BIBLIOGRAPHY MYRA T. DONGGA-AS....
BIBLIOGRAPHY
MYRA T. DONGGA-AS. MAY 2010. Socio-Economic Contribution of the
Bakun Farmers and Employees Multipurpose Cooperative to the Members. Benguet State
University, La Trinidad, Benguet.
Adviser: Jovita M. Sim, MSc.
ABSTRACT
This case study was conducted to determine the services of Bakun Farmers and
Employees Multipurpose Cooperative, to determine the socio-economic contributions of
the cooperative to its members, and to determine the problems encountered by members
in the availment of cooperative services.
This was conducted at Bakun Farmers end Employees Multipurpose
Cooperative were the members are residing. The respondents were the members of BFE-
MPC. Survey questionnaires were distributed to the respondents and after which a
personal interview was conducted to validate collected data.
Majority of the respondents were female, married, and had attained formal
education. Respondents joined the cooperative for the following reasons: to avail of its
services, gain or contribute knowledge on cooperativism, and to have access on the
various services of the cooperative. These services were savings deposit with higher
interest, loan with lower interest, and mutual aid. Majority of the members derived
economic and social benefits from these services. Majority of the respondents have not
encountered problems in availing cooperative services.
The cooperative should maintain its services to its members, extend more
project for the benefit of their members, encourage inactive members to participate
through continuous orientation and education and in order to sustain participation.
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TABLE OF CONTENTS
Page
Bibliography. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i
Abstract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
iii
INTRODUCTION
Rationale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
Statement of the Problem . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
Objectives of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Importance of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Scope and Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
REVIEW OF LITERATURE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
METHODOLOGY
Locale and Time of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Respondents of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Data Collection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Data Gathered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Data Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
RESULTS AND DISCUSSION
Profile of the Respondents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
Year of Membership in the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . .
13
Membership Category of Respondents
14
in the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
iii
Purpose in Joining the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
Service Availed by the Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
Contributions/Benefits Derived
17
by the Respondents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Uses of Loans Availed from the
19
Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Problems Encountered by the
19
Respondents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21
Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22
Recommendation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23
LITERATURE CITED . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24
APPENDIX
A. Survey Questionnaire . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
25
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INTRODUCTION
Rationale
The municipality of Bakun is known for its richness in natural resources.
Everybody then enjoy the scent of pine breeze brought by the pine trees that cover the
valley mountain of where the Barangay Ampusongan is located. This has been attraction
for multi-national since 1950’s.
Early years of 1970’s, a Timber concessionaries was establish in the area
whereby the employees came from the different places of the country bringing with them
different cultures and values. Despite such, the distinct and common practice that binds
them together was the pooling of resources to establish an employee consumer store that
caters to the day to day basic needs considering the scarcity of food in locality brought by
the difficulties inaccessibility of roads. The store was operated as informal cooperative
which has shown fruits not only to the member but also in the community where they
live.
In year 1980’s, inspired by the development being done by the employees store;
some local employees of the company led by late councilor Tirso Bayawa introduce the
spirit of cooperativeness among the employees of the municipality as a means of
responding to the basic needs for prime commodities brought by undeveloped road access
thus procurement of basic commodities from suppliers is scarsely done.
It took almost three years in the organizational stage before the so called Bakun
Farmers and Employees Consumers Cooperative Inc. (BFECC) was registered with the
Bureau of Cooperative Development of Agriculture (BCOD-DA) on January 11, 1983.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
2
There were 17 incorporators who had pledge fifty pesos (P50.00) each as initial share
capital to start the business. The area of operation includes all the barangays of the
municipality of Bakun and the first set of elected officers led by its Board of Director
Chairman Victor Bag-ayan, Agosto Donglal as the treasurer, the bookkeeper and the
salesclerk was Tita Gonaden. Led by former Mayor Belino Suni-en, the cooperative was
first housed at the basement of the old guest house.
During the first 5 years, membership has been increasing and the operation went
smoothly as they enjoy the benefits of membership. However, on the process, they were
not spared from some fallback process of development caused by inadequacy of internal
controls. These prompted the officers to subject the cooperative to external audit for the
first time. The first audited financial status as of December 31, 1987 showed that
members increased to 101 with the share capital of fifty eight thousand four hundred
sixty and ten centavos (P58,460.10) and a total asset of one hundred fifty one thousand
forty pesos and thirty five centavos (P151,040.35).
In year 1990, starts the booming of sales by more than a million and the sudden
increase in aspect due to the presences of increased costumers brought by the stand hydro
dam construction in the area by the METAPHIL Corporation. At the same year the coop
affiliated with the NORLU-CEDEC that is based in Baguio City on July 30, 1990.
In 1991, the cooperative was registered with the CDA-CAR. The cooperative
was also affiliated with the Bakun Development Center Inc. where they played an
important role during the rehabilitation period brought by the killer earthquake. The coop
source out for external loan to augment capital and thereby maintained stop level basic
commodities at all times.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
3
Year 1998, makes the 15 years of operation and a celebration for the cooperative
for expansion services, enhancement of systems and procedures and net working.
Through the leadership of Manager Teresita Balinggan, she proposed the expansion of
services to savings and credit and was duly approved by the general assembly. During the
implementation of fund generation through intensive savings mobilization and capital
build up for the establishment of a separate capital for the savings and credit program.
Further, the cooperative intensify their alliances with NORLU-CEDEC and the
Department of Agriculture where they source out soft loan of one hundred six thousand
pesos (P106,000.00) as additional working capital.
As of December 31, 2007 or 25 years of service, the cooperative is moving
stronger with a total assets of 3.11 million with a share capital contribution of 2.08
million from 325 members manage by dedicated and honest management staff and
officers.
With this success, it is deemed necessary to document the contribution of
cooperative to members and serve as a model for other cooperative.
Statement of the Problem
1. What are the services of the cooperative offered and availed by members.
2. What are the socio-economic contributions of the cooperative to its
members?
3. What are the problems encountered by members in the availment of
cooperative services?
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
4
Objectives of the Study
1. Determine the services of the cooperative availed by members.
2. Determine the socio-economic contributions of the cooperative to its
members.
3. Determine the problems encountered by members in the availment of
cooperative services.
Importance of the Study
Results of the study would provide information to the members and officers of
the cooperative as an input for making their plans and decisions to further improve their
services and to improve the operation of the cooperative.
Scope and Limitation
This study focused on the socio-economic contributions of the cooperative to its
members.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
5
REVIEW OF LITERATURE
Cooperatives are seen as a solution to help alleviate people from economic and
social difficulties. The word cooperative was derived from the French word “cooperari”
which means to work together (Dequit, 2003).
A cooperative defined by the International Co-operative Alliance Statement on
the Co-operative Identity as an autonomous association of persons united voluntary to
make their common economic, social and cultural needs and aspirations through a jointly
owned and democratically controlled enterprise. It is a business organization owned and
operated by a group of individual for their mutual benefit. A cooperative may also be
defined as a business owned and controlled equally by the people who use its services or
who work at it. Cooperative enterprises are the focus of study in the field of cooperative
economics. A cooperative are based also on the values of self-help, self- responsibility,
democracy, equality, equity and solidaritary. In the tradition of their founders,
cooperative members believe in the ethical values of honesty, openness, social
responsibility and caring for others (Wikipedia the free encyclopedia, 1999).
Cooperatives are socio-economic organizations: as social organization;
cooperatives promote better quality of life, as economic organizations; facilitate
redistributions of wealth. Cooperatives are considered institutions for economic growth
and development in our country especially in rural areas (Macli-ing, 2002).
A cooperative shall provide goods and services to its members and thus enable
them to attain increase income and savings, investments, productivity in purchasing
power and promote among them equitable distribution of net surplus through maximum
utilization of economies of scale cost sharing and risk-sharing (R.A. 9520).
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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The international cooperative alliance cited some characteristics of a cooperative
this are:
1. It is an organization of people for purposes of mutual assistance.
2. The members have a common bond of interest and at least one common
economic need.
3. It is founded on voluntarism wherein the officers and members serve with time,
treasure and talent without expecting high capitalistic gains.
4. The primary purpose of the business enterprise is to promote the socio-
economic welfare of the members. Service for non-members is purely incidental.
5. The success of the business enterprise is rated more on the adequacy of service
to members, less on the profits made.
6. The customers of the business are also the owners.
7. The members themselves through a democratic process manage it.
8. The financial result of operations is divided equitably among the members.
9. It belongs to a worldwide movement.
For a cooperative to be of true service to its members, it must understand their
basic needs. It demands patience, taking into accounts the cooperative, objectives
likewise the visions, and long-term goals, in the process of incorporating these as real
part of the member’s lives. Cooperatives, being institutional aid in increasing the income
and productivity of their members, are primarily concerned with human betterment and
advancement of people by improving life in the community. Desirable values are infused
to the members especially in the wise use of money to be self-reliant, likewise
demonstrate the importance of group cooperation in social awareness. Concepts on the
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
7
cooperative development program teaches members how to save, how to spend money
wisely, how to work together for common goal, to help others and build a better
community. Negative attitudes and values are reversed through continuous cooperative
education of members particularly on the policy of social commitment where the
development of human resources and the community goes hand and hand (Oyang, 2006).
In a cooperative, a portion of net savings is returned to the members in the form
of interest payments for their savings and share capital, and patronage refund for those
who patronized their cooperatives. Another is that the more a member borrows from his
cooperative, the higher patronage refund or dividend he gets. Successful cooperatives
have been responsible for the economic and social upliftment of poor people in all
countries (Fajardo, 1995).
Socio-economic is the study of the relationship between economic and social
life. The fields are often considered multidisciplinary using theories and methods from
sociology, economics, history, psychology and many others. It has many cases; however,
socio-economists focused on the social impact of some sort of economic change. Such
changes might include a closing factor, market manipulation; the social effects can be
wide ranging in size, anywhere from local effects on small to changes to an entire society
(Zeuli and Cropp, 2004).
Examples of causes of socio-economic impacts include new technologies such as
cars or mobile phones, changes in laws, changes in physical environment (such as
increasing crowding with in cities), in ecological changes (such as prolonged drought or
declining fish 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), in the
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
8
overall quality of life. Plany say socio-economic is a source and a branch of elementary
physics nevertheless these can further indirect effects on social attitudes and norms
(Howitt, 2003).
The goal of socio-economic is generally to bring about socio-economic
development, usually in terms of improvements in metrics such as GDP, life expectancy,
literacy, levels of employment etc (Wikipedia the free encyclopedia, 1999).
Although harder to measure, changes in less-tangible factors and also considered
such as personal dignity, freedom of association, personal safety and freedom from fear
of physical harm, and the extent of participation and civil society (Barr, 2004).
Socio-economic development is measured with indicators such as GDP, life and
level of employment. Changes in less-tangible factors are considered, such as personal
dignity, freedom of association, personal safety and freedom from fear of physical harm
and the extend of participation in civil society (Broyles, 2007).
Socio-economic contribution indicators are sustained employment in rural areas,
creation of critical mass of raw material supply, which will underpin a sustainable
industry such as a significant contribution to the attainment of Irelands greenhouse gas
emission target through the creation of carbon sink (Cowley, 2007).
Education training are essential to the success of business undertaking in
organization. In fact, evidence is growing that if organization are those in highly
competitive world and sometime maintain their democratic characteristics, they must
place increasing emphasis on the education of members and training of its personnel. The
nature and quality of their attitudes, values and institutions (Coyupan, 2003).
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
9
Definition of terms
Socio-economics - is the study of the relationship between economic activity and
social life.
Social - relating to the human beings living in society; living or organized in a
community.
Economics - is the science that deals with production, allocation and use of goods
and services. It is important to study how resource can best be distributed to meet the
need of greatest number of people.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
10
METHODOLOGY
Locale and Time of the Study
This study was conducted in seven Barangays of Bakun namely: Ampusongan,
Bagu, Dalipey, Gambang, Kayapa, Poblacion, and Sinacbat where the members of Bakun
Farmers Employees-Multi-purpose Cooperative were residing. The study was conducted
January to February 2010.
Respondents of the Study
The respondents of the study were the members and officers of BFE-MPC who
have been members for at least five years. Respondents were selected at random with the
total of fifty members.
Data Collection
Data were gathered through personal interview with the use of interview
schedule.
Data Gathered
The data gathered was the services offered and availed by the cooperative
member’s benefits derived by the members and community from the cooperative, reasons
in joining the cooperative and problems encountered by members in availing cooperative
services.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
11
Data Analysis
The data collected were analyzed and interpreted according to the objectives of
the study. Frequency analysis was used in analyzing data. Data were presented using
frequency counts, percentages and descriptive analysis.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
12
RESULTS AND DISCUSSION
Profile of the Respondents
Table 1 presents the profile of the respondents as to sex, educational attainment,
and occupation.
Sex. There were more female respondents than the male. Seventy-two percent
were female and twenty eight percent were male. This implies that the women in the area
were more active members of the Bakun Farmers Employee Multi-purpose Cooperative.
Educational attainment. Most (44%) of the respondents finished secondary
education 34% finished college and 20% finished elementary level. This implies that
respondents had attended formal education and thus were capable of understanding
cooperative rules, policies, and regulations.
Occupation. Majority (64%) of the respondents interviewed were farmers and
24% were government employees while the other respondents were laborer (6%),
pensioner (4%), and only one respondent indicated that he is a private employee.
Table 1. Profile of the respondents
PARTICULARS
FREQUENCY
PERCENTAGE
Gender
Male
14
28
Female
36
72
TOTAL
50
100
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
13
Table 1 continued…
PARTICULARS
FREQUENCY
PERCENTAGE
Educational attainment
Elementary
11
22
Secondary
22
44
College graduate
17
34
TOTAL
50
100
Occupation
Farmer
32
64
Government employee
12
24
Laborer
3
6
Pensioner
2
4
Private employee
1
2
TOTAL
50
100
Year of Membership in the Cooperative
Table 2 present that most (30%) of the respondents became members in 1992 to
1996 and 30% in 1997 to 2001. Twenty four percent of the respondents became members
in 2002 to 2010. This implies that the population of members had been increasing from
1983 to 2010. The same percentage of increase had been experienced from 1992 to 2001,
however, there was reduction on the of increase from 2002 to 2010.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
14
Membership Category of Respondents
in the Cooperative
Majority (56%) of the respondents were regular members of the cooperative and
forty four percent have joined as associate members as presented in Table 3. This implies
that majority of members were categorized as regular members and the cooperative is
accepting associate members.
Table 2. Distribution of respondents according to number of years as member
PARTICULARS
FREQUENCY
PERCENTAGE
1983-1991
12
24
1992-1996
15
30
1997-2001
15
30
2002-2010
8
16
TOTAL
50
100
Table 3. Distribution of respondents according to membership category
CATEGORY
FREQUENCY
PERCENTAGE
Regular
28
56
Associate
22
44
TOTAL
50
100
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
15
Purpose in Joining the Cooperative
As stated in Article 3, RA 6938, membership in cooperative should be voluntary,
thus, all the respondents in the study voluntarily joined the cooperative. However, each
respondent have his or her own reasons or purpose in joining the cooperative.
Table 4 presents the purpose of the respondents in joining the cooperative.
Majority of the respondents (96%) joined Bakun Farmers Employee Multi-purpose
cooperative because they want to be a member. Majority (75%) of the respondents
wanted to save, and still majority (74%) joined for easy access to credit because they
know cooperative provide credit services. On the other hand, 30% said that they could
easily deposit and withdraw their money from the cooperative. There were 14% from the
respondents who mentioned that through membership in the cooperative, they could share
their knowledge and skill to the cooperative and other cooperative members. Twelve
percent of the respondents wanted to gain knowledge on the cooperative through
trainings and seminars and only one respondent wanted to visit other places, through
lakbay-aral projects of the cooperative.
This result 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 widen/increased and thus, become more supportive to the
cooperative.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
16
Table 4. Distribution of respondents according to their purpose in joining the cooperative
PURPOSE IN JOINING
FREQUENCY
PERCENTAGE
Member
48
96
Save
38
75
Easy access to credit
37
74
Easy access to savings
15
30
Contribute knowledge to the coop.
7
14
Gain knowledge on cooperative
6
12
Visit other places
1
2
Services Availed by the Respondents
All the respondents had availed of the two major services offered by BFE-MPC:
these were savings and credit services as shown in Table 5.
One of the major services offered by the cooperative to their members was
providing loans. Majority (68%) of the respondents availed of the loan service with credit
amount ranging from P5,000 to P100,000, while 58% availed of the savings and time
deposits. Forty nine percent of the respondents mentioned that they have availed of the
credit loan once, while twenty percent had already availed twice. This result implies that
despite of their long pursed of membership the frequency of availing loan credit is low.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
17
Table 5. Distribution of respondent according to services availed and the number of times
they have availed
PARTICULARS
FREQUENCY
PERCENTAGE
Services Availed
Savings in time deposit
28
58
Credit loan
34
68
No. of times of credit loan availed
Once
24
48
Twice
10
20
Contributions/Benefits Derived
by the Respondents
The contributions/benefits derived by the members from the services of the
cooperative were categorized into social and economic contributions.
Economic contributions. Table 6 presents the economic contributions that the
respondents derived from availing the cooperative services. All the respondents got
patronage refund from the interest they paid and most (48%) of the respondents said that
interest on loan was low. Forty eight percent of the respondents also realized that
dividend or interest on share capital was an additional income. The contribution of these
to economic status of members were; the members were able to expand their business,
improved house, were able to send children to school and were able to buy appliances
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
18
and car. This implies that cooperative had great impact in uplifting economic status of
members.
Social contributions. Twenty-four percent of the respondents mentioned that they
benefited socially through improvement in social dealings with other people. An almost
equal number of respondents said that their leadership qualities were developed or
improved and other respondents were able to visit other places. Only one respondent
indicated that she acquired knowledge on bookkeeping (Table 7).
Table 6. Perceived economic contributions received from the services availed
PARTICULARS
FREQUENCY
PERCENTAGE
Patronage refund
50
100
Dividends for share capital
24
48
Credit at low interest
24
48
Higher interest for savings
17
34
Financial aid
17
34
Table 7. Distribution of respondents according to social contributions received from
services availed
PARTICULARS
FREQUENCY
PERCENTAGE
Improvement in social dealings
12
24
Developed leadership qualities
5
10
Able to visit other places
4
8
Acquired knowledge
1
2
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
19
Uses of Loans Availed from the Cooperative
Table 8 shows that among the 34 members who availed of the loan service,
twelve respondents mentioned that the loan was used for the education of their children.
Seven of the respondents used their loan for business expansion and eight for
improvement of their house. There were also respondents who said that they were able to
buy their own vehicle from the loans they got from the cooperative.
This finding implies that the loan provided by the cooperative was helped the
members uplift their economic and social conditions.
Problems Encountered by the Respondents
Table 9 presents that few of the respondents encountered problems in availing
cooperative services. Only 6% mentioned the delayed release of loan, 4% mentioned
difficulty in loan acquisition, and 2% mentioned inefficiency in the implementation of
rules or regulations.
This result implies that majority of the people in the organization follows and
implemented the rules and regulations.
Table 8. Distribution of respondents according to the utilization of loan availed
LOAN USES
FREQUENCY
PERCENTAGE
Education
12
24
House improvement
8
16
Capital to expand business
7
14
Purchase vehicle
2
4
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
20
Table 9. Distribution of respondents according to the problems encountered in availing
cooperative services
PARTICULARS
FREQUENCY
PERCENTAGE
Long release of loan
3
6
Difficulty in getting loan
2
4
Inefficiency in implementation of rules
1
2
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
21
SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
Summary
This study was conducted in seven Barangays of Bakun namely: Ampusongan,
Bagu, Gambang, Kayapa, Namagtey, Poblacion and Sinacbat where the members of
Bakun Farmers Employees Multi-purpose Cooperative were residing. This study was
conducted in order to identify the services availed by the members from the cooperative,
determine the contributions of the cooperative to the socio-economic improvement of
members, and determine the problems encountered by members in the availment of
cooperative services.
A survey questionnaire was used to gather information from members of the
cooperative. The data were tabulated and analyzed using frequency analysis.
Majority of the respondents were females, married, and had attained formal
education. Most of the respondents were engaged in farming as major source of income.
Some respondents were government and private employee, carpenter and laborer, and
pensioners. Respondents joined the cooperative voluntarily. The respondents joined BFE-
MPC because most of them wanted to be a member, to save, easy access to credit and
savings deposit, to contribute their knowledge and skills to the cooperative, as well as to
gain knowledge about cooperative.
The respondents availed cooperative services because most of them wanted to
have patronage refund, higher interest in savings, dividends for share capital, credit at
low interest, and for financial aid. Some respondents mentioned that they benefited
socially in the form of improvement in their camaraderie or social dealings with other
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
22
people, and others indicated that their leadership qualities were developed or improved,
and they were able to visit other places.
It was found that with the loans from the cooperative the members were able to
send their own children to school, expand their business and earn more income, improved
their house, and were able to purchase vehicle.
This study also found out that not all the respondents have encountered problems
in the availment of cooperative services.
Conclusion
Based from the findings of the study the following conclusions are made:
1. Majority of the respondents were female, married and were farmers.
2. Majority of the respondents became members during the year 1992-2001.
3. All of the respondents became members of the cooperative through voluntary
filing of membership.
4. Majority of the respondents joined the cooperative because they wanted to
be a member, to save, easy access to credit, easy access to savings deposit and to
contribute their knowledge and skills to the cooperative.
5. Majority of the respondents availed of the credit in savings deposit services.
6. Majority of the respondents perceived that they derived economic as well as
social contributions from the cooperative services they availed.
7. Majority of the respondents were able to send their own children to school.
Some respondents were able to expand their business, improve their house, and were able
to purchase vehicle.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
23
8. Majority of the respondents have not encountered problems in availing
cooperative services.
Recommendations
From the conclusion, it is recommended that:
1. The cooperative should maintain its services to its members, since they provide
various services to the members in the form of lending/credit, and savings deposit.
2. The cooperative should encourage the inactive members to participate in the
activities and encourage the non-members to join the cooperative in order to be benefited.
3. The cooperative should continue its operations, services, and expand more
projects for the benefit of their members.
4. Continuous education and orientation should be conducted to sustain active
participation of members.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
24
LITERATURE CITED
ANONYMOUS, 2001. Socio-economic. Retrieved November 28, 2007 from
http://wiktionary.org/wiki/socio-economic
BARR, N. 2004. Economics of the Welfare State. 4th edition. Oxford University
Press.
BROWLEYS, R. 2007. Socio-economics. Retrieved October 26, 2009 from
. http://www in wikipedia org./wiki/socio-economics
COWLEY, A. 2007. Socio-economics and Cultural Factors and the Research in socio-
economic Issues. Manila Publishing Company.
COYUPAN, A. 2007. Improving the Assessment of the Socio-economic Impact.
DEQUIT, F.J. 2003. Attitudes of members selected cooperative in La Trinidad, Benguet
towards borrowing and repaying of loans. BS Thesis, Benguet state
University, La Trinidad, Benguet.
ICA. 1995. International Cooperative Alliance.
FAJARDO, F. 2006. Entrepreneurship.
OYANG, J.P. 2006. Benefits derived by members from the service of Baguio Market
Vendors Multi-purpose Cooperative. BS Thesis, Benguet State University, La
Trinidad, Benguet.
REPUBLIC ACT. 9520. 2005. Cooperative Code of the Philippines.
ZEULI, K. and CROPP, R. 2004. Cooperative: Principles and Practices in the 21st
Century.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
25
APPENDIX A
Survey Questionnaire
(For Officers and Members)
I. Personal information
Name:________________________________________________________
Sex:__________________________________________________________
Educational Attainment
________primary
________secondary Elementary
________secondary
________college graduate
Source of income
________farmer
________laborer/ carpenter
________government employee
________others (specify)_________________________________________
II. Cooperative Membership
1.Number of years as member?______________________________________
Category as member: regular ______________________________________
associate ____________________________________
2. How did you become a member of BFEMPC?
_______voluntary joined the coop
_______influenced by others (Friends, neighbors, family members)
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
26
_______recruited by whom? (Please mention)________________________
_______others (specify) _________________________________________
3. Why did you join the cooperative?
_______to be a member
_______to save
_______to have easy access to credit
_______to have easy access to savings deposit
_______to have knowledge about cooperative through seminar and training
_______to be able to visit other places
_______to contribute my knowledge and skills in the cooperative
_______others (specify)_________________________________________
III. Services derived
1. What are the services of the cooperative that you have avail?
_______savings and time deposit services
_______credit/loan
_______others (specify)__________________________________________
2. What are the contributions did you derived from the cooperative?
a. Economic contributions
________higher interest for my savings
________credit at low interest rate
________financial aid
________others (specify) ______________________________________
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
27
b. Social contributions
_______improvement in my social dealing
_______acquired knowledge on (please mention)____________________
_______my leadership qualities was developed or improved
_______was able to visit other places because of cooperative field trips
_______others (Specify)_______________________________________
3. How did credit or loan from the cooperative help you?
_______to be able to increase/expand my business
_______to be able to send my children to school
_______to be able to improved my house
_______to be able to buy appliances
_______to be able to buy house and lot
_______to be able to buy car
IV. What are the problems you encountered in availing cooperative services?
_______difficulty in getting loans
_______long release of loan
_______inefficiency in prevention of rules and regulations and policies
_______others (specify)_________________________________________
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
MYRA T. DONGGA-AS. MAY 2010. Socio-Economic Contribution of the
Bakun Farmers and Employees Multipurpose Cooperative to the Members. Benguet State
University, La Trinidad, Benguet.
Adviser: Jovita M. Sim, MSc.
ABSTRACT
This case study was conducted to determine the services of Bakun Farmers and
Employees Multipurpose Cooperative, to determine the socio-economic contributions of
the cooperative to its members, and to determine the problems encountered by members
in the availment of cooperative services.
This was conducted at Bakun Farmers end Employees Multipurpose
Cooperative were the members are residing. The respondents were the members of BFE-
MPC. Survey questionnaires were distributed to the respondents and after which a
personal interview was conducted to validate collected data.
Majority of the respondents were female, married, and had attained formal
education. Respondents joined the cooperative for the following reasons: to avail of its
services, gain or contribute knowledge on cooperativism, and to have access on the
various services of the cooperative. These services were savings deposit with higher
interest, loan with lower interest, and mutual aid. Majority of the members derived
economic and social benefits from these services. Majority of the respondents have not
encountered problems in availing cooperative services.
The cooperative should maintain its services to its members, extend more
project for the benefit of their members, encourage inactive members to participate
through continuous orientation and education and in order to sustain participation.
ii
TABLE OF CONTENTS
Page
Bibliography. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i
Abstract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
iii
INTRODUCTION
Rationale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
Statement of the Problem . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
Objectives of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Importance of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
Scope and Limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
REVIEW OF LITERATURE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
METHODOLOGY
Locale and Time of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Respondents of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Data Collection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Data Gathered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Data Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
RESULTS AND DISCUSSION
Profile of the Respondents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
Year of Membership in the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . .
13
Membership Category of Respondents
14
in the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
iii
Purpose in Joining the Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
Service Availed by the Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
Contributions/Benefits Derived
17
by the Respondents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Uses of Loans Availed from the
19
Cooperative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Problems Encountered by the
19
Respondents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21
Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22
Recommendation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23
LITERATURE CITED . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24
APPENDIX
A. Survey Questionnaire . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
25
iv
INTRODUCTION
Rationale
The municipality of Bakun is known for its richness in natural resources.
Everybody then enjoy the scent of pine breeze brought by the pine trees that cover the
valley mountain of where the Barangay Ampusongan is located. This has been attraction
for multi-national since 1950’s.
Early years of 1970’s, a Timber concessionaries was establish in the area
whereby the employees came from the different places of the country bringing with them
different cultures and values. Despite such, the distinct and common practice that binds
them together was the pooling of resources to establish an employee consumer store that
caters to the day to day basic needs considering the scarcity of food in locality brought by
the difficulties inaccessibility of roads. The store was operated as informal cooperative
which has shown fruits not only to the member but also in the community where they
live.
In year 1980’s, inspired by the development being done by the employees store;
some local employees of the company led by late councilor Tirso Bayawa introduce the
spirit of cooperativeness among the employees of the municipality as a means of
responding to the basic needs for prime commodities brought by undeveloped road access
thus procurement of basic commodities from suppliers is scarsely done.
It took almost three years in the organizational stage before the so called Bakun
Farmers and Employees Consumers Cooperative Inc. (BFECC) was registered with the
Bureau of Cooperative Development of Agriculture (BCOD-DA) on January 11, 1983.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
2
There were 17 incorporators who had pledge fifty pesos (P50.00) each as initial share
capital to start the business. The area of operation includes all the barangays of the
municipality of Bakun and the first set of elected officers led by its Board of Director
Chairman Victor Bag-ayan, Agosto Donglal as the treasurer, the bookkeeper and the
salesclerk was Tita Gonaden. Led by former Mayor Belino Suni-en, the cooperative was
first housed at the basement of the old guest house.
During the first 5 years, membership has been increasing and the operation went
smoothly as they enjoy the benefits of membership. However, on the process, they were
not spared from some fallback process of development caused by inadequacy of internal
controls. These prompted the officers to subject the cooperative to external audit for the
first time. The first audited financial status as of December 31, 1987 showed that
members increased to 101 with the share capital of fifty eight thousand four hundred
sixty and ten centavos (P58,460.10) and a total asset of one hundred fifty one thousand
forty pesos and thirty five centavos (P151,040.35).
In year 1990, starts the booming of sales by more than a million and the sudden
increase in aspect due to the presences of increased costumers brought by the stand hydro
dam construction in the area by the METAPHIL Corporation. At the same year the coop
affiliated with the NORLU-CEDEC that is based in Baguio City on July 30, 1990.
In 1991, the cooperative was registered with the CDA-CAR. The cooperative
was also affiliated with the Bakun Development Center Inc. where they played an
important role during the rehabilitation period brought by the killer earthquake. The coop
source out for external loan to augment capital and thereby maintained stop level basic
commodities at all times.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
3
Year 1998, makes the 15 years of operation and a celebration for the cooperative
for expansion services, enhancement of systems and procedures and net working.
Through the leadership of Manager Teresita Balinggan, she proposed the expansion of
services to savings and credit and was duly approved by the general assembly. During the
implementation of fund generation through intensive savings mobilization and capital
build up for the establishment of a separate capital for the savings and credit program.
Further, the cooperative intensify their alliances with NORLU-CEDEC and the
Department of Agriculture where they source out soft loan of one hundred six thousand
pesos (P106,000.00) as additional working capital.
As of December 31, 2007 or 25 years of service, the cooperative is moving
stronger with a total assets of 3.11 million with a share capital contribution of 2.08
million from 325 members manage by dedicated and honest management staff and
officers.
With this success, it is deemed necessary to document the contribution of
cooperative to members and serve as a model for other cooperative.
Statement of the Problem
1. What are the services of the cooperative offered and availed by members.
2. What are the socio-economic contributions of the cooperative to its
members?
3. What are the problems encountered by members in the availment of
cooperative services?
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
4
Objectives of the Study
1. Determine the services of the cooperative availed by members.
2. Determine the socio-economic contributions of the cooperative to its
members.
3. Determine the problems encountered by members in the availment of
cooperative services.
Importance of the Study
Results of the study would provide information to the members and officers of
the cooperative as an input for making their plans and decisions to further improve their
services and to improve the operation of the cooperative.
Scope and Limitation
This study focused on the socio-economic contributions of the cooperative to its
members.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
5
REVIEW OF LITERATURE
Cooperatives are seen as a solution to help alleviate people from economic and
social difficulties. The word cooperative was derived from the French word “cooperari”
which means to work together (Dequit, 2003).
A cooperative defined by the International Co-operative Alliance Statement on
the Co-operative Identity as an autonomous association of persons united voluntary to
make their common economic, social and cultural needs and aspirations through a jointly
owned and democratically controlled enterprise. It is a business organization owned and
operated by a group of individual for their mutual benefit. A cooperative may also be
defined as a business owned and controlled equally by the people who use its services or
who work at it. Cooperative enterprises are the focus of study in the field of cooperative
economics. A cooperative are based also on the values of self-help, self- responsibility,
democracy, equality, equity and solidaritary. In the tradition of their founders,
cooperative members believe in the ethical values of honesty, openness, social
responsibility and caring for others (Wikipedia the free encyclopedia, 1999).
Cooperatives are socio-economic organizations: as social organization;
cooperatives promote better quality of life, as economic organizations; facilitate
redistributions of wealth. Cooperatives are considered institutions for economic growth
and development in our country especially in rural areas (Macli-ing, 2002).
A cooperative shall provide goods and services to its members and thus enable
them to attain increase income and savings, investments, productivity in purchasing
power and promote among them equitable distribution of net surplus through maximum
utilization of economies of scale cost sharing and risk-sharing (R.A. 9520).
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
6
The international cooperative alliance cited some characteristics of a cooperative
this are:
1. It is an organization of people for purposes of mutual assistance.
2. The members have a common bond of interest and at least one common
economic need.
3. It is founded on voluntarism wherein the officers and members serve with time,
treasure and talent without expecting high capitalistic gains.
4. The primary purpose of the business enterprise is to promote the socio-
economic welfare of the members. Service for non-members is purely incidental.
5. The success of the business enterprise is rated more on the adequacy of service
to members, less on the profits made.
6. The customers of the business are also the owners.
7. The members themselves through a democratic process manage it.
8. The financial result of operations is divided equitably among the members.
9. It belongs to a worldwide movement.
For a cooperative to be of true service to its members, it must understand their
basic needs. It demands patience, taking into accounts the cooperative, objectives
likewise the visions, and long-term goals, in the process of incorporating these as real
part of the member’s lives. Cooperatives, being institutional aid in increasing the income
and productivity of their members, are primarily concerned with human betterment and
advancement of people by improving life in the community. Desirable values are infused
to the members especially in the wise use of money to be self-reliant, likewise
demonstrate the importance of group cooperation in social awareness. Concepts on the
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
7
cooperative development program teaches members how to save, how to spend money
wisely, how to work together for common goal, to help others and build a better
community. Negative attitudes and values are reversed through continuous cooperative
education of members particularly on the policy of social commitment where the
development of human resources and the community goes hand and hand (Oyang, 2006).
In a cooperative, a portion of net savings is returned to the members in the form
of interest payments for their savings and share capital, and patronage refund for those
who patronized their cooperatives. Another is that the more a member borrows from his
cooperative, the higher patronage refund or dividend he gets. Successful cooperatives
have been responsible for the economic and social upliftment of poor people in all
countries (Fajardo, 1995).
Socio-economic is the study of the relationship between economic and social
life. The fields are often considered multidisciplinary using theories and methods from
sociology, economics, history, psychology and many others. It has many cases; however,
socio-economists focused on the social impact of some sort of economic change. Such
changes might include a closing factor, market manipulation; the social effects can be
wide ranging in size, anywhere from local effects on small to changes to an entire society
(Zeuli and Cropp, 2004).
Examples of causes of socio-economic impacts include new technologies such as
cars or mobile phones, changes in laws, changes in physical environment (such as
increasing crowding with in cities), in ecological changes (such as prolonged drought or
declining fish 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), in the
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
8
overall quality of life. Plany say socio-economic is a source and a branch of elementary
physics nevertheless these can further indirect effects on social attitudes and norms
(Howitt, 2003).
The goal of socio-economic is generally to bring about socio-economic
development, usually in terms of improvements in metrics such as GDP, life expectancy,
literacy, levels of employment etc (Wikipedia the free encyclopedia, 1999).
Although harder to measure, changes in less-tangible factors and also considered
such as personal dignity, freedom of association, personal safety and freedom from fear
of physical harm, and the extent of participation and civil society (Barr, 2004).
Socio-economic development is measured with indicators such as GDP, life and
level of employment. Changes in less-tangible factors are considered, such as personal
dignity, freedom of association, personal safety and freedom from fear of physical harm
and the extend of participation in civil society (Broyles, 2007).
Socio-economic contribution indicators are sustained employment in rural areas,
creation of critical mass of raw material supply, which will underpin a sustainable
industry such as a significant contribution to the attainment of Irelands greenhouse gas
emission target through the creation of carbon sink (Cowley, 2007).
Education training are essential to the success of business undertaking in
organization. In fact, evidence is growing that if organization are those in highly
competitive world and sometime maintain their democratic characteristics, they must
place increasing emphasis on the education of members and training of its personnel. The
nature and quality of their attitudes, values and institutions (Coyupan, 2003).
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
9
Definition of terms
Socio-economics - is the study of the relationship between economic activity and
social life.
Social - relating to the human beings living in society; living or organized in a
community.
Economics - is the science that deals with production, allocation and use of goods
and services. It is important to study how resource can best be distributed to meet the
need of greatest number of people.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
10
METHODOLOGY
Locale and Time of the Study
This study was conducted in seven Barangays of Bakun namely: Ampusongan,
Bagu, Dalipey, Gambang, Kayapa, Poblacion, and Sinacbat where the members of Bakun
Farmers Employees-Multi-purpose Cooperative were residing. The study was conducted
January to February 2010.
Respondents of the Study
The respondents of the study were the members and officers of BFE-MPC who
have been members for at least five years. Respondents were selected at random with the
total of fifty members.
Data Collection
Data were gathered through personal interview with the use of interview
schedule.
Data Gathered
The data gathered was the services offered and availed by the cooperative
member’s benefits derived by the members and community from the cooperative, reasons
in joining the cooperative and problems encountered by members in availing cooperative
services.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
11
Data Analysis
The data collected were analyzed and interpreted according to the objectives of
the study. Frequency analysis was used in analyzing data. Data were presented using
frequency counts, percentages and descriptive analysis.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
12
RESULTS AND DISCUSSION
Profile of the Respondents
Table 1 presents the profile of the respondents as to sex, educational attainment,
and occupation.
Sex. There were more female respondents than the male. Seventy-two percent
were female and twenty eight percent were male. This implies that the women in the area
were more active members of the Bakun Farmers Employee Multi-purpose Cooperative.
Educational attainment. Most (44%) of the respondents finished secondary
education 34% finished college and 20% finished elementary level. This implies that
respondents had attended formal education and thus were capable of understanding
cooperative rules, policies, and regulations.
Occupation. Majority (64%) of the respondents interviewed were farmers and
24% were government employees while the other respondents were laborer (6%),
pensioner (4%), and only one respondent indicated that he is a private employee.
Table 1. Profile of the respondents
PARTICULARS
FREQUENCY
PERCENTAGE
Gender
Male
14
28
Female
36
72
TOTAL
50
100
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
13
Table 1 continued…
PARTICULARS
FREQUENCY
PERCENTAGE
Educational attainment
Elementary
11
22
Secondary
22
44
College graduate
17
34
TOTAL
50
100
Occupation
Farmer
32
64
Government employee
12
24
Laborer
3
6
Pensioner
2
4
Private employee
1
2
TOTAL
50
100
Year of Membership in the Cooperative
Table 2 present that most (30%) of the respondents became members in 1992 to
1996 and 30% in 1997 to 2001. Twenty four percent of the respondents became members
in 2002 to 2010. This implies that the population of members had been increasing from
1983 to 2010. The same percentage of increase had been experienced from 1992 to 2001,
however, there was reduction on the of increase from 2002 to 2010.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
14
Membership Category of Respondents
in the Cooperative
Majority (56%) of the respondents were regular members of the cooperative and
forty four percent have joined as associate members as presented in Table 3. This implies
that majority of members were categorized as regular members and the cooperative is
accepting associate members.
Table 2. Distribution of respondents according to number of years as member
PARTICULARS
FREQUENCY
PERCENTAGE
1983-1991
12
24
1992-1996
15
30
1997-2001
15
30
2002-2010
8
16
TOTAL
50
100
Table 3. Distribution of respondents according to membership category
CATEGORY
FREQUENCY
PERCENTAGE
Regular
28
56
Associate
22
44
TOTAL
50
100
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
15
Purpose in Joining the Cooperative
As stated in Article 3, RA 6938, membership in cooperative should be voluntary,
thus, all the respondents in the study voluntarily joined the cooperative. However, each
respondent have his or her own reasons or purpose in joining the cooperative.
Table 4 presents the purpose of the respondents in joining the cooperative.
Majority of the respondents (96%) joined Bakun Farmers Employee Multi-purpose
cooperative because they want to be a member. Majority (75%) of the respondents
wanted to save, and still majority (74%) joined for easy access to credit because they
know cooperative provide credit services. On the other hand, 30% said that they could
easily deposit and withdraw their money from the cooperative. There were 14% from the
respondents who mentioned that through membership in the cooperative, they could share
their knowledge and skill to the cooperative and other cooperative members. Twelve
percent of the respondents wanted to gain knowledge on the cooperative through
trainings and seminars and only one respondent wanted to visit other places, through
lakbay-aral projects of the cooperative.
This result 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 widen/increased and thus, become more supportive to the
cooperative.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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Table 4. Distribution of respondents according to their purpose in joining the cooperative
PURPOSE IN JOINING
FREQUENCY
PERCENTAGE
Member
48
96
Save
38
75
Easy access to credit
37
74
Easy access to savings
15
30
Contribute knowledge to the coop.
7
14
Gain knowledge on cooperative
6
12
Visit other places
1
2
Services Availed by the Respondents
All the respondents had availed of the two major services offered by BFE-MPC:
these were savings and credit services as shown in Table 5.
One of the major services offered by the cooperative to their members was
providing loans. Majority (68%) of the respondents availed of the loan service with credit
amount ranging from P5,000 to P100,000, while 58% availed of the savings and time
deposits. Forty nine percent of the respondents mentioned that they have availed of the
credit loan once, while twenty percent had already availed twice. This result implies that
despite of their long pursed of membership the frequency of availing loan credit is low.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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Table 5. Distribution of respondent according to services availed and the number of times
they have availed
PARTICULARS
FREQUENCY
PERCENTAGE
Services Availed
Savings in time deposit
28
58
Credit loan
34
68
No. of times of credit loan availed
Once
24
48
Twice
10
20
Contributions/Benefits Derived
by the Respondents
The contributions/benefits derived by the members from the services of the
cooperative were categorized into social and economic contributions.
Economic contributions. Table 6 presents the economic contributions that the
respondents derived from availing the cooperative services. All the respondents got
patronage refund from the interest they paid and most (48%) of the respondents said that
interest on loan was low. Forty eight percent of the respondents also realized that
dividend or interest on share capital was an additional income. The contribution of these
to economic status of members were; the members were able to expand their business,
improved house, were able to send children to school and were able to buy appliances
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
18
and car. This implies that cooperative had great impact in uplifting economic status of
members.
Social contributions. Twenty-four percent of the respondents mentioned that they
benefited socially through improvement in social dealings with other people. An almost
equal number of respondents said that their leadership qualities were developed or
improved and other respondents were able to visit other places. Only one respondent
indicated that she acquired knowledge on bookkeeping (Table 7).
Table 6. Perceived economic contributions received from the services availed
PARTICULARS
FREQUENCY
PERCENTAGE
Patronage refund
50
100
Dividends for share capital
24
48
Credit at low interest
24
48
Higher interest for savings
17
34
Financial aid
17
34
Table 7. Distribution of respondents according to social contributions received from
services availed
PARTICULARS
FREQUENCY
PERCENTAGE
Improvement in social dealings
12
24
Developed leadership qualities
5
10
Able to visit other places
4
8
Acquired knowledge
1
2
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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Uses of Loans Availed from the Cooperative
Table 8 shows that among the 34 members who availed of the loan service,
twelve respondents mentioned that the loan was used for the education of their children.
Seven of the respondents used their loan for business expansion and eight for
improvement of their house. There were also respondents who said that they were able to
buy their own vehicle from the loans they got from the cooperative.
This finding implies that the loan provided by the cooperative was helped the
members uplift their economic and social conditions.
Problems Encountered by the Respondents
Table 9 presents that few of the respondents encountered problems in availing
cooperative services. Only 6% mentioned the delayed release of loan, 4% mentioned
difficulty in loan acquisition, and 2% mentioned inefficiency in the implementation of
rules or regulations.
This result implies that majority of the people in the organization follows and
implemented the rules and regulations.
Table 8. Distribution of respondents according to the utilization of loan availed
LOAN USES
FREQUENCY
PERCENTAGE
Education
12
24
House improvement
8
16
Capital to expand business
7
14
Purchase vehicle
2
4
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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Table 9. Distribution of respondents according to the problems encountered in availing
cooperative services
PARTICULARS
FREQUENCY
PERCENTAGE
Long release of loan
3
6
Difficulty in getting loan
2
4
Inefficiency in implementation of rules
1
2
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
Summary
This study was conducted in seven Barangays of Bakun namely: Ampusongan,
Bagu, Gambang, Kayapa, Namagtey, Poblacion and Sinacbat where the members of
Bakun Farmers Employees Multi-purpose Cooperative were residing. This study was
conducted in order to identify the services availed by the members from the cooperative,
determine the contributions of the cooperative to the socio-economic improvement of
members, and determine the problems encountered by members in the availment of
cooperative services.
A survey questionnaire was used to gather information from members of the
cooperative. The data were tabulated and analyzed using frequency analysis.
Majority of the respondents were females, married, and had attained formal
education. Most of the respondents were engaged in farming as major source of income.
Some respondents were government and private employee, carpenter and laborer, and
pensioners. Respondents joined the cooperative voluntarily. The respondents joined BFE-
MPC because most of them wanted to be a member, to save, easy access to credit and
savings deposit, to contribute their knowledge and skills to the cooperative, as well as to
gain knowledge about cooperative.
The respondents availed cooperative services because most of them wanted to
have patronage refund, higher interest in savings, dividends for share capital, credit at
low interest, and for financial aid. Some respondents mentioned that they benefited
socially in the form of improvement in their camaraderie or social dealings with other
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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people, and others indicated that their leadership qualities were developed or improved,
and they were able to visit other places.
It was found that with the loans from the cooperative the members were able to
send their own children to school, expand their business and earn more income, improved
their house, and were able to purchase vehicle.
This study also found out that not all the respondents have encountered problems
in the availment of cooperative services.
Conclusion
Based from the findings of the study the following conclusions are made:
1. Majority of the respondents were female, married and were farmers.
2. Majority of the respondents became members during the year 1992-2001.
3. All of the respondents became members of the cooperative through voluntary
filing of membership.
4. Majority of the respondents joined the cooperative because they wanted to
be a member, to save, easy access to credit, easy access to savings deposit and to
contribute their knowledge and skills to the cooperative.
5. Majority of the respondents availed of the credit in savings deposit services.
6. Majority of the respondents perceived that they derived economic as well as
social contributions from the cooperative services they availed.
7. Majority of the respondents were able to send their own children to school.
Some respondents were able to expand their business, improve their house, and were able
to purchase vehicle.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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8. Majority of the respondents have not encountered problems in availing
cooperative services.
Recommendations
From the conclusion, it is recommended that:
1. The cooperative should maintain its services to its members, since they provide
various services to the members in the form of lending/credit, and savings deposit.
2. The cooperative should encourage the inactive members to participate in the
activities and encourage the non-members to join the cooperative in order to be benefited.
3. The cooperative should continue its operations, services, and expand more
projects for the benefit of their members.
4. Continuous education and orientation should be conducted to sustain active
participation of members.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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LITERATURE CITED
ANONYMOUS, 2001. Socio-economic. Retrieved November 28, 2007 from
http://wiktionary.org/wiki/socio-economic
BARR, N. 2004. Economics of the Welfare State. 4th edition. Oxford University
Press.
BROWLEYS, R. 2007. Socio-economics. Retrieved October 26, 2009 from
. http://www in wikipedia org./wiki/socio-economics
COWLEY, A. 2007. Socio-economics and Cultural Factors and the Research in socio-
economic Issues. Manila Publishing Company.
COYUPAN, A. 2007. Improving the Assessment of the Socio-economic Impact.
DEQUIT, F.J. 2003. Attitudes of members selected cooperative in La Trinidad, Benguet
towards borrowing and repaying of loans. BS Thesis, Benguet state
University, La Trinidad, Benguet.
ICA. 1995. International Cooperative Alliance.
FAJARDO, F. 2006. Entrepreneurship.
OYANG, J.P. 2006. Benefits derived by members from the service of Baguio Market
Vendors Multi-purpose Cooperative. BS Thesis, Benguet State University, La
Trinidad, Benguet.
REPUBLIC ACT. 9520. 2005. Cooperative Code of the Philippines.
ZEULI, K. and CROPP, R. 2004. Cooperative: Principles and Practices in the 21st
Century.
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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APPENDIX A
Survey Questionnaire
(For Officers and Members)
I. Personal information
Name:________________________________________________________
Sex:__________________________________________________________
Educational Attainment
________primary
________secondary Elementary
________secondary
________college graduate
Source of income
________farmer
________laborer/ carpenter
________government employee
________others (specify)_________________________________________
II. Cooperative Membership
1.Number of years as member?______________________________________
Category as member: regular ______________________________________
associate ____________________________________
2. How did you become a member of BFEMPC?
_______voluntary joined the coop
_______influenced by others (Friends, neighbors, family members)
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
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_______recruited by whom? (Please mention)________________________
_______others (specify) _________________________________________
3. Why did you join the cooperative?
_______to be a member
_______to save
_______to have easy access to credit
_______to have easy access to savings deposit
_______to have knowledge about cooperative through seminar and training
_______to be able to visit other places
_______to contribute my knowledge and skills in the cooperative
_______others (specify)_________________________________________
III. Services derived
1. What are the services of the cooperative that you have avail?
_______savings and time deposit services
_______credit/loan
_______others (specify)__________________________________________
2. What are the contributions did you derived from the cooperative?
a. Economic contributions
________higher interest for my savings
________credit at low interest rate
________financial aid
________others (specify) ______________________________________
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
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b. Social contributions
_______improvement in my social dealing
_______acquired knowledge on (please mention)____________________
_______my leadership qualities was developed or improved
_______was able to visit other places because of cooperative field trips
_______others (Specify)_______________________________________
3. How did credit or loan from the cooperative help you?
_______to be able to increase/expand my business
_______to be able to send my children to school
_______to be able to improved my house
_______to be able to buy appliances
_______to be able to buy house and lot
_______to be able to buy car
IV. What are the problems you encountered in availing cooperative services?
_______difficulty in getting loans
_______long release of loan
_______inefficiency in prevention of rules and regulations and policies
_______others (specify)_________________________________________
Socio-Economic Contribution of the Bakun Farmers and Employees Multipurpose
Cooperative to the Members / Myra T. Dongga-As. 2010
Document Outline
- Socio-Economic Contribution of theBakun Farmers and Employees Multipurpose Cooperative to the Members
- BIBLIOGRAPHY
- ABSTRACT
- TABLE OF CONTENTS
- INTRODUCTION
- REVIEW OF LITERATURE
- METHODOLOGY
- RESULTS AND DISCUSSION
- Profile of the Respondents
- Year of Membership in the Cooperative
- Membership Category of Respondentsin the Cooperative
- Purpose in Joining the Cooperative
- Services Availed by the Respondents
- Contributions/Benefits Derivedby the Respondents
- Uses of Loans Availed from the Cooperative
- Problems Encountered by the Respondents
- SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
- LITERATURE CITED
- APPENDIX