DESCRIPTION OF PROJECTS
The National Confederation of Cooperatives (NATCCO) has made part of its mission to provide Overseas Filipinos and their families the technical skills and tools to improve their economic security through the cooperative system.
NATCCO Network has partnered with private institutions and non-government agencies to implement two financial literacy, savings, and wealth-building programs tailor-made to respond to the unique needs of the OFs and their families.
The first partnership is with Access Advisory and the International Fund for Agricultural Development (IFAD), which has established the Regional Program for Remittances and Diaspora Investment for Rural Development with Cooperatives Project (RPDICP) to provide financial education, enhanced savings, investment products, and services to Filipino migrant workers in South Korea and Malaysia and their families. The program also aims to provide access to secured savings and investment products in the Philippines, and to share successful models for channeling Diaspora capital towards rural economic activities.
Government agencies such as the Department of Labor and Employment (DOLE), DOLE National Reintegration Center for OFWs (NRCO), the Commission on Filipinos Overseas (CFO), Bangko Sentral ng Pilipinas (BSP), and the Cooperative Development Authority (CDA) are giving their full support to the members. With this, Diaspora trainings and seminars are opportunities to connect, create unified communities, share experiences, and answer the financial concerns of Overseas Filipinos.
Ateneo Leadership and Social Entrepreneurship (ALSE) Program
NATCCO has also partnered with the Ateneo School of Government (ASoG), the Overseas Filipinos Society for the Promotion of Economic Security (OFSPES), the Social Enterprise Development Partnerships, Inc. (SEDPI), and UGAT Foundation, in handling the Ateneo Leadership & Social Entrepreneurship Consortium on Migration and Development (ALSE) program wherein participants undergo a 6-month training period designed to empower migrant workers and their families on leadership, financial literacy and social entrepreneurship. Once enrollees have completed their training, NATCCO links and assists the graduates to the cooperative members located near their hometown.
Migrant workers are empowered to view themselves as agents of change and transformation, consciously contributing to nation building. The financial literacy education can be used by enrollees to improve their economic security, particularly for retirement or reintegration into the Philippines; while the entrepreneurial education, focusing on social entrepreneurship, can succor migrant workers in exploring other options for livelihood.
As of June 2017, ALSE program has graduated 1,444 Filipino migrant workers from Belgium, France, Hong Kong, Italy, Macau, Netherlands, Singapore, Spain and United Arab Emirates. The two programs continuously grow, aiding not just the members and migrant workers, but also their families, and the community in which the partner cooperative is located.
If you would like to become part of the cooperative community, check out our list of cooperative partners below and download their application form. You may then e-mail it to your chosen cooperative, or send it to us through the contact details listed below. Please make sure you include all your contact details for easier communication.