BAGUIO CITY (PIA)–The Cooperative Development Authority-Cordillera (CDA-CAR) continues to provide necessary services to various cooperatives in the region to ensure a competitive and resilient cooperative industry.
CDA-CAR Supervising Cooperative Development Specialist Felicidad Cenon said they continue to provide trainings and technical services to educate and upskill the officers, members, and staff of cooperatives.
She informed that cooperatives can submit a request at their regional office if they want to avail of trainings from the CDA. Cenon, however, clarified that they only cater to micro and small cooperatives, or those with assets of below P 3 million, and P3 to 15M, respectively.
For medium and large cooperatives, or those with assets ranging from P15M to 100M, and more than P100M, they can avail of trainings from accredited training providers.
Mandatory trainings include fundamentals of coop, coop governance, internal control system, financial management, risk management, and credit management.
Cenon underlined that failure to complete the required trainings will lead to the denial of a certificate of compliance, which will then lead to the non-issuance of business permit and the elimination of tax exemptions, among other consequences.
“Nu awan ti training ti maysa nga officer, isu ti han da paka-issue-an iti certificate of compliance, nu saan da a maikkan iti certificate of compliance, saan da a makaala iti business permit, maikkat diyay tax exemption da, isunga kailangan nga i-comply da diyay,” she said.
Based on the data of CDA-CAR in 2022, there are 1,348 primary cooperatives registered in the region, of which 579 are active and compliant while 769 are non-compliant or those under dissolution, liquidation, cancellation, and delisting.
There are at least nine billionaire cooperatives in CAR namely; the Benguet Electric Cooperative, Benguet State University and Community Multipurpose Cooperative, Tabuk Multipurpose Cooperative, Baguio-Benguet Community Credit Cooperative, Abra Diocesan Teachers and Employees MPC, Lagawe Multipurpose Development Cooperative, Treasure Link Cooperative, Lamut Grassroots Savings and Development Cooperative, and Bokod Sulphur Spring Multipurpose Cooperative. **JDP/DEG-PIA CAR
