The cooperative's basic programs are the following:
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WORKERS AND ENVIRONMENT DEVELOPMENT COOPERATIVE
- Savings Mobilization -- the cooperative will implement this program through setting-up
of systems and mechanisms for building up savings and capital. Each member will be
given a pass book and will be encouraged to open and maintain savings and time
deposit accounts. The intention is not only to accumulate capital but to promote the
values and practice of thriftiness, saving, prudence, and investing among members
since these are essential requisites for sustainable economic progress. - Spend and Earn – the cooperative will develop and implement livelihood projects or
businesses that will promote big rebates and patronage refunds for the members.
Among the projects that will fall under this category are: rice and commodities
marketing, drugstores, convenience stores, laundry services, water refilling stations,
eateries, gasoline stations, local employment services, travel and tours, printing press,
production of goods and the like. The idea is to service mostly the basic needs of the
members and enable them earn more dividends, rebates or refunds every time they
spend for their needs. The more they spend, the more they will earn. - Social Services, Security and Insurance – the cooperative will formulate and
implement programs that will cater to the social needs of the members. Initially, WEDC
has ongoing negotiation with Urban Poor Affairs Office (UPAO) of Caloocan City for
housing project for its members. WEDC is also currently processing the registration of
its members with Philhealth and SSS. It is also in the process of establishing linkages
with several training institutions for possible scholarship tie-ups. Hopefully, WEDC will
be able to develop an independent social security and insurance program in the future. - Development Financing – the cooperative will implement development credit or
financing for its members. Its aim is to develop responsible and purposeful utilization of
borrowed capital in diverse profitable and beneficial activities. Development financing
will ensure that the dynamics of growth within the cooperative will be sustained. The
cooperative will develop linkages with various financing and banking institutions for
financial support as well as for fund safekeeping and investment. - Cooperative Bank – ultimately, the cooperative will work towards the formation of
informal or formal banking institution.
VISIT THE OFFICIAL WEBSITE OF
WORKERS AND ENVIRONMENT DEVELOPMENT COOPERATIVE
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The Workers and Environment Development Cooperative (WEDC) is an off-shoot of
the informal association formed by the members of the group involved in social
development works, issue advocacies, and community development initiatives. Other
members of the informal association are employees and the self-employed, intellectual, and
artistic workers. It started as an active forum to exchange ideas, experiences and
development plans or programs last June 2007. In November, after several months of
pre-cooperative operations, WEDC was formally organized. It was registered with the
Cooperative Development Authority (CDA) on November 27, 2007.
The need to institutionalize the informal association by forming a cooperative came about
after the group realized that they had to concretize and implement some of the development
programs they formulated. The cooperative was formed in order to implement
socio-economic programs that will provide income and livelihood opportunities to its
members and contribute in over-all societal progress or development.
On December 8, 2007, through the help of Tao at Kalikasan Development Center, Inc.
(TKDCI), a non-government organization, the WEDC launched and inaugurated its first
project, "Atlas Laundry and Dry Cleaning Service" located at # 76 Xavierville, Loyola
Heights, Quezon City. TKDCI's revenue from its Battle of the Bands concert featuring
Kamikazee and Rocksteddy was extended to the cooperative in a form of soft loan.
the informal association formed by the members of the group involved in social
development works, issue advocacies, and community development initiatives. Other
members of the informal association are employees and the self-employed, intellectual, and
artistic workers. It started as an active forum to exchange ideas, experiences and
development plans or programs last June 2007. In November, after several months of
pre-cooperative operations, WEDC was formally organized. It was registered with the
Cooperative Development Authority (CDA) on November 27, 2007.
The need to institutionalize the informal association by forming a cooperative came about
after the group realized that they had to concretize and implement some of the development
programs they formulated. The cooperative was formed in order to implement
socio-economic programs that will provide income and livelihood opportunities to its
members and contribute in over-all societal progress or development.
On December 8, 2007, through the help of Tao at Kalikasan Development Center, Inc.
(TKDCI), a non-government organization, the WEDC launched and inaugurated its first
project, "Atlas Laundry and Dry Cleaning Service" located at # 76 Xavierville, Loyola
Heights, Quezon City. TKDCI's revenue from its Battle of the Bands concert featuring
Kamikazee and Rocksteddy was extended to the cooperative in a form of soft loan.
In January, the cooperative embarked on
marketing operations where it directly tapped
several producers and manufacturers in bringing
the goods directly to end consumers at low
prices. The TKDCI will lend its L300 FB vehicle to
the cooperative for its project entitled "Groceries
on Wheels" (GROW) Project. The cooperative will
sell and deliver goods directly to eateries, retail
stores, bakeries, restaurants and different
communities. The cooperative's stationary store
and warehouse will be located at Kamuning
Market. Its office is currently located at Unit 301
DETA Building, No. 76 Don A. Roces Ave.,
Quezon City.
marketing operations where it directly tapped
several producers and manufacturers in bringing
the goods directly to end consumers at low
prices. The TKDCI will lend its L300 FB vehicle to
the cooperative for its project entitled "Groceries
on Wheels" (GROW) Project. The cooperative will
sell and deliver goods directly to eateries, retail
stores, bakeries, restaurants and different
communities. The cooperative's stationary store
and warehouse will be located at Kamuning
Market. Its office is currently located at Unit 301
DETA Building, No. 76 Don A. Roces Ave.,
Quezon City.
The cooperative's environment programs are:
by Rene K. Manalo
[Homepage]
- Advocacy and Awareness Program on:
conservation, rehabilitation and
preservation of the environment and
natural resources. - Participation in the implementation of
projects and activities promoting the health
of the environment.
by Rene K. Manalo
[Homepage]