - 2 20,541,556.18 21 1,153,596,343.78 39 18,753,476,644.37 65 19,927,614,544.33
TOTAL 15,694 8,902,960,133.99 3,360 22,465,034,342.33 1,401 51,198,557,833.13 337 127,273,712,497.58 20,792 209,840,264,807.02
Of the 20,792 total registered cooperatives, the total In 2011, approximately 5.71% of Medium-Size
cooperative assets amounted to 209.8 Billion Pesos as Cooperatives have advanced into Large
of Dec. 31, 2011, 60.7% of which large cooperatives Cooperatives, 6.01 of Small-Size Cooperatives
assets, 24.4% are assets of medium cooperatives, have advanced into Medium-Size Cooperatives,
10.71% from small cooperatives, and 4.24% from micro- and 2.84 % of Micro-size Cooperatives have
cooperatives. advanced into Small-sized Cooperatives.

11. NUMBER OF REGISTERED COOPERATIVES BY TOTAL ASSETS COOPERATIVES BY CATEGORY
CATEGORY (In million Pesos)
As of December 31, 2011 January 1 – December 31, 2011
In terms of enterprise category, the relationship 75.48% of the total registered cooperatives are
between the number of cooperatives and the total categorized as micro-enterprise, 16.16% are
assets is inversely proportional. categorized as small-enterprise, 6.74% are
categorized as medium-enterprise and only 1.62%
The average asset of a micro cooperative is Php categorized as large-enterprise
567,284, Small cooperatives have an average asset
of PhP 6.7 million, medium cooperatives have an
average asset of PhP 36.5 million, and large
cooperatives have an average asset of PhP 378
million.

12. TOTAL NO. OF REGISTERED
TOTAL NO. OF PERSONS
AVERAGE NO. OF
TOTAL INDIRECT EMPLOYMENT GENERATED BY COOPERATIVES
REGION COOPERATIVES
DIRECTLY EMPLOYED BY
EMPLOYEES PER
EMPLOYMENT By Region
COOPERATIVES GENERATED BY FY 2011
COOPERATIVE
COOPERATIVES
As of December 31, 2011 As of December 31, 2011
I 1,274 8,086 6.35 5,676
II 761 5,532 7.27 3,883
CAR 714 2,827 3.96 1,985
III 2,012 17,377 8.64 12,199
NCR 2,137 21,359 9.99 14,994
IV 2,457 20,077 8.17 14,094
V 797 4,784 6.00 3,358
VI 1,336 8,888 6.65 6,239
VII 1,529 20,342 13.30 14,280
VIII 668 5,238 7.84 3,677
IX 743 7,819 10.52 5,489
X 1,443 26,350 18.26 18,498
XI 1,654 19,883 12.02 13,958
XII 1,007 10,382 10.31 7,288
CARAGA 1,046 6,622 6.33 4,649
ARMM 1,214 15,659 12.90 10,993
TOTAL 20,792 201,225 9.68 141,260
Cooperatives generated a total of 201,225 direct employment in 2010. Using the Sector Inverse Matrix (Input-
Output Table) provided by the National Statistical Coordination Board (NSCB), a total of 141,260 indirect
employment was derived.

13. 2010 COOPERATIVE CONTRIBUTION TO GROSS REGIONAL DOMESTIC PRODUCT
By Region
(At Constant 2000 Prices
2010 COOPERATIVE REGIONAL
DOMESTIC PRODUCT
REGION
At Constant 2000 Prices
(In Thousand Pesos)
I 5,844,069,063
II 6,852,736,673
CAR 3,723,002,219
III 25,250,930,927
NCR 28,948,699,349
IV 39,561,978,042
V 5,120,219,889
VI 54,085,393,226
VII 21,672,533,939
VIII 2,822,362,731
IX 5,043,835,834
X 26,054,642,104
XI 37,821,645,490
XII 6,233,920,984
CARAGA 4,748,640,369
ARMM 7,080,600,003
TOTAL 280,865,210,840.29
The entire cooperative sector in the Philippines contributed
P 280,865,210,840.29 or 3.12% to the 2010 Gross Domestic Product.

14. Reasons for Failure of Cooperatives
 incompetent management
 lack of proper understanding of coop  political interference
objectives, principles, and practices especially in the collection of
 improper use of loan proceeds unpaid loans
 defective securities and collaterals  poor supervision
 inadequate compensation of officers  inadequate support from the
 unscrupulous officers’ granting of big loans to government, NGOs, etc
themselves;  competition from established
 dominance of individual attitude instead of businesses and vested
the spirit of cooperation interests
 inadequate capital and lack of knowledge in
marketing Source: Sibal (1998)
 absence of substantial legal support
 insufficient volume of business

15. The Ilocos region or
Region I is a Region of
the Philippines and is
located in the northwest Source: CDA DEO MIS Aug. 2012
of Luzon. It borders to the
east the regions of the
Cordillera Administrative
Region and Cagayan
Valley and to the south
the region of Central
Luzon. Wikipedia

16. LIST OF MILLIONAIRE COOPERATIVES
As of August 28, 2012 (Based on CAPR 2011)
PAID-UP
PROVINCE SIZE TOTAL ASSETS
COOPERATIVE NAME CAPITAL
1 Tubao Credit Cooperative La Union Large 210,891,651.66 629,920,161.14
2 Sta. Cruz Savings and Development Cooperative Ilocos Sur Large 111,765,990.64 633,668,133.22
3 Lingayen Catholic Credit Cooperative Pangasinan Large 110,140,612.13 233,481,228.38
Government of Laoag Employees Development
4 Ilocos Norte
Coooperative Large 75,280,000.00 248,502,648.97
5 Pangasinan State University Multi Purpose Cooperative Pangasinan Medium 40,805,480.00 57,574,191.00
6 Fatima (Vigan) Multi Purpose Cooperative Ilocos Sur Medium 37,250,361.00 102,752,263.00
7 San Joaquin Multi Purpose Cooperative Ilocos Norte Medium 20,859,162.00 101,149,055.00
8 Suyo Multi Purpose Cooperative Ilocos Sur Medium 18,717,009.05 109,546,647.05
9 Sto. Domingo Development Cooperative Ilocos Sur
LIST OF MILLIONAIRE COOPERATIVES Medium 15,787,902.93 44,689,021.58
REGION I
Mangaldan National High School Faculty, Employees
10
and Retirees Multipurpose Cooperative 28, 2012
As of August Pangasinan Medium 12,455,344.59 23,729,384.72
11 (Based on CAPR 2011)
Coliling Farmers' Savings & Credit Cooperative Pangasinan Large 11,712,220.00 115,285,660.00
12 Sugpon Multi-Purpose Cooperative Ilocos Sur Medium 11,660,735.00 33,960,315.00
13 United Primary Multi Purpose Cooperative Pangasinan Medium 10,985,717.93 27,968,857.99
14 Alilem Multi Purpose Cooperative Ilocos Sur Medium 10,915,131.41 41,783,610.06
Ilocos Sur Cooperative Medical Mission Group &
15
Hospital Ilocos Sur Small 10,668,554.00 22,954,795.00
16 Saranay Multipurpose Cooperative La Union Medium 10,642,044.82 15,914,523.07
17 La Union Ladies Multi Purpose Cooperative La Union Medium 10,163,000.00 34,377,899.91
18 Alaminos Savings and Credit Cooperative Pangasinan Medium 9,302,598.18 20,008,128.00
19 SRPC Employees' Multi Purpose Cooperative Pangasinan Small 9,083,772.49 11,139,594.08
20 Tagudin Multi Purpose Cooperative Ilocos Sur Medium 8,882,236.85 40,110,751.25

17. LIST OF MILLIONAIRE COOPERATIVES
As of August 28, 2012 (Based on CAPR 2011)
PAID-UP TOTAL
MUNICIPALITY SIZE
CAPITAL ASSETS
COOPERATIVE NAME
1 Lingayen Catholic Credit Cooperative ADDRESS Lingayen
MUNICIPALITY Large TYPE
PROVINCE 110,140,612.13 233,481,228.38
SIZE
PAID-UP TOTAL
COOPERATIVE NAME CAPITAL ASSETS
2 Pangasinan Cooperative
1 Lingayen Catholic Credit State University Multi Purpose Cooperative
Epiphany Of Our Lord Parish Lingayen
Lingayen Micro
Pangasinan Credit 40,805,480.00 57,574,191.00
Large 110,140,612.13 233,481,228.38
2 Pangasinan State University Multi Purpose Cooperative Alvear St. Lingayen Pangasinan Multi-Purpose Micro 40,805,480.00 57,574,191.00
3 Mangaldan National High School Faculty, Employees and P.de Guzman St.
3 MangaldanCooperative High School Faculty, Employees
Retirees Multipurpose National and Mangaldan Pangasinan Multi-Purpose Medium 12,455,344.59 23,729,384.72
Retirees Multipurpose Cooperative Brgy. Coliling
4 Coliling Farmers' Savings & Credit Cooperative Mangaldan Medium
San Carlos City Pangasinan Credit 12,455,344.59 23,729,384.72
Large 11,712,220.00 115,285,660.00
5 United Primary Multi Purpose Cooperative Solis St.
4 Coliling Farmers' Savings & Credit Cooperative
Lingayen Pangasinan Multi-Purpose Medium
San Carlos City Large
10,985,717.93 27,968,857.99
11,712,220.00 115,285,660.00
6 Alaminos Savings and Credit Cooperative 103b Magsaysay Alaminos City Pangasinan Credit Medium 9,302,598.18 20,008,128.00
75 United Primary Multi Purpose Cooperative Roque Brgy. San Lingayen Pangasinan Multi-Purpose
Medium 10,985,717.93 27,968,857.99
Small 9,083,772.49 11,139,594.08
SRPC Employees' Multi Purpose Cooperative San Manuel
6 Alaminos Savings and Credit Cooperative
8 Integrated Small Fishpond Owners and Lessees Multi Mc Arthur Highway, Biec Duyao
Purpose Cooperative Alaminos City
Binmaley Medium
Pangasinan Multi-Purpose 9,302,598.18 20,008,128.00
Medium 7,966,535.60 26,929,158.10
9 San Carlos City Teachers Savings and Credit Cooperative Division Office Comp. Roxas, Blvd. San Carlos City Pangasinan Credit
7 SRPC Employees' Multi Purpose Cooperative Small
San ManuelPangasinan Multi-Purpose 9,083,772.49 11,139,594.08
Medium 7,965,600.00 25,044,131.74
10 St. Rose of Lima Parish Multi Purpose Cooperative Domalandan Center Lingayen Small 6,300,022.02 11,696,449.40
11 CENPELCO Employees Cooperative Padilla St. San Carlos City Pangasinan Multi-Purpose Small 5,959,600.00 7,535,953.56
8 Integrated Small Fishpond Owners and Lessees Multi
Purpose Cooperative Binmaley Medium 7,966,535.60 26,929,158.10
9 San Carlos City Teachers Savings and Credit Cooperative San Carlos City Medium 7,965,600.00 25,044,131.74
10 St. Rose of Lima Parish Multi Purpose Cooperative Lingayen Small 6,300,022.02 11,696,449.40
11 CENPELCO Employees Cooperative San Carlos City Small 5,959,600.00 7,535,953.56

18. LIST OF MILLIONAIRE COOPERATIVES
As of August 28, 2012 (Based on CAPR 2011)
COOPERATIVE NAME MUNICIPALITY SIZE PAID-UP CAPITAL TOTAL ASSETS
1 Tubao Credit Cooperative Tubao Large 210,891,651.66 629,920,161.14
2 Saranay Multipurpose Cooperative San Fernando City Medium 10,642,044.82 15,914,523.07
3 La Union Ladies Multi Purpose Cooperative Agoo Medium 10,163,000.00 34,377,899.91
4 Damayan at Tulungan sa Isa't Isa Multi
Purpose Cooperative San Fernando City Small 6,862,100.00 13,642,196.60
5 LUELCO Employees Multi Purpose Aringay
Cooperative Small 5,020,100.00 12,238,654.55
6 Sugpunan Ti La Union Credit Cooperative San Fernando City Medium 4,650,164.02 23,225,433.53
7 Emancipators Multi Purpose Cooperative San Fernando City Small 3,717,565.83 6,670,956.75
8 Anduyan Multipurpose Cooperative Tubao Small 3,071,000.00 7,810,460.23
9 La Union Tobacco Growers Multi Purpose Bauang
Cooperative Small 2,485,545.71 3,989,761.88
10 BNHS Provider Multi Purpose Cooperative, Bacnotan
Inc. Small 2,432,656.89 5,120,428.81

19. LIST OF MILLIONAIRE COOPERATIVES
As of August 28, 2012 (Based on CAPR 2011)
PAID-UP
MUNICIPALITY SIZE TOTAL ASSETS
CAPITAL
COOPERATIVE NAME
1 Sta. Cruz Savings and Development Cooperative Santa Cruz Large 111,765,990.64 633,668,133.22
2 Fatima (Vigan) Multi Purpose Cooperative Vigan City Medium 37,250,361.00 102,752,263.00
3 Suyo Multi Purpose Cooperative Suyo Medium 18,717,009.05 109,546,647.05
4 Sto. Domingo Development Cooperative Santo Domingo Medium 15,787,902.93 44,689,021.58
5 Sugpon Multi-Purpose Cooperative Sugpon Medium 11,660,735.00 33,960,315.00
6 Alilem Multi Purpose Cooperative Alilem Medium 10,915,131.41 41,783,610.06
7 Ilocos Sur Cooperative Medical Mission Group &
Hospital Vigan City Small 10,668,554.00 22,954,795.00
8 Tagudin Multi Purpose Cooperative Tagudin Medium 8,882,236.85 40,110,751.25
9 Ilocos Sur Upland Developers' Cooperative Lidlidda Medium 7,091,921.19 56,544,456.21
10 Ilocos Sur National High School Multi Purpose
Cooperative Vigan City Micro 3,599,599.03 4,472,364.12

20. LIST OF MILLIONAIRE COOPERATIVES
As of August 28, 2012 (Based on CAPR 2011)
PAID-UP
MUNICIPALITY SIZE TOTAL ASSETS
COOPERATIVE NAME CAPITAL
Government of Laoag Employees
1 Laoag City
Development Coooperative Large 75,280,000.00 248,502,648.97
2 San Joaquin Multi Purpose Cooperative Sarrat Medium 20,859,162.00 101,149,055.00
3 MMSU Development Cooperative Inc. Laoag City Medium 7,222,837.38 18,762,046.95
Ilocos Norte College of Arts and Trades Multi Laoag City
4
Purpose Cooperative Medium 5,388,297.88 28,152,177.54
Solsona Employees Multi Purpose
5 Solsona
Cooperative Small 3,175,385.47 3,232,088.27
6 DWCL Multi-Purpose Cooperative, Inc. Laoag City Micro 1,192,963.43 685,293.74

22. ART. 23. Type and Categories of Cooperatives.
– (1) Types of Cooperatives – Cooperatives may
fall under any of the following types:
Tubao Credit Cooperative "(a) Credit Cooperative is one
that promotes and undertakes
savings and lending services
among its members. It
generates a common pool of
funds in order to provide
financial assistance to its
members for productive and
provident purposes;

23. "(b) Consumers Cooperative is one of
the primary purpose of which is to
procure and distribute commodities
to members and non-members

24. "(c) Producers Cooperative is one that
undertakes joint production whether
agricultural or industrial. It is formed and
operated by its members to undertake the
production and processing of raw
materials or goods produced by its
members into finished or processed
products for sale by the cooperative to its
members and non-members. Any end
product or its derivative arising from the
raw materials produced by its members,
sold in the name and for the account of
the cooperative, shall be deemed a
product of the cooperative and its
members;

25. d) Marketing
Cooperative is one
which engages in the
supply of production
inputs to members
and markets their
products

26. "(e) Service Cooperative is one
which engages in medical and
dental care, hospitalization,
transportation, insurance, housing,
labor, electric light and power,
communication, professional and
other services;
Community Health & Development
Cooperative Hospital (CHDCH) |

27. "(f) Multipurpose Cooperative is
one which combines two (2) or
more of the business activities of
these different types of
cooperatives;

28. "(g) Advocacy Cooperative is a
primary cooperative which
promotes and advocates
cooperativism among its members
and the public through socially-
oriented projects, education and
training, research and
communication, and other similar
activities to reach out to its
intended beneficiaries;

29. Agrarian Reform
Cooperative is one organized
by marginal farmers majority of which are
agrarian reform beneficiaries for the purpose
of developing an appropriate system of land
tenure, land development, land consolidation
or land management in areas covered by
agrarian reform

30. i) Cooperative Bank is one
organized for the primary
purpose of providing a wide
range of financial services to
cooperatives and their
members;

31. j) Dairy Cooperative is one
whose members are engaged
in the production of fresh milk
which may be processed
and/or marketed as dairy produced by the Federation of Davao Dairy
products;

32. "(k) Education Cooperative is one
organized for the primary purpose
of owning and operating licensed
educational institutions
notwithstanding the provisions of
Republic Act No. 9155, otherwise
known as the Governance of Basic
Education Act of 2001;
Cebu City Community School

33. "(l) Electric Cooperative is one
organized for the primary
purposed of undertaking power
generations, utilizing renewable
energy sources, including hybrid
systems, acquisition and operation
of sub transmission or distribution
to its household members;

34. Financial Service
"(m)
Cooperative is one organized for the
primary purpose of engaging in savings and
credit services and other financial services;

35. "(n)Fishermen Cooperative is one
organized by marginalized fishermen in localities whose products
are marketed either as fresh or processed products;

36. Health Services
"(o)
Cooperative is one organized
for the primary purpose of providing medical,
dental and other health services;

37. Housing
"(p)
Cooperative is one organized to
assist or provide access to housing for the benefit of
its regular members who actively participate in the
savings program for housing. It is co-owned and
controlled by its members;

38. "(q)Insurance Cooperative is
one engaged in the business of insuring life
and poverty of cooperatives and their
members;

39. Transport
"(r)
Biliran Philippines
Transport
Cooperative
Cooperative is one which
includes land and sea transportation, limited
to small vessels, as defined or classified under
the Philippine maritime laws, organized under
the provisions of this Code;
Negros Air
Transport
Cooperative
Transport Workers Alliance The Caticlan Boracay
Services Cooperative Transport Multi-Purpose
Cooperative

40. Water Service
"(s)
Cooperative is one
organized to own, operate and
manage waters systems for the
provision and distribution of
potable water for its members and
their households;

41. Workers Cooperative
"(t) is one
organized by workers, including the self-employed,
who are at same time the members and owners of the
enterprise. Its principal purpose is to provide
employment and business opportunities to its
members and manage it in accordance with
cooperative principles

42. Other types of
"(u)
cooperative as
may be determined by
the Authority.

43. Reference:
RA 9520
www.cda.gov.ph