ECONOMIC SURVEY

La Trinidad Livestock Entreprenuers Cooperative

(NAME OF COOPERATIVE)

BACKGROUND:

The 1st Municipal Livestock Congress held on March 2, 2017 at Strawberry Valley Hotel and
Restaurant (SVHR) conducted by the Office of the Municipal Agriculture (OMAg) was participated by
farmers and interested individuals from the different barangays. It was then that the La Trinidad
Livestock Entrepreneurs Association (LaTLEA) was formed and set of officers were elected. Series of
meetings where the group temporary office is located at the Office of the Municipal Agriculture, Pico,
Km. 5, La Trinidad, Benguet and By-laws were being crafted, upon approval of its Constitution and
By-laws, the group was registered at DOLE on May 4, 2017 with Registration Number: CAR-2017-05-
225. It was also accredited as rural-based farmers’ organization with the Department of Agriculture,
Regional Field Office, Cordillera Administrative Region (DA-RFO-CAR) on August 31, 2017.

With an initial members of sixteen (16) during its existence, with the supervision of the OMAg
head Ms. Felicitas Ticbaen and the headship of the elected president, Mr. Juanito D. Angeles, the
group now has ninety one hundred twenty four (124) members as of this writing. The first months were
indeed a challenging point as to how will the group be sustained but with the effort of the officers and
LGU, selected members were given piglets and are now having training on hug raising. Itik and free-
range chicken were also distributed to selected members.

RATIONALE:

The Livestock Cooperative aims to directly answer community needs, create more job and will
provide quality of meat products. It also aims to create an easy access to market for its members. We
see that there is a need of Livestock Cooperative for the municipality because it is the center of
commerce among thirteen (13) municipalities of Benguet, and according to the Department of
Agriculture 97% of hogs are coming from the low lands. Having a Livestock Cooperative can address
the demands for meat products. Our goals will be achieve in a long run but starting it today and
undergoing thru educational trainings of officers and members will help us achieve better.

I. GENERAL INFORMATION

A. Type of Cooperative: Agriculture

B. Office Address of Cooperative: km. 5 Pico, La Trinidad, Benguet

(No., Street, Brgy., Town/City, Province)

C. Area of Operation: Barangay Municipal

Provincial City Regional

National

D. Common Bond of Membership: Residential Institutional

Occupational Associational

E. Composition of Members:

Farmers Indigenous Community Youth

Fisher folks Disabled Women

ARB Rebel Returnees OCW

Workers/Employees Others (Specify) Livestock

 F. No. of Founding/Organizing Members: 16 (based po sa
History ng coop nakita ko lang po sa USB)

G. Projected Increase of Membership for: (example only)

First Year: 100

Second Year: 120

Third Year: 150

II STRATEGICAL OPERATIONAL STUDIES

A. Economic Aspect

1. Are there any other existing cooperative/s within your proposed area of operation that
provided the same goods/services, which the cooperative plans to offer?
if yes, please state the name/s of such cooperative/s:

There are no other existing cooperative/s within our proposed area of operation

2. What strategies the cooperative shall implement to ensure the support of the members?

Collective purchases (group buying)

v Commitment on lending policies
v Active participation in cooperative affairs
v Others (please specify) : Transparency, Integrity, Volunteerism and Cooperation

3. What business activities the Cooperative plans to undertake during the first three years of its
operation:

First Year: Production (example only)

Second Year: Lending

Third Year: Expansion of Services

B. Financial Aspect

1. Capitalization

a. In pursuing its economic activities, how shall the Cooperative generate its capital?

v Share Capital Subscription

v Deferred payment of patronage refund / interest on share capital (revolving capital)

(agreement lender-borrower take goods immediately and start making payment in the
future or pay for something at a later date)…hindi po ako sure if dito sya or sa capital
build up
v Acquisition of Loans/borrowings

v Solicitation/acceptance of donations, subsidies, grants etc.

v Fund raising activities

b. How much is the Cooperative's initial operating capital?

Php. 30,000 (own estimate ko lang po)

 c. Strategies for internal capital build – up (based from CBL)

* At least Php. 500 per month (ng ano poi to? Savings? Payment?)
* At least 10% of his annual interest on capital and patronage refund
* At least 10% of each good/service acquired from the cooperative

2. Revenue

Projected revenue based on the initial operating capital (example I have no basis for
this)

First Year: Php. 650,000

Second Year: Php. 700, 000

Third Year: Php. 750,000

3. Expenditure (costs, payments, expenses, overheads, dues example only based from
commercial coop kasi itong amount)

How much is the estimated expenses for:

First Year: Php. 200,000

Second Year: Php. 250,000

Third Year: Php. 300,000

4. Investments

Does the Cooperative intend to invest in the following?

v Cooperative Bank Mutual

Federation
v Insurance

Joint Ventures Others (specify)

C. Technical Aspect

1. What equipment/machineries/facilities are deemed necessary for the effective and efficient
operation of the Cooperative? (please check)

Typewriter Medical Instruments

Computer
v Warehouse

Tables
v Milling

Chairs
v Farm Equipment

Calculator
v Post Harvest Equipment

Vault/Safe Solar Dryer

Filing
v Cabinet Fishing Equipment

Others (specify)

2. How would the Cooperative procure its equipment/machineries/facilities?

Cash
v purchase Other mode/s (specify)

Loans
v

Donations
v
 3. What skills/experiences/trainings are deemed necessary for the operation of its
equipment/machineries/facilities? Computer Literate and Simple Accounting Skills

D. Organizational Structure

1. What qualifications/skills the Board of Directors should possess to enable them to

formulate sound policies, strategies and guidelines which would ensure success
of the Cooperative? Bachelor’s Degree with managerial skills and experiences

2. For its initial operations, who among the following officers/employees should be hired by the
Cooperative? (hindi po ako sure if kasama chairperson and vice chairperson..)

STAT. OF EDUC. EXPERIENCE/ MONTHLY

POSITION APPOINTMENT TRAINING SALARY

Chairperson Volunteer College Graduate/ Bookkeeper Allowance

Vice - Chairperson Volunteer College Graduate/ Bookkeeper Allowance
General Manager Volunteer College Graduate/ Bookkeeper Allowance
Accountant Volunteer C.P.A. Allowance
Treasurer Volunteer With Accounting Knowledge Allowance
Bookkeeper Volunteer With Accounting Knowledge Allowance
Secretary Volunteer College Graduate/ Bookkeeper Allowance
Cashier Volunteer With Accounting Knowledge Allowance

(Permanent, Contractual, Full-time, Part-time, Volunteer, etc.)

3. What are the Cooperative’s education programs for:

a) Members = Basic information on Cooperative

Ownership Seminar
Pre-membership Education Seminar

b) Officers = Seminar on Strategic Planning and Budgeting

Powers, Duties and Responsibilities
Management Seminar
Implementing Rules and Regulations on R.A. 9520

c) Staff = Management Seminar

Accounting or none Accountants

4. Who are the Chairmen and members of the following committees?

a) Audit: Chairperson –

Secretary –

Member –

b) Gender and Development: Chairperson –

Secretary –

Member –

c) Education & Training Chairperson –

Secretary –

Member –
 d) Mediation and Conciliation Chairperson –

Secretary –

Member –

e) Ethics: Chairperson –

Secretary –

Member –

We the founding Board of Directors, hereby certify that the foregoing economic survey was
prepared in accordance with the facts, information and other data we believed vital to the success of
the initial operation of the cooperative.

By:

Chairman