Understanding Cooperatives

Discover the heart of a cooperative through engaging and informative videos, offering an immersive glimpse into who and what the cooperative stand for.

History of Cooperative

What is Cooperative?

Cooperative Values

Seven Coop Principles

Me and My Cooperative

Purpose

Help members, consumers and communities to uplift their standard of living.

Goals

Help improve the quality of life of its members and thereby contribute to inclusive growth, enterprise development and employment.

Mission

Be able to provide affordable and quality products, livelihoods and services for the community.

Vision

Pave the way for the development and promotion of each household to uplift their living standard

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Benefits & Priviledges

SCC’s objective is to serve the economic, social, cultural and spiritual development of our members.

Patronage Refund

A form of profit sharing which is distributed in direct proportion to members based on the amount of money they spent at our store during a fiscal year.

Interest Rate on share capital

Members as the owner of the cooperative enjoys the interest earned by their paid up capital during a fiscal year.

Training and Education

We keep our members, officers, staff well-informed regarding the coop’s goals, objectives, policies, procedures, services as well as educational program for community development.

News and Updates

Stay informed and connected with our latest news, announcements, events and activities from the cooperative’s undertakings.

Notices and Announcements    |    Jul 1, 2024

Upcoming Pre-Membership Education Seminar

We are excited to announce our upcoming Pre-Membership Education Seminar, a prerequisite for joining the Sambahayan Consumers Cooperative. This seminar will provide comprehensive information about our cooperative, including its principles,…

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Notices and Announcements    |    Jul 19, 2023

Upcoming August Regular General Meeting

Please be informed that our regular monthly meeting for the month of August will be held on August 07, 2023, Monday, 6 pm, at Frontline Training Center, Sto. Nino Camp.

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Events and Activities    |    Jul 18, 2023

Cash Management Policy Meeting

The Accounting, Audit, and IT committees recently held a crucial meeting with the General Manager to address the establishment of a comprehensive cash management policy and accounting procedures for the…

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Latest News and Updates    |    Jul 15, 2023

Grand Opening and Dedication

We celebrated a momentous occasion as our cooperative’s physical store marked its grand opening and dedication, a remarkable milestone achieved within just six months of our registration at the Cooperative…

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Latest News and Updates    |    Jul 10, 2023

July Monthly Regular General Meeting

Our monthly regular meeting, held last July 10, was a productive gathering where several important topics were addressed. Of particular focus were the processes involved in the computation of patronage…

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Events and Activities    |    Jul 7, 2023

Pre-Membership Education Seminar for the month of July

We successfully conducted a Pre-Membership Education Seminar on Sambahayan Consumers Cooperative, which took place last 7th of July 2023. The event was held at the Frontline Christian Academy Building located…

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Membership

Join our cooperative and unlock the power of collective action, together shaping a brighter future for all.

Membership Requirement

  • Membership Form (SCC Form 01-2023)
  • Pre-Membership Education Seminar Cert. of Completion
  • Membership Fee (PHP 200)
  • Minimum Share Capital
  • Membership & Subscription Agreement (SCC Form 02-2023)
  • Photocopy of 2 Valid IDs

Our Education and Training committee would be happy to assist you with all your inquiries. You can reach us through our contact details.

  • Focal Person: Mr. Marwin Ilao
  • sambayancoop
  • (049) 548 – 3702

Frequently ask questions

Find clarity and answers to your questions about our cooperative and membership by exploring our comprehensive FAQs section.

What is Capital Build-up program?

To promote continuous capital build-up, each member shall invest in the share capital of the cooperative by subscribing for a minimum of Two Hundred (200) shares, with a total amount of Twenty Thousand Pesos (PHP 20,000). Members are required to make payment for this amount either in a lump sum or through regular installments.

If paying in installments, the member is required to make a payment of at least the value of Fifty (50) shares, amounting Five Thousand Pesos (PHP 5,000), on or before the approval of the membership and subscription agreement. The remaining balance shall then be paid through regular monthly installments of a minimum of Five Hundred Pesos (PHP 500) until the total subscribed amount of PHP 20,000 is fully paid.

What is the capital structure of the cooperative for all members?

PHP 100 = Par Value per Share
PHP 50 = Paid-up Shares (Initial payment upon approval of membership)
PHP 20,000 = 200 Subscribed Shares (Minimum Share Capital that a regular member shall subscribe)

How much is the initial payment for membership?

You need to pay the following once your membership has been approved
Membership Fee (Php 200)
Minimum Share Capital (Php 5000)
Monthly Subscribed Capital which start from month of membership (Minimum of Php 500)

What is Patronage Refund (Balik Tangkilik)?

The principle of Patronage Refund is a principle of equity wherein an equal right of members to participate in the organization and to equitably share in the benefits accruing there from is established. Under this principle, the Net Surplus shall not be construed as profit, but as excess payments made by them from the cooperative and which shall be deemed to have been returned to them if the same is distributed as prescribed by R.A. 9520 (Cooperative Code of the Philippines).

– Rule 10, Section 14 of the Revised Implementing Rules and Regulation of R.A. 9520.

What are the duties and responsibilities of members?

Pay the installment of his/her share capital subscription as it falls due and to participate in the capital build-up and savings mobilization activities of the Cooperative;
Patronize the Cooperative’s business(es) and services;
Participate in the membership education programs and other activities and affairs of the Cooperative;
Attend and participate in the deliberation of all matters taken during General Assembly meetings;
Observe and obey all lawful orders, decisions, rules and regulations adopted by the Board of Directors and the General Assembly;

How to be a member?

MEMBERSHIP PROCEDURES
Attend the Pre-Membership Education Seminar
Fill-out the Membership Form & Subscription Agreement
Pay a one-time Membership Fee (PHP 200)
Pay the initial paid-up capital share (PHP 5000)
Commit to continuous share capital build-up (PHP 500 minimum per month)
Submit Photocopy of 2 Valid IDs

Contact Us

Connect with us effortlessly, where we’re just a click away from addressing your inquiries.

    Contact Information

    • 1118 Alvarez Street, Purok 3, Brgy. San Ignacio, San Pablo City, Laguna 4000, Philippines
    • (049) 548 – 3702
    • www.sambahayancoop.com
    • sambahayanconsumercoop@gmail.com

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