Wed, 13 Nov 2019

Tagum Cooperative, Asia's best cooperative

Philippine Information Agency
23 Oct 2019, 22:38 GMT+10

DAVAO DEL NORTE - Home-grown Tagum Cooperative stands as the only cooperative in Asia to have achieved the highest level of excellence in service and financial soundness.

It now bears the recognition as the first and only ACCESS Gold Awardee given during the Asian Confederation of Credit Union (ACCU) Forum, the annual gathering of Credit Unions or Cooperatives from all over Asia, that was held on September 26-28, 2019 in Kuala Lumpur, Malaysia.

Tagum Cooperative explains ACCESS as A-One Competitive Choice for Excellence in Service and Soundness which is a quality assurance tool attesting the service excellence and financial soundness of a cooperative.

Bannering the theme, "Making Positive Impact on the Lives of People through Ethical Cohesion for Financial Stability, Good Governance and Inclusivity of Asian Credit Union Standards," the ACCU Forum also conferred ACCESS Silver Accreditation to 10 other cooperatives coming from the Philippines, Nepal and Indonesia and ACCESS Bronze Accreditation to 16 cooperatives from Nepal

Tagum Cooperative started with ACCESS Bronze accreditation in 2014 and sustained its ACCESS Silver Accreditation in years 2015, 2016, 2017 and 2018.

Tagum Cooperative Chief Executive Officer Juris D. Perez said that attaining the ACCESS Gold accreditation was an offshoot "to the commitment to sustain, innovate and strengthen the best practices of Tagum Cooperative".

She was giving credit to Tagum Cooperative members "who continue to patronize the products and services, with the help of the ever-dedicated Officials and hardworking Management and Employees".

Noting that the cooperative had long aimed for the ACCESS Gold accreditation, Tagum Cooperative Chairperson Rosalina S. Argent viewed the recognition as a tool of encouraging Tagumenyos and the general public "to be part of the growing cooperative movement, especially Tagum Cooperative which is a steward of financial literacy and youth empowerment".

Prior to the awarding, Tagum Cooperative went through a series of ACCESS Audit that was conducted on July 15 - 18, 2019 by the National Confederation of Cooperatives (NATCCO) team spearheaded by Daisybelle M. Cabal together with Evangelina M. Quiazon, Alfredo V. Gomez, Jr. and Rosario Candido.

The validation focused on 86 indicators under major perspectives: Financial, Internal Business Process, Member-Customer and Learning & Growth. (PIA XI Jeanevive Duron Abangan with reports from Tagum Cooperative Communications and Press Relations)

More Southeast Asia News

Access More

Sign up for Southeast Asia News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!