More coops join PCSF
LINGAYEN–More multi-purpose cooperatives (MPCs) in the province are participating in the Pangasinan Credit Surety Fund (PCSF).
As of June 30, 2014, Rogelio Dela Peña, head of the PCSF oversight committee, reported that from 11 cooperatives in 2011, there are now 23 cooperatives paying contributions to the fund.
Paid contributions of the 23 existing member-cooperatives have reached P6,292,000, with a P41,050,000 in outstanding loans.
Top coop-contributors are the Albacopa Federation of Cooperatives in Alcala town with P1.6 million, the San Gabriel Segundo MPC in Bayambang with about P1-million, and the Malingas MPC in Calasiao with P500,000.
Pangasinan Swine Growers MPC in Balungao has P320,000 share; and the Lambayan MPC in Mapandan, Pangascasan Women’s MPC in Sual, and Northern Bayambang Marketing MPC each has P300,000 contribution. (Johanne R. Macob/PIO)
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