ECONOMIC SURVEY OF
Casimiro Village Phase 3 Multipurpose Cooperative (CV3MC)
To be able to generate funds to invest in service facilities for the members’ quality of life and operate these money-making service facilities to sustain the upgraded lifestyle of the village are the major aims for organizing the cooperative. It will be offering a credit facility to Casimiro Village Phase 3 Homeowners through CV3 Homeowners Association to fund future special projects that would allow progressive living to the community including those who are not financially able. It wll also coordinate with the government and investors for joint projects that would provide or promote safety, good health, security advancement and prosperity to the general community
There’s no other cooperative in the village or nearby location that is helping the development of Casimiro Village Phase 3. The shortage in the pay parking areas in the community creates friction among neighbors. There’s no such facility yet that ever existed inside the village aside from the one initiated by CV3HAI. Most drivers just park at public places at first come first served basis which is also causing an eye sore to the community. Repair of public areas like roads and walls were funded by some of the homeowners because others can’t afford or not willing to contribute. Casimiro Development Corporation already ceased developing the village eversince. Therefore there’s a crucial need to gather investments the purpose of constructing and maintaining service facilities so that all homeowners can benefit from them and the financial contributors will not be forever burdened. The planned facilities such as pay parking facilities, guard house reconstruction, basketball court enhancement and club house development are badly needed to sustain the village’s operational expenses. The existence of the cooperative that will be funding and managing these projects will be more efficient when its legally recognized. Investments can be officially recorded and credited to worthy investors in due time thus protecting the interests of both contributing and non-contributing homeowners.
I. GENERAL INFORMATION
A. Type of Cooperative:
___*_Credit _____Producer ___*_Service _____Consumer _____Marketing
_____MPC _____Advocacy_____ARC ______Coop Bank _____Dairy
_____Education_____Electric _____ FSC ________Fishermen _____ Health Service
B. Office Address of Cooperative: Block 1, Lot 10, Macopa st., Casimiro Vllage Phase 3 BF International, Las Pinas City
C. Area of Operation: __*_Barangay _____Municipal/City _____Provincial
D. Common Bond of Membership: ___*__Residential _____Institutional
E. Composition of Members:
_____Farmers _____Indigenous Community _____Youth
_____Fisherfolks _____Disabled _____Women
_____ARB’s _____Rebel Returnees _____OFW’s
_____Workers/Employees __*__Others (Specify): Casimiro Village Phase 3 Homeowners, their relatives and associates
F. No. of Founding/Organizing Members: __20_
G. Projected Increase of Membership for:
First Year : _____10______
Second Year : ___10______
Third Year : ____20______
H. Authorized Capital P_____1 M_____________
Subscribed Capital P_____600,000_________
Paid-up Capital P_____200,000_________
Par value P_____1,000____
I. Is the proposed cooperative previously Registered with? : SEC____ DOLE_____
___*___ Others, specify: Majority of the founding members are members of CV3HAI or Casimiro Vllage Phase 3 Homeowners Association registered under HLURB but Casimiro Village Phase 3 Multipurpose Cooperative was never registered before with any legal bodies.
II. STRATEGIC OPERATIONAL STUDIES
A. Economic Aspect
1. Are there any other existing cooperative/s within your proposed area of operation that provide the same goods/services which the cooperative plans to offer? If yes, please state the name/s of such cooperative/s: No.
2. What strategies the cooperative shall implement to ensure the support of the members?
___*___Commitment on lending policies
___*___Active participation in cooperative affairs
___*___Others (please specify): Immediate payment of the 10,000 Pesos initial investment.
3. Are you intending to transact business with
a) members only__ b) members and non-members _*_
4. What business activities the Cooperative plans to undertake during the first three years of its operation:
First Year : Generation of Funds for village’s guard house through the Cooperative’s Credit Facility and first phase of Pay Parking
Facility near the village’s entrance
Second Year : Pay Parking Facility (2nd Phase at the Club House area)
and Improve Basket Ball Court or construct a Covered
Court for sports and other activities
Third Year : Club House Facility and Amenities (party, seminar or
meeting venues) ____________________________________________________________
B. Financial Aspect
a. In pursuing its economic activities, how shall the Cooperative generate its capital?
__*__Share Capital Subscription
__*__Deferred payment of patronage refund/interest on share capital (Revolving Capital)
__*__Acquisition of Loans/borrowings
__*__Solicitation/acceptance of donations, subsidies, grants, etc.
__*__Fund raising activities
b. How much is the Cooperative’s initial operating capital? __Php 200,000
c. Strategies for internal capital build-up. Collection of mnmum 10,000 Pesos investment.
Projected revenue based on the initial operating capital.
First Year : 150,000 _______________________________________________.
Second Year : 360,000_______________________________________________.
Third Year : 480,000_______________________________________________.
How much is the estimated expenses, for:
First Year : 75,000______________________________________________.
Second Year : 180,000______________________________________________.
Third Year : 240,000
Does the Cooperative intend to invest in the following?
______Cooperative bank _____Mutual
___*__Joint ventures _____Others(specify) Service Facilities
C. Technical Aspect
What equipment/machineries/facilities are deemed necessary for the effective and efficient operation of the Cooperative? (please check)
______Typewriter ______Medical Instruments
___*__Chairs ______Farm Equipment
___*__Calculator ______Post Harvest Equipment
______Vault/Safe ______Solar Dryer
___*__Filing Cabinet ______Fishing Equipment
2. How would the Cooperative procure its equipment/machineries/facilities?
______Cash purchase Other mode/s (specify) _______________
What skills/experiences/trainings are deemed necessary for the operation of its equipment/machineries/facilities?
– Customer Service Training
– Understanding the Cooperative System Training
Organizational Structure/(attached organizational chart)
1. What qualifications/skills the Board of Directors should possess to enable them to formulate sound policies, strategies and guidelines which would ensure the success of the Cooperative?
– Have concrete concern for the communty by being a bonafide homeowner or trusted substitute homeowner, relative or associate
– Professonal in his or her own field
– Knowledgeable with the Cooperative system through CDA training completion
2. For its initial operations, who among the following officers/employees should be hired by the Cooperative.
POSITION, NAME, STATUS OF APPOINTMENT, MINIMUM EDUCATION,
EXPERIENCE/TRAINING, MONTHLY COMPENSATION
Manager:Flaviano Alvarez – Volunteer – Retired Electrical Engineer – None Accountant: Epitacia Alvarez – Volunteer – Retired CPA – None
Treasurer: Aida Manalastas – Volunteer – Retired Nurse – None
Secretary: Elena Grace Flores – Volunteer -Web Technology Project Manager – None
Day Collector: To be Hired – Contractual – Elementary graduate – 3,000 allowance plus tips
Night Collector: To be Hired – Contractual – Elementary graduate – 3,000 allowance plus tips
3. What are the Cooperative’s education programs for:
a) Members: Training _________________________________________________________
b) Officers: Information/Reference __________________________________________________________
c) Staff: Skills Building _____________________________________________________________
4. Who are the Chairmen and members of the following committees?
a) Audit : Chairwoman – Josie Ocampo
Members: Yolanda Manalo, Kanya Gladys May T. Luardo
b) Credit: Chairman – Alex Malonjao
Members: Oscar M. Cifra, Eduardo Launio, Sr.
c) Election: Chairwoman – Liza Sto. Tomas
Members: Arturo P. Ocampo, Nini Masilungan
d) Education & Training: Chairwoman – Rose Root
Members: Sithikohn F. Thaworn, Esperanza Cifra
e) Mediation/Conciliation: Chairman – Nicanor Layola
Members: Rodel Corton, Jose E. Magajes
We, the Founding Board of Directors, hereby certify that the foregoing Economic Survey was prepared in accordance with the facts, information and other data we believed vital to the success of the initial operations of the Cooperative.
Subscribed and sworn to before me this _______ day of _________, 201___ in _______________, Philippines above affiants exhibiting to me their valid proof of identity:
NOTE: The CDA reserves the right to review/verify the authenticity/viability of the information provided in this survey and may require the proponent to modify, revise or amend the whole or any part thereof if necessary, or, if found to be economically unfeasible, deny the registration of the Cooperative.