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Articles of Cooperation of Weducare Advocacy Cooperative: Advocacycooperative
Articles of Cooperation of Weducare Advocacy Cooperative: Advocacycooperative
of
wEDUCare Advocacy Cooperative
We, the undersigned Filipino citizens, of legal age and residents of the
Philippines, with a firm collective intent, have come together to organize
voluntarily an Advocacy Cooperative to advance what we believe is our
inherent right, under the laws of the Republic of the Philippines.
Article I
Name of the Cooperative
Article II
Purposes
That the purposes for which this Cooperative is organized are to engage
in:
1. Serving students as a vehicle to cater their needs in terms of financial aid
of their academic concerns;
Article III
Goals
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1. To establish a retailing school supply business to support the funds
needed to help sustain the cooperatives’ advocacy;
2. To offer tutorial sessions for primary and secondary students who has
difficulties in their Science, Mathematics and English subjects;
4. To provide financial aid to the top 20 students from the waited list
students coming from the low-income family economic status but
academically able and highly motivated college students;
Article IV
Powers and Capacities
That the powers, rights and capacities of this Cooperative are those prescribed
under Article 9 of Republic Act 9520.
3. Of succession;
Article V
Term of Existence
That the term for which this Cooperative shall exist is Twenty (20) years from
the date of its registration with the Cooperative Development Authority.
Article VI
Common Bond and Field of Membership
Article VII
Area of Operation
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Article VIII
Name and Address of Cooperators
That the name and complete postal address of the cooperators are as
follows:
Article IX
Board of Members
That the number of Directors of this Cooperative shall be nine (9) (it should be
odd number, not less than 5 nor more than 15 members) and shall serve until
their successors shall have been elected and qualified within ____ days from
the date of registration as provided in the By-laws.
Name
1. ANCOT, FLORAMIE GAMBUTA
2. BACO, CHRISTINE NICOLE ROSARIO
3. BANGALAO, ARVIN PALER
4. GARCIA, LHANCE MARAVELES
5. IBONALO, MARY CRIS BANTOLINAO
6.MAGSALAY, CHENNY CHRISTINE BATUTAY
7. OSORIO, LIAM AIKEN REDILA
8. PAGUICAN, THERESE JEAN MACABALE
9. SABUGA, APRIL JANE LERO
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Article X
Capitalization
That the Capital contribution of each member shall not be less
than Php10,000.
Article XI
Subscribed and Paid-up Share Capital
5 years successful run of the cooperative
Article XII
Arbitral Clause
BE IT KNOWN THAT:
__________________________ ___________________________
Signature Over Printed Name Signature Over Printed Name
ACKNOWLEDGMENT
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All known to me to be the same persons who executed the foregoing
Articles of Cooperation, and acknowledged to me that the same is their free will
and voluntary deed.
Notary Public
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