ECONOMIC SURVEY

OF

SAN ISIDRO LABRADOR CONSUMER COOPERATIVE

I. GENERAL INFORMATION

A. Type of Cooperative: Consumer Cooperative

B. Office Address of Cooperative: Brgy. Muzon, City of San Jose del Monte, Bulacan

C. Area of Operation: Barangay Muzon

D. Common Bond of Membership: Institutional

E. Composition of Members: Parishioners and Residents of the city who are Catholics.

F. No. of Founding/Organizing Members: 15

G. Projected Increase of Membership for:

First Year : 150
Second Year : 200
Third Year : 300

II. STRATEGICAL OPERATIONAL STUDIES

A. Economic Aspect

1. Are there any other existing cooperative/s within your proposed area of operation that provide the same
goods/services which the cooperative plans to offer? If yes, please state the name/s of such cooperative/s: None

2. Strategies that the cooperative shall implement to ensure the support of the members
a. Collective purchases
b. Commitment on lending policies
c. Active participation in cooperative affairs

3. Business activities the Cooperative plans to undertake during the first three years of its operation:
First Year : Consumer
Second Year : Lending
Third Year : Expansion of Services

B. Financial Aspect

1. Capitalization
a. In pursuing its economic activities, the Cooperative shall generate its capital through:
- Share Capital Subscription
- Acquisition of Loans/borrowings
- Solicitation/acceptance of donations, subsidies, grants, etc.
- Fund raising activities

b. How much is the Cooperative’s initial operating capital? PhP32,400.00

d. Strategies for internal capital build-up.

- Deferment of payment of patronage refund and interest on capital
- At least 20% of his annual interest on capital and patronage refund
- At least 10% of each good/service acquired by him

2. Revenue
Projected revenue based on the initial operating capital.
First Year : PhP 250,000.00
Second Year : PhP 300,000.00
Third Year : PhP 350,000.00

3. Expenditure
How much is the estimated expenses, for:
First Year : PhP 200,000.00
Second Year : PhP 250,000.00
Third Year : PhP 300,000.00

4. Investments
The Cooperative shall intend to invest in the following:
Cooperative bank
Federation
Insurance

C. Technical Aspect

1. Equipment/machineries/facilities are deemed necessary for the effective and efficient operation of the
Cooperative
a. Computer
 2

b. Tables
c. Chairs
d. Calculator
e. Filing Cabinet

2. The cooperative shall procure its equipments/machineries/facilities thru donations and cash purchases.

3. Skills/experiences/trainings that are deemed necessary for the operation of equipments/machineries/facilities.

a. Computer literate
b. Simple Accounting Skills

D. Organizational Structure

1. What qualifications/skills the Board of Directors should possess to enable them to formulate sound policies,
strategies and guidelines which would ensure the success of the Cooperative?
- Bachelor’s Degree with managerial skills and experiences.

2.For its initial operations, who among the following officers/employees should be hired by the Cooperative
STATUS OF MINIMUM EDUCATION MONTHLY
POSITION
APPOINTMENT EXPERIENCE/TRAINING COMPENSATION
Manager Volunteer College Graduate/Bookkeeper Allowance
Accountant Volunteer C.P.A. Allowance
Bookkeeper Volunteer With accounting knowledge Allowance
Cashier Volunteer With accounting knowledge Allowance
Collector Volunteer High School Graduate Allowance
Sales Clerk Volunteer High School Graduate Allowance

3. What are the Cooperative’s education programs for:

a) Members Basic Information on Cooperative
Ownership Seminar
Pre-Membership Education Seminar

b) Officers Seminar on Strategic Planning and Bugetting

Powers, Duties and Responsibilities
Management Seminar
Implementing Rules and Regulations on R.A. 9520

c) Staff Management Seminar

Accounting or Non-Accountants

4. Who are the Chairmen and members of the following committees?

a) Audit Chairperson Ana D. Sucgang
Vice-Chairperson Jona Yap
Secretary Nene Gugulan
b) Election Chairperson Cita Payson
Vice-Chairperson Elita Baby Cahilig
Secretary Elizabeth Valerio
c) Education & Training
Chairperson Nicolyn Espouras
Vice-Chairperson Susan Paoios
Secretary Lina Pamarlan
d) Conciliation Chairperson Simeona Valerio
Vice-Chairperson Gloria Abris
Secretary Godofredo E Efre

e) Ethics Chairperson Luzette Estrella

Vice-Chairperson Luz Marzan
Secretary Corazon Pineda

We, the Founding Board of Directors, hereby certify that the foregoing Economic Survey was prepared in
accordance with the facts, information and other data we believed vital to the success of the initial operations of the
Cooperative.

By:

REV. FR. ALEJANDRO ENRIQUEZ

Chairperson