ALLIED SERVICE MULTI-PURPOSE COOPERATIVE OF NORTHERN MINDANAO
Bugo, Cagayan de Oro City, Philippines
TeleFax: +63 (088) 855-4844, TelNo.: +63 (08822) 72-4110, TelNo.: +63 (088) 855-4313 local 2582
(formerly DMPI EMPLOYEES CONSUMERS COOPERATIVE)
June 12, 2007 - The President

 

To My Allied Coop Colleagues,

Greetings!.

It has been three months since the new set of officers of Coop Year 2007 took office.

It is during these months that important positive changes have taken place for our cooperative.

1) New Home. With the Credit and DEARBC Offices, the main store and kitchen have moved into the new DMPI Group of Cooperative Building last March 25, 2007. After 42 years, finally, we have a business office that we can finally call our own.

2.) Service Provider. Last April 01, 2007, we formally made our mark as a service provider, deploying 350 Allied member - workers. On top of this, we also continued with our security services, with 14 security guards deployed in Cagayan de Oro, Manolo Fortich and Misamis Occidental.

3.) New Vale Entitlement. To improve the Coop's collection rate, a new vale entitlement which was base on member's capacity to pay, was approved by the Board of Directors. And, in consortium with the Credit Coop, the COOP-PERA was implemented.

Alllied Swervices Multi Purpose Cooperative
Coop Year 2007


Board of Directors Focus Areas

Marites P. Coronia - President & Chairman of the Board
Bong B. Quiblat - Vice President; Education Committee; Job Contracting Services
Albert M. Yandug - Treasurer; Finance
Johnny D. Abangan - Internal & External Affairs; Coop Academy
Steve R. Bass - Technical and Building Committee
Ramon A. Po - Food Service Committee
Wendell G. Obial - Main Store & New Business
Gingging V. Peralta - Purchasing & Receiving

Geoffrey N. Estorba - Audit Inventory Committee
Warlita Palapo
Rollen Rocha


Ariel Igot - Election Committee
Bobby Sedigo
Samson Cabrillos

4) New Businesses. To further improve the profitability of the Coop, new linkages were and will be inked: with Gaisano, Lechon manok with Sr. Pedro, Big * Mktg. for DM Products, Fivel Enterprises for Nestlef products and soon, with SM CDO.
5) Updated Procedures. For a better check and balance, the centralized purchasing and receiving procedures for the Coop were implemented. This allowed for only one (1) storage and receiving area for all Coop goods and materials.
6) Board of Director Focus Area. Each member of the Board was tasked with an operating area to oversee and progress reports are given during the monthly board meetings.

On the Coop's financial condition (as of April, 2007), assets increased to Ps 45M, up by Ps13M over April 2007. Sales and operating expenses have been kept at relatively the same level as April 2006.

Thank you and God bless our Coop.

Marites P. Coronia
President & Chairman of the Board

     
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