Issue of November 3, 2019
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Cooperative in Benguet employ over 1,600 people
by Ofelia C. Empian

Cooperatives in Benguet provided employment to several residents, according to the Cooperative Development Authority.

The CDA reported that 1,643 individuals composed of 545 males and 1,098 females are employed in various cooperatives in Benguet.

CDA Cordillera Director Franco Bawang has encouraged the various groups to continue managing their cooperatives well, as their relatives will also be the one to benefit from the coops.

“We will be able to provide jobs to our relatives and our children where they can work after they graduate,” he said.

There are 337 registered cooperatives in the province as of December 2018, but 110 of them are considered non-operational.

La Trinidad has the highest number of cooperatives with 120 followed by Itogon with 38, Tuba with 24, Buguias with 22, Atok with 20, Bakun with 17, Mankayan with 16, Kabayan and Tublay have 15, Kibungan with 14, Sablan with nine, and Bokod with five.

Benguet State University and Community Multipurpose Cooperative has the most number of members with 25,927, followed by Taloy Farmers MPC from Tuba with 11,624; Kabayan MPC with 11,598; Bokod Sulphur MPC with 8,432; and Bad-ayan Buguias Development MPC with 7,969 members.

Bawang said Benguet cooperatives have also increased their accumulated assets to 189 percent within five years.

As of Dec. 2018, the total accumulated assets of Benguet reached to P6.517 billion, which is higher than Baguio City’s P6.124B assets by P393 million.

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