Narrative Report:

TNHS Alay Kapwa Multi-Purpose Cooperative

The Tabaco National High School Alay Kapwa MP Cooperative had a simple beginning
in 1972, a brainchild of Ms. Leticia B. Firaza imbued with a desire to organize an association of
teachers with a common bond of interest to help teachers financially.

Its vision is to work towards the promotion and upliftment of the social and economic
well-being of members through monetary and non-monetary assistance on the spirit of
cooperativism. While its mission is to provide assistance to members, support Department of
Education and school based programs, and maintain linkages with the community.

The initial capital of Alay Kapwa Multi-Purpose Cooperative came from Ms. Gloria
Brondial, Mrs. Remedios de Jesus, Ms. Leticia Cruel, Mrs. Emman Collantes and Ms. Leticia B.
Firaza, the latter as the initiatior who became later the overseer of the association. The raised
amount was offered for short-term loan with a minimal interest computed on diminishing
balance. When Ms. Gloria Brondial became the principal in 1979, she encouraged teachers to
become members and turned over a portion of the school canteen to the Alay Association
managed by Leticia Firaza. At the end of the school year, the earnings of the association was
divided among the members.

In 1993, the organization was registered as Tabaco National Alay Kapwa Multi-purpose
Cooperative with P 28,000.00 as a paid-up capital, P 112,000.00 as subscribed with authorized
capital of P 448,000.00. It started with 56 members upon registration. Now it has 223 members
(Teaching, Non-Teaching Personnel and Retirees.

With Mrs. Fe Ll. Rebancos as Principal in 1995, the Cooperative gained its momentum
as it became the center of the entrepreneurial activity in the school. Offering programs and
services like Hod Dispersal, Adopt-a-Child, Tipid Movement, Christmas Cheers to indigents,
Food Services, Laboratory of Food Services and Management students (canteen), Financial
Assistance to cooperative members and non-members, canteen personnel, Assistance to
school projects, Loan services and so much more.

Through sheer hard work and honest management at present the Cooperative is worth
P 8,648,149.62.