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Economic Survey Sample


welcome By: Elena Grace Flores
ECONOMIC SURVEY for Casimiro Village Phase 3 Multipurpose Cooperative

I.    GENERAL INFORMATION

a.    Proposed Name: Casimiro Village Phase 3 Multi-Purpose Cooperative (CV3MC)
b.    Type of Cooperative: Multi-purpose Cooperative
c.    Field of Membership: Residential/members are residing or working in Casimiro Village Phase 3
d.    Address of Cooperative: Block 1, Lot 10, Macopa St., Casimiro Village Phase 3, BF International, Las Pinas City
e.    No. of Original Member: 20 Cooperators
f.    Projected Increase in Membership for the:

1st Year : Additional 10 members
2nd Year: Additional 10 members
3rd Year: Additional 20 members

II.  PURPOSE OF THE COOPERATIVE:

A.    General Purpose:
1.    Generate funding to invest in service facilities for the members’ quality of life
2.    Manage these service facilities to sustain the upgraded lifestyle of the village

B.    Secondary Purposes:
1.    Offer 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 especially those who are financially burdened.
2.    Coordinate with the government for joint projects that would provide or promote safety, good health, security and prosperity to the general community

C.    Proposed Business Activities (State goods/products/services to be offered by the proposed cooperative:
1.    Generation of Funds
2.    Pay Parking Facilities
3.    Improve Basket Ball Court or construct a Covered Court for sports and other activities
4.    Club House Facility and Amenities (party, seminar or meeting venues)

III. ECONOMIC AND TECHNICAL ASPECTS OF BUSINESS OPERATIONS:

a.    Are there any other entities (such as cooperatives) within your proposed area that offer the same goods/services offered by your proposed cooperative?  If so, state how many and what is the total volume of business they generate.

There’s no other cooperative in the village or nearby that is helping CV3. There’s shortage in the pay parking areas in the community that creates friction among neighbors. There’s no such facility yet that ever existed inside the village aside from the one reserved for. 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. Therefore the need to make investments for this purpose so that all homeowners can benefit from the public facilities and the contributors will not be forever burdened.

b.    How many employees and where will the cooperative get the personnel required to administer business operation of the cooperative
The General Manager, treasurer and secretary will render voluntary services without compensation. 2 parking/collection staff are needed in a shifting basis for one parking facility – unemployed or out of school youth above the age of 21 in nearby CAA community can fill in these posts

c.    What machineries/equipment will be required for the business operation of the cooperative?

1.    CCTV for Security

d.    Do the officers/employees/members need any special training for the business operations of the cooperative? If so, what?
1. Customer Service Training

2. Understanding the Cooperative System Training

e.     Given the present situation in your proposed area, explain how the proposed cooperative will succeed in its operations.
The great need for the planned facilities is already there. 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 officers and contributors.

IV. FINANCIAL ASPECTS:

a.    Where and how will the cooperative obtain its operating capital?  State whether contributions/loans/donations/grants.
Capital will be contributed by the members but a developer who is also a member will initially fund the major construction plans on a revenue – sharing basis. Capital is mainly from contributions.
b.    How much may the cooperative earn during the first year of business operation? Projected gross revenue is 30,000 Pesos per month. Operational expenses will be at 15,000 Pesos per month. 30% of the projected 15,000 Pesos net revenue per month:  22,500 Pesos for the first year (5 months only until Dec 2014). The 70% of the net revenue will be returned to the financer.
c.    In its second Year? 54,000 Pesos
d.    Third Year? 108,000 Pesos (doubled ifor the 2 phases of parking facilities)
e.    How much will the Cooperative require for its operating expenses in the First Year?
First Year?    _______15,000 Pesos per month X   5 =     Php 75000
Second Year?    _______15,000 Pesos per month X 12 =     Php 180,000
Third Year?    _______20,000 Pesos per month X 12 =     Php 240,000
f.    Does the Cooperative intend to have capital investment?  If so, state what capital investments and when such will be realized.

Capital investment will be needed for the 2nd phase of the pay parking facility. The cooperative will come up with 200,000 Pesos worth of investment for the bigger pay parking facility near the Club House area. This will be contributed by the members with some financial assistance from the member-developer.

V.  MANAGEMENT STRUCTURE:

a.    Who will be designated to manage the day-to-day operations of the Cooperative?
The General Manager will be on top of the day to day management operations of the Cooperative together with the Treasurer and Secretary.
b.    Will the members be required to deposit their services with the cooperative?
No but they are required to attend meetings, vote for future directions and participate in community activities.
c.    How many persons will comprise the Board of Directors of the Cooperative?
5 active directors and total of 20 cooperators
d.    What will be the role of the Board of Directors?
Conceptualize policies and evaluate their implementation.
e.    Will the cooperative have an Audit Committee?    __ YES
f.    Will the Cooperative have a Credit Committee?    __ YES
g.    Will the Cooperative hire an Accountant/Bookkeeper?__ NO, a relative of a member who is an accountant volunteered to do it without cost
•    Name of Accountant/ Bookkeeper
Epitacia A. Alvarez
h.    What will be the proposed compensation of the following?

(1)  Manager        ____ Volunteer work with no compensation
(2)  Accountant    ____ Volunteer work with no compensation
(3)  Clerks        ____ The Treasurer and Secretary will handle clerical works
with no compensation
(4)  Others        ____ Transport, meals and miscellaneous expenses on official business will be reimbursed by the cooperative.

SUBMITTED BY:  Elena Grace Flores
POSITION:         Secretary

Note:
Remember that this is only a guideline; you may add, revise or omit items that are not applicable to your proposed cooperative.  The CDA reserve the right to conduct an investigation into the proposed operations of the Cooperative.  There is no need to submit project Financial Statements and Cash flow for three years.

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Find your Purpose in Life and Live a Long Life

 
welcome By: Elena Grace Flores
It’s a very real need to be needed! Psychologists can vouch for this statement. Imagine being the bread winner most of your adult life. Taking care of your children until they are old enough to leave home or running a business with enough employees to pay every end of the month. Then retirement time comes along without knowing it. Will you stay still and find comfort within your reach or reach out to give comfort to others? Well, if you have an active life during your prime. You may like the idea of spending time for holidays but that’s it. If it extends to longer periods without doing something substantial, then it will be mind boggling or if you allow it to go on and on, boredom can eventually kill you!

The same findings came out after the data was analyzed data from over 6,000 participants of the Midlife in the United States (MIDUS) study. The experiment lasted for 14 years. Healthy eating or lifestyle in general can prolong your lifespan but if you live for others, life is happier thus allowing longevity. The most interesting part is that, sense of purpose in life can affect the quality of life of people from different age brackets. Maintaining a productive and physical social network is also contributing to having a long life due to positive emotions brought about by the support group. Keeping healthy relationships also matter!

Living with concrete direction at any point in your life is essential so as not to go astray. It’s very easy to get depressed especially after the age of 40. Actually, older people need to have a purpose in life more than their younger counterparts – because they are becoming more sensitive as they age. Despite knowing all the ways to have a long life, it’s having the sense of purpose that makes one do all those! This fact must not be ignored because all health campaigns will be useless if people are just living for their own benefit. The greater benefit can only be attained when we help others have a better life. This makes lots of sense in line with all the studies already conducted in the past.

Patrick Hill, lead researcher of the Carleton University in Canada and his associate Nicholas Turiano, of the University of Rochester Medical Center in New York, NY made their findings known by publishing them in the Psychological Science journal.

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