Cooperatives in the Philippines | Agricultural & Multi-purpose Cooperative
Agricultural Cooperatives: Catalysts for Community Empowerment
Overview of Agricultural Cooperatives
- The Palas Agriculture Cooperative began as a small initiative to support farmers and livestock raisers, starting with limited membership and resources.
- Established on July 12, the cooperative has evolved over seven years, receiving assistance from the government through the Department of Agriculture and local municipal offices.
- The cooperative offers low-interest loans to its members, enhancing their financial stability and agricultural productivity.
Impact of Western Mindanao Multipurpose Cooperative
- Since its establishment in 1992, the Western Mindanao Multipurpose Cooperative has served as a significant driver of economic growth, impacting over 100,000 members.