Candevco Flyers_new Office.docx

HOW TO BE A MEMBER and APPLY FOR A LOAN? 1.

STEP 1. Attend the Pre-membership Education Seminar PMES (Regular session is every Saturday, 8:30 AM – 12:00 NN at CANDEVCO office, Food St., Central Plaza Complex, Lag-on, Daet, Cams. Norte) and bring Php130.00 for Membership Fee and Registration Fee.

STEP 2. Attend the Loan Orientation Seminar (Regular session is every Monday, 2:00 PM at CANDEVCO office, Food St., Central Plaza Complex, Lag-on, Daet, Cams. Norte) STEP 3. Prepare the following requirements: 2pcs. 2x2 picture Original Barangay Clearance (for CANDEVCO Loan Purposes Only)

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Photocopy of Community Tax Certificate (Cedula)

STEP 4. Attach the requirements to Loan Application Form and submit to CANDEVCO Office.

“PAG-ASENSO… PAG-ULAYAN TA!”

CDA Reg. No.: 9520-05001000

For Inquiries, Please contact:

885-1026 +639326500620 or +639484401286

HISTORY OF CAMARINES NORTE DEVELOPMENT COOOPERATIVE

2003

2004 2005 2006

2007

2008

2009

2010 2013

2014

2015

2016

Started the microfinance program in Daet organized as NON-GOVERNMENT ORGANIZATION (NGO) in the name of COOPERATIVE EDUCATION AND DEVELOPMENT CENTER (CEDC) where the members are females only manage by the Augustinian sisters OIC-Bicol branch is Ms. Sally P. Nicolas With Php1 million of assets Granted an office bldg. worth 2M funded by The Netherland Some of the members beginning to dropped out Undergo the partnership with National Confederation of Cooperatives (NATCCO) because of fund insufficiency CEDC was converted to cooperative 100 persons active members left out from 783 total number of members First conducted the Pre-Membership Education Seminar to 23 active members Cooperative Development Authority (CDA) approved CEDC as a cooperative in the name CAMARINES NORTE DEVELOPMENT COOPERATIVE(CANDEVCO) Ms. Sally P. Nicolas was running for area manager of NATCCO Ms. Luz R. Payla promoted as the manager Some of the cooperatives in Camarines Norte help CANDEVCO to its financial problem to be able to extend its operation The journey continued NATCCO released additional fund for CANDEVCO amounting Php650,000 Recruitment of new members continued by conducting PMES on different municipalities January – NATCCO offered MiCOOP program then approved by the Board of Directors of CANDEVCO February - NATCCO MiCOOP operation adapted CANDEVCO March – started to hire new staffs 1 Development officer, 1 cashier and 1 bookkeeper April – new staffs undergo seminar MICOOP GOVERNANCE for 10 days -immersion to San Isidro Devt. Coop. (SIDECO) in Naga May – Grand Opening of CANDEVCO Under MICOOP program of NATCCO with its Policy Systems and Procedures Awarded as 2nd top performer in portfolio quality maintaining 5% portfolio at risk Decided to buy-out the investment of NATCCO Awarded as 3rd place Outstanding Cooperative in small category The whole operation was handed by the members of CANDEVCO headed by the Board of Directors Awarded 1st place in the “2016 Annual Search for Outstanding Cooperative” – Small Category Bought a new office building Transferred of its new office address

PRODUCTS AND COOPERATIVE SERVICES OFFERED HISTORY

VISION AND MISSION

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CANDEVCO VISION A LEADING COOPERATIVE EMPOWERING THE MEMBER/CLIENTELE AND THE COMMUNITY.

INTEREST RATES FOR TIME DEPOSITS Amount of Deposits

30 – 90 Days

90 - 180 Days

181-365 Days

365 Days and above

P5,000.00 to P200,000.00

4.5 %

5.5 %

6.5 %

7.5%

P200,001.00 to P400,000.00

5.5 %

6.5 %

7.5 %

8.5%

P400,001.00 to P1,000,000.00

6.5 %

7.5 %

8%

9%

P1,000,001.00 and above

Upon agreement with the management

CANDEVCO MISSION WE PROVIDE INTEGRATED FINANCIAL AND NONFINANCIAL SERVICES IN THE MEMBER/CLIENTELE AND THE COMMUNITY FOR THE UPLIFTMENT OF SOCIOECONOMIC CONDITION.