• Co-op Resiliency & Sustainable Development

    COOP-NATCCO Rep. Anthony Bravo delivered the following Privilege Speech in Congress last  October 8.   Mr. Speaker, honorable colleagues, I rise today as we again honor our cooperatives across the country for being resilient amidst the growing inflation and other Read More
  • Duterte Meets Leaders on 103rd Year of Philippine Co-ops

    MANILA – President Rodrigo Duterte met with 250 co-op leaders on October 17 in the Malacanang Palace, to hear co-op issues and concerns, and hear proposals on how co-ops and Government can work together to accelerate nation-building.   This is Read More
  • First Movers Ink Contractual Solidarity

    CAGAYAN DE ORO CITY – The NATCCO Network has moved closer to its Vision of becoming an integrated federation of co-ops as eight leaders signed the Contractual Solidarity Agreement.  The simple ceremony is  considered to be the highlight of the Read More
  • Let's Get Digital!

    USAID’s Mamerto Tangonan gave a talk entitled The National Retail Payment System & the Digital Finance Landscape in the Philippines, delivered at the NATCCO Co-op Leaders Congress in Limketkai Luxe Hotel in Cagayan de Oro City for all co-ops to Read More
  • First Co-op Cup Chess Tournament October 21

    Excellent Peoples' MPC and NATCCO Network recently signed an Agreement to hold the first chess tournament for co-ops.   In the spirit of Cooperative Solidarity, the First Co-op Chess Cup Tournament for co-operators is scheduled for October 21 with theme Read More
  • #1coopnation in October!

    Cooperators all over the country are enjoined to celebrate the Cooperative Month this October, culminating in the National Cooperative Day on October 20.    The Cooperative Development Authority (CDA) issued on September 7 Memorandum Circular 2018-2 declaring said date as Read More
  • LANDBANK Lauds Gawad PITAK Awardees

    PASAY CITY -- Leading this year’s roster of winners in LANDBANK’s Gawad sa Pinakatanging Kooperatiba (Gawad PITAK) are two cooperatives that have remained steadfast and consistent in fulfilling their mission of bettering the lives of their members, and growing with the Read More
  • Text Blasting is eKoopBanker’s latest feature

    The NATCCO Information Technology Group is pleased to introduce a newly-launched feature of the NATCCO Network’s eKoopBanker /Plus financial software: TEXT BLAST FACILITY! This is an automated messaging system that can send the following text messages to your members:  • Read More
  • Oro Integrated Reaches for Stars, Deepens Roots

    Founded by 28 co-operators in March 1966 to provide opportunities for vendors, entrepreneurs, self-employed, teachers and farmers, Oro Integrated Cooperative has gone a long way.   OIC had sturdy roots, having co-op champions among its list of founders, such as Read More
  • Kaya is the Way to Go!

    In the UN Sustainable Development Goals 2030, there are two buzz words: “Leave No One Behind!” and a new one, “Reaching the Farthest Behind First”.   I think of the indigenous peoples in the rural areas.  In my village in Read More
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Malabon Central Market Co-op Celebrates 40th

 MALABON CITY – Last September 14, 2017, the Malabon Central Market Development Cooperative (MCMDC) celebrated its Ruby Anniversary with activities throughout the day, which included an early morning mass, free eye check-up, reflexology, medical consultation, and haircuts to members and even non-members.
 
With this, the members recalled the co-op’s beginnings from 40 years ago.
 
It was during Martial Law, in September 1977, four gentlemen - James Roberson (Ka James), Johnny Lorenzo (Ka Johnny), Guillermo Alvarez (Ka Al) of Central Market Development Cooperative, and Arcadio Piamonte (Ka Arcade) of Divisoria Traders Development Cooperatives -- went to Malabon Central Market.  Nicknamed as the “Kuwatro Kantos,” the four met with Ireneo Valera (Ka Noneng) regarding the establishment of a credit cooperative.
 
At the time, there was already an electric cooperative for the entire Malabon Central Market, but it would later go bankrupt.  
 
The four would propose to Ka Noneng resurrecting the co-op, but with a new purpose: savings and credit.  
 
Ka Noneng immediately called for a meeting of the market vendors and start the process of re-establishing the co-op.  The re-organized co-op would be a venue for the market vendors to help one another to increase their capital.
 
For four afternoons from February 20-23, the “Kuwatro Kantos” and the Bureau of Cooperative Development conducted a seminar on cooperativism.  Later, there would be an Organizational Assembly composed of the seminar graduates. They would elect among themselves the leadership and committees of the cooperative.
 
Elected Chairman was Ka Noneng.  The Board and Committee members would state their Oaths on March 5 led by then Mayor Maynardo Espiritu.  The oath taking was witnessed by the “Kuwatro Kantos.”  
 
Just a few days later, the new co-op began operations, and was housed in the office of the Market Master, Mr. Gabriel de Lara or Tata Ambien.
 
Thus was born the first co-op in district: Malabon Central Market Development Cooperative.   The Kwatro Kantos would eventually federate the National Market Vendors Cooperative. 
 
The first General Assembly would be held on February 22, 1978 and raise capital amounting to P28,000.  The Petty Cash Fund amounted to P100.
 
The first award came after just four years in 1981: Best General Assembly Award from NAMVESCO.
 
In 1994, the Dept. of Trade & Industry would give the co-op the Gintong Tala Award, for being the market with the lowest prices for prime commodities.
 
The NAMVESCO would also give the MCMDC its recognition for being the Outstanding Primary of the federation.
 
A second Gintong Tala Award would come from DTI and Planters Bank the following year.
 
Not until 2005 would the City of Malabon give the co-op the “Most Oustanding Cooperative of Malabon.”
 
Also for its advocating sound meat handling and processing practices, the Bureau of Animal Industry and the National Foot and Mouth Disease Task Force gave MCMDC gave the co-op a Plaque of Recognition in 2005.
 
Today, the co-op manages members’ assets amounting to P50.1 Million.  Of the assets, P44 Million is Deposits, while the rest are property.
 
MCMDC  aims for four key result areas: Institution, Economy, Education and Discipline.
 
The Mission is to propagate self-reliance and harnessing members’ power towards the attainment of economic development and social justice.
 
And they will achieve this by fulfilling the universally-accepted Cooperative Principles.
 
 
 

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