BIBLIOGRAPHY DANGLAY, GINA A. APRIL 2010. ...
BIBLIOGRAPHY
DANGLAY, GINA A. APRIL 2010. Socio-Economic Impact of Bakun Central
Multipurpose Cooperative to the Members and the Community. Benguet State
University, La Trinidad, Benguet.
Adviser: Jovita M. Sim, MSc.
ABSTRACT
This study was conducted to: identify the services / programs offered by the
cooperative to its members and to the community, identify the extent of implementation
of the different programs / services, and determine the contributions of the cooperative to
the socio-economic improvement of members and the community. The study was
conducted in Poblacion, Bakun, Benguet on December 2009.
A total of 50 respondents composed of the members of the Board of Directors,
core management staff, and members of the cooperative served as source of data for the
research. Data were gathered through personal interview with the aid of a questionnaire.
Data were analyzed using frequency analysis.
Majority of the respondents were middle aged, dominated by male members,
married, and had attended formal education. Most of the respondents were members in
the cooperative for more that 6 years. Most of the respondents were engaged in farming
as major source of income.
Respondents joined the cooperative to take part in any cooperative activity, to
avail loan and patronage refund and because they were encouraged by their friends and
relatives. The cooperative provides the following services: savings and time deposit,
credit services, consumer’s services and transport services. The most availed services by
the members were transport services, credit services, and consumers’ service. The least
availed service was the savings and time deposit. The reasons/purposes of the
respondents in availing cooperative services were: to have patronage refund, avail of
lower prices of consumer goods, loan to purchase basic commodities, loan for business
capital, tuition fee of children, for the improvement of house and hospitalization.
The respondents patronize the cooperative. The cooperative had improved the
socio-economic status of the members, their income increased due to the increase of
business capital. On the social status, self –confidence of the respondents was developed.
The different activities implemented by the cooperative have impact and had
contributed to the improvement on the social and economic status of the members.
The cooperative must develop a strategy to control loan delinquency such as
reminding regularly the borrowers about their loan, or employ a collector and continuous
education to officers and members and include values orientation training. Furthermore,
cooperative should motivate and imposed participation of members to the cooperative
activities especially activities that will improve the community.
ii
TABLE OF CONTENTS
Page
Bibliography . . . . . . . . . . . ….. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i
Abstract . . . . . . . . . . . . . . ….. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
iii
INTRODUCTION
Rationale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
Importance of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Statement of the Problem . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
Objectives of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
Scope and Delimitation of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
REVIEW OF LITERATURE
Socio-economic Impact . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
Impact of Cooperatives in Development . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
Contribution of Cooperative to Development . . . . . . . . . . . . . . . . . . . . . . . . .
6
METHODOLOGY
Locale and Time of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Respondents of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Data Gathering Method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Data Gathered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Data Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
iii
RESULTS AND DISCUSSION
Profile of Respondents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Source of Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
Purpose in Joining the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13
Cooperative Services Offered and Availed
by Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
Most Availed to Least Availed Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
Reasons/Purposes in Availing
Cooperative Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
Reasons in Buying Goods from the
Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
Number of Respondents Who Patronize
the Cooperative Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
Availment and Improvement on the Socio-
Economic Condition of Respondents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
Extent of Implementation of the Cooperative
Policies on Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
Extent of Patronage of the Cooperative Services . . . . . . . . . . . . . . . . . . . . . . .
20
Facilitating Factors to the Moderate/Full
Implementation and Patronage
of Cooperative Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21
Factors for the Fair/Poor Implementation and
Patronage of the Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22
Recommendation to Improve the Services of
the Cooperative. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23
Social Activities/Programs of the Cooperative . . . . . . . . . . . . . . . . . . . . . . . .
24
Social Activities Most Participated by Members. . . . . . . . . . . . . . . . . . . . . . .
24
Comment of Respondents if the Activities of the
Cooperative is Contributory to their
Social Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . .
25
iv
Improvements Observed Among Members since
they Joined the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26
Economic Benefits Offered by the Cooperative
to its Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26
Indicators of Progress through the Assistance
of the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27
Socio-Economic Impact of the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . .
28
Cooperative Contribution to the Community . . . . . . . . . . . . . . . . . . . . . . . . . .
29
SUMMARY, CONCLUSION AND RECOMMENDATION
Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
30
Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34
Recommendation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
35
LITERATURE CITED . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36
APPENDIX
A. Letter to the Respondent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
37
B. Survey Questionnaire (For Members) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
38
C. Survey Questionnaire (for Officers) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
43
v
INTRODUCTION
Rationale
Economic crisis is the major problem faced by our country, with this condition
people continue to secure stable source of income for better living, and continue to
discover how to uplift their lives. Cooperatives are important because of their versatility
and multiple purposes. They have been developed and they have flourished because of
their capacity to meet the needs of people in very diverse circumstances. Thus, at any
given time and in most societies, people can choose to use the cooperative model to meet
emerging needs. Today for example people around the world are using cooperatives to
provide services, notably social services that the state cannot provide or does not choose
to provide for example health services, some kinds of services for the elderly or for
people with disabilities. Others have started to use cooperatives model for production and
processing of organic food (Anonymous, 2001).
According to Pilas (2007), cooperative is known as “the bank of the common
man” because members secure loans from the cooperative at a lower interest rate
compared to the banks. It is also through cooperative that other countries achieve
economic progress. Cooperatives are usually organized and owned by low-income
people because they cannot compete with the rich in the acquisition and use of scarce
resources. The main concern for any cooperative is the advancement of socio-economic
welfare of its members through the provision of essential goods and services. It aims to
increase savings, investment, productivity, and purchasing power of its members.
Furthermore, cooperatives aim to maximize their economic benefits and to ensure the
equitable distribution of its net surplus for the members (Towang, 2002).
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
2
The Bakun Central Multipurpose Cooperative (BCMPC), just like all other
cooperatives hope to help their members uplift their social and economic status. The
BCMPC is located at Poblacion , Bakun , Benguet. It was first started as an association of
Mothers Organization formed by residents of central Bakun through Pastor Martin
Dulnuan. It started on February 4, 1989 with small groups of members as a consumer
store. Then on March 10, 1990 it was renamed as Bakun Consumers Cooperative.
Finally, it was registered to the CDA as Bakun Central Multipurpose Cooperative on
December 20, 1991 with original incorporators of 30. Record shows that as of 2008, the
total paid-up share capital was P 1,779,587.42 and a total asset of P 5,135,693.74.
The foregoing remarkable growth of the cooperative speaks well of the presence
of good cooperative leaders/officers, God fearing members, linkage with local
government and private firms, retention of interest on share capital and patronage refund
added to share capital, corporate culture: teamwork, discipline, honesty, integrity, and
code of ethics: trust and confidence among members, staff and officers.
It is therefore evident that members of cooperative can benefit from cooperative.
However, is there really an impact on the members and to the community? Thus, this
research therefore would look into the impact of the cooperative to the members and the
community.
Importance of the Study
To the cooperative, this study would serve as basis for the operation of the
cooperative. In addition, contribution of Bakun Central Multipurpose Cooperative could
be a motivation factor for others to join cooperatives.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
3
Individuals, agencies, community organizers, and organizations, who have
involvement in development of people-led organization, as well as students, could use the
result of this study.
Furthermore, it could also be used to construct models for successful cooperative
especially for rural areas.
Statement of the Problem
Several cooperatives had been organized and have been in existence in the
community for several years, yet the socio-economic impact of these cooperatives had
not been realized or evaluated.
The study intent to answer the following questions:
1. What are the services / programs offered by the cooperative to its members and
to the community?
2. What are the extents of implementation of the different program / services?
3. What are the contribution of the cooperative to the socio-economic
improvement of members and the community?
Objectives of the Study
The objectives of the study were to:
1. Identify the services / programs offered by the cooperative to its members and
to the community.
2. Identify the extent of implementation of the different programs / services.
3. Determine the contributions of the cooperative to the socio-economic
improvement of members and the community.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
4
Scope and Delimitation of the Study
The scope and coverage of this study were the socio-economic impact of Bakun
Central Multipurpose Cooperative (BCMPC) to the members and the community in the
last five years (2004-2008) on the three services namely credit, consumers, and transport.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
5
REVIEW OF LITERATURE
Socio-Economic Impact
From Broyles (2007), socio-economics is the study of relationship between
economic activity and social life. The field is often multidisciplinary, using theories and
methods from sociology, economics, history, and psychology. In many cases however,
socio-economics focus on the social impact of some sort of economic change. Such
changes might include a closing factory, market manipulation, the signing of the
international trade treaties, new natural gas regulation. Such social effects can be wide
ranging in size anywhere from local effects on a small community to changes to an entire
society.
Examples of socio-economic impacts include new technologies, such as cars or
mobile phones, changes in laws, changes in physical environment (such as increasing
crowding within cities) and ecological changes (such as prolonged drought or declining
fish stocks). These may affect patterns of consumption, the forced distribution of income
and wealth, the way in which people behave (both in terms of purchase decisions and the
way in which they choose to spend their time), and the overall quality of life. The goal of
socio-economic study is to bring about socio-economic development, usually in terms of
improvements of metrics such as GDP, life expectancy, literacy, levels of employment
(Broyles, 2007).
Impact of Cooperatives in Development
Cooperatives organized as business enterprises for the benefit of their members,
offer a model of enterprise that is particularly relevant in difficult economic times and
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
6
instances of market failures .As a self help group, a cooperative organization is widely
accessible, especially for the marginalized. Where private enterprise or government is
weak, particularly in remote rural areas, cooperatives enable local people to organize and
improve their conditions. Cooperatives promote and support entrepreneurial
development, creating productive employment, raising incomes and helping to reduce
poverty while enhancing social inclusion, social protection and community building.
Thus, while they benefit their members, they also offer positive externalities for the rest
of society and have a transform (Anonymous, 2009).
Cooperatives also provide opportunities for social inclusion. In the informal
economy, workers have formed shared service cooperatives and associations to assist in
their self-employment (Beroff, 2000).
In rural areas, savings and credit cooperatives provide access to banking services,
which are lacking in many communities. Credit cooperatives in financing the formation
of small and micro businesses; promote inclusive finance that the United Nations
envisages reaching the poor in a sustainable way (Smith and Ross, 2006).
In many countries, cooperatives and mutual benefit societies are substantial
providers of social protection, especially health coverage, and they operate as voluntary
community-based schemes. In some countries, they also participate in the management of
compulsory health insurance or provide services through the networks of health and
social activities (ICA, 2009).
Contributions of Cooperative to Development
Cooperatives contribute to reducing poverty by helping create and improve
income and employment opportunities. This has become crucial in a world economy too
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
7
often characterized by “jobless growth”, where the limited creation of formal
employment has led to a broad-based trend towards the growth of the informal sector.
Cooperatives in fact provide employment opportunities to around 100 million people and
benefit about 800 million members. I would like to emphasize the role of cooperatives in
the rural sector, where most of the poor in the world work.
Cooperatives have always played an important role in supporting and promoting
small and medium-size enterprises, in agriculture, but also in transport and handicrafts, to
mention just a few sectors. By organizing themselves into cooperatives, small and
medium-size producers have been able to obtain access to needed inputs and marketing
services that they could not have obtained on their own. Marketing services are especially
important for small and medium-size producers to establish themselves in both domestic
and international markets.
Credit unions currently provide affordable access to financial services to about 136
million members in 91 countries worldwide. An increasing number of credit unions
provide affordable remittance services, particularly to migrant workers. In addition to
credit services, cooperatives encourage voluntary savings among poor people.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
8
METHODOLOGY
Locale and Time of the Study
This study was conducted in Poblacion, Bakun, Benguet where Bakun Central
Multipurpose Cooperative is located. This was conducted on December 2009.
Respondents of the Study
The respondents of the study were the members of the Board of Directors, core
management staff, like the sales clerk, transport crew, and members of the Bakun Central
Multipurpose Cooperative.
A total enumeration was employed for the officers and management staffs of the
cooperative. A total of 50 member-respondents were chosen through simple random
method.
Data Gathering Method
Data gathering was done through personal interview with the aid of an interview
schedule.
Data Gathered
The primary data gathered from the respondents were the following: cooperative
services availed by members, extent of implementation of cooperative services, and the
contributions of cooperative to the improvement of the socio-economic condition of
members and the community.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
9
Data Analysis
The data and information gathered were interpreted according to the objectives of
the study. Data were tabulated analyzed using frequency counts, percentages and
descriptive analysis. Frequency analysis was employed in the analysis of variables.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
10
RESULTS AND DISCUSSION
Profile of Respondents
Table 1 presents the profile of the respondents as to their age, gender, civil status,
educational attainment and number of years of membership in the cooperative.
Age. Nineteen (32%) of the respondents were between the ages of 48-57 years old
followed by the age bracket of 38-47 (27%). Twenty five percent of the respondents
belonged to the age bracket 28-37, eight percent belonged to 18-27 years old and eight
percent belonged to 48-57 years old. This implies that most of the respondents were of
middle age.
Gender. Most of the respondents were male with 63% while the female was only
37%. This implies that members of the BCMPC were dominated by male.
Civil status. Majority (83%) of the respondents were married. Fifteen percent
were single and one respondent was widow. This implies that most married individual
are more interested in joining a cooperative, this maybe attributed to the services that a
cooperative may offer which may be needed by households..
Educational attainment. All the respondents had attended formal education. The
finding shows that most (41%) of the respondents reached college level, 32% had reached
secondary and 27% had reached the elementary level. This implies that most of the
members were literate, able to read and write, thus, it is not difficult to educate them on
the cooperative principles.
Number of years in cooperative membership. Number of years as members in the
cooperative by the respondents ranges from 1 to 20 years. As found, 28 of the
respondents or 46 % were members for 16-20 years, 9 (15%) were members for 11-15
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
11
years, 16 (27%) were members for 6-10 years and 7 (12%) were members for 1-5 years.
These findings signify that most of the respondents were members in the
cooperative for more that 6 years.
Table 1. Profile of respondents
PARTICULARS
FREQUENCY
PERCENTAGE
Age
18-27
5
8
28-37
15
25
38-47
16
27
48-57
19
32
58 and above
5
8
TOTAL
60
100
Gender
Male
38
63
Female
22
37
TOTAL
60
100
Civil Status
Married
50
83
Single
9
15
Widow
1
2
TOTAL
60
100
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
12
Table 1 continued…
PARTICULARS
FREQUENCY
PERCENTAGE
Educational Attainment
Elementary
16
27
High school
19
32
College
25
41
TOTAL
60
100
Number of years in
membership
1-5
7
12
6-10
16
27
11-15
9
15
16-20 yrs.
28
46
TOTAL
60
100
Source of Income
The location of the cooperative is a farming community, majority of the residents
are into farming. More than half of the respondents (53%) were engaged in farming as
major source of income, 33% were office employees either in private or government
agencies, 12% were skilled workers such as carpenter and laborer employed either in
private and government (Table 2).
The result shows that some of the respondents have more than one source of
income such as farming and employment.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
13
Table 2. Sources of income of the respondents
SOURCE OF INCOME
FREQUENCY
PERCENTAGE
Vegetable farming
32
53
Employment/work
20
33
Business
7
12
Wages as skilled laborers, carpenters
6
10
*Multiple responses
Purpose in Joining the Cooperative
Cooperatives purpose is to help the members in their livelihood and to provide
them with their needs such as goods at lower or reasonable prices and credit services. On
the other hand members also had their purpose of joining a cooperative. In this research,
it shows that on half (50%) of the respondents joined the cooperative to take part in any
cooperative activity, 41% mentioned to avail loan and patronage refund and 12%
mentioned that they joined the cooperative because they were encouraged by their friends
and relatives (Table 3)..
This implies that there are people who wanted to give or do something to the
cooperative as a provider like participating in any cooperative activities and thus their
knowledge are enriched and they will be supportive to the cooperative.
Table 3. Purpose in joining the cooperative
PURPOSE
FREQUENCY
PERCENTAGE
To avail loan and patronage refund
25
41
To take part in any coop activity
30
50
Encouragement by friends/relatives
7
12
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
14
Cooperative Services Offered and
Availed by Members
The respondents mentioned that the cooperative provides the following services:
savings and time deposit, credit services, consumer’s services and transport services. On
the availment of these services (Table 4), the result shows that the cooperative services
most availed by the members were transport services (72%), credit services (68%),
consumers’ services (63%) and savings and time deposit (48%). The transport service
was most availed because the farmers used it to transport their vegetable to the trading
areas in La Trinidad. Credit services as source of capital in farming or even in the
purchase of goods and other needs.
Result implies that the members patronize cooperative services.
Most Availed to Least Availed Services
The finding in Table 5 confirms the result in Table 4. Result shows that the most
availed services of the cooperative by the respondents were the transport service with a
rating of 1 and the credit services with the same rating. Savings and time deposit and
consumer services were moderately availed by members.
Table 4. Cooperative services availed by members
SERVICES
FREQUENCY
PERCENTAGE
Savings and time deposit
29
48
Credit services
41
68
Consumer’s services
38
63
Transport services
43
72
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
15
Table 5. Most availed to least availed cooperative services
FREQUENCY
MEAN
SERVICES
1
2
3
4
Savings and time deposit
16
15
32
39
2
Credit services
31
29
17
9
1
Consumers’ services
24
38
20
8
2
Transport service
39
27
4
2
1
Legend:
1-most availed
2- moderately availed
3- fairly availed
4- least availed
Reasons/Purpose in Availing
Cooperative Services
Several reasons have been identified by the respondents in availing cooperative
services. The reasons/purposes of the respondents in availing such services were as
follows as shown in Table 6: to have patronage refund (60%), avail of lower prices of
consumer goods (45%), use to purchase basic commodities (43%), for business capital
(32%), tuition fee of children (23%), for the improvement of house (15%) and
hospitalization (15%). Other reasons mentioned were: to purchase lot (8%), to build a
house (7%), for placement fee of OFW applicants (3%) and for emergency purpose (3%).
Result shows that each member availed of the services of the cooperative with varied
reasons based on their needs.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
16
Table 6. Reason/purpose of availing the services of the cooperative
REASON/PURPOSE
FREQUENCY
PERCENTAGE
To have patronage refund
36
60
Avail of lower prices of consumer goods
27
45
Used to purchase basic commodities
26
43
For business capital
19
32
Tuition fee of children
14
23
House improvement
9
15
Hospitalization
9
15
To purchase lot
5
8
To build house
4
7
Placement fee of OFW applicants
2
3
For emergency purpose
2
3
*Multiple responses
Reasons in Buying Goods
from the Cooperative
The major reason of respondents in buying goods from the cooperative were to
help build the cooperative (60%) and to have patronage refund (57%). This implies that
the members are not only concern on the benefit they derived from the cooperative but
also thinking of how to build or strengthen the cooperative (Table 7). Other reasons were
lower price of consumer goods (45%) and they can buy in credit (20%). This implies that
most members buy their goods on the cooperative not only for their benefits but also for
the benefit of the cooperative.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
17
Number of Respondent Who Patronize the
Cooperative Services
Although a cooperative is organized to provide needs of its members, there are
still members who do not avail or patronize the cooperative especially consumer services.
In this research work, result shows that there were 7 (12%) of the respondents who do not
patronize the cooperative services and 53 (88%) of the respondents patronized the
cooperative services (Table 8). The reasons for not patronizing the cooperative as
mentioned by the respondents were because there members who transferred to another
place due to transfer of residence due to marriage and change of employment. There
were members who have their own stores, thus, they seldom patronize the consumer
cooperative services.
Table 7. Reasons in buying goods from the cooperative
PARTICULARS
FREQUENCY
PERCENTAGE
To help build the coop
36
60
To have patronage refund
34
57
Lower prices of consumer goods
27
45
Can buy on credit
12
20
* Multiple responses
Table 8. Number of respondents who patronize the cooperative services
PARTICULARS
FREQUENCY PERCENTAGE
Patronizing cooperative services
53
88
Not patronizing cooperative services
7
12
TOTAL
60
100
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
18
Availment and Improvement on the Socio-
Economic Condition of Respondents
Most organizations and cooperatives aimed to improve the socio-economic status
of members thereby contributing or improving also the socio-economic status of the
community where the cooperative/organization is located and in general contributing to
the economic development of the country. Out of the sixty member respondents, 51 or
85% believed that the cooperative had improved their socio-economic status, while 9 or
15% mentioned that the cooperative services did not improve their socio-economic status.
Evidences on the socio-economic contribution to the respondents were shown in
Table 9. The improvements on the socio-economic status of the members through the
services of the cooperative were as follows: facilitate mobility to market/commercial
City (52%) this is due to the transport services, increase income from business (38%),
increased assets (22%) and able to improved house (15%). The reason for not having an
improvement on the socio-economic status was because the loan was not used for
intended purpose and loan is not enough for capital.
Extent of Implementation of the Cooperative
Policies on Services
On the credit services, 42% of the respondents mentioned that it was moderately
implemented, 37% mentioned it was fully implemented while 18% believed that it is
fairly implemented (Table 10). Credit service was moderately implemented because in
granting a loan policies should be strictly implemented where it is based on the credit
standing and fix deposit, loans have low interest, no collateral on loan and despite of the
low interest, delinquencies still exist.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
19
Table 9. Number of respondents who availed of the services and socio-economic
contribution
PARTICULARS
FREQUENCY PERCENTAGE
Number of respondents who availed of services
Availed services improved socio-economic
51
85
status
Availed services did not improve socio-
9
15
economic status
TOTAL
60
100
Improvements on the socio-economic status
Facilitate mobility to market/commercial city
31
52
Increased income from business
23
38
Increased assets
13
22
Improved house
9
15
Reasons why services did not improve socio-
economic status
Loan is not enough for capital
2
3
Loan was not used for intended purpose
3
5
On consumer’s service, sixty percent of the respondents mentioned that it is
moderately implemented, 32% mentioned it is fully implemented, and 12% mentioned it
is fairly implemented. According to the respondents, consumer’s service was
moderately implemented because the prices of goods are lower than the other stores and
they can also avail patronage refund from the goods they bought. On the other hand,
other say it was fairly implemented because of the low turn over of merchandise, some
members do not pay their credit on time.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
20
Sixty two percent of the respondents mentioned that the transport service was
fully implemented, and 41% mentioned it was moderately implemented (Table 10). The
transport was fully and moderately implemented because this was maintained for it is the
only public utility bus servicing the area.
Extent of Patronage of the Cooperative Services
Table 11 shows the extent of patronage of the respondents to the different service
offered by the cooperative.
Among the services offered by the cooperative, the transport service was fully
patronized by 62% of the respondents. This is due to the importance of this facility to the
members, it is utilized in transporting the people and good and even their produce to the
trading centers. Forty seven percent moderately patronize, and 12% fairly patronize, these
were the respondents who have own vehicle.
Table 10. Perception of respondents on the implementation of cooperative policies on
services
PARTICULARS
CREDIT
CONSUMER
TRANSPORT
F
%
F
%
F
%
Fully implemented
22
37
19
32
37
62
Moderately
25
42
36
60
25
41
implemented
Fairly
11
18
7
12
implemented
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
21
On the credit services, majority (70%) of the respondents moderately patronizes
the service, 33% fully patronize and 13% fairly patronize. Factors that affect the degree
of patronizing the credit service depend on the needs for cash. This implies that most of
the members moderately patronize the credit service since it is where they can avail loan
and avail of a higher patronage refund.
Fifty percent of the respondents moderately patronize the consumer service, 37%
fully patronize and 17% fairly patronize. This result may be attributed to the reason that
some of the respondents own a sari-sari store, while others purchase their needs in La
Trinidad or Baguio City when they go and sell their produce. Others directly purchase
their needs in the market.
Facilitating Factors to the Moderate/Full
Implementation and Patronage of
Cooperative Service
Based on the findings the facilitating factors for the moderate/full implementation
and patronage of cooperative services were shown in Table 12. The amount of loan
approved was according to fix deposits and credit standing (48%), fast processing, not
stringent loan procedure (40%), low prices of consumer goods (32%), low interest, no
Table 11. Extent of patronage on the different services
PARTICULARS
CREDIT
CONSUMER
TRANSPORT
F
%
F.
%
F
%
Full patronage
20
33
22
37
37
62
Moderate patronage
42
70
30
50
28
47
Fair patronage
8
13
10
17
7
12
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
22
Table 12. Facilitating factors to the moderate/full patronage of cooperative services
FACILITATING FACTORS
FREQUENCY PERCENTAGE
Loans according to fix deposits and credit standing
29
48
Fast process, not stringent loan procedure
24
40
Lower prices of consumer goods
19
32
Low interest, no collateral on loans
14
23
High patronage refund/interest or capital
6
10
*Multiple responses
collateral on loans and high patronage refund/interest on capital (10%). The members
cannot loan amount that exceeds their fix deposits and if they have bad credit standing,
which means the members are delinquent, do not pay their loan on due date. Fast loan
processing facilitates full implementation of service as these factor motivate a member to
patronize a cooperative. No collateral of loan motivates also a member to patronize
cooperative loan service, however this is not good because there is not security on the
part of the cooperative.
Factors for the Fair/Poor Implementation and
Patronage of the Services
Most (67%) of the respondents as shown in Table 13, mentioned that the presence
of other stores in community was a factor for the fair/poor implementation and patronage
for the consumer service, more than half (53%) mentioned high loan delinquency/low
repayment rate, schedule of bus sometimes cancelled due to road closed or under repair
roads (43%), low and slow merchandize sales (32%) and low turn over of merchandize
(30%).
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
23
Recommendation to Improve the Services
of the Cooperative
Recommendations to improve the services of the cooperative are shown in Table
14. Sixty five percent of the respondents recommend that loan delinquency should be
controlled or should be improved; 47% suggested that loans also should be monitored if it
is really used for its purpose, and 40% suggested that inventory and sale of basic goods
that is competitive should be imposed. On the part of the transportation service, 33%
mentioned that the condition of vehicle should be ensured and 32% mentioned that
capital build-up of members should be improved.
Table 13. Factors for the fair/poor patronage of the services
FACTORS
FREQUENCY.
PERCENTAGE
Presence of other stores in community
40
67
High loan delinquency/low repayment rate
32
53
Schedule of bus sometimes cancelled due
26
43
to road close/repair
Low and slow merchandise
19
32
Low turn over of merchandise
18
30
*Multiple responses
Table 14. Recommendations to improve the cooperative services
PARTICULAR
FREQUENCY PERCENTAGE
Improve loan delinquency control/ repayment
39
65
Monitoring of loan purposes
28
47
Inventory and sales of basic goods that is
Competitive
24
40
Ensure good condition of vehicle
20
33
Improve capital build-up of members
19
32
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
24
Social Activities/Programs of the Cooperative
The respondents mentioned (Table 15) that the social activities/programs of the
cooperative were general assembly (85%), Christmas program (65%), lakbay-aral (58%),
training and seminar (41%), and cleaning program ( 35%). Death aid was also mentioned
by the officers as program of the cooperative.
Social Activities Most Participated by Members
The most participated social activity of the cooperative was the general assembly
(Table 16). This may be due to the fact that it is during this activity that the members
will be updated about the cooperative especially on financial matters. Fifty percent of the
respondent mentioned Christmas program, 45% mentioned the cleaning activities, 38%
mentioned training and seminar and 27% mentioned the lakbay-aral. These are the major
social activities of the cooperative and most participated by members.
Table 15. Social activities/programs of the cooperative
PARTICULARS
FREQUENCY
PERCENTAGE
General Assembly
51
85
Christmas program
39
65
Lakbay-aral
35
58
Training and seminar
25
41
Cleaning activities
21
35
Others: Death aid
2
3
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
25
Comment of Respondents if the Activities of the
Cooperative is Contributory to their
Social Status
Majority (83%) believed that the cooperative activities mentioned in Table 17
contributed to the improvement of their social status or attitude, while 5% believed that
those activities did not contribute in improving their social attitude. There were 12% of
the respondents who did not comment.
The result implies that the social activities implemented by the cooperative had
contributed to the improvement of social attitude of the members.
Table 16. Social activities most participated by the respondents
PARTICULARS
FREQUENCY
PERCENTAGE
General assembly
47
78
Christmas program
30
50
Cleaning activities
27
45
Trainings and seminar
23
38
Lakbay-aral
16
27
*Multiple responses
Table 17. Comments of respondents on the contribution of the cooperative to social
status
PARTICULARS
FREQUENCY
PERCENTAGE
Contributory in improving social attitude
50
83
Not contributory in improving social
3
5
attitude
Did not comment
7
12
TOTAL
60
100
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
26
Improvements Observed Among Members Since
they Joined the Cooperative
The finding shows that there were 47 or 78% of the respondents who had
improved knowledge about cooperative, 44 (73%) had developed self-confidence, 43
(72%) had more acquaintances/camaraderie, and there were 13 (22%) who had improved
managerial capabilities. According to the respondents the trainings and seminars and
lakbay-aral offered by the cooperative to members improved their knowledge and
managerial capabilities (Table 18). Self confidence was developed through exposure and
participation in the different programs of the cooperative, at the same time their
camaraderie to each other.
Economic Benefits Offered by the Cooperative
to its Members
Majority (83%) of the respondents mentioned that patronage refund was an
economic benefit offered by the cooperative, 82% mentioned that the interest on share
capital and saving is an economic benefit offered and 53% mentioned the financial
assistance offered by the cooperative is an economic benefit (Table 19).
Table 18. Improvements observed among members since they joined the cooperative
PARTICULAR
FREQUENCY
PERCENTAGE
Improved knowledge about cooperative
47
78
Develop self-confidence
44
73
More acquaintances/camaraderie
43
72
Improved managerial capabilities
13
22
* Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
27
Indicators of Progress through the Assistance
of the Cooperative
The respondents identified indicators of progress through the assistance of the
cooperative shown in Table 20. The result shows that 33% of the respondents had
improved their houses through the help of the cooperative services, 20% were able to
purchase farm implements, 15% were able to send their children/household members
school, 7% were able to purchase appliances, 3% were able to pay placement fee
household members who went overseas and 2% was able to purchase agricultural land.
This implies that after joining the cooperative the members had improvement on their
socio-economic conditions.
Table 19. Economic benefits offered by the cooperative to its members
PARTICULARS
FREQUENCY
PERCENTAGE
Financial assistance
32
53
Interest on share capital and savings
49
82
Patronage refund
50
83
*Multiple responses
Table 20. Indicators of progress through the assistance of the cooperative
PARTICULAR
FREQUENCY
PERCENTAGE
House improvement
20
33
Purchased farm implements
12
20
Children/household members sent to school
9
15
Purchased appliances
6
7
Household members sent overseas (OFW)
2
3
Purchased agricultural land
1
2
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
28
Socio-Economic Impact of the Cooperative
Based on the result, the respondents have low participation to coop activities and
community activities before they were not members of the coop but after joining the
cooperative, their social status improved and, that they moderately participate in the
activities. The economic impact stated by the respondents were low to moderate increase
in income, expansion of business, able to send children to school, improved house and
were able to buy appliances before joining the cooperative but had improved to high after
joining the cooperative (Table 21). This implies that cooperative had a great impact in
uplifting status of members both on social and economic status.
Table 21. Socio-economic impact of cooperative
PARTICULARS
BEFORE
AFTER
LOW MOD HIGH LOW MOD HIGH
(1)
(2)
(3)
(1)
(2)
(3)
Social
Participation to coop activities
27
17
3
45
12
Participation to community
22
20
1
49
9
activities
Economic
Increase in income
16
17
3
43
Expand business
15
8
4
38
Able to bring children to school 8
6
18
Improve house
14
4
25
Bought appliances
12
5
6
17
Social: 1 – Low
2 – Moderate
3 - High
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
29
Cooperative Contribution to the Community
Majority (95%) of the respondents mentioned that mobility through the transport
service of the cooperative. This service did not only benefit the members but also non-
members and other municipalities were the bus will pass. The passenger’s fare as well as
the baggage fare is controlled because the fare was agreed by the board so the conductors
cannot just add or collect higher fare than the one’s being agreed. The cooperative also
contributed to the road improvement (82%), basic commodities/merchandise are
available at community level (80%), and 32% mentioned that the cooperative have
cemented some pathways (Table 22).
The result implies that the cooperative does not only serve the members but also
the community especially for the transport since even the other municipalities can be
benefited like in delivery of their produce to the market.
Table 22. Cooperative contribution to the community
PARTICULARS
FREQUENCY
PERCENTAGE
Mobility
57
95
Road improvement
49
82
Basic commodities/merchandise at
48
80
Community level
Cemented pathways
19
32
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
30
SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
Summary
This study entitled “Socio-Economic Impact of Bakun Central Multi-Purpose
Cooperative to the Members and the Community“ was conducted to: identify the services
/ programs offered by the cooperative to its members and to the community, identify the
extent of implementation of the different programs / services, and determine the
contributions of the cooperative to the socio-economic improvement of members and the
community. The study was conducted in Poblacion, Bakun, Benguet where Bakun
Central Multipurpose Cooperative is located on December 2009.
A total of 50 respondents composed of the members of the Board of Directors,
core management staff, and member of the cooperative. like the sales clerk, transport
crew, and members cooperative served as source of data for the research. Data were
gathered through personal interview with the aid of a questionnaire. Data were analyzed
using frequency analysis.
Majority of the respondents were middle aged, dominated by male members,
majority were married, and had attended formal education. Most of the respondents were
members in the cooperative for more that 6 years.
Most of the respondents were engaged in farming as major source of income,
others were office employees either in private or government agencies, and were skilled
workers such as carpenter and laborer employed either in private and government.
Respondents joined the cooperative to take part in any cooperative activity, to
avail loan and patronage refund and because they were encouraged by their friends and
relatives. The cooperative provides the following services: savings and time deposit,
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
31
credit services, consumer’s services and transport services. The most availed services by
the members were transport services, credit services, and consumers’ service. . The least
service availed was the savings and time deposit. The reasons/purposes of the
respondents in availing cooperative services were: to have patronage refund, avail of
lower prices of consumer goods, loan to purchase basic commodities, loan for business
capital, tuition fee of children, for the improvement of house and hospitalization. Other
reason mentioned were: to purchase lot, to build a house, for placement fee of OFW
applicants and for emergency purpose. The major reason of respondents in buying goods
from the cooperative were to help build the cooperative and to have patronage refund.
Other reasons were lower price of consumer goods and they can buy in credit.
Majority of the respondents patronize the cooperative but there were seven
respondent who do not patronize the cooperative services because of the following: the
respondents had transferred to other places, and others have their own stores.
Majority of the respondents believed that the cooperative had improved their
socio-economic status. Evidences on the improvement of the socio-economic
contribution of the cooperative to the respondents were as follows: facilitate mobility to
market, this was due to the transport services, increased income from business, increased
assets and able to improved house . The reason for not having an improvement on the
socio-economic status was because the loan was not used for intended purpose and loan
is not enough for capital.
On the extent of implementation of the cooperative credit services, respondents
mentioned that it was moderately implemented to fully implemented because in granting
a loan policies should be strictly implemented where it is based on the credit standing and
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
32
fix deposit, loans have low interest, no collateral on loan and despite of the low interest,
delinquencies still exist. On consumer’s service, it was moderately implemented because
the prices of goods are lower than the other stores and they can also avail patronage
refund from the goods they bought. On the other hand, other say it was fairly
implemented because of the low turn over of merchandise, some members do not pay
their credit on time. The transport service was fully and moderately implemented because
this was maintained for it is the only public utility bus servicing the area.
On the extent of patronage of the cooperative services, the transport service was
fully patronized because of the importance of this facility to the members, it is utilized in
transporting the people and goods and even their produce to the trading centers. Most of
the members moderately patronize the credit service since it is where they can avail loan
and avail of a higher patronage refund. Fifty percent of the respondents moderately
patronize the consumer service, 37% fully patronize and 17% fairly patronize.
The facilitating factors for the moderate/full implementation and patronage of
cooperative services were: amount of loan approved was according to fix deposits and
credit standing, fast processing, not stringent loan procedure, low prices of consumer
goods, low interest, no collateral on loans and high patronage refund/interest on capital.
The respondents mentioned that the presence of other stores in community was a factor
for the fair/poor implementation and patronage for the consumer service, high loan
delinquency/low repayment rate with, schedule of bus sometimes cancelled due to road
closed or under repair roads, low and slow merchandize capital build-up, and low turn
over of merchandize.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
33
The respondents recommend that loan delinquency should be controlled or should
be improved, loans also should be monitored if it really used for its purpose, and the
inventory and sale of basic goods that is competitive should be imposed. On the part of
the transportation service, mentioned that the condition of vehicle should be maintained
and ensured. Capital build-up of members should be improved.
On the socio-economic impact of the cooperative, the respondents have low
participation to coop activities and community activities before they were not/new
members of the coop but after joining the cooperative, their social status improved, that
they moderately participate in the activities. The economic impact mentioned by the
respondents were low to moderate increase in income, expansion of business, able to
send children to school, improved house and were able to buy appliances before joining
the cooperative but had improved to high after joining the cooperative.
The social activities/programs of the cooperative were general assembly,
Christmas program, lakbay-aral, training and seminar, and cleaning activities. Majority
believed that the cooperative activities mentioned above contributed to the improvement
of their social status or attitude. The most participated social activities of the cooperative
was the general assembly. The finding shows that the activities of the cooperative had
improved the knowledge of respondents about cooperative, had developed self-
confidence, had more acquaintances/camaraderie, and for staff and officers had improved
managerial capabilities
Majority of the respondents mentioned that patronage refund was an economic
benefit offered by the cooperative, the interest on share capital and saving is an economic
benefit offered and the financial assistance.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
34
On the indicators of progress through the assistance of the cooperative, the
respondents identified; the improved houses through the help of the cooperative services,
able to purchase farm implements, able to send their children/household members school,
able to purchase appliances, able to pay placement fee of household members who went
overseas and able to purchase agricultural land. .
On the cooperative contribution to the community, the respondents mentioned
that mobility through the transport service of the cooperative, the cooperative also
contributed to the road improvement, basic commodities/merchandise are available at
community level, and the cooperative have cemented some pathways.
Conclusions
Based on the result, the following conclusions were drawn:
.
1. Respondents joined the cooperative to take part in any cooperative activity,
and to avail loan and patronage refund.
2. The cooperative provides the following services: savings and time deposit,
credit services, consumer’s services and transport services.
3. The most availed services by the members were transport services, credit
services, and consumers’ service and the least availed service was the savings and time
deposit.
4. The reasons/purposes of the respondents in availing cooperative services were:
to have patronage refund, avail of lower prices of consumer goods, loan to purchase basic
commodities, loan for business capital, tuition fee of children, and for the improvement
of house and hospitalization.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
35
5. The major reason of respondents in buying goods from the cooperative were to
help build the cooperative and to have patronage refund.
6. The respondents patronize the cooperative.
7. The cooperative had improved their socio-economic status of the members.
8. The extent of implementation of the cooperative services were fully to
moderately implemented.
9. The transport service was fully patronized, the credit and consumers services
were fully to moderately patronized. The savings and time deposit was fairly patronized
10. The loan approved was according to fix deposits and credit standing, fast
processing, not stringent loan procedure, low prices of consumer goods, low interest, no
collateral on loans and high patronage refund/interest on capital were the facilitating
factors for the moderate/full implementation and patronage of cooperative services.
11. The different activities implemented by the cooperative have impact and had
contributed to the improvement on the social and economic status of the members.
Recommendations
From the conclusion the following are recommended:
1. The cooperative must develop a strategy to control loan delinquency such as
reminding regularly the borrowers about their loan, or employ a collector, and continuous
education to officers and members and include values orientation training. A monitoring
scheme on the utilization of loans should be developed and employ to control loan
delinquency.
2. The cooperative should motivate and imposed participation of members to the
cooperative activities especially activities that will improve the community.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
36
LITERATURE CITED
ANONYMOUS, 2001. British Columbia Institute for Cooperative Studies. Retrieved
September 12, 2009 from http://www.bcics.org/co-opstudies/importance
ANONYMOUS, 2009. Statistical Information on Mutual Insurances. Retrieved
September 11, 2009 from http:// aim-mutual. org/ uploads/ fmanager/
about_Mutuality/ en_pop_couverte_par_mutuelle_monde. pdf
BEROFF, V. M. 2000. A Comparative Analysis of Member-Based Microfinance
Institutions in East and West Africa. Retrieved September 11, 2009 from
http://www. copac. Coop / publications / un / a64132. pdf
BROYLES, B. F. 2007. Socioeconomics. Retrieved September 5, 2009 from http://
wikipedia. org/ wiki / Socioeconomics
INTERNATIONAL COOPERATIVE ALLIENCE, 2009. Statistical Information on
Mutual Insurances. Retrieved September 11, 2009 from http:// www. ica. Coop /
coop / statistics. html
PILAS, D. K. 2007. Profile of member-borrowers in the progressive citizen multi-
purpose cooperative at Abatan, Buguias, Benguet. BS Thesis. BSU, La Trinidad,
Benguet. P.4
SMITH, R.C. and ROSS, F.B. 2006. Organizing Out of Poverty. Retrieved September 12,
2009 from http:// www. copac. coop / publications / un /a64132e. pdf
TOWANG, R. P. 2002. Socio-economic contributions of Benguet Farmers Multi-
Purpose Cooperative to its members. BS Thesis. BSU, La Trinidad, Benguet. P.1
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
37
APPENDIX A
Letter to the Respondent
Republic of the Philippines
Benguet State University
College of Agriculture
DEPARTMENT OF AGRICULTURAL ECONOMICS AND
AGRIBUSINESS MANAGEMENT
December 2009
Sir/Madam;
Greetings!
I am Gina A. Danglay, an agribusiness student of Benguet State University majoring in
Cooperative Management. I am a graduating student, however I need to complete my
thesis as one of the requirement of my course. I am currently conducting my thesis
entitled “Socio-Economic Impact of Bakun Central Multipurpose Cooperative to the
Members and the Community”
In this connection, may I request your assistance by answering the attached questionnaire.
Rest assured that all data gathered will be held confidentially and it shall be used only to
serve the purpose of my study.
Thank you very much for your cooperation and God Bless.
Respectfully yours,
GINA A. DANGLAY
Noted:
JOVITA M. SIM
Adviser
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
38
APPENDIX B
Survey Questionnaire
(For the Members)
I. Profile of Respondents
Name: _______________________________________ Age: __________
Gender: ______________ Civil Status: ______________
Educational Attainment: (pls. check)
______Primary
______ Elementary
______ High School
______College
Number of Years in Cooperative Membership (pls. check)
______ 1-5 years
______ 6-10 years
______ 11-15 years
______ 16-20 years
Purpose in joining the cooperative (pls. check)
_______ To avail loan and patronage refund
_______ To take part in any cooperative activity
_______ Encouragement by friends / relatives
_______ Others, specify _________________________________
Sources of income (pls. check)
______Vegetable farming
______Employment / work
______Wages as skilled laborers, carpenters
______Business
______Others , specify ____________________________
II. Cooperative Services Availed by Members
1. What are the cooperative services / programs you availed from? (Pls. check)
______Savings and Time Deposit
______Credit Services
______Consumers Services
______Transport Services
______Others, specify ___________________________________
2.What are your reasons/purpose in availing such services?
______For business capital
______To build house
______To purchase lot
______Tuition fee of children
______House improvement
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
39
______Hospitalization
______Placement fee of OFW applicants
______Used to purchase basic commodities
______Others , specify __________________________________
3. What are your reasons in buying goods from the cooperative?
______Can buy on credit
______To have patronage refund
______Lower prices of consumer goods
______To help build the cooperative
______Others , specify __________________________________
4. Do you patronize the services of the cooperative?
______Yes
______ No
5. If yes, what services did you avail? Rank the services from the most availed to least
availed. 1- Most availed
3- Fairly availed
2-Moderately availed
4-least availed
Services
Frequency of availment
Remarks
Savings and time deposits
Credit
Consumer
Transport
Others, specify
6. Did the services you availed improve your socio-economic condition?
______ Yes
______ No
7. If yes, how did it improve your socio-economic condition?
______ Improved house
______ Increased assets
______Increased income from business
______Facilitate mobility to market / commercial city
______Others, specify _________________________________
8. If not, why?
______Loan is not enough for capital
______Loan was not used for intended purpose
______Others , specify __________________________________
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
40
III. Extent of Implementation of Cooperative Services
1. In your assessment, what is the extent of implementation of the different services of
the cooperative? (Pls. check)
Particulars
Credit
Consumer
Transport
Fully implemented
Moderately
implemented
Fairly implemented
Poorly implemented
2. In your assessment, what is the extent of patronage/availment of the different services
of the cooperative?
Particulars
Credit
Consumer
Transport
Fully patronage
Moderately
patronage
Fairly patronage
Poorly patronage
3. What do you think are the facilitating factors to the moderate or full implementation,
patronage/availment of the cooperative services?
_____ Low interest, no collateral on loans
_____ Fast process, not stringent loan procedure
_____ Loans according to fix deposits and credit standing
_____ Lower prices of consumer goods
_____ High patronage refund / interest on capital
_____ The only bus transport in town
_____ Others, specify_________________________________
4. In your opinion, what are the factors for the fair or poor implementation, patronage/
availment of the cooperative services?
______ Low and slow merchandise capital build up
______ High loan delinquency / Low repayment rate
______ Low turnover of merchandise
______ Presence of other stores in community
______ Schedules of bus sometimes cancelled due to road closer
or repairs
_______ Others, specify _________________________________
5. What are your recommendations to improve the services of the cooperative?
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
41
______ Improve capital build-up of members
______ Improve loan delinquency control, repayment
______ Inventory and sale of basic goods that is competitive
______ Monitoring of loan purposes
______ Ensure good condition of vehicle
______ Others, specify __________________________________
IV. Socio-economic impact of cooperatives
VARIABLES
BEFORE
AFTER
1. Social
Participation to cooperative activities
Participation to community activities
Others, specify
2. Economic
Increase in income
Expand business
Able to bring children to school
Improve house
Bought appliances
Others, specify
Scale:
1- low participation/improvement
2- moderate participation/improvement
3- high participation/improvement
A. Social
1. What are the social activities / programs offered by the cooperative to you as
members?
(Pls. check)
_____ General Assembly
_____ Training & Seminar
_____ Christmas Program
_____ Cleaning Program
_____ Lakbay-aral
_____Others, specify ________________________
2. Do you consider these activities contributory in improving your social attitude?
_____ Yes
_____ No
3. If yes, what activities / programs contribute most?
_____ General Assembly
_____ Training & Seminar
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
42
_____ Christmas Program
_____ Cleaning Program
_____ Lakbay-aral
_____Others, specify ________________________
4. How did it improve your social attitude?
_____ Develop self-confidence
_____ Improved managerial capabilities
_____ Improved knowledge about cooperative
_____ More acquaintances / camaraderie /
belongingness
_____Others, specify ________________________
B. Economic
1. What is the economic assistance you gained from being a member of the
cooperative?
_____ Financial Assistance
_____ Interest on share capital and savings
_____ Patronage refund
_____Others, specify ________________________
2. What are the indicators of progress through the help of cooperative in your present
condition?
_____ House improvement
_____ Purchased appliances
_____ Purchased house and lot
_____ Purchased farm implements
_____ Purchased agricultural land
_____ Children / household members sent to school
_____ Household members sent overseas (OFW)
_____Others, specify ________________________
3. What are the contributions of cooperative to the community?
_____ Road improvement
_____ Cemented pathways
_____ Construction of bridges
_____ Mobility
_____ Basic commodities at community level
_____ Others, specify _______________________
THANK YOU AND GOD BLESS!!!
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
43
APPENDIX C
Survey Questionnaire
(For the cooperative officers/staffs)
I. Respondents Profile
Name: _________________________________
Age: _________
Gender: __________ Civil Status: _________
(Please check the blanks provided for your answer)
Position in cooperative
____ Board of Directors
____ Committee member
____ General manager
____ Treasurer
____ Bookkeeper
____ Sales clerk
____ Driver
____ Conductor
Number of years as an officer / staff in the cooperative
____ 2 years
____ 3 years
____ 6 years
____ 8 years
____ 10 years
I. Services availed by members
1. What cooperative services availed by members?
____ Savings and Time Deposit
____ Credit Service
____ Consumer Service
____ Transport Service
____ Others, specify ______________________________
2. What purposes / reasons most indicated by members in availing such
services?
_____ For business capital
_____ To build house
_____ To purchase lot
_____ Tuition fee of children
_____ House improvement
_____ Hospitalization
_____ To have patronage refund
_____ Avail of lower prices of consumer goods
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
44
_____ Placement fee of OFW applicants
_____ Used to purchase basic commodities
_____ Others, specify _____________________________
3. Do you think the services mostly availed by members contributed to
improve their socio-economic condition?
_____ Yes
_____ No
4. If yes, how did it improve their socio-economic condition?
_____ Improved house
_____ Increased assets
_____ Increased income from business
_____ Facilitate mobility to market / commercial city
_____ Others, specify _____________________________
5. If not, why?
_____ Loan is not enough capital
_____ Loan was not used for intended purposes
_____ Others, specify _____________________________
III. Extent of Implementation of Cooperative Services
1. In your assessment, what is the extent of implementation of the different services of
the cooperative? (Pls. check)
Particulars
Credit
Consumer
Transport
Fully implemented
Moderately
implemented
Fairly implemented
Poorly implemented
2. In your assessment, what is the extent of patronage/availment of the different services
of the cooperative?
Particulars
Credit
Consumer
Transport
Full patronage
Moderate patronage
Fair patronage
Poor patronage
3. What do you think are facilitating factors to the moderate or full implementation,
patronage/availment of the services?
T5
_____ Low interest, no collateral on loans
_____ Fast process, not stringent loan procedure
_____ Loans according to fix deposits and credit
standing
_____ Lower prices of consumer goods
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
45
_____ High patronage refund / interest on capital
_____ The only bus transport in town
_____ Others, specify______________________________
4. In your opinion, what are the factors for the fair or poor implementation,
patronage/availment of the cooperative services?
______ Low and slow merchandise capital build up
______ High loan delinquency / Low repayment rate
______ Low turnover of merchandise
______ Presence of other stores in community
______ Schedules of bus sometimes cancelled due to
road closer or repair
______ Others, specify ___________________________
5. What are your recommendations to improve the services of the cooperative?
______ Improve capital build-up of members
______ Improve loan delinquency control, repayment
______ Inventory and sale of basic goods that is
competitive
______ Monitoring of loan purposes
______ Ensure good condition of vehicle
______ Others, specify ____________________________
IV. Socio-economic impact of cooperative
VARIABLES
BEFORE
AFTER
1. Social
Participation to cooperative activities
Participation to community activities
Others, specify
2. Economic
Increase in income
Expand business
Able to bring children to school
Improve house
Bought appliances
Others, specify
Scale:
1- low participation/improvement
2- moderate participation/improvement
3- high participation/improvement
A. Social
1. What are the social activities / programs of the cooperative? (Pls. check)
_____ General Assembly
_____ Training & Seminar
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
46
_____ Christmas Program
_____ Cleaning Program
_____ Lakbay-aral
_____Others, specify _______________________
2. What social activities most participated by members?
_____ General Assembly
_____ Training & Seminar
_____ Christmas Program
_____ Cleaning Program
_____ Lakbay-aral
_____ Others, specify _______________________
3. Are these activities and benefits offered by the cooperative contributory to the
improvement of the social capabilities of the members based on your observation?
_____ Yes
_____ No
4. What are the improvements you observed among your members since they
joined the cooperative?
_____ Develop self-confidence
_____ Improved managerial capabilities
_____ Improved knowledge about cooperative
_____ More acquaintances / camaraderie /
belongingness
_____Others, specify ________________________
B. Economic
1. What are the economic benefits offered by the cooperative to its
members?
_____ Financial Assistance
_____ Interest on share capital and savings
_____ Patronage refund
_____Others, specify ________________________
2. What are the contributions of the cooperative to the community?
_____ Road improvement
_____ Cemented pathways
_____ Construction of bridges
_____ Mobility
_____ Basic commodities / merchandise at
community level
_____Others, specify ________________________
THANK YOU AND GOD BLESS!!!
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
47
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
DANGLAY, GINA A. APRIL 2010. Socio-Economic Impact of Bakun Central
Multipurpose Cooperative to the Members and the Community. Benguet State
University, La Trinidad, Benguet.
Adviser: Jovita M. Sim, MSc.
ABSTRACT
This study was conducted to: identify the services / programs offered by the
cooperative to its members and to the community, identify the extent of implementation
of the different programs / services, and determine the contributions of the cooperative to
the socio-economic improvement of members and the community. The study was
conducted in Poblacion, Bakun, Benguet on December 2009.
A total of 50 respondents composed of the members of the Board of Directors,
core management staff, and members of the cooperative served as source of data for the
research. Data were gathered through personal interview with the aid of a questionnaire.
Data were analyzed using frequency analysis.
Majority of the respondents were middle aged, dominated by male members,
married, and had attended formal education. Most of the respondents were members in
the cooperative for more that 6 years. Most of the respondents were engaged in farming
as major source of income.
Respondents joined the cooperative to take part in any cooperative activity, to
avail loan and patronage refund and because they were encouraged by their friends and
relatives. The cooperative provides the following services: savings and time deposit,
credit services, consumer’s services and transport services. The most availed services by
the members were transport services, credit services, and consumers’ service. The least
availed service was the savings and time deposit. The reasons/purposes of the
respondents in availing cooperative services were: to have patronage refund, avail of
lower prices of consumer goods, loan to purchase basic commodities, loan for business
capital, tuition fee of children, for the improvement of house and hospitalization.
The respondents patronize the cooperative. The cooperative had improved the
socio-economic status of the members, their income increased due to the increase of
business capital. On the social status, self –confidence of the respondents was developed.
The different activities implemented by the cooperative have impact and had
contributed to the improvement on the social and economic status of the members.
The cooperative must develop a strategy to control loan delinquency such as
reminding regularly the borrowers about their loan, or employ a collector and continuous
education to officers and members and include values orientation training. Furthermore,
cooperative should motivate and imposed participation of members to the cooperative
activities especially activities that will improve the community.
ii
TABLE OF CONTENTS
Page
Bibliography . . . . . . . . . . . ….. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i
Abstract . . . . . . . . . . . . . . ….. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
iii
INTRODUCTION
Rationale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
Importance of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Statement of the Problem . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
Objectives of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
Scope and Delimitation of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
REVIEW OF LITERATURE
Socio-economic Impact . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
Impact of Cooperatives in Development . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
Contribution of Cooperative to Development . . . . . . . . . . . . . . . . . . . . . . . . .
6
METHODOLOGY
Locale and Time of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Respondents of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Data Gathering Method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Data Gathered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Data Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
iii
RESULTS AND DISCUSSION
Profile of Respondents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Source of Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
Purpose in Joining the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13
Cooperative Services Offered and Availed
by Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
Most Availed to Least Availed Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
Reasons/Purposes in Availing
Cooperative Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
Reasons in Buying Goods from the
Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
Number of Respondents Who Patronize
the Cooperative Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
Availment and Improvement on the Socio-
Economic Condition of Respondents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
Extent of Implementation of the Cooperative
Policies on Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
Extent of Patronage of the Cooperative Services . . . . . . . . . . . . . . . . . . . . . . .
20
Facilitating Factors to the Moderate/Full
Implementation and Patronage
of Cooperative Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21
Factors for the Fair/Poor Implementation and
Patronage of the Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22
Recommendation to Improve the Services of
the Cooperative. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23
Social Activities/Programs of the Cooperative . . . . . . . . . . . . . . . . . . . . . . . .
24
Social Activities Most Participated by Members. . . . . . . . . . . . . . . . . . . . . . .
24
Comment of Respondents if the Activities of the
Cooperative is Contributory to their
Social Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . .
25
iv
Improvements Observed Among Members since
they Joined the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26
Economic Benefits Offered by the Cooperative
to its Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26
Indicators of Progress through the Assistance
of the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27
Socio-Economic Impact of the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . .
28
Cooperative Contribution to the Community . . . . . . . . . . . . . . . . . . . . . . . . . .
29
SUMMARY, CONCLUSION AND RECOMMENDATION
Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
30
Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34
Recommendation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
35
LITERATURE CITED . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36
APPENDIX
A. Letter to the Respondent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
37
B. Survey Questionnaire (For Members) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
38
C. Survey Questionnaire (for Officers) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
43
v
INTRODUCTION
Rationale
Economic crisis is the major problem faced by our country, with this condition
people continue to secure stable source of income for better living, and continue to
discover how to uplift their lives. Cooperatives are important because of their versatility
and multiple purposes. They have been developed and they have flourished because of
their capacity to meet the needs of people in very diverse circumstances. Thus, at any
given time and in most societies, people can choose to use the cooperative model to meet
emerging needs. Today for example people around the world are using cooperatives to
provide services, notably social services that the state cannot provide or does not choose
to provide for example health services, some kinds of services for the elderly or for
people with disabilities. Others have started to use cooperatives model for production and
processing of organic food (Anonymous, 2001).
According to Pilas (2007), cooperative is known as “the bank of the common
man” because members secure loans from the cooperative at a lower interest rate
compared to the banks. It is also through cooperative that other countries achieve
economic progress. Cooperatives are usually organized and owned by low-income
people because they cannot compete with the rich in the acquisition and use of scarce
resources. The main concern for any cooperative is the advancement of socio-economic
welfare of its members through the provision of essential goods and services. It aims to
increase savings, investment, productivity, and purchasing power of its members.
Furthermore, cooperatives aim to maximize their economic benefits and to ensure the
equitable distribution of its net surplus for the members (Towang, 2002).
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
2
The Bakun Central Multipurpose Cooperative (BCMPC), just like all other
cooperatives hope to help their members uplift their social and economic status. The
BCMPC is located at Poblacion , Bakun , Benguet. It was first started as an association of
Mothers Organization formed by residents of central Bakun through Pastor Martin
Dulnuan. It started on February 4, 1989 with small groups of members as a consumer
store. Then on March 10, 1990 it was renamed as Bakun Consumers Cooperative.
Finally, it was registered to the CDA as Bakun Central Multipurpose Cooperative on
December 20, 1991 with original incorporators of 30. Record shows that as of 2008, the
total paid-up share capital was P 1,779,587.42 and a total asset of P 5,135,693.74.
The foregoing remarkable growth of the cooperative speaks well of the presence
of good cooperative leaders/officers, God fearing members, linkage with local
government and private firms, retention of interest on share capital and patronage refund
added to share capital, corporate culture: teamwork, discipline, honesty, integrity, and
code of ethics: trust and confidence among members, staff and officers.
It is therefore evident that members of cooperative can benefit from cooperative.
However, is there really an impact on the members and to the community? Thus, this
research therefore would look into the impact of the cooperative to the members and the
community.
Importance of the Study
To the cooperative, this study would serve as basis for the operation of the
cooperative. In addition, contribution of Bakun Central Multipurpose Cooperative could
be a motivation factor for others to join cooperatives.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
3
Individuals, agencies, community organizers, and organizations, who have
involvement in development of people-led organization, as well as students, could use the
result of this study.
Furthermore, it could also be used to construct models for successful cooperative
especially for rural areas.
Statement of the Problem
Several cooperatives had been organized and have been in existence in the
community for several years, yet the socio-economic impact of these cooperatives had
not been realized or evaluated.
The study intent to answer the following questions:
1. What are the services / programs offered by the cooperative to its members and
to the community?
2. What are the extents of implementation of the different program / services?
3. What are the contribution of the cooperative to the socio-economic
improvement of members and the community?
Objectives of the Study
The objectives of the study were to:
1. Identify the services / programs offered by the cooperative to its members and
to the community.
2. Identify the extent of implementation of the different programs / services.
3. Determine the contributions of the cooperative to the socio-economic
improvement of members and the community.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
4
Scope and Delimitation of the Study
The scope and coverage of this study were the socio-economic impact of Bakun
Central Multipurpose Cooperative (BCMPC) to the members and the community in the
last five years (2004-2008) on the three services namely credit, consumers, and transport.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
5
REVIEW OF LITERATURE
Socio-Economic Impact
From Broyles (2007), socio-economics is the study of relationship between
economic activity and social life. The field is often multidisciplinary, using theories and
methods from sociology, economics, history, and psychology. In many cases however,
socio-economics focus on the social impact of some sort of economic change. Such
changes might include a closing factory, market manipulation, the signing of the
international trade treaties, new natural gas regulation. Such social effects can be wide
ranging in size anywhere from local effects on a small community to changes to an entire
society.
Examples of socio-economic impacts include new technologies, such as cars or
mobile phones, changes in laws, changes in physical environment (such as increasing
crowding within cities) and ecological changes (such as prolonged drought or declining
fish stocks). These may affect patterns of consumption, the forced distribution of income
and wealth, the way in which people behave (both in terms of purchase decisions and the
way in which they choose to spend their time), and the overall quality of life. The goal of
socio-economic study is to bring about socio-economic development, usually in terms of
improvements of metrics such as GDP, life expectancy, literacy, levels of employment
(Broyles, 2007).
Impact of Cooperatives in Development
Cooperatives organized as business enterprises for the benefit of their members,
offer a model of enterprise that is particularly relevant in difficult economic times and
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
6
instances of market failures .As a self help group, a cooperative organization is widely
accessible, especially for the marginalized. Where private enterprise or government is
weak, particularly in remote rural areas, cooperatives enable local people to organize and
improve their conditions. Cooperatives promote and support entrepreneurial
development, creating productive employment, raising incomes and helping to reduce
poverty while enhancing social inclusion, social protection and community building.
Thus, while they benefit their members, they also offer positive externalities for the rest
of society and have a transform (Anonymous, 2009).
Cooperatives also provide opportunities for social inclusion. In the informal
economy, workers have formed shared service cooperatives and associations to assist in
their self-employment (Beroff, 2000).
In rural areas, savings and credit cooperatives provide access to banking services,
which are lacking in many communities. Credit cooperatives in financing the formation
of small and micro businesses; promote inclusive finance that the United Nations
envisages reaching the poor in a sustainable way (Smith and Ross, 2006).
In many countries, cooperatives and mutual benefit societies are substantial
providers of social protection, especially health coverage, and they operate as voluntary
community-based schemes. In some countries, they also participate in the management of
compulsory health insurance or provide services through the networks of health and
social activities (ICA, 2009).
Contributions of Cooperative to Development
Cooperatives contribute to reducing poverty by helping create and improve
income and employment opportunities. This has become crucial in a world economy too
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
7
often characterized by “jobless growth”, where the limited creation of formal
employment has led to a broad-based trend towards the growth of the informal sector.
Cooperatives in fact provide employment opportunities to around 100 million people and
benefit about 800 million members. I would like to emphasize the role of cooperatives in
the rural sector, where most of the poor in the world work.
Cooperatives have always played an important role in supporting and promoting
small and medium-size enterprises, in agriculture, but also in transport and handicrafts, to
mention just a few sectors. By organizing themselves into cooperatives, small and
medium-size producers have been able to obtain access to needed inputs and marketing
services that they could not have obtained on their own. Marketing services are especially
important for small and medium-size producers to establish themselves in both domestic
and international markets.
Credit unions currently provide affordable access to financial services to about 136
million members in 91 countries worldwide. An increasing number of credit unions
provide affordable remittance services, particularly to migrant workers. In addition to
credit services, cooperatives encourage voluntary savings among poor people.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
8
METHODOLOGY
Locale and Time of the Study
This study was conducted in Poblacion, Bakun, Benguet where Bakun Central
Multipurpose Cooperative is located. This was conducted on December 2009.
Respondents of the Study
The respondents of the study were the members of the Board of Directors, core
management staff, like the sales clerk, transport crew, and members of the Bakun Central
Multipurpose Cooperative.
A total enumeration was employed for the officers and management staffs of the
cooperative. A total of 50 member-respondents were chosen through simple random
method.
Data Gathering Method
Data gathering was done through personal interview with the aid of an interview
schedule.
Data Gathered
The primary data gathered from the respondents were the following: cooperative
services availed by members, extent of implementation of cooperative services, and the
contributions of cooperative to the improvement of the socio-economic condition of
members and the community.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
9
Data Analysis
The data and information gathered were interpreted according to the objectives of
the study. Data were tabulated analyzed using frequency counts, percentages and
descriptive analysis. Frequency analysis was employed in the analysis of variables.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
10
RESULTS AND DISCUSSION
Profile of Respondents
Table 1 presents the profile of the respondents as to their age, gender, civil status,
educational attainment and number of years of membership in the cooperative.
Age. Nineteen (32%) of the respondents were between the ages of 48-57 years old
followed by the age bracket of 38-47 (27%). Twenty five percent of the respondents
belonged to the age bracket 28-37, eight percent belonged to 18-27 years old and eight
percent belonged to 48-57 years old. This implies that most of the respondents were of
middle age.
Gender. Most of the respondents were male with 63% while the female was only
37%. This implies that members of the BCMPC were dominated by male.
Civil status. Majority (83%) of the respondents were married. Fifteen percent
were single and one respondent was widow. This implies that most married individual
are more interested in joining a cooperative, this maybe attributed to the services that a
cooperative may offer which may be needed by households..
Educational attainment. All the respondents had attended formal education. The
finding shows that most (41%) of the respondents reached college level, 32% had reached
secondary and 27% had reached the elementary level. This implies that most of the
members were literate, able to read and write, thus, it is not difficult to educate them on
the cooperative principles.
Number of years in cooperative membership. Number of years as members in the
cooperative by the respondents ranges from 1 to 20 years. As found, 28 of the
respondents or 46 % were members for 16-20 years, 9 (15%) were members for 11-15
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
11
years, 16 (27%) were members for 6-10 years and 7 (12%) were members for 1-5 years.
These findings signify that most of the respondents were members in the
cooperative for more that 6 years.
Table 1. Profile of respondents
PARTICULARS
FREQUENCY
PERCENTAGE
Age
18-27
5
8
28-37
15
25
38-47
16
27
48-57
19
32
58 and above
5
8
TOTAL
60
100
Gender
Male
38
63
Female
22
37
TOTAL
60
100
Civil Status
Married
50
83
Single
9
15
Widow
1
2
TOTAL
60
100
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
12
Table 1 continued…
PARTICULARS
FREQUENCY
PERCENTAGE
Educational Attainment
Elementary
16
27
High school
19
32
College
25
41
TOTAL
60
100
Number of years in
membership
1-5
7
12
6-10
16
27
11-15
9
15
16-20 yrs.
28
46
TOTAL
60
100
Source of Income
The location of the cooperative is a farming community, majority of the residents
are into farming. More than half of the respondents (53%) were engaged in farming as
major source of income, 33% were office employees either in private or government
agencies, 12% were skilled workers such as carpenter and laborer employed either in
private and government (Table 2).
The result shows that some of the respondents have more than one source of
income such as farming and employment.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
13
Table 2. Sources of income of the respondents
SOURCE OF INCOME
FREQUENCY
PERCENTAGE
Vegetable farming
32
53
Employment/work
20
33
Business
7
12
Wages as skilled laborers, carpenters
6
10
*Multiple responses
Purpose in Joining the Cooperative
Cooperatives purpose is to help the members in their livelihood and to provide
them with their needs such as goods at lower or reasonable prices and credit services. On
the other hand members also had their purpose of joining a cooperative. In this research,
it shows that on half (50%) of the respondents joined the cooperative to take part in any
cooperative activity, 41% mentioned to avail loan and patronage refund and 12%
mentioned that they joined the cooperative because they were encouraged by their friends
and relatives (Table 3)..
This implies that there are people who wanted to give or do something to the
cooperative as a provider like participating in any cooperative activities and thus their
knowledge are enriched and they will be supportive to the cooperative.
Table 3. Purpose in joining the cooperative
PURPOSE
FREQUENCY
PERCENTAGE
To avail loan and patronage refund
25
41
To take part in any coop activity
30
50
Encouragement by friends/relatives
7
12
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
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Cooperative Services Offered and
Availed by Members
The respondents mentioned that the cooperative provides the following services:
savings and time deposit, credit services, consumer’s services and transport services. On
the availment of these services (Table 4), the result shows that the cooperative services
most availed by the members were transport services (72%), credit services (68%),
consumers’ services (63%) and savings and time deposit (48%). The transport service
was most availed because the farmers used it to transport their vegetable to the trading
areas in La Trinidad. Credit services as source of capital in farming or even in the
purchase of goods and other needs.
Result implies that the members patronize cooperative services.
Most Availed to Least Availed Services
The finding in Table 5 confirms the result in Table 4. Result shows that the most
availed services of the cooperative by the respondents were the transport service with a
rating of 1 and the credit services with the same rating. Savings and time deposit and
consumer services were moderately availed by members.
Table 4. Cooperative services availed by members
SERVICES
FREQUENCY
PERCENTAGE
Savings and time deposit
29
48
Credit services
41
68
Consumer’s services
38
63
Transport services
43
72
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
15
Table 5. Most availed to least availed cooperative services
FREQUENCY
MEAN
SERVICES
1
2
3
4
Savings and time deposit
16
15
32
39
2
Credit services
31
29
17
9
1
Consumers’ services
24
38
20
8
2
Transport service
39
27
4
2
1
Legend:
1-most availed
2- moderately availed
3- fairly availed
4- least availed
Reasons/Purpose in Availing
Cooperative Services
Several reasons have been identified by the respondents in availing cooperative
services. The reasons/purposes of the respondents in availing such services were as
follows as shown in Table 6: to have patronage refund (60%), avail of lower prices of
consumer goods (45%), use to purchase basic commodities (43%), for business capital
(32%), tuition fee of children (23%), for the improvement of house (15%) and
hospitalization (15%). Other reasons mentioned were: to purchase lot (8%), to build a
house (7%), for placement fee of OFW applicants (3%) and for emergency purpose (3%).
Result shows that each member availed of the services of the cooperative with varied
reasons based on their needs.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
16
Table 6. Reason/purpose of availing the services of the cooperative
REASON/PURPOSE
FREQUENCY
PERCENTAGE
To have patronage refund
36
60
Avail of lower prices of consumer goods
27
45
Used to purchase basic commodities
26
43
For business capital
19
32
Tuition fee of children
14
23
House improvement
9
15
Hospitalization
9
15
To purchase lot
5
8
To build house
4
7
Placement fee of OFW applicants
2
3
For emergency purpose
2
3
*Multiple responses
Reasons in Buying Goods
from the Cooperative
The major reason of respondents in buying goods from the cooperative were to
help build the cooperative (60%) and to have patronage refund (57%). This implies that
the members are not only concern on the benefit they derived from the cooperative but
also thinking of how to build or strengthen the cooperative (Table 7). Other reasons were
lower price of consumer goods (45%) and they can buy in credit (20%). This implies that
most members buy their goods on the cooperative not only for their benefits but also for
the benefit of the cooperative.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
17
Number of Respondent Who Patronize the
Cooperative Services
Although a cooperative is organized to provide needs of its members, there are
still members who do not avail or patronize the cooperative especially consumer services.
In this research work, result shows that there were 7 (12%) of the respondents who do not
patronize the cooperative services and 53 (88%) of the respondents patronized the
cooperative services (Table 8). The reasons for not patronizing the cooperative as
mentioned by the respondents were because there members who transferred to another
place due to transfer of residence due to marriage and change of employment. There
were members who have their own stores, thus, they seldom patronize the consumer
cooperative services.
Table 7. Reasons in buying goods from the cooperative
PARTICULARS
FREQUENCY
PERCENTAGE
To help build the coop
36
60
To have patronage refund
34
57
Lower prices of consumer goods
27
45
Can buy on credit
12
20
* Multiple responses
Table 8. Number of respondents who patronize the cooperative services
PARTICULARS
FREQUENCY PERCENTAGE
Patronizing cooperative services
53
88
Not patronizing cooperative services
7
12
TOTAL
60
100
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
18
Availment and Improvement on the Socio-
Economic Condition of Respondents
Most organizations and cooperatives aimed to improve the socio-economic status
of members thereby contributing or improving also the socio-economic status of the
community where the cooperative/organization is located and in general contributing to
the economic development of the country. Out of the sixty member respondents, 51 or
85% believed that the cooperative had improved their socio-economic status, while 9 or
15% mentioned that the cooperative services did not improve their socio-economic status.
Evidences on the socio-economic contribution to the respondents were shown in
Table 9. The improvements on the socio-economic status of the members through the
services of the cooperative were as follows: facilitate mobility to market/commercial
City (52%) this is due to the transport services, increase income from business (38%),
increased assets (22%) and able to improved house (15%). The reason for not having an
improvement on the socio-economic status was because the loan was not used for
intended purpose and loan is not enough for capital.
Extent of Implementation of the Cooperative
Policies on Services
On the credit services, 42% of the respondents mentioned that it was moderately
implemented, 37% mentioned it was fully implemented while 18% believed that it is
fairly implemented (Table 10). Credit service was moderately implemented because in
granting a loan policies should be strictly implemented where it is based on the credit
standing and fix deposit, loans have low interest, no collateral on loan and despite of the
low interest, delinquencies still exist.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
19
Table 9. Number of respondents who availed of the services and socio-economic
contribution
PARTICULARS
FREQUENCY PERCENTAGE
Number of respondents who availed of services
Availed services improved socio-economic
51
85
status
Availed services did not improve socio-
9
15
economic status
TOTAL
60
100
Improvements on the socio-economic status
Facilitate mobility to market/commercial city
31
52
Increased income from business
23
38
Increased assets
13
22
Improved house
9
15
Reasons why services did not improve socio-
economic status
Loan is not enough for capital
2
3
Loan was not used for intended purpose
3
5
On consumer’s service, sixty percent of the respondents mentioned that it is
moderately implemented, 32% mentioned it is fully implemented, and 12% mentioned it
is fairly implemented. According to the respondents, consumer’s service was
moderately implemented because the prices of goods are lower than the other stores and
they can also avail patronage refund from the goods they bought. On the other hand,
other say it was fairly implemented because of the low turn over of merchandise, some
members do not pay their credit on time.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
20
Sixty two percent of the respondents mentioned that the transport service was
fully implemented, and 41% mentioned it was moderately implemented (Table 10). The
transport was fully and moderately implemented because this was maintained for it is the
only public utility bus servicing the area.
Extent of Patronage of the Cooperative Services
Table 11 shows the extent of patronage of the respondents to the different service
offered by the cooperative.
Among the services offered by the cooperative, the transport service was fully
patronized by 62% of the respondents. This is due to the importance of this facility to the
members, it is utilized in transporting the people and good and even their produce to the
trading centers. Forty seven percent moderately patronize, and 12% fairly patronize, these
were the respondents who have own vehicle.
Table 10. Perception of respondents on the implementation of cooperative policies on
services
PARTICULARS
CREDIT
CONSUMER
TRANSPORT
F
%
F
%
F
%
Fully implemented
22
37
19
32
37
62
Moderately
25
42
36
60
25
41
implemented
Fairly
11
18
7
12
implemented
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
21
On the credit services, majority (70%) of the respondents moderately patronizes
the service, 33% fully patronize and 13% fairly patronize. Factors that affect the degree
of patronizing the credit service depend on the needs for cash. This implies that most of
the members moderately patronize the credit service since it is where they can avail loan
and avail of a higher patronage refund.
Fifty percent of the respondents moderately patronize the consumer service, 37%
fully patronize and 17% fairly patronize. This result may be attributed to the reason that
some of the respondents own a sari-sari store, while others purchase their needs in La
Trinidad or Baguio City when they go and sell their produce. Others directly purchase
their needs in the market.
Facilitating Factors to the Moderate/Full
Implementation and Patronage of
Cooperative Service
Based on the findings the facilitating factors for the moderate/full implementation
and patronage of cooperative services were shown in Table 12. The amount of loan
approved was according to fix deposits and credit standing (48%), fast processing, not
stringent loan procedure (40%), low prices of consumer goods (32%), low interest, no
Table 11. Extent of patronage on the different services
PARTICULARS
CREDIT
CONSUMER
TRANSPORT
F
%
F.
%
F
%
Full patronage
20
33
22
37
37
62
Moderate patronage
42
70
30
50
28
47
Fair patronage
8
13
10
17
7
12
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
22
Table 12. Facilitating factors to the moderate/full patronage of cooperative services
FACILITATING FACTORS
FREQUENCY PERCENTAGE
Loans according to fix deposits and credit standing
29
48
Fast process, not stringent loan procedure
24
40
Lower prices of consumer goods
19
32
Low interest, no collateral on loans
14
23
High patronage refund/interest or capital
6
10
*Multiple responses
collateral on loans and high patronage refund/interest on capital (10%). The members
cannot loan amount that exceeds their fix deposits and if they have bad credit standing,
which means the members are delinquent, do not pay their loan on due date. Fast loan
processing facilitates full implementation of service as these factor motivate a member to
patronize a cooperative. No collateral of loan motivates also a member to patronize
cooperative loan service, however this is not good because there is not security on the
part of the cooperative.
Factors for the Fair/Poor Implementation and
Patronage of the Services
Most (67%) of the respondents as shown in Table 13, mentioned that the presence
of other stores in community was a factor for the fair/poor implementation and patronage
for the consumer service, more than half (53%) mentioned high loan delinquency/low
repayment rate, schedule of bus sometimes cancelled due to road closed or under repair
roads (43%), low and slow merchandize sales (32%) and low turn over of merchandize
(30%).
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
23
Recommendation to Improve the Services
of the Cooperative
Recommendations to improve the services of the cooperative are shown in Table
14. Sixty five percent of the respondents recommend that loan delinquency should be
controlled or should be improved; 47% suggested that loans also should be monitored if it
is really used for its purpose, and 40% suggested that inventory and sale of basic goods
that is competitive should be imposed. On the part of the transportation service, 33%
mentioned that the condition of vehicle should be ensured and 32% mentioned that
capital build-up of members should be improved.
Table 13. Factors for the fair/poor patronage of the services
FACTORS
FREQUENCY.
PERCENTAGE
Presence of other stores in community
40
67
High loan delinquency/low repayment rate
32
53
Schedule of bus sometimes cancelled due
26
43
to road close/repair
Low and slow merchandise
19
32
Low turn over of merchandise
18
30
*Multiple responses
Table 14. Recommendations to improve the cooperative services
PARTICULAR
FREQUENCY PERCENTAGE
Improve loan delinquency control/ repayment
39
65
Monitoring of loan purposes
28
47
Inventory and sales of basic goods that is
Competitive
24
40
Ensure good condition of vehicle
20
33
Improve capital build-up of members
19
32
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
24
Social Activities/Programs of the Cooperative
The respondents mentioned (Table 15) that the social activities/programs of the
cooperative were general assembly (85%), Christmas program (65%), lakbay-aral (58%),
training and seminar (41%), and cleaning program ( 35%). Death aid was also mentioned
by the officers as program of the cooperative.
Social Activities Most Participated by Members
The most participated social activity of the cooperative was the general assembly
(Table 16). This may be due to the fact that it is during this activity that the members
will be updated about the cooperative especially on financial matters. Fifty percent of the
respondent mentioned Christmas program, 45% mentioned the cleaning activities, 38%
mentioned training and seminar and 27% mentioned the lakbay-aral. These are the major
social activities of the cooperative and most participated by members.
Table 15. Social activities/programs of the cooperative
PARTICULARS
FREQUENCY
PERCENTAGE
General Assembly
51
85
Christmas program
39
65
Lakbay-aral
35
58
Training and seminar
25
41
Cleaning activities
21
35
Others: Death aid
2
3
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
25
Comment of Respondents if the Activities of the
Cooperative is Contributory to their
Social Status
Majority (83%) believed that the cooperative activities mentioned in Table 17
contributed to the improvement of their social status or attitude, while 5% believed that
those activities did not contribute in improving their social attitude. There were 12% of
the respondents who did not comment.
The result implies that the social activities implemented by the cooperative had
contributed to the improvement of social attitude of the members.
Table 16. Social activities most participated by the respondents
PARTICULARS
FREQUENCY
PERCENTAGE
General assembly
47
78
Christmas program
30
50
Cleaning activities
27
45
Trainings and seminar
23
38
Lakbay-aral
16
27
*Multiple responses
Table 17. Comments of respondents on the contribution of the cooperative to social
status
PARTICULARS
FREQUENCY
PERCENTAGE
Contributory in improving social attitude
50
83
Not contributory in improving social
3
5
attitude
Did not comment
7
12
TOTAL
60
100
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
26
Improvements Observed Among Members Since
they Joined the Cooperative
The finding shows that there were 47 or 78% of the respondents who had
improved knowledge about cooperative, 44 (73%) had developed self-confidence, 43
(72%) had more acquaintances/camaraderie, and there were 13 (22%) who had improved
managerial capabilities. According to the respondents the trainings and seminars and
lakbay-aral offered by the cooperative to members improved their knowledge and
managerial capabilities (Table 18). Self confidence was developed through exposure and
participation in the different programs of the cooperative, at the same time their
camaraderie to each other.
Economic Benefits Offered by the Cooperative
to its Members
Majority (83%) of the respondents mentioned that patronage refund was an
economic benefit offered by the cooperative, 82% mentioned that the interest on share
capital and saving is an economic benefit offered and 53% mentioned the financial
assistance offered by the cooperative is an economic benefit (Table 19).
Table 18. Improvements observed among members since they joined the cooperative
PARTICULAR
FREQUENCY
PERCENTAGE
Improved knowledge about cooperative
47
78
Develop self-confidence
44
73
More acquaintances/camaraderie
43
72
Improved managerial capabilities
13
22
* Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
27
Indicators of Progress through the Assistance
of the Cooperative
The respondents identified indicators of progress through the assistance of the
cooperative shown in Table 20. The result shows that 33% of the respondents had
improved their houses through the help of the cooperative services, 20% were able to
purchase farm implements, 15% were able to send their children/household members
school, 7% were able to purchase appliances, 3% were able to pay placement fee
household members who went overseas and 2% was able to purchase agricultural land.
This implies that after joining the cooperative the members had improvement on their
socio-economic conditions.
Table 19. Economic benefits offered by the cooperative to its members
PARTICULARS
FREQUENCY
PERCENTAGE
Financial assistance
32
53
Interest on share capital and savings
49
82
Patronage refund
50
83
*Multiple responses
Table 20. Indicators of progress through the assistance of the cooperative
PARTICULAR
FREQUENCY
PERCENTAGE
House improvement
20
33
Purchased farm implements
12
20
Children/household members sent to school
9
15
Purchased appliances
6
7
Household members sent overseas (OFW)
2
3
Purchased agricultural land
1
2
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
28
Socio-Economic Impact of the Cooperative
Based on the result, the respondents have low participation to coop activities and
community activities before they were not members of the coop but after joining the
cooperative, their social status improved and, that they moderately participate in the
activities. The economic impact stated by the respondents were low to moderate increase
in income, expansion of business, able to send children to school, improved house and
were able to buy appliances before joining the cooperative but had improved to high after
joining the cooperative (Table 21). This implies that cooperative had a great impact in
uplifting status of members both on social and economic status.
Table 21. Socio-economic impact of cooperative
PARTICULARS
BEFORE
AFTER
LOW MOD HIGH LOW MOD HIGH
(1)
(2)
(3)
(1)
(2)
(3)
Social
Participation to coop activities
27
17
3
45
12
Participation to community
22
20
1
49
9
activities
Economic
Increase in income
16
17
3
43
Expand business
15
8
4
38
Able to bring children to school 8
6
18
Improve house
14
4
25
Bought appliances
12
5
6
17
Social: 1 – Low
2 – Moderate
3 - High
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
29
Cooperative Contribution to the Community
Majority (95%) of the respondents mentioned that mobility through the transport
service of the cooperative. This service did not only benefit the members but also non-
members and other municipalities were the bus will pass. The passenger’s fare as well as
the baggage fare is controlled because the fare was agreed by the board so the conductors
cannot just add or collect higher fare than the one’s being agreed. The cooperative also
contributed to the road improvement (82%), basic commodities/merchandise are
available at community level (80%), and 32% mentioned that the cooperative have
cemented some pathways (Table 22).
The result implies that the cooperative does not only serve the members but also
the community especially for the transport since even the other municipalities can be
benefited like in delivery of their produce to the market.
Table 22. Cooperative contribution to the community
PARTICULARS
FREQUENCY
PERCENTAGE
Mobility
57
95
Road improvement
49
82
Basic commodities/merchandise at
48
80
Community level
Cemented pathways
19
32
*Multiple responses
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
30
SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
Summary
This study entitled “Socio-Economic Impact of Bakun Central Multi-Purpose
Cooperative to the Members and the Community“ was conducted to: identify the services
/ programs offered by the cooperative to its members and to the community, identify the
extent of implementation of the different programs / services, and determine the
contributions of the cooperative to the socio-economic improvement of members and the
community. The study was conducted in Poblacion, Bakun, Benguet where Bakun
Central Multipurpose Cooperative is located on December 2009.
A total of 50 respondents composed of the members of the Board of Directors,
core management staff, and member of the cooperative. like the sales clerk, transport
crew, and members cooperative served as source of data for the research. Data were
gathered through personal interview with the aid of a questionnaire. Data were analyzed
using frequency analysis.
Majority of the respondents were middle aged, dominated by male members,
majority were married, and had attended formal education. Most of the respondents were
members in the cooperative for more that 6 years.
Most of the respondents were engaged in farming as major source of income,
others were office employees either in private or government agencies, and were skilled
workers such as carpenter and laborer employed either in private and government.
Respondents joined the cooperative to take part in any cooperative activity, to
avail loan and patronage refund and because they were encouraged by their friends and
relatives. The cooperative provides the following services: savings and time deposit,
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
31
credit services, consumer’s services and transport services. The most availed services by
the members were transport services, credit services, and consumers’ service. . The least
service availed was the savings and time deposit. The reasons/purposes of the
respondents in availing cooperative services were: to have patronage refund, avail of
lower prices of consumer goods, loan to purchase basic commodities, loan for business
capital, tuition fee of children, for the improvement of house and hospitalization. Other
reason mentioned were: to purchase lot, to build a house, for placement fee of OFW
applicants and for emergency purpose. The major reason of respondents in buying goods
from the cooperative were to help build the cooperative and to have patronage refund.
Other reasons were lower price of consumer goods and they can buy in credit.
Majority of the respondents patronize the cooperative but there were seven
respondent who do not patronize the cooperative services because of the following: the
respondents had transferred to other places, and others have their own stores.
Majority of the respondents believed that the cooperative had improved their
socio-economic status. Evidences on the improvement of the socio-economic
contribution of the cooperative to the respondents were as follows: facilitate mobility to
market, this was due to the transport services, increased income from business, increased
assets and able to improved house . The reason for not having an improvement on the
socio-economic status was because the loan was not used for intended purpose and loan
is not enough for capital.
On the extent of implementation of the cooperative credit services, respondents
mentioned that it was moderately implemented to fully implemented because in granting
a loan policies should be strictly implemented where it is based on the credit standing and
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
32
fix deposit, loans have low interest, no collateral on loan and despite of the low interest,
delinquencies still exist. On consumer’s service, it was moderately implemented because
the prices of goods are lower than the other stores and they can also avail patronage
refund from the goods they bought. On the other hand, other say it was fairly
implemented because of the low turn over of merchandise, some members do not pay
their credit on time. The transport service was fully and moderately implemented because
this was maintained for it is the only public utility bus servicing the area.
On the extent of patronage of the cooperative services, the transport service was
fully patronized because of the importance of this facility to the members, it is utilized in
transporting the people and goods and even their produce to the trading centers. Most of
the members moderately patronize the credit service since it is where they can avail loan
and avail of a higher patronage refund. Fifty percent of the respondents moderately
patronize the consumer service, 37% fully patronize and 17% fairly patronize.
The facilitating factors for the moderate/full implementation and patronage of
cooperative services were: amount of loan approved was according to fix deposits and
credit standing, fast processing, not stringent loan procedure, low prices of consumer
goods, low interest, no collateral on loans and high patronage refund/interest on capital.
The respondents mentioned that the presence of other stores in community was a factor
for the fair/poor implementation and patronage for the consumer service, high loan
delinquency/low repayment rate with, schedule of bus sometimes cancelled due to road
closed or under repair roads, low and slow merchandize capital build-up, and low turn
over of merchandize.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
33
The respondents recommend that loan delinquency should be controlled or should
be improved, loans also should be monitored if it really used for its purpose, and the
inventory and sale of basic goods that is competitive should be imposed. On the part of
the transportation service, mentioned that the condition of vehicle should be maintained
and ensured. Capital build-up of members should be improved.
On the socio-economic impact of the cooperative, the respondents have low
participation to coop activities and community activities before they were not/new
members of the coop but after joining the cooperative, their social status improved, that
they moderately participate in the activities. The economic impact mentioned by the
respondents were low to moderate increase in income, expansion of business, able to
send children to school, improved house and were able to buy appliances before joining
the cooperative but had improved to high after joining the cooperative.
The social activities/programs of the cooperative were general assembly,
Christmas program, lakbay-aral, training and seminar, and cleaning activities. Majority
believed that the cooperative activities mentioned above contributed to the improvement
of their social status or attitude. The most participated social activities of the cooperative
was the general assembly. The finding shows that the activities of the cooperative had
improved the knowledge of respondents about cooperative, had developed self-
confidence, had more acquaintances/camaraderie, and for staff and officers had improved
managerial capabilities
Majority of the respondents mentioned that patronage refund was an economic
benefit offered by the cooperative, the interest on share capital and saving is an economic
benefit offered and the financial assistance.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
34
On the indicators of progress through the assistance of the cooperative, the
respondents identified; the improved houses through the help of the cooperative services,
able to purchase farm implements, able to send their children/household members school,
able to purchase appliances, able to pay placement fee of household members who went
overseas and able to purchase agricultural land. .
On the cooperative contribution to the community, the respondents mentioned
that mobility through the transport service of the cooperative, the cooperative also
contributed to the road improvement, basic commodities/merchandise are available at
community level, and the cooperative have cemented some pathways.
Conclusions
Based on the result, the following conclusions were drawn:
.
1. Respondents joined the cooperative to take part in any cooperative activity,
and to avail loan and patronage refund.
2. The cooperative provides the following services: savings and time deposit,
credit services, consumer’s services and transport services.
3. The most availed services by the members were transport services, credit
services, and consumers’ service and the least availed service was the savings and time
deposit.
4. The reasons/purposes of the respondents in availing cooperative services were:
to have patronage refund, avail of lower prices of consumer goods, loan to purchase basic
commodities, loan for business capital, tuition fee of children, and for the improvement
of house and hospitalization.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
35
5. The major reason of respondents in buying goods from the cooperative were to
help build the cooperative and to have patronage refund.
6. The respondents patronize the cooperative.
7. The cooperative had improved their socio-economic status of the members.
8. The extent of implementation of the cooperative services were fully to
moderately implemented.
9. The transport service was fully patronized, the credit and consumers services
were fully to moderately patronized. The savings and time deposit was fairly patronized
10. The loan approved was according to fix deposits and credit standing, fast
processing, not stringent loan procedure, low prices of consumer goods, low interest, no
collateral on loans and high patronage refund/interest on capital were the facilitating
factors for the moderate/full implementation and patronage of cooperative services.
11. The different activities implemented by the cooperative have impact and had
contributed to the improvement on the social and economic status of the members.
Recommendations
From the conclusion the following are recommended:
1. The cooperative must develop a strategy to control loan delinquency such as
reminding regularly the borrowers about their loan, or employ a collector, and continuous
education to officers and members and include values orientation training. A monitoring
scheme on the utilization of loans should be developed and employ to control loan
delinquency.
2. The cooperative should motivate and imposed participation of members to the
cooperative activities especially activities that will improve the community.
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
36
LITERATURE CITED
ANONYMOUS, 2001. British Columbia Institute for Cooperative Studies. Retrieved
September 12, 2009 from http://www.bcics.org/co-opstudies/importance
ANONYMOUS, 2009. Statistical Information on Mutual Insurances. Retrieved
September 11, 2009 from http:// aim-mutual. org/ uploads/ fmanager/
about_Mutuality/ en_pop_couverte_par_mutuelle_monde. pdf
BEROFF, V. M. 2000. A Comparative Analysis of Member-Based Microfinance
Institutions in East and West Africa. Retrieved September 11, 2009 from
http://www. copac. Coop / publications / un / a64132. pdf
BROYLES, B. F. 2007. Socioeconomics. Retrieved September 5, 2009 from http://
wikipedia. org/ wiki / Socioeconomics
INTERNATIONAL COOPERATIVE ALLIENCE, 2009. Statistical Information on
Mutual Insurances. Retrieved September 11, 2009 from http:// www. ica. Coop /
coop / statistics. html
PILAS, D. K. 2007. Profile of member-borrowers in the progressive citizen multi-
purpose cooperative at Abatan, Buguias, Benguet. BS Thesis. BSU, La Trinidad,
Benguet. P.4
SMITH, R.C. and ROSS, F.B. 2006. Organizing Out of Poverty. Retrieved September 12,
2009 from http:// www. copac. coop / publications / un /a64132e. pdf
TOWANG, R. P. 2002. Socio-economic contributions of Benguet Farmers Multi-
Purpose Cooperative to its members. BS Thesis. BSU, La Trinidad, Benguet. P.1
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
37
APPENDIX A
Letter to the Respondent
Republic of the Philippines
Benguet State University
College of Agriculture
DEPARTMENT OF AGRICULTURAL ECONOMICS AND
AGRIBUSINESS MANAGEMENT
December 2009
Sir/Madam;
Greetings!
I am Gina A. Danglay, an agribusiness student of Benguet State University majoring in
Cooperative Management. I am a graduating student, however I need to complete my
thesis as one of the requirement of my course. I am currently conducting my thesis
entitled “Socio-Economic Impact of Bakun Central Multipurpose Cooperative to the
Members and the Community”
In this connection, may I request your assistance by answering the attached questionnaire.
Rest assured that all data gathered will be held confidentially and it shall be used only to
serve the purpose of my study.
Thank you very much for your cooperation and God Bless.
Respectfully yours,
GINA A. DANGLAY
Noted:
JOVITA M. SIM
Adviser
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
38
APPENDIX B
Survey Questionnaire
(For the Members)
I. Profile of Respondents
Name: _______________________________________ Age: __________
Gender: ______________ Civil Status: ______________
Educational Attainment: (pls. check)
______Primary
______ Elementary
______ High School
______College
Number of Years in Cooperative Membership (pls. check)
______ 1-5 years
______ 6-10 years
______ 11-15 years
______ 16-20 years
Purpose in joining the cooperative (pls. check)
_______ To avail loan and patronage refund
_______ To take part in any cooperative activity
_______ Encouragement by friends / relatives
_______ Others, specify _________________________________
Sources of income (pls. check)
______Vegetable farming
______Employment / work
______Wages as skilled laborers, carpenters
______Business
______Others , specify ____________________________
II. Cooperative Services Availed by Members
1. What are the cooperative services / programs you availed from? (Pls. check)
______Savings and Time Deposit
______Credit Services
______Consumers Services
______Transport Services
______Others, specify ___________________________________
2.What are your reasons/purpose in availing such services?
______For business capital
______To build house
______To purchase lot
______Tuition fee of children
______House improvement
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
39
______Hospitalization
______Placement fee of OFW applicants
______Used to purchase basic commodities
______Others , specify __________________________________
3. What are your reasons in buying goods from the cooperative?
______Can buy on credit
______To have patronage refund
______Lower prices of consumer goods
______To help build the cooperative
______Others , specify __________________________________
4. Do you patronize the services of the cooperative?
______Yes
______ No
5. If yes, what services did you avail? Rank the services from the most availed to least
availed. 1- Most availed
3- Fairly availed
2-Moderately availed
4-least availed
Services
Frequency of availment
Remarks
Savings and time deposits
Credit
Consumer
Transport
Others, specify
6. Did the services you availed improve your socio-economic condition?
______ Yes
______ No
7. If yes, how did it improve your socio-economic condition?
______ Improved house
______ Increased assets
______Increased income from business
______Facilitate mobility to market / commercial city
______Others, specify _________________________________
8. If not, why?
______Loan is not enough for capital
______Loan was not used for intended purpose
______Others , specify __________________________________
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
40
III. Extent of Implementation of Cooperative Services
1. In your assessment, what is the extent of implementation of the different services of
the cooperative? (Pls. check)
Particulars
Credit
Consumer
Transport
Fully implemented
Moderately
implemented
Fairly implemented
Poorly implemented
2. In your assessment, what is the extent of patronage/availment of the different services
of the cooperative?
Particulars
Credit
Consumer
Transport
Fully patronage
Moderately
patronage
Fairly patronage
Poorly patronage
3. What do you think are the facilitating factors to the moderate or full implementation,
patronage/availment of the cooperative services?
_____ Low interest, no collateral on loans
_____ Fast process, not stringent loan procedure
_____ Loans according to fix deposits and credit standing
_____ Lower prices of consumer goods
_____ High patronage refund / interest on capital
_____ The only bus transport in town
_____ Others, specify_________________________________
4. In your opinion, what are the factors for the fair or poor implementation, patronage/
availment of the cooperative services?
______ Low and slow merchandise capital build up
______ High loan delinquency / Low repayment rate
______ Low turnover of merchandise
______ Presence of other stores in community
______ Schedules of bus sometimes cancelled due to road closer
or repairs
_______ Others, specify _________________________________
5. What are your recommendations to improve the services of the cooperative?
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
41
______ Improve capital build-up of members
______ Improve loan delinquency control, repayment
______ Inventory and sale of basic goods that is competitive
______ Monitoring of loan purposes
______ Ensure good condition of vehicle
______ Others, specify __________________________________
IV. Socio-economic impact of cooperatives
VARIABLES
BEFORE
AFTER
1. Social
Participation to cooperative activities
Participation to community activities
Others, specify
2. Economic
Increase in income
Expand business
Able to bring children to school
Improve house
Bought appliances
Others, specify
Scale:
1- low participation/improvement
2- moderate participation/improvement
3- high participation/improvement
A. Social
1. What are the social activities / programs offered by the cooperative to you as
members?
(Pls. check)
_____ General Assembly
_____ Training & Seminar
_____ Christmas Program
_____ Cleaning Program
_____ Lakbay-aral
_____Others, specify ________________________
2. Do you consider these activities contributory in improving your social attitude?
_____ Yes
_____ No
3. If yes, what activities / programs contribute most?
_____ General Assembly
_____ Training & Seminar
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
42
_____ Christmas Program
_____ Cleaning Program
_____ Lakbay-aral
_____Others, specify ________________________
4. How did it improve your social attitude?
_____ Develop self-confidence
_____ Improved managerial capabilities
_____ Improved knowledge about cooperative
_____ More acquaintances / camaraderie /
belongingness
_____Others, specify ________________________
B. Economic
1. What is the economic assistance you gained from being a member of the
cooperative?
_____ Financial Assistance
_____ Interest on share capital and savings
_____ Patronage refund
_____Others, specify ________________________
2. What are the indicators of progress through the help of cooperative in your present
condition?
_____ House improvement
_____ Purchased appliances
_____ Purchased house and lot
_____ Purchased farm implements
_____ Purchased agricultural land
_____ Children / household members sent to school
_____ Household members sent overseas (OFW)
_____Others, specify ________________________
3. What are the contributions of cooperative to the community?
_____ Road improvement
_____ Cemented pathways
_____ Construction of bridges
_____ Mobility
_____ Basic commodities at community level
_____ Others, specify _______________________
THANK YOU AND GOD BLESS!!!
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
43
APPENDIX C
Survey Questionnaire
(For the cooperative officers/staffs)
I. Respondents Profile
Name: _________________________________
Age: _________
Gender: __________ Civil Status: _________
(Please check the blanks provided for your answer)
Position in cooperative
____ Board of Directors
____ Committee member
____ General manager
____ Treasurer
____ Bookkeeper
____ Sales clerk
____ Driver
____ Conductor
Number of years as an officer / staff in the cooperative
____ 2 years
____ 3 years
____ 6 years
____ 8 years
____ 10 years
I. Services availed by members
1. What cooperative services availed by members?
____ Savings and Time Deposit
____ Credit Service
____ Consumer Service
____ Transport Service
____ Others, specify ______________________________
2. What purposes / reasons most indicated by members in availing such
services?
_____ For business capital
_____ To build house
_____ To purchase lot
_____ Tuition fee of children
_____ House improvement
_____ Hospitalization
_____ To have patronage refund
_____ Avail of lower prices of consumer goods
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
44
_____ Placement fee of OFW applicants
_____ Used to purchase basic commodities
_____ Others, specify _____________________________
3. Do you think the services mostly availed by members contributed to
improve their socio-economic condition?
_____ Yes
_____ No
4. If yes, how did it improve their socio-economic condition?
_____ Improved house
_____ Increased assets
_____ Increased income from business
_____ Facilitate mobility to market / commercial city
_____ Others, specify _____________________________
5. If not, why?
_____ Loan is not enough capital
_____ Loan was not used for intended purposes
_____ Others, specify _____________________________
III. Extent of Implementation of Cooperative Services
1. In your assessment, what is the extent of implementation of the different services of
the cooperative? (Pls. check)
Particulars
Credit
Consumer
Transport
Fully implemented
Moderately
implemented
Fairly implemented
Poorly implemented
2. In your assessment, what is the extent of patronage/availment of the different services
of the cooperative?
Particulars
Credit
Consumer
Transport
Full patronage
Moderate patronage
Fair patronage
Poor patronage
3. What do you think are facilitating factors to the moderate or full implementation,
patronage/availment of the services?
T5
_____ Low interest, no collateral on loans
_____ Fast process, not stringent loan procedure
_____ Loans according to fix deposits and credit
standing
_____ Lower prices of consumer goods
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
45
_____ High patronage refund / interest on capital
_____ The only bus transport in town
_____ Others, specify______________________________
4. In your opinion, what are the factors for the fair or poor implementation,
patronage/availment of the cooperative services?
______ Low and slow merchandise capital build up
______ High loan delinquency / Low repayment rate
______ Low turnover of merchandise
______ Presence of other stores in community
______ Schedules of bus sometimes cancelled due to
road closer or repair
______ Others, specify ___________________________
5. What are your recommendations to improve the services of the cooperative?
______ Improve capital build-up of members
______ Improve loan delinquency control, repayment
______ Inventory and sale of basic goods that is
competitive
______ Monitoring of loan purposes
______ Ensure good condition of vehicle
______ Others, specify ____________________________
IV. Socio-economic impact of cooperative
VARIABLES
BEFORE
AFTER
1. Social
Participation to cooperative activities
Participation to community activities
Others, specify
2. Economic
Increase in income
Expand business
Able to bring children to school
Improve house
Bought appliances
Others, specify
Scale:
1- low participation/improvement
2- moderate participation/improvement
3- high participation/improvement
A. Social
1. What are the social activities / programs of the cooperative? (Pls. check)
_____ General Assembly
_____ Training & Seminar
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
46
_____ Christmas Program
_____ Cleaning Program
_____ Lakbay-aral
_____Others, specify _______________________
2. What social activities most participated by members?
_____ General Assembly
_____ Training & Seminar
_____ Christmas Program
_____ Cleaning Program
_____ Lakbay-aral
_____ Others, specify _______________________
3. Are these activities and benefits offered by the cooperative contributory to the
improvement of the social capabilities of the members based on your observation?
_____ Yes
_____ No
4. What are the improvements you observed among your members since they
joined the cooperative?
_____ Develop self-confidence
_____ Improved managerial capabilities
_____ Improved knowledge about cooperative
_____ More acquaintances / camaraderie /
belongingness
_____Others, specify ________________________
B. Economic
1. What are the economic benefits offered by the cooperative to its
members?
_____ Financial Assistance
_____ Interest on share capital and savings
_____ Patronage refund
_____Others, specify ________________________
2. What are the contributions of the cooperative to the community?
_____ Road improvement
_____ Cemented pathways
_____ Construction of bridges
_____ Mobility
_____ Basic commodities / merchandise at
community level
_____Others, specify ________________________
THANK YOU AND GOD BLESS!!!
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
47
Socio-Economic Impact of Bakun Central Multipurpose Cooperative
to the Members and the Community / Gina A. Danglay. 2010
Document Outline
- Socio-Economic Impact of Bakun CentralMultipurpose Cooperative to the Members and the Community
- BIBLIOGRAPHY
- ABSTRACT
- TABLE OF CONTENTS
- INTRODUCTION
- Rationale
- Importance of the Study
- Statement of the Problem
- Objectives of the Study
- Scope and Delimitation of the Study
- REVIEW OF LITERATURE
- Socio-Economic Impact
- Impact of Cooperatives in Development
- Contributions of Cooperative to Development
- METHODOLOGY
- RESULTS AND DISCUSSION
- Profile of Respondents
- Source of Income
- Purpose in Joining the Cooperative
- Cooperative Services Offered andAvailed by Members
- Most Availed to Least Availed Services
- Reasons/Purpose in AvailingCooperative Services
- Reasons in Buying Goodsfrom the Cooperative
- Number of Respondent Who Patronize theCooperative Services
- Availment and Improvement on the Socio-Economic Condition of Respondents
- Extent of Implementation of the CooperativePolicies on Services
- Extent of Patronage of the Cooperative Services
- Facilitating Factors to the Moderate/FullImplementation and Patronage ofCooperative Service
- Factors for the Fair/Poor Implementation andPatronage of the Services
- Recommendation to Improve the Servicesof the Cooperative
- Social Activities/Programs of the Cooperative
- Social Activities Most Participated by Members
- Comment of Respondents if the Activities of theCooperative is Contributory to theirSocial Status
- Improvements Observed Among Members Sincethey Joined the Cooperative
- Economic Benefits Offered by the Cooperativeto its Members
- Indicators of Progress through the Assistanceof the Cooperative
- Socio-Economic Impact of the Cooperative
- Cooperative Contribution to the Community
- SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
- Summary
- Conclusions
- Recommendations
- LITERATURE CITED
- APPENDIX