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Guv vows to help coops

| by: Stanley Cin


The provincial government will help ease the lives of cooperatives.

Governor Hilario P. Davide III promised this saying while he might have his own vision, he will not hesitate to listen to the agenda of the cooperatives.

“I assure I will listen, the provincial government will listen. And if you’re strong enough and many enough, then you’re public officials will be forced to listen,” he said.

Davide was the guest speaker during the two-day Central Visayas Cooperative Congress, which opened last Friday, October 25 at the J Centre Mall, Mandaue City.

Beethoven Andaya, Jr., a councilor of Mandaue City, chaired the congress hosted by the Regional Cooperative Development Council (RCDC) 7.

Provincial Board (PB) Member Thaddeus Jude Durano-Sybico, who chairs the committee on cooperatives, also said that the province is reviewing their accreditation ordinance.

He said a proposed ordinance that would extend the Capitol’s accreditation of cooperatives from one year to three years has been passed on first reading.

He also revealed the Capitol’s plan to convene the Provincial Cooperative Development Council.

With the governor’s approval, he further mentioned about the Capitol’s participation in the credit surety fund program of the Banko Sentral ng Pilipinas (BSP).

The program would further open the borrowing opportunity of Capital-less businessmen with the cash contributions from the local government units, cooperatives, and other organizations as collaterals.

In his speech, the governor reiterated that the cooperatives have been heard when they participated in the pre-summit meetings at the Capitol last September. To recall, they were given the opportunity to identify the concerns that from their viewpoint the province should address.

The governor said the Congress would benefit the participants, as this is the time to re-orient them based on the successful practices from their fellow coops. (Xerxes Alkuino)