Economic Survey

 

ECONOMIC SURVEY La Trinidad Livestock Entreprenuers Cooperative (NAME OF COOPERATIVE)

BACKGROUND: The 1st Municipal Livestock Congress held on March 2, 2017 at Strawberry Valley Hotel and Restaurant (SVHR) conducted by the Office of the Municipal Agriculture (OMAg) was participated by farmers and interested individuals from the different barangays. It was then that the La Trinidad Livestock Entrepreneurs Association (LaTLEA) was formed and set of officers were elected. Series of meetings the group temporary office is located the Office of the Municipal Km. 5, Lawhere Trinidad, Benguet and By-laws were beingat crafted, upon approval of itsAgriculture, ConstitutionPico, and By-laws, the group was registered at DOLE on May 4, 2017 with Registration Number: CAR-2017-05225. It was also accredited as rural- based  based farmers’ organization with the Department of Agriculture, Agriculture, Regional Field Office, Cordillera Administrative Region (DA-RFO-CAR) on August 31, 2017. 2017 . With an initial members of sixteen (16) during its existence, with the supervision of the OMAg head Ms. Felicitas Ticbaen and the headship of the elected president, Mr. Juanito D. Angeles, the group now has ninety one hundred twenty four (124) members as o off this writing. The first months were indeed a challenging point as to how will the group be sustained but with the effort of the officers and LGU, selected members were given piglets and are now having training on hug raising. Itik and freerange chicken were also distributed to selected members.

RATIONALE: The Livestock Cooperative aims to directly answer community needs, create more job and will  provide quality qu ality of meat products. It also aims to create an easy e asy access to market for its members. We see that there is a need of Livestock Cooperative for the municipality because it is the center of commerce among thirteen (13) municipalities of Benguet, and according to the Department of Agriculture 97% of hogs are coming from the low lands. Having a Livestock Cooperative can address the demands for meat products. Our goals will be achieve in a long run but starting it today and undergoing thru educational trainings of officers and members will help us achieve better.

I. GENERAL INFORMATION A. Type of Cooperative: Agriculture B. Office Address of Cooperative: km. 5 Pico, La Trinidad, Benguet (No., Street, Brgy., Town/City, Province) C. Area of Operation:

Barangay

Municipal

Provincial

City

Regional

 National D. Common Bond of Membership:

Residential

Occupational

Institutional Associational

E. Composition of Members: Farmers

Indigenous Community

Youth

Fisher folks

Disabled

Women

ARB

Rebel Returnees

OCW

Workers/Employees

Others (Specify)

Livestock

 

F. No. of Founding/Organizing Members: History ng coop nakita ko lang po sa USB)

16

(based po sa

G. Projected Increase of Membership for: (example only) First Year:

100

Second Year: 120 Third Year:

150

II STRATEGICAL OPERATIONAL STUDIES A. Economic Aspect 1. Are there any other existing cooperative/s within your proposed area of operation that  provided the same goods/services, which the cooperative plans to offer? if yes, please state the name/s of such cooperative/s: c ooperative/s: There are no other existing cooperative/s within our proposed area of operation 2. What strategies the cooperative shall implement to ensure the support of the members? Collective purchases (group buying) buying)   Commitment on lending policies Active participation in cooperative affairs Others (please specify) : Transparency, Integrity, Volunteerism and Cooperation 3. What business activities the Cooperative plans to undertake during the first three years of its operation: First Year:

Production

(example only)  only) 

Second Year: Lending Third Year:

Expansion of Services

B. Financial Aspect 1. Capitalization 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) pa yment in the (agreement lender-borrower take goods immediately and start making payment future or pay for something at a later date) d ate)…hindi …hindi po ako sure if dito sya or sa capital  build up 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. 30,000

(own estimate ko lang po)

 

c. Strategies for internal capital build –  build –  up  up (based from CBL)  CBL)  * At least Php. 500 per month (ng month (ng ano poi to? Savings? Payment?) * At least 10% of his annual interest on capital and patronage refund * At least 10% of each good/service acquired from the cooperative 2. Revenue Projected revenue based on the initial operating capital (example I have no basis for this)   this) First Year:

Php. 650,000

Second Year: Php. 700, 000 Third Year:

Php. 750,000

3. Expenditure (costs, payments, expenses, overheads, dues example ex ample only based from commercial coop kasi itong amount) How much is the estimated expenses for: First Year:

Php. 200,000

Second Year: Php. 250,000 Third Year:

Php. 300,000

4. Investments Does the Cooperative intend to invest in the following? Cooperative Bank Mutual Federation

Insurance

Joint Ventures

Others (specify)

C. Technical Aspect 1. What equipment/machineries/facilities are deemed necessary for the effective and efficient operation of the Cooperative? (please check) Typewriter

Medical Instruments

Computer Tables

Warehouse Milling

Chairs

Farm Equipment

Calculator

Post Harvest Equipment

Vault/Safe

Solar Dryer

Filing Cabinet

Fishing Equipment

Others (specify) 2. How would the Cooperative Coope rative procure its equipment/machineries/facilities? Cash purchase Loans Donations

Other mode/s (specify)

 

3. What skills/experiences/trainings are deemed necessary for the operation of its equipment/machineries/facilities? Computer Literate and Simple Accounting Skills

D. Organizational Structure 1. What qualifications/skills the Board of Directors should possess to enable them to formulate sound policies, strategies and guidelines which would ensure success suc cess of the Cooperative? Bachelor’s Degree with managerial skills and experiences  experiences   2. For its initial operations, who among the following officers/employees should be hired by the Cooperative? (hindi po ako sure if kasama chairperson and vice chairperson..)  chairperson..) 

POSITION

Chairperson Vice - Chairperson General Manager Accountant Treasurer Bookkeeper Secretary Cashier

STAT. OF

EDUC. EXPERIENCE/

MONTHLY

APPOINTMENT

TRAINING

SALARY

Volunteer Volunteer Volunteer Volunteer Volunteer Volunteer Volunteer Volunteer

College Graduate/ Bookkeeper College Graduate/ Bookkeeper College Graduate/ Bookkeeper C.P.A. With Accounting Knowledge With Accounting Knowledge College Graduate/ Bookkeeper With Accounting Knowledge

(Permanent, Contractual, Full-time, Part-time, Volunteer, etc.) 3. What are the Cooperative’s education programs for:  for:   a)  Members = Basic information on Cooperative Ownership Seminar Pre-membership Education Seminar  b)  Officers = Seminar on Strategic Planning and Budgeting Powers, Duties and Responsibilities Management Seminar Implementing Rules and Regulations on R.A. 9520 c)  Staff = Management Seminar Accounting or none Accountants 4. Who are the Chairmen and members of the following committees? a) Audit:

Chairperson –  Chairperson –   Secretary –  Secretary  –   Member –  Member  –  

 b) Gender and Development:

Chairperson –  Chairperson –   Secretary –  Secretary  –   Member –  Member  –  

c) Education & Training

Chairperson –  Chairperson –   Secretary –  Secretary  –   Member –   Member – 

Allowance Allowance Allowance Allowance Allowance Allowance Allowance Allowance

 

d) Mediation and Conciliation

Chairperson Chairperson –   –   Secretary –  Secretary  –   Member –  Member  –  

e) Ethics:

Chairperson –  Chairperson –   Secretary –  Secretary  –   Member –  Member  –  

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 operation of the cooperative.

By:

Chairman