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ARTICLES OF COOPERATION
BSBA IV CONSUMERS COOPERATIVE

KNOW ALL MEN BY THESE PRESENTS:

We, the undersigned Filipino citizens, all of legal age, and residents of the Philippines,
representing at least majority of the members of this primary cooperative, do hereby adopt the
following code of By-laws.

Article I
Purpose(s) and Goals
The purpose(s) and goals of this Cooperative are those set forth in its Articles of Cooperation.
1. To promote the economic welfare of its Members by utilizing their united funds and
efforts for the sale, purchase and distribution of goods, and the performance of services and
such other activities as will benefit the Members, all as determined by the Board and approved
by the majority members.
2. To advance the Consumers Cooperative movement as a system of business;
3. To do such other things as shall serve the general welfare of its Members and the
public.
Article II
Membership
Section 1. Membership. This Cooperative shall have 40 members.
Section 2. Qualification for Membership - The membership of this Cooperative is open to all
natural persons, Filipino citizen, of legal age, with capacity to contract and, within the common
bond and field of membership described as follows:

A Certified student of Saint Michael College of Caraga

An Business Administration 4th year Student in Saint Michael College of Caraga
Officially enrolled in Cooperative Management subject.

Article III
Goals
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That the goals of this cooperative is to help improve the quality of life of its members and
in furtherance thereto shall aim:

1. To attain increased income, savings, investments, productivity, and purchasing power, and
promote among themselves equitable distribution of net surplus through maximum utilization of
economies of scale, cost-sharing and risk-sharing;
2. To provide optimum social 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 ideas in business and management;
5. To actively support the government, other cooperatives and people oriented organizations,
both local and foreign, in promoting cooperatives as a practical means towards sustainable
socio-economic development under a truly just and democratic society;
6. To institutionalize a dynamic savings mobilization and capital build-up schemes to sustain its
developmental activities and long-term investments, thereby ensuring optimum economic
benefits to the members, their families and the general public;
7. To implement policy guidelines that will ensure transparency, equitable access to its resources
and services, and promote the interests of the members; and
8. To adopt such other plans as may help foster the welfare of the members, their families and
the community.

Article IV
Powers and Capacities
That the powers, rights and capacities of this cooperative are those prescribed under
Article 9 of Republic Act 9520.
1. To the exclusive use of its registered name;
2. To sue and be sued;
3. Of succession;
4. To amend its articles of cooperation in accordance with the provisions of RA 9520;
5. To adopt by-laws not contrary to law, morals or public policy, and to amend and repeal the
same in accordance with RA 9520;
6. To purchase, receive, take or grant, hold, convey, sell, lease, pledge, mortgage, and
otherwise deal with such real and personal property as the transaction of the lawful affairs of the
cooperative may reasonably and necessarily require, subject to the limitations prescribed by law
and the Constitution;
7. To enter into division, merger, or consolidation, as provided under RA 9520;
8. To form subsidiary cooperatives and join federations or unions, as provided in this Code;
9. To avail of loans, be entitled to credit and to accept and receive grants, donations and
assistance from foreign and domestic sources subject to the conditions of said loans, credits,
grants, donations or assistance that will not undermine the autonomy of the cooperative. The
Authority, upon written request, shall provide necessary assistance in the documentary
requirements for the loans, credit, grants, donations and other financial support;
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10. To avail preferential rights granted to cooperatives under RA 7160, otherwise known as the
Local Government Code, and other laws, particularly those in the grant of franchises to establish,
construct, operate and maintain ferries, wharves, markets or slaughters houses and to lease
public utilities, including access to extension and on-site research services and facilities related
to agriculture and fishery activities; and
11. To exercise such other powers granted under RA 9520 or necessary to carry out its
purposes as stated in this articles of cooperation.

Article V
Term of Existence

That the term for which this Cooperative shall exist is Six (6) months from the date it has
been form.

Article VI
Common Bond and Field of Membership

That the common bond of membership of this Cooperative is institutional and, shall be
open to all natural persons who are all Filipino citizen, of legal age, and officially enrolled in the
subject of Cooperative Management in Saint Michael College of Caraga with the capacity to
contract and possess all the qualifications and none of the disqualifications provided for in the
By-laws and this Articles of Cooperation.

Article VII
Area of Operation
That the membership of this Cooperative shall come from Atupan st. Brgy.4, Nasipit,
Agusan del Norte Its principal office shall be located at Saint Michael College of Caraga.

Article VIII
Name and Address of Cooperators
That the name and complete postal address of the cooperators are as follows:

Name Postal Address

1. Abaquita, Jovy O. Carmen, Agusan del Norte
2. Abellanosa, Gemma Mae B. D-2, Aclan, Nasipit, Agusan del Norte
3. Alfaro, Princess Rochelle O. D-8, Triangulo, Nasipit, Agusan del Norte
4. Baguhin, Jollibee D. P-1A, Rizal, Buenavista, Agusan del Norte
5. Bitancor, Joseph G. Talisay, Nasipit, Agusan del Norte
6. B P-11 Tapnigue,Sangay,Buenavista,
Cabildo, Che-che
Agusan del Norte
7. Cagampang, Marc Aaron N. Brgy.4, Nasipit, Agusan del Norte
8. Caila, Jogelyn Buenavista, Nasipit, Agusan del Norte
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9. Casicas, Bunnysa B. Carmen, Agusan del Norte

10 Causin, Ella Rose T. Talisay, Nasipit, Agusan del Norte
11. Comahig, Jinky L. Cubi-Cubi, Nasipit, Agusan del Norte
12. Cuencia, Ross Marydyll S. Camagong, Nasipit, Agusan del Norte
13. Dawe, Darwin D. Buenavista, Agusan del Norte
14. De Fiesta, Ma. Loida T. Brgy. 1, Buenavista, Agusan del Norte
15. Dela Cruz, Emielou A. Buenavista, Agusan del Norte
16. Dormitorio, Glen Michael N. Cubi-cubi, Nasipit, Agusan del Norte
17. Durano, Elgier R. Dinagat, Surigao del Norte
18. Gadiano, Bert Adrian D. Brgy.4, Nasipit, Agusan del Norte
19. Gasta, Iris A. Carmen, Agusan del Norte
20. Gonzaga, Michael N. P-5, Brgy. 7, Buenavista, Agusan del Norte
21. Lagapa, Renita Lourdes Brgy.4, Nasipit, Agusan del Norte
22. Liquigan, Wenchie B. Vinapor, Carmen, Agusan del Norte
23. Lozada, Daniza B. Kinabjangan, Nasipit, Agusan del Norte
24. Lumile, Kris C. P-3, Brgy. 3, Buenavista, Agusan del Norte
25. Magdasal, Glenn Roy D. Buenavista, Agusan del Norte
26. Megallen, Liendyl T. Vinapor, Carmen, Agusan del Norte
27. Olid, Agnes Jean L. Carmen, Agusan del Norte
28. District 6, Kinabjangan, Nasipit, Agusan
Ortiz, Ronielyn A.
del Norte
29. Rebosada, Brandon E. P-8 Looc 2, Carmen, Agusan del Norte
30. Redoble, Juvelyn A. San Agustin, Carmen, Agusan del Norte
31.. Robles, Angel Grace N. Amontay, Nasipit, Agusan del Norte
32. Rodicol, Blandy T. Brgy. 5, Nasipit, Agusan del Norte
33. Saligan, Darah Anne G. Brgy.1, Apagan, Nasipit Agusan del Norte
34. Salupan, Rowena Buenavista, Agusan del Norte
35. District 3, Kinabjangan, Nasipit, Agusan
Sicat, Alyssa Joyce V.
del Norte
36. Silvosa, Elvie B. Alubihid, Buenavista, Agusan del Norte
37. Tambiga, Ronald C. P-5 Alubihid Buenavista Agusan del Norte
38. Teves, Kharen Mae B. Bayview Hill Nasipit Agusan del Norte
39. Urgel, Vanessa Sta. Ana, Nasipit, Agusan del Norte
40. Villanueva, Mikie D. Loreto, Agusan del Sur
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Article IX
Board of Directors
That the number of Directors of this Cooperative shall be Five (5) and the name and address of
the directors who are to serve until their successors shall have been elected and qualified as
provided in the by-laws are:

Name Citizenship Residence

1. Alfaro, Princess Rochelle O. Filipino D-8, Triangulo, Nasipit, Agusan del
Norte
2. Abellanosa, Gemma Mae Filipino D-2, Aclan, Nasipit, Agusan del
Norte
3. De Fiesta, Ma. Loida Filipino Brgy. 1, Buenavista, Agusan del
Norte
4. Tambiga, Ronald Filipino P-5 Alubihid Buenavista Agusan del
Norte
5. Villanueva, Mikie Filipino Loreto, Agusan del Sur
ARTICLE X
Capitalization
That the Authorized Share Capital of this Cooperative is Twelve Thousand PESOS (Php
12,000.00), divided into Fourty (40) shares with a par value of three hundred (Php 300.00) per
share.
ARTICLE XI
Subscribed and Paid-up Share Capital
That of the authorized share capital, the amount of three hundred Pesos (Php 300.00)
has been subscribed, and Twelve Thousand Pesos (Php 12,000.00) of the total subscription has
been paid by the following members-subscribers:

No. of Amount of No. of Paid- Amount of

Names Subscribed Subscribed up Shares Paid-up
Shares Shares Shares
1. Abaquita, Jovy O. 1 Php 300.00 1 Php 300.00
2. Abellanosa, Gemma Mae B. 1 Php 300.00 1 Php 300.00
3. Alfaro, Princess Rochelle O. 1 Php 300.00 1 Php 300.00
4. Baguhin, Jollibee D. 1 Php 300.00 1 Php 300.00
5. Bitancor, Joseph G. 1 Php 300.00 1 Php 300.00
6. Cabildo, Che-che 1 Php 300.00 1 Php 300.00
7. Cagampang, Marc Aaron N. 1 Php 300.00 1 Php 300.00
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8. Caila, Jogelyn 1 Php 300.00 1 Php 300.00

9. Casicas, Bunnysa B. 1 Php 300.00 1 Php 300.00
10. Causin, Ella Rose T. 1 Php 300.00 1 Php 300.00
11. Comahig, Jinky L. 1 Php 300.00 1 Php 300.00
12. Cuencia, Ross Marydyll S. 1 Php 300.00 1 Php 300.00
13. Dawe, Darwin D. 1 Php 300.00 1 Php 300.00
14. De Fiesta, Ma. Loida T. 1 Php 300.00 1 Php 300.00
15. Dela Cruz, Emielou A. 1 Php 300.00 1 Php 300.00
16. Dormitorio, Glen Michael N. 1 Php 300.00 1 Php 300.00
17. Durano, Elgier R. 1 Php 300.00 1 Php 300.00
18. Gadiano, Bert Adrian D. 1 Php 300.00 1 Php 300.00
19. Gasta, Iris A. 1 Php 300.00 1 Php 300.00
20. Gonzaga, Michael N. 1 Php 300.00 1 Php 300.00
21. Lagapa, Renita Lourdes 1 Php 300.00 1 Php 300.00
22. Liquigan, Wenchie B. 1 Php 300.00 1 Php 300.00
23. Lozada, Daniza B. 1 Php 300.00 1 Php 300.00
24. Lumile, Kris C. 1 Php 300.00 1 Php 300.00
25. Magdasal, Glenn Roy D. 1 Php 300.00 1 Php 300.00
26. Megallen, Liendyl T. 1 Php 300.00 1 Php 300.00
27. Olid, Agnes Jean L. 1 Php 300.00 1 Php 300.00
28. Ortiz, Ronielyn A. 1 Php 300.00 1 Php 300.00
29. Rebosada, Brandon E. 1 Php 300.00 1 Php 300.00
30. Redoble, Juvelyn A. 1 Php 300.00 1 Php 300.00
31. Robles, Angel Grace N. 1 Php 300.00 1 Php 300.00
32. Rodicol, Blandy T. 1 Php 300.00 1 Php 300.00
33. Saligan, Darah Anne G. 1 Php 300.00 1 Php 300.00
34. Salupan, Rowena 1 Php 300.00 1 Php 300.00
35. Sicat, Alyssa Joyce V. 1 Php 300.00 1 Php 300.00
36. Silvosa, Elvie B. 1 Php 300.00 1 Php 300.00
37. Tambiga, Ronald C. 1 Php 300.00 1 Php 300.00
38. Teves, Kharen Mae B. 1 Php 300.00 1 Php 300.00
39. Urgel, Vanessa 1 Php 300.00 1 Php 300.00
40. Villanueva, Mikie D. 1 Php 300.00 1 Php 300.00

ARTICLE XII
Arbitral Clause
Any dispute, controversy or claim arising out of or relating to this Articles of Cooperation,
the cooperative law and related rules, administrative guidelines of the Cooperative Development
Authority, including inter-cooperative, inter-federation disputes and related concerns, and any
question regarding the existence, interpretation, validity, breach or termination or the business
relationship shall be exclusively referred to and finally resolved by voluntary arbitration under
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the institutional rules promulgated by the Cooperative Development Authority, after compliance
with the conciliation or mediation mechanisms embodied in the applicable bylaws and in such
other pertinent laws.
BE IT KNOWN THAT:
Jinky L. Comahig has been elected as Treasurer of this Cooperative to act as such until
her/his successor shall have been duly appointed and qualified in accordance with the by-laws.
As such Treasurer, he/she is authorized to receive payments and issue receipts for membership
fees, share capital subscriptions and other revenues, and to pay obligations for and in the name
of this Cooperative. IN WITNESS WHEREOF, we have hereunto affixed our signatures opposite
our names this 4th day of October in 2017, Philippines.

Name of Cooperators Signature

1. Abaquita, Jovy O.
2. Abellanosa, Gemma Mae B.
3. Alfaro, Princess Rochelle O.
4. Baguhin, Jollibee D.
5. Bitancor, Joseph G.
6. Cabildo, Che-che
7. Cagampang, Marc Aaron N.
8. Caila, Jogelyn
9. Casicas, Bunnysa B.
10. Causin, Ella Rose T.
11. Comahig, Jinky L.
12. Cuencia, Ross Marydyll S.
13. Dawe, Darwin D.
14. De Fiesta, Ma. Loida T.
15. Dela Cruz, Emielou A.
16. Dormitorio, Glen Michael N.
17. Durano, Elgier R.
18. Gadiano, Bert Adrian D.
19. Gasta, Iris A.
20. Gonzaga, Michael N.
21. Lagapa, Renita Lourdes
22. Liquigan, Wenchie B.
23. Lozada, Daniza B.
24. Lumile, Kris C.
25. Magdasal, Glenn Roy D.
26. Megallen, Liendyl T.
27. Olid, Agnes Jean L.
28. Ortiz, Ronielyn A.
29. Rebosada, Brandon E.
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30. Redoble, Juvelyn A.

31. Robles, Angel Grace N.
32. Rodicol, Blandy T.
33. Saligan, Darah Anne G.
34. Salupan, Rowena
35. Sicat, Alyssa Joyce V.
36. Silvosa, Elvie B.
37. Tambiga, Ronald C.
38. Teves, Kharen Mae B.
39. Urgel, Vanessa
40. Villanueva, Mikie D.

SIGNED IN THE PRESENCE OF:

____________________________ ____________________________
Signature Over Printed Name Signature Over Printed Name
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ACKNOWLEDGMENT

Republic of the Philippines )

Prov./City/Mun. of Nasipit, Agusan del Norte) S.S.

Proof of Identity Date Place of

Name of Cooperators issued Issuance

1. Abaquita, Jovy O. School ID: 2014-000195 2014 SMCC

2. Abellanosa, Gemma Mae B. School ID: 2009-000396 2009
3. Alfaro, Princess Rochelle O. School ID: 2014-00099 2014 SMCC
4. Baguhin, Jollibee D. School ID: 2014-00567 2014 SMCC
5. Bitancor, Joseph G. School ID: 2015-000872 2015 SMCC
6. Cabildo, Che-che School ID:2010-00218 2010 SMCC
7. Cagampang, Marc Aaron N. School ID: 2009-000317 2009 SMCC
8. Caila, Jogelyn School ID:2013-000457 2019 SMCC
9. Casicas, Bunnysa B. School ID:2013-00090 2013 SMCC
10. Causin, Ella Rose T. School ID:2009-00100 2009 SMCC
11. Comahig, Jinky L. School ID: 2014-000547 2014 SMCC
12. Cuencia, Ross Marydyll S. School ID: 2010-000171 2010 SMCC
13. Dawe, Darwin D. School ID: 2014-000353 2014 SMCC
14. De Fiesta, Ma. Loida T. School ID: 2014-000391 2014 SMCC
15. Dela Cruz, Emielou A. School ID: 2014-000554 2014 SMCC
16. Dormitorio, Glen Michael N. School ID: 2014-000265 2014 SMCC
17. Durano, Elgier R. School ID: 2012-000391 2012 SMCC
18. Gadiano, Bert Adrian D. School ID: 2007-000186 2007 SMCC
19. Gasta, Iris A. School ID: 2014-000284 2014 SMCC
20. Gonzaga, Michael N. School ID: 2014-000537 2014 SMCC
21. Lagapa, Renita Lourdes SMCC
22. Liquigan, Wenchie B. School ID: 2014-000125 2014 SMCC
23. Lozada, Daniza B. School ID: 2008-000155 2008 SMCC
24. Lumile, Kris C. School ID: 2014-000129 2014 SMCC
25. Magdasal, Glenn Roy D. School ID: 2014-000311 2014 SMCC
26. Megallen, Liendyl T. School ID: 2014-000122 2014 SMCC
27. Olid, Agnes Jean L. School ID: 2012-000291 2012 SMCC
28. Ortiz, Ronielyn A. School ID: 2014-00479 2014 SMCC
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29. Rebosada, Brandon E. School ID: 2014-00734 2014 SMCC

30. Redoble, Juvelyn A. School ID: 2015-01274 2015 SMCC
31. Robles, Angel Grace N. School ID: 2013-00387 2013 SMCC
32. Rodicol, Blandy T. School ID: 2010-00375 2010 SMCC
33. Saligan, Darah Anne G. School ID: 2008-00083 2008 SMCC
34. Salupan, Rowena School ID: 2014-00600 2014 SMCC
35. Sicat, Alyssa Joyce V. School ID: 2014-00549 2014 SMCC
36. Silvosa, Elvie B. School ID: 2013-00654 2013 SMCC
37. Tambiga, Ronald C. School ID: 2014-00144 2014 SMCC
38. Teves, Kharen Mae B. School ID: 2014-00177 2014 SMCC
39. Urgel, Vanessa School ID: 2014-00242 2014 SMCC
40. Villanueva, Mikie D. School ID: 2012-00558 2012 SMCC

Before me, a Notary Public for and in the Municipality of Nasipit, Agusan del Norte on this
4th day of October, 2017, the following persons personally appeared with their proof of identity as
indicated opposite their respective names:

All known to me to be the same persons who executed the foregoing Articles of
Cooperation, and acknowledged to me that the same is their free will and voluntary deed.

This instrument known as Articles of Cooperation consists of 10 pages including this page
where the acknowledgment is written signed by the parties and their instrumental witnesses on
each and every page thereof.

WITNESS my hand and seal this day and place first above mentioned.

Notary Public

Doc. No. : ____________

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