Davao Diversion Road Landslide Area

Pinoy ATM Card Meeting

Model Cooperative Network Sportfest

This is a video clip from Model Cooperative Network (MCN) Sportsfest at Palos Verdes, Davao City 

CISP Turnovers Dividend to AMPC

EVP & COO of CISP Mam Cecil Laguna, visits MCN today and facilitates issuance of checks for dividend distribution to AMPC and Silangan MPC. :-)

Motivational Stories

Credits to original article owner: Roger Darlington

http://www.rogerdarlington.me.uk/bbooks.html#Cheese

    No less than 78 thoughtful stories, motivational tales,
and pieces of wisdom from around the world

Some of the most memorable lessons in life come from stories - whether these be nursery rhymes or children's fables read to us by our parents, parables from the Bible or Jewish wisdom tales, or motivational booklets like "Who Moved My Cheese?" [click here]. I thought that it would be fun and helpful to collect some of the stories that I've found meaningful and share them with you. Each new story is added at the top of the page, so visit as often as you like and feel free to e-mail me your story.

"Tell me a fact and I’ll learn. Tell me a truth and I’ll believe. But tell me a story and it will live in my heart forever."
Native American proverb

"All stories teach, whether the storyteller intends them to or not. They teach the world we create. They teach the morality we live by. They teach it much more effectively than moral precepts and instructions".
Philip Pullman, author of the "His Dark Materials" trilogy, speaking in 1996

"Everything we know comes in the form of a story, a narrative with a beginning and end. Delia Smith’s recipes and the handbook of latest version of Windows are stories just as much as 'Coronation Street'. A thing becomes meaningful only when we can embed it in a story."
Dorothy Rowe, "The Independent on Sunday", 31 March 1996

"Human beings are meaning-seeking creatures; we crave narratives that have a beginning and an end - something that we rarely encounter in everyday life. Stories give coherence to the confusion of our experience."
Author Karen Armstrong, "Guardian", 26 August 2006

"Stories are memory aids, instruction manuals and moral compasses."
Aleks Krotoski, "Observer", 7 August 2011

"Stories are compensatory. The world is unfair, unjust, unknowable, out of control."
"Why Be Happy When You Could Be Normal?" by Jeannette Winterson (2011)

"Telling stories is our way of coping, a way of creating shape out of a mess. It binds everyone together."
Canadian film director Sarah Polley, "Observer", 23 June 2013

“The key to the future of the world is finding the optimistic stories and letting them be known.”
American singer-songwriter Pete Seeger (1919-2014)

AMPC Launch Members Education Briefing Program

AMPC implements MEB or Members Education Briefing for all members of the Agdao Multipurpose Cooperative this is to keep members updated on the latest development and member related information on what’s going on in our cooperative. This is also a venue for members to air out concerns, questions, and observations so that the board can formulate policies and for management to implement. Additionally, Annual Ownership Meeting shall be replaced by the conduct of the regular MEB to AMPC members. This members education briefing is initiated by the Membership Committee under the Education Committee Chairperson Dir Allaga.

What is Members Education Briefing?

MEB or Members Education Briefing is a short lecture type briefing for members availing major loans of AMPC to augment knowledge about loans, deposits, insurance, & other membership rights, responsibilities and obligations. It is also a forum for members to air concerns and be informed on the latest policies approved by the board and implemented by the management. The MEB is already implemented by AMPC for a few branches started last year and found out to be an effective venue for members to communicate the concerns needed to be acted and eliminate gray areas in the policies affecting members of AMPC. The board approves the training of the pool of educators of AMPC who shall officially conduct the education briefing to the members and the membership committee plans to conduct a 2^nd batch of member education volunteers that we hope to be participated and represented per branch. If you are interested to volunteer please see your respective branch managers.

Why is MEB necessary for AMPC?

We value our members. Our members have the right to know the affairs of the cooperative. Through the MEB program we can keep the members updated of what the cooperative is doing. We also believe that informing the members can help them appreciate other services offered by the cooperative and thru this information we hope that members will avail the product of AMPC. The Deposits, Loans, Insurance, and DAMAYAN are basic services that members need to understand.  

What is Members Education Volunteer (MEV)?

Members Education Volunteer or MEV are member of AMPC who completed and have undergone a 2 days Training on AMPC’s products and services. Members Education Volunteers are required to have a free time on scheduled lecturers to members. The MEV’s are the ones allowed to conduct the MEB partnered by a staff of AMPC for technical concerns.   

How will MEB be conducted by AMPC?

Members Education Briefing is conducted to members who avail a major loan of the cooperative it is done before a loan is released. This is a required step/process for member’s major loan and attendance is valid for 1 year from the last date of attendance. An attendance logbook is maintained to validly claim that the member has already attended the MEB. If you are a member from another branch attending MEB in another Branch a member must secure a certificate of attendance aside from the logbook as proof of attendance of MEB.

Is there a Fee to Attend the MEB?

There is a required cost share of members amounting to P20 pesos to subsidize for snacks and materials of MEB. This is not enough but it would help augment expenses of the coop.

Our Challenge to all our Members

 
We believe that AMPC with the support of the members can spread its services to a wider audience and provide better services through this program. We urged members to cooperate in this endeavor and let us help build better AMPC in the years to come.

AMPC: Mortuary Fund Policy

MORTUARY FUND POLICY

1.       Mortuary fund of Five hundred pesos (P500.00), Philippine currency, shall be collected from coop members upon acceptance and approval of application.

2.       It shall be a policy of AMPC to require all members, whether regular or associate, to maintain a minimum monthly mortuary fund deposit of Two Hundred Pesos (P200.00) with an obligation to monitor that the same mortuary fund deposit shall not be depleted.

3.       It shall be a policy of this cooperative that the benefits for death of members shall be based on share capital of each member as well as the number of years he has maintained membership in the cooperative based on the computation as follows:

Regular Member (one year and above):

Share Capital	% of Mortuary Contributions @ Php15.00/member	Amount of Contribution (Php15)
1,000-2,999	65%	9.75
3,000-4,999	70%	10.50
5,000-6,999	75%	11.25
7,000-8,999	80%	12.00
9,000-10,999	85%	12.75
11,000-12,999	90%	13.50
13,000-14,999	95%	14.25
15,000 and above	100%	15.00

  

The bigger the amount of share capital, the bigger mortuary benefits assured.

Duration of Membership	% of Mortuary Fund Benefit
less than 1 month	5% of MFB
1 month	8%
2 months	17%
3 months	25%
4 months	33%
5 months	42%
6 months	50%
7 months	58%
8 months	66%
9 months	74%
10 months	83%
11 months	92%
12 months	100%

For death due to accident, availment is 100% provided his/her mortuary and/or savings deposit is/are active at the time of accident.

1.       Mortuary benefits shall be subject to 5% admin fee.

2.       Mortuary benefits shall be given to the beneficiary accordingly designated by the member. Should the designated beneficiary is other than his legitimate wife or legitimate heir, the designation shall be made under oath; otherwise the benefits shall be given to the legitimate heir. A proof or proofs of identity and proofs of family relationship shall be required.

3.       If and when the whereabouts of the legitimate heir is unknown, the mortuary benefits (after deducting expenses for the deceased-eg. hospital, burial and related expenses) shall be held in trust by AMPC for a period of not more than three (3) years. If and when the legitimate heir is still missing after three (3) years, the mortuary benefit shall then be returned to the funds of the cooperative.

4.       For 100% Mortuary Benefit, an initial amount of Fifty thousand pesos (P50,000.00) shall be released upon verification and confirmation of claims by a duly authorized officer or representative of AMPC within a period of Two (2) working days.

5.       The remaining balance shall only be released upon submission of the following requirements within Two (2) working days such as death certificate, birth certificate or any valid document for identification purposes.

Upon submission of the aforesaid documents, the remaining amount of the mortuary benefit shall be released within Three (3) working days.

6.       It is the responsibility of each member to replenish his/her mortuary contribution regularly and it is mandatory that replenishment be made through automatic deduction from his/her savings, if any, in the amount fixed by the accounting department in order to avoid forfeiture of claims without prior notice.

A member who fails to pay his/her mortuary contribution can be reactivated after replenishment of his/her mortuary fund contribution and/or deposit within a period of Thirty (30) days from the date his/her mortuary deposit has been depleted.

However, he/she shall be reverted back to pro-rata basis as shown in the above schedule in case he/she fails to replenish the same within the said reglementary period.

7.       The mortuary benefit shall be forfeited if both mortuary and savings deposit of the deceased are zero (0) balance at the time of his/her death. It shall extend the grace period to Thirty (30) calendar days from the moment the mortuary fund of the cooperative member turned Zero (0) balance to replenish such account, amending the prior policies thereof.

8.       Overdue loan accounts of any deceased member not covered by insurance shall be settled first before any release of the mortuary fund benefit. In case the primary beneficiary is the surviving spouse of the deceased with an outstanding financial obligation with the cooperative, the corresponding amount equivalent to an amount, which is due and demandable shall be deducted from the mortuary benefit.

9.       Each regular member shall contribute P15.00 for the death of a regular member and P5.00 for the death of an associate member, it must be understood that an associate member is entitled to receive 100% of the said amount.

10.    An associate member shall contribute P5.00 for the demise of either a regular or an associate member.

11.    For death due to suicide, only 25% of the mortuary fund benefit shall be released to the beneficiary.

12.    The length of membership and their corresponding benefits for members with zero (0) mortuary fund on the date of their death are as follows:

Year/s	Mortuary Benefits
0	P0.00
1-10	P1,000 – 10,000 (Php1,000 per year)

 

1.       Unclaimed mortuary benefits after the considerable lapse of time despite the fact of death as evidenced by the pertinent certification shall be forfeited based on the following:

Place of Death	Days after the date of death
Davao City	90 days
Outside Davao City	180 days
Abroad	360 days

1.       All costs incurred in the processing and evaluation of death outside Davao City shall be deducted from the proceeds of mortuary fund benefits.