Friday, April 26, 2019

Pacya: BATJODA MPC: A driving vehicle for economic growth

The sCO-OPer

AFTER 20 years of business operation, the Baguio-Tomay Jeepney Operators and Drivers Association Multipurpose Cooperative (BATJODA MPC) has remained true to its vision of uplifting the social and economic needs of its members.

The 801 members of BATJODA MPC celebrated its graduation from medium to large category last year. In 2016, the coop has a total asset of around 86 million and it ballooned to a massive 108 million for just a span of one year.

Aside from the millions of dividends directly disbursed to the members, the cooperative has also employed 15 full-time management staff not to include the 26 officers and appointed committee members who are also receiving output and performance-based honorarium. Generally, these are indications that there is job absorption in the sector.

The coop has converted from Credit to Multi-Purpose in 2010. One of its main services is the gasoline station and sale of other allied products due to the nature of its stakeholders owning jeepneys. The member-owned jitneys traversing the valley’s roads add mobility to the local population.

Just last August 18, the cooperative opened another gas station with 13 nozzles in Shilan to accommodate the increasing needs of its members. The area will also serve as a satellite office for the coop where other services will be offered.

To encourage thrift and savings mobilization, the coop offers credit services that include agricultural loan, house repair loan, car repair loan, car loan, business loan, educational loan, and miscellaneous loan. Interest on loans remains to be at 18 percent while interest on savings deposit is fixed at three percent per annum.

It is also important to emphasize on the social relevance BATJODA MPC. It has continuously served as a partner in community development. Among its projects were the support to environmental awareness and protection, upkeep to nutrition programs, involvement to agro-tourism activities, health assistance, promotion of quality education and the practice of cooperation among cooperatives principle.

Indeed, there is a great role of the growing number of coops in the competitiveness index of the municipality. This means that the economic activities in the locality are beneficial and favorable to the entrepreneurs, the community, the local government unit and the investors. The almost 100 cooperatives operating in the area help increase trade and industry activities and investment confidence in La Trinidad.

BATJODA MPC’s main office is located along the road of Mae, Bahong. Manager Elmo Bela-o and his staff are more than willing to entertain visitors who wish to become part of the stories of the cooperative. The Board of Directors headed by Engr. James Gadgad, Sr. are also ready to listen and share on thoughts about cooperativism.


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