Kalinga cooperatives join millionaire club

TABUK CITY, Kalinga - Government efforts to develop grassroots cooperatives in the province had reached remarkable level with 28 people’s cooperatives breaking the “millionaire” mark here.

Two of the sid cooperatives are the Tabuk Multi-purpose Cooperative (Tampco) and Tabuk Farmer’s Multi-purpose Cooperative (Tafamulco), which have surpassed the P100-million rank in total assets.

Abel Dawey, Cooperative Development Authority (CDA) Kalinga field officer, attributed the rapid growth trend of cooperatives in the province to continued education on operation of cooperatives even at the grassroots.

In the past 15 years, the community witnessed how people’s lives have changed, how living standards have improved because of cooperatives, Dawey noted.

The CDA provincial field office often receives invitations for seminars and trainings not only on the organization of new cooperatives but on how to make existing ones even more capable, Dawey said.

Almost every family’s economic gains in the province are tied to the assistance of cooperatives where they are members.

Through cooperatives, families have learned to manage and utilize their resources using the pool of resources of other members. (Larry Lopez)