Who We Are
V M G
K-Coop envisions urban poor communities who believe in and are committed to the principles of cooperatives, in being fair and giving equal rights to all coop members, and in democratically governing and managing the cooperative in order to provide financial sustainability and social protection to everyone, towards their genuine economic and social empowerment.
A cooperative that teaches the principles of cooperativism and financial education to poor women, provides income and capital, fosters productivity and purchasing power, and secures access to financial and social services of the coop. K-Coop endeavors to be an effective service-oriented institution that nurtures hope, practices, and opportunities to help improve the lives and enhance the sense of self-worth of poor Filipino families and their communities in urban areas.
K-Coop aims to contribute to the improvement of the lives of its 30,000 plus members, who are all part of the 1.1 million urban poor households within the National Capital Region. Many of these coop members are resettled or being resettled in Bulacan, Rizal, Cavite, and Laguna. K-Coop’s Articles of Cooperation (see Article II) outline the following goals for the organization:
1. To attain increased income, savings, investments, productivity, and purchasing power, and promote among members equitable distribution of net surplus through utilization of economies of scale, cost-sharing, and risk management;
2. To provide optimum social – including health, housing, education, disaster management, protection – and economic benefits to its members;
3. To teach members efficient ways of doing things in a cooperative manner;
4. To propagate cooperative practices and new business and management ideas by teaching members financial education and literacy and the means to address social concerns through proper, effective, and efficient management;
5. To allow lower income and less privileged groups to increase their ownership in the nation’s wealth, especially women and those in resettled communities;
6. To actively support the government, other cooperatives, and people-oriented community development organizations, both local and foreign, in promoting cooperatives as a practical means towards attaining sustainable socio-economic development under a truly just and democratic society;
7. To institutionalize a dynamic savings mobilization and capital build-up scheme to sustain development activities and long-term investments thereby ensuring optimum economic benefits to members, their families, and the general public;
8. To implement policy guidelines that will ensure transparency, equitable access to its resources and services, and promote the interests of the members;
9. To partner and network with different nongovernmental organizations, private business, and government entities in order to broaden programs that will improve the welfare of the members, their families, and the community; and,
10. To adopt such other plans as may help foster the welfare of the members, their families, and their communities.