Articles

ARTICLES OF COOPERATION

Of

PANTAO MULTIPURPOSE AGRICULTURE COOPERATIVE

KNOW ALL MEN BY THESE PRESENTS:

We, the undersigned Filipino citizens, all of legal age and residents of the Philippines, have voluntarily agreed to organize a primary cooperative, under the laws of the Republic of the Philippines.

AND WE HEREBY CERTIFY:

Article I

Name of the Cooperative

That the name of this Cooperative shall be PANTAO MULTIPURPOSE AGRICULTURE COOPERATIVE

Article II

Type and Purpose(s)

That the type of this cooperative is MULTIPURPOSE and the purpose(s) for which this Cooperative is organized is/are to engage in:

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Article III

Goals

That the goals of this cooperative is to help improve the quality of life of its members and in furtherance thereto shall aim:

1. To attain increased income, savings, investments, productivity, and purchasing power, and promote among themselves equitable distribution of net surplus through maximum utilization of economies of scale, cost-sharing and risk-sharing;

2. To provide optimum social and economic benefits to its members;

3. To teach members efficient ways of doing things in a cooperative manner;

4. To propagate cooperative practices and new ideas in business and management;

5. To allow the lower income and less privileged groups to increase their ownership in the wealth of the nation;

6. To actively support the government, other cooperatives and people oriented organizations, both local and foreign, in promoting cooperatives as a practical means towards sustainable socio-economic development under a truly just and democratic society;

7. To institutionalize a dynamic savings mobilization and capital build-up schemes to sustain its developmental...