BLESSED HOPE LIVELIHOOD COOPERATIVE

APPLICATION FOR ASSOCIATE MEMBERSHIP

I hereby apply for associate membership to the Blessed Hope Livelihood Cooperative

(BHLC). I agree to obey faithfully its rules and regulations as set forth in its Articles of Cooperation and
ByLaws, the decisions of the general membership meetings and those of the Board of Directors.

I hereby agree and undertake to comply with the following, to wit:

1. Attend and finish the prescribed membership education courses.

2. Pay the membership fee of five hundred pesos ( P200.00)

3. To participate in the following savings program:

a. Subscribed for at least _______shares and pay for them either in lump-sum or

installments, under the terms and conditions prescribed in the Membership

Agreement.

b. Contribute in the share capital as provided for in the By-Laws.

4. Comply with the membership and subscription agreement.

For your consideration, I attached hereto my information sheet.

______________________ _________________________________

Date Printed Name & Signature of Applicant

Personal Data:

Name: ____________________________________________ Civil Status: ____________________

Birthplace: ________________________________________ Date of Birth: ___________________

Present Address:___________________________________________________________________

Occupation:________________________________________

Monthly Income:_______________________

Other source/s of Income:_______________________________

Immediate relative____________________________________Relationship:___________________

Number of Dependents: _____________________________________________________________

Mobile #: ________________________________________________________________________

Email Address: ____________________________________________________________________

This application for membership is approved/disapproved by the Board of Directors in its meeting held
on

________________________.

___________________________

Secretary

BLESSED HOPE LIVELIHOOD COOPERATIVE (BHLC)

MEMBERSHIP AND SUBSCRIPTION AGREEMENT

( ASSOCIATE MEMBERSHIP)

______________________

Date

The Board of Directors

BHLC

Gentlemen:

I,____________________________, a resident_______________________________________ hereby

agree to be an associate member of the Blessed Hope Livelihood Cooperative. I have completed the
training course

prescribed for prospective members and I understand the purposes and objectives of this Cooperative.

In connection with such membership, I hereby agree to the following terms and conditions:

1. To comply with the provisions of the Articles of Cooperation, the By-laws and Policies set by the

Board, the General Assembly as well as acts of duly constituted authorities and, failure on my part to
do so, the Cooperative has its option, may fine, suspend or expel me from membership, whereupon all

my shareholdings shall be answerable for my liabilities to the Cooperative

2. To attend all meetings, conferences and seminars as required by the Board of Directors and, failure on

my part to do so, unless previously excused by the Board, to pay the fine which may set by the Board,

and to make up for the activity I have missed.

3. To participate in the capital build-up program by subscribing for at least _______shares valued at

__________ (P____________) and paying for them either in lump-sum or installment through salary

deduction and other program as provided for in the By-Laws. Failure on my part to comply with my

financial obligations shall make me liable in accordance with what the Board will provide.

4. To pay the membership fee of P200.00

5. To comply with the directives of duly constituted authorities as well as the decisions of the Board

regarding the operating policies of the Cooperative.

The provisions of this agreement, the articles of cooperation and by-laws have been explained to me and

understand them and agree to abide with all of them.

In all of the above undertakings, I am aware that the Board of Directors and the cooperative may impose

sanctions against me or perform any acts necessary to make the sanctions effective without going to
court.

In witness hereof, I have affixed my signature this ______day of ___________, 20_____.

____________________________________

Printed Name and Signature of Applicant6