Sunday, October 27, 2019

The Insider's View: A Better Living Through Cooperative


Life is easier, lighter, and brighter when people work together for a common goal and interests; when people aspire to uplift and improve their lives. That's the essence of a Cooperative a group of like-minded people working towards sustainable economic development.

In our hometown in Jamindan, Province of Capiz, we have welcomed the establishment of the largest Agri-based Cooperative in the Philippines. It is the Sorosoro Ibaba Development Cooperative or SIDC that was founded and first established in the Province of Batangas in 1969.


In celebration of the 50th year of SIDC, we have warmly welcomed their partnership for local economic development and put up the first-ever SIDC One Stop Shop in the Visayas; which is in our hometown of Jamindan.

I am fortunate to have applied for a regular membership before its grand opening on October 30 and I was able to have a glimpse of their products and services to the people and community.

As an Agricultural-based Cooperative, SIDC will have products and services for its members which include Organic fertilizer, veterinary products,  feeds, meat shops, and provide assistance and partnership for Hog raising or pig farming. 


SIDC also has Koopinoy Savings and Loans service to its active members to support their financial needs and growth. Members will have an opportunity for a loan to start up their farm business. They also provide other loan services like a vehicle loans, motorcycle/tricycle loans, micro and enterprise loan for entrepreneurs with no collateral requirement for members.

For member Savers, Koopinoy provides a passbook savings account and time deposit with higher interest per annum. Even children below 18 years old can open a savings account to secure their future.


SIDC has a modern look grocery/convenience store that offers the lowest price in town. This is another savings for the members and consumers
aside from the Loyalty rewards as a member.

SIDC will also accept bills payment for various utility bills and also has a money remittance service in partnership with Truemoney padala. Consumers will experience convenience on these financial services.

SIDC One Stop Shop in Jamindan will open its door to everyone and may it bring progress in the lives of the people who patronize its products, services, and programs. This way we will achieve a better local economy leading to a better community.

© 2019 Del Cusay