Dimnatang Radia, CDA-ARMM administrator, said successful cooperatives presented their best practices – specifically new management techniques, good governance and entrepreneurial activities – to newly established cooperatives.
“The 1st ARMM Successful Cooperatives Congress formed part of the benchmarking program of the CDA-ARMM to enable small and micro cooperatives to be inspired by the best practices of the successful ones,” Radia said, noting that many cooperatives in the region have struggled to uplift their members’ economic status.
“With their unyielding conviction, hard work, and determination, some of these cooperatives surpassed their goals and have become millionaires,” he said.
The CDA-ARMM has registered around 4,600 cooperatives from 2010-2014, the highest number among regions in the country.
Orlando Ravanera, CDA national chairman, said the cooperatives are the way to end poverty. “With the promotion of cooperatives as instruments for equity, social justice, and economic development, we can end poverty that besets the region,” Ravanera said.
Data show more than 12,000 cooperatives are registered in Mindanao with P150 billion worth of assets.
During the two-day event, partners of the cooperative movement at the local, national and international levels also shared their respective programs, projects and services that the region’s cooperatives may avail of.
These partners included international agencies such as the World Bank and Japan International Cooperation Agency (JICA) as well as national partners led by the Land Bank of the Philippines and the National Commission on Muslim Filipinos (NCMF).
The congress also served as a venue to showcase the services and goods of ARMM’s successful cooperatives.