The Official Newsletter of the AFPFC Multi-Purpose Cooperative

Vol VI No. 1 April 2018

AFPFC MPC holds ground breaking ceremony

for Main Office, Metrowalk Satellite Office cont. p. 5

The AFPFC MPC Members of the Board of Directors led by Col Edilberto Carniyan (Ret), Chairman of the Board & President, graced the ground breaking ceremony
for AFPFC MPC Main Building at Cubao, Quezon City with Rev. Fr. Benjie Salvacion CHS, Architect John Paul David, Neri Rangel, and Rebecca Cantalejo as guests.

Antonio, Vicencio, Membrere,

Reyes lead 2018 BOD Election

T he General Assembly has chosen Col Felipe P Vi-

cencio (Ret), 2LT Alfredo S Antonio (Ret), and Ms.
Lucia M. Reyes once again to lead the AFPFC MPC as
Members of the Board of Directors following the recently
concluded Annual General Assembly & Elections 2018
held on March 9, 2018.

C apt Danilo A Membrere PN (Ret), former General

Manager of the AFPFC MPC, also successfully ob-
tained a position out of four slots in the BOD and emerged
as the top 4 with the highest number of votes.
cont. p. 3
Newly elected members of the Board of Directors Col Vicencio (Ret), 2LT Antonio (Ret),
Capt Membrere PN (Ret) and Ms Reyes take their oath of office after the culmination of
AFPFC MPC Elections 2018.
22
‘The AFPFC MPC continues to surpass the
previous years’ accomplishments’- Chairman
Col Edilberto P Carniyan (Ret)
President and Chairman of the Board
O n March 9, 2018, the AFPFC Multi-Purpose Co-
operative held its 19th Annual General Assembly
at which the President and Chairman Col Edilberto Carniyan
(Ret) reported the review of key milestones and performance of
the Cooperative from the previous year.
Col Carniyan (Ret) stressed the boost in the Coopera-
tive’s productive performance especially the gain in numbers
in membership, assets, volume of business, and surpluses. He
also emphasized the financial improvements including the in-
crease of 12.08 percent of accumulated assets reaching P3.514B
as compared to 2016 with P3.135B.
The total Net Surplus also hyped to a significant amount
of P242.776M exceeding the performance in 2016 by 17.91 per-
cent. And with a significant stretch of number of members in
2017, the President underscored the 9.6 percent increase from
24,046 in 2016 to the latest number of 26,354 members.
Also, the Chairman highlighted the Interest in Share
Capital for Common Shares at 18.5 percent and Preferred
Shares at 16.5 percent including the interest for Special Savings
Account deposits at 6 percent per annum which ascertains that
the AFPFC MPC is still among one of the best institutions in
the AFP and Defense establishments and Public Safety Sectors
in providing high rate of interest in Share Capital.
M
oreover, the Chairman announced that this 2018,
the Cooperative planned to establish more Sat-
ellite offices in Tarlac, Cotabato, Legazpi, Isabela, and Cav-
ite, and also another office inside Camp Aguinaldo at the
Metrowalk area after the successful establishment of four ad-
ditional Satellite offices last year in Taguig, Pampanga, Cebu,
and Davao. The Cooperative remains consistent in its effort
to reach out and provide members with better products and
services at their convenience through its ongoing efforts to
establish satellite offices in key cities and municipalities in the
country.
F
urther, Col Carniyan also imparted the accomplish-
ments in Corporate Social Responsibility (CSR) as
an initiative to share the blessings of the fruits of success of
the Cooperative to the members and their dependents, AFP
community, charitable institutions, religious groups, and
other civic organizations or associations. This also includes
CSR projects in various forms such as providing livelihood
for Regular Members, conducting medical mission, visitation
and donation, and organizing outreach programs to patients,
students, and indigenous people. The Cooperative believes
that through this action, it strengthens the core function and
values it underpins.
L
astly, the President looked forward to continuing
the creativity, productivity, and innovation AFP-
FC MPC has started to improve and provide better product
packages and services for the benefit of its members.
Chairman
AFPFC MPC UPDATES
EDITORIAL BOARD
Col Edilberto P Carniyan (Ret)
Editor-in-Chief
BGen Lysias C Cabusao (Ret)
Associate Editor
Ma. Angelita S. Nañoz
Editorial Committee Members
2LT Alfredo S Antonio (Ret)
CMS Rodolfo C Cantalejo (Ret)
Azlie Ann L Villahermosa

Coop presents awards to Top Satellite Offices
Ms Sally De Leon representing Zamboanga Satellite office received a Plaque
of Recognition during the AGA 2018 for besting other Satellite offices in year
2017 in terms of loan production and new members.
To give due recognition to outstanding individuals who
contributed largely to the cooperative’s performance for the
year 2017, plaques of recognition and appreciation were given
to Satellite Offices Staff as well as Liaison Officers during the
AFPFC MPC’s Annual General Assembly and Elections held
on March 9, 2018 at Dimalupig Hall, AFP Commissioned Of-
ficers Club, Camp Aguinaldo, Quezon City. Mr Jose Diaz, Ms Lolita Pacao, and Ms
For the first time in AFPFC MPC’s history, Plaques of
Recognition were awarded to the Top 3 Most Productive Sat-
ellite Offices in terms of loan production and new members.
Zamboanga Satellite Office as represented by Ms. Sally De
Leon, outdid 9 other Satellite Offices and was acknowledged
as the Top Satellite Office for 2017 followed by Cagayan de
Oro Satellite and Taguig Satellite Offices. Ms. Anselma Besnar
and Ms. Rachel Mendoza received the award on behalf of CDO
Satellite and Taguig Satellite Office respectively.
Three outstanding Liaison Officers were also honored
at the annual meeting and as expected, 2Lt Valente C De Leon
(Ret) of Zamboanga City, Col Mariano C Tii (Ret) of Cagayan
de Oro, and Maj Isabelo T Tampoco (Ret) of Camarines Sur,
were awarded with Plaques of Appreciation as the Top Perform-
ing Liaison Officers for 2017. Together with the plaques, the
awardees also received corresponding cash incentives.
Yet aside from the Top Performing Liaison Officers for
2017, there were also three recipients of the Most Improved
Liaison Officers based on the total number of new members and
loan production increase namely: Ens Antonio S Marcella (Ret)
of La Union, 2LT Exequiel E Rivera (Ret) of Cebu, and Ms.
Suzette Manalo of Davao.
A Long Service Pin was also awarded to Ms. Ruby Joan
C Aprecio for reaching a milestone of 15 years and 9 months
of dedicated service and loyalty to the AFPFC MPC. The cer-
tain pin is awarded to employees who have reached a decade
or more of service to the cooperative. Aside from the pin, Ms.
Aprecio also received a cash incentive equivalent to the length
of her service.
3
The re-elected members for Audit and Inventory Committee Jose Diaz,
Lolita Pacao and Rosalina Leonor and Bobby Sobrevega of Election Com-
mittee have taken their oath of office on March 12, 2018.
ELECTION RESULTS CONT. from p. 1
Aside from the Members of the Board,
members of Audit and Inventory Committee as
well as Election Committee were also elected
on the same day.
Rosalina Leonor, incumbent committee mem-
bers, retained their positions in the Audit and In-
ventory Committee while Mr. Bobby Sobrevega
unopposedly secured the slot in Election Com-
mittee.
Prior to the election proper, the Chair-
man of Election Committee, Ms Lucita Boado,
opened and introduced the ten (10) candi-
dates vying for the four slots of Board of Direc-
tors, the four candidates for the Audit and In-
ventory Committee members and one for the
Election Committee. from p. 1
The Board of Directors (BOD) are re-
sponsible for providing general policy direction,
formulating strategic development plan and
establishing policies and procedures for the
effective operation of the Cooperative. The
Audit and Inventory Committee members are
responsible for providing internal audit service,
maintaining and keeping the records of au-
dited financial reports to the general assembly,
and serving as the financial consultant to the
Board of Directors, while the Election Commit-
tee is responsible for the conduct of elections
especially the electoral roll and delivering the
results of the elections.
The General Assembly was spearhead-
ed by the Chairman and President of AFPFC
MPC Col Edilberto Carniyan (Ret) as well as the
rest of the Board of Directors.
4
Members lined up to avail the free BP and glucose check-up, and medical
consultation as part of the Medical Mission held during the AGA & Elections
2018 at AFPCOC, CGEA, Quezon City.
AFPFC MPC holds its 19th Annual General
Assembly and Elections
Another AFPFC Multi-Purpose Cooperative General
Assembly and Elections was successfully conducted on March
9, 2018, at Dimalupig Hall, AFP Commissioned Officers Club,
Camp Aguinaldo, Quezon City. Earlier than usual, the regis-
tration started at 0800H to ensure early conclusion of the pro-
gram and election results.
Attended by its growing number of Regular Mem-
bers, the assembly was also graced by the presence of some
distinguished guests from the Cooperative Development
Authority(CDA) namely Legal Officer Atty. Joanne Limpin,
and CDA Specialist, Ma. Flordeliza Mutia-Chu.
Col Felipe Vicencio (Ret) opened the pre-assembly
ceremony with updates on the financial status and resources of
the Cooperative. He also mentioned the Corporate Social Re-
sponsibility that the AFPFC MPC has been doing for years to
help the health-deprived, less privileged, and calamity-strick-
en people or communities.
Afterwards, employees and liaison officers were grant
Ltc Arwin A Payot, Chief of Staff, AFPFC, received the check donation of AFP-
FC MPC on behalf of the Chairman, AFPFC MBAS, as turned over by AFPFC
MPC Chairman & Vice-Chairman. 9, 2018 at AFPCOC, CGEA, Quezon City.
Free head & shoulders massage were also offered during the Medical Mis-
sion in cooperation with I-learn Center of Quezon City.
-ed awards for their outstanding contributions to the suc-
cess of the cooperative. Aside from that, another P100,000.00
check was donated by the AFPFC MPC to AFPFC Mutual Ben-
efit Assistance System (MBAS) and was received by Ltc Arwin
A Payot, Chief of Staff, AFPFC, on behalf of the Chairman,
MBAS.
During the assembly proper, Board Resolutions for
2017 were all promulgated and ratified by the assembly and is-
sues related to finances, operations, and by-laws were raised and
addressed through the majority’s decision. However, the pro-
posed amendment in by-laws of the AFPFC MPC is yet to be
decided as the quorum for such amendment was not reached.
Simultaneously held during the Annual General As-
sembly is the Medical Mission in cooperation with CGEA
Station Hospital. Right at the entrance of the said venue, the
Cooperative also administered the medical consultation, free
massage and imparting of the health kits provided. Participants
who signed up for the medical consultation totaled to 100 while
110 participants availed the free head and shoulders massage.
Regular members willingly exercised their right to vote through the AFPFC
MPC Elections of members of the Board & Committe Members held on March

AFPFC MPC holds ground breaking ceremony...
The AFPFC MPC Members of the BOD , Officers, and employees together
with its guest BGen John Dominic Pulido AFP, Commander, GHQ & HSC dur-
ing the Groundbreaking Ceremony of Metrowalk Satellite Office.
The AFPFC MPC is set for a good year ahead
as it kicked off the 1st Quarter with ground breaking
ceremonies to mark the initiation of construction of
its two major projects for 2018: AFPFC MPC Main Of-
fice Building and Metrowalk Satellite Office.
The groundbreaking ceremony of Metrowalk
Satellite Office was held on January 18, 2018 and
graced by BGen John Dominic P Pulido AFP, Com-
mander, GHQ & HSC, and attended by its architect,
Kristine Joy Dollison, while the Main Building ground-
breaking ceremony was held on March 3, 2018 and
attended by Architect John Paul Arnold David, rep-
resentatives from CAVICERA Builders and Consul-
tancy, and blessed by Rev. Fr Benjie Salvacion CHS,
one of the officiating parish priests at Saint Ignatius
Cathedral, Camp Aguinaldo, Quezon City. operative.
The Metrowalk Satellite Office will soon rise
out of a 140 sqm space in Veterans Center Settle-
ment Commission or now known as Metrowalk Area
of Camp General Emilio Aguinaldo, Quezon City,
to better serve AFP Pensioners and AFPFC MPC
members as it provides easier access from Gate 1 of
Camp Aguinaldo. As planned, the Metrowalk Satel-
lite Office will be the 11th Satellite Office of the AFP-
FC MPC nationwide and the 3rd Satellite in Metro
Manila.
The AFPFC MPC Main Building on the oth-
er hand, is a six-storey project with basement and
commercial spaces to be constructed at the 1,291
sqm land at 18th Avenue corner Bonny Serrano,
Cubao,Quezon City, which will be completed by
2019. With the future building to serve as the main
office, the AFPFC MPC envisions more productivity
in the conveyance of its products and services to its
treasured members.
“This is the initiation of the proper construc-
tion of main building where AFP Finance Center Mul-
ti-Purpose Cooperative will house its main office. This
is also a manifestation of our desire to have our own
5
from p. 1
The Members of Board took turns in sealing off the symbolic time capsule
during the Metrowalk Satellite Office Groundbreaking Ceremony held on
January 18, 2018.
building that we can call The AFP Finance Center
Multi-Purpose Cooperative Main Office,” Chairman
of the Board & President Col Carniyan said.
Both the programs were led by the AFPFC
MPC Chairman and President, Col Edilberto Carni-
yan (Ret), together with Vice Chairman Col Felipe
Vicencio (Ret) and the rest of the Members of the
Board of Directors including MGEN Rizaldo Limoso
AFP, Capt Danilo A Membrere PN (Ret),Col Conra-
do Mendoza (Ret), CMS Desiree Bascon (Ret), 2LT
Alfredo Antonio (Ret), Ms. Lucia Reyes, Ms Minda
Bondoc, Board Secretary CMS Rodolfo C Cantalejo
(Ret),the newly-appointed Acting General Manag-
er Col Vener Espiritu (Ret), and attended by other
officers and employees of the main office of the Co-
The ground breaking ceremony is a tradition-
al rite being conducted to connote the start of a
project. In this case, the AFPFC MPC Board of Direc-
tors conceptualized and initiated the project to es-
tablish the future main building and Satellite Office
of the Cooperative.
As part of the ceremonies, the members of
the Board installed and buried a time capsule that
contained the newspaper of the said date together
with the conceptual plan in the foundation of a new
building to seal off the artifact of the Cooperative’s
milestone for the later generations.
A time capsule symbolizes historic caches of
information usually intended as a method of com-
munication with the future people and to help ar-
chaeologists, anthropologists or historians to identify
the company or people who first occupied the cer-
tain space or area.
The AFPFC MPC was founded in 1989 and for-
mally started its operation in 1992. Since then, the
Cooperative’s main office is located at Col Rosead-
el Ocbina Bldg, Guido St. Camp Aguinaldo Quezon
City.
6
Dahil lodi namin kayo, petmalu ang promo naming handog para sa inyo!
May cash bonus na, may libreng cellphone pa!

Maraming Salamat Po
sa lahat ng mga tumangkilik ng aming
SALUDO SA SUNDALO PROMO !!!
 AFPFC MPC reaches out to
7

the sheltered elderly at

Luwalhati ng Maynila
Part of the significant activities of AFPFC Multi- including toothpaste, toothbrush, alcohol, soap, and
Purpose Cooperative is the advocacy to extend a hand face towels.
to the needy communities and pursue community de-
The Cooperative also prepared and sang two
velopment. The willingness of the Cooperative does not
songs for the elderly, which the latter enjoyed and
only signify its alignment in Cooperative’s Corporate
sang along with. On the other hand, the seniors had
Social Responsibility (CSR) but also its self-imposed in-
also prepared and showcased their talents in singing
itiative in volunteerism and awareness for its members
and dancing to entertain the guests.
and non-members.
Present in the activity were the AFPFC MPC’s
Following the mandate of Cooperatives and its
Board of Directors led by its Oversight Director for
role in social development, CSR is done by any insti-
Internal Affairs, Ms Lucia M Reyes, together with Col
tution to help or contribute to different communities
Conrado T Mendoza (Ret), and Capt Danilo A Mem-
through socio-economic and cultural activities.
brere PN (Ret) who actively participated in the pro-
In light of this, AFPFC MPC conducted commu- gram.
nity service to the neglected 387 elderly that included
meal sponsorship and gift-giving on March 22, 2018, The cooperative has long since engaged in
Friday at Luwalhati ng Maynila, Boys Town Complex, various activities that allow them to initiate and par-
Marikina City. ticipate to make difference to the members and non-
members. The AF`PFC MPC aims to instill happiness by
The program started early afternoon and the
making contribution to different communities from all
Cooperative later provided snacks and hygiene kits
walks of life.
 Announcement!
WE ARE HIRING!

Loan Processor Coop Field Representative

Qualifications:
- Graduate of any 4-year course
- Proactive, keen on details, enthusiastic
- w/ good communication skills
- Willing to be assigned to any of the following
SATELLITE OFFICES:
Qualifications:
- at least college level
- with excellent customer relation skill
and good moral character
- no experience required
- Willing to undergo TRAINing IN any of THE
FOLLOWING areAS:

Cavite Metro Manila

Cotabato Baguio
Isabela Camsur
Tarlac Cebu
Batangas CDO
Davao