CAPITAL BUILD - UP
The cooperative will grow only if there is a continuous capital build-up. Every member shall invest in the share capital of the cooperative. Some of the schemes are as follows:
A. Retention of at least 2% of each loan granted to him/her;
B. Retention of at least 100% of his annual dividend on capital; except for a member with share capital of Php. 15,000.
C. Retention of at least 100% of his/her annual patronage refund.
D. Share capital campaign thru promo with the following mechanics:
A. Retention of at least 2% of each loan granted to him/her;
B. Retention of at least 100% of his annual dividend on capital; except for a member with share capital of Php. 15,000.
C. Retention of at least 100% of his/her annual patronage refund.
D. Share capital campaign thru promo with the following mechanics:
- Open to all members of Anabu Development Cooperative;
- The member shall deposit a minimum share deposit of Php. 200.00 to be qualified for one raffle number;
- The more Php. 200.00 share capital deposits added, the more ruffle number and the bigger the chance of winning;
- Raffle draw will be held during the ANADECO General Assembly Meeting in the presence and under the supervision of Audit Committee Representative. Master List of all qualified depositors and their corresponding raffle numbers will be presented to the Audit Committee;
- Prizes will be given during General Assembly to present winners;
- In case of absence, winners will be properly notified and the list of winners will be posted in our Bulletin Board. He/she should personally claim his/her prize at the ANADECO Office.
- Prizes not claimed within sixty (60) days from the receipt of notification will be forfeited in favor of ANADECO.