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Kaya Payment Platform used in e-cooptrade.coop

MALATE, MANILA -- Kaya Payment Platform is now one of the payment modes for purchases done at the website e-cooptrade.coop.  The signing of the Memorandum of Understanding by three co-op federations was one of the highlights of the ASEAN Cooperative Business Forum held at the Pan-Pacific Hotel on January 15-16, 2018.

This is a milestone in Philippine co-op history as the three signatory co-op federations were the Philippine Federation of Credit Cooperatives (PFCCO), the NATCCO Network, and the Federation of Peoples Sustainable Development Cooperatives (FPSDC).

Representing PFCCO was Ernan Palabyab, NATCCO Network’s signatory was CEO Sylvia O. Paraguya, and for FPSDC, it was CEO Christine Rowena Plantilla.

FPSDC markets the organic products of agricultural cooperatives in various parts of the country, seeing to it that the farmers are not bound or exploited by unscrupulous traders who buy farm products at low prices, and then sell at high profit.

Products marketed by FPSDC are Organic Rice from agri co-ops in Bicol, Nueva Ecija, and South Cotabato (in red, brown, pink, and black colors); Muscovado Sugar from the sugar canes of Antique and Sultan Kudarat;  Coco Sugar from communities in Misamis Oriental;  Herring or Spanish Sardines from a pioneer community in the South; Nata De Coco from the Southern Tagalog regions; and bags.

The Kaya Payment Platform (KPP) allows co-op members to perform mobile transactions using their smart cellphones.  The KPP, therefore, improves efficiency in the delivery of cooperative financial services to members in keeping with the government’s goal of financial inclusion, especially among farmers and marginalized sectors.

e-cooptrade.coop is the website maintained by the Federation of Sustainable Development Cooperatives (FPSDC) where consumers can perform online purchase of agricultural co-ops.

e-cooptrade.coop is targeted to be the premier cyber marketing hub of the cooperatives in the Philippines for it is a venue for them to buy and sell products online.

e-cooptrade.coop is the brainchild of the tri-partnership of FPSDC, RedRoot Artists Cooperative, and Cooperative Development Authority. The goal of this project is to help boost the competitiveness of cooperatives and community enterprises in the ever-changing global market by adapting to the trend of online presence. The project highlights home-grown & organic products by cooperatives and social enterprises in the Philippines. This alternative and sustainable form of marketplace has the power to advance the local Philippine economy, push rural development, and manifest the capability of cooperatives and community enterprises to work together in providing high-quality, home-grown products in the market.


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