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    Republic Act No. 6939-The Cooperative Development Authority

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    Albert Cereno Serrano
    The Cooperative Development Authority (CDA) was created by Republic Act No. 6939 to implement the cooperative development program in the Philippines, as outlined in the new Code on Cooperatives. The CDA is tasked with formulating and implementing plans to promote cooperatives, providing training and support to cooperatives, and registering and assisting cooperatives. The purposes of the cooperative development program include facilitating redistribution of income and wealth, promoting community development, systematizing cooperative development, and providing opportunities for the poor.

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    Republic Act No. 6939-The Cooperative Development Authority

    Uploaded by

    Albert Cereno Serrano
    77 views2 pages
    The Cooperative Development Authority (CDA) was created by Republic Act No. 6939 to implement the cooperative development program in the Philippines, as outlined in the new Code on Cooperatives. The CDA is tasked with formulating and implementing plans to promote cooperatives, providing training and support to cooperatives, and registering and assisting cooperatives. The purposes of the cooperative development program include facilitating redistribution of income and wealth, promoting community development, systematizing cooperative development, and providing opportunities for the poor.

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    The Cooperative Development Authority (CDA) was created by Republic Act No. 6939 to implement the cooperative development program in the Philippines, as outlined in the new Code on Cooperatives. The CDA is tasked with formulating and implementing plans to promote cooperatives, providing training and support to cooperatives, and registering and assisting cooperatives. The purposes of the cooperative development program include facilitating redistribution of income and wealth, promoting community development, systematizing cooperative development, and providing opportunities for the poor.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    77 views2 pages

    Republic Act No. 6939-The Cooperative Development Authority

    Uploaded by

    Albert Cereno Serrano
    The Cooperative Development Authority (CDA) was created by Republic Act No. 6939 to implement the cooperative development program in the Philippines, as outlined in the new Code on Cooperatives. The CDA is tasked with formulating and implementing plans to promote cooperatives, providing training and support to cooperatives, and registering and assisting cooperatives. The purposes of the cooperative development program include facilitating redistribution of income and wealth, promoting community development, systematizing cooperative development, and providing opportunities for the poor.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Republic Act No.

    6939- The Cooperative Development


    Authority
    RA 6939 was formulated to realize the declared policy of the State under the
    new Code on Cooperatives which provides for the creation of the Cooperative
    Development Authority (CDA). The CDA is the agency task to implement the
    program of cooperatives in the Philippines.
    FUNCTIONS:

    Formulate, adopt and implement integrated and comprehensive plans and


    programs on cooperative development.
    Develop and conduct management and training programs upon request of
    cooperatives.
    Support the voluntary organization and consensual development of activities
    that promote cooperative movements and provide assistance towards
    upgrading managerial and technical experience upon request of the
    cooperative concerned.
    Coordinate the efforts of the local government units and the private sector in
    the promotion, organization, and development of cooperatives.
    Register all cooperatives and their federation and unions including their
    division, merger, consolidation, dissolution or liquidation.
    Assist cooperatives in arranging for financial and other forms of assistance
    under such terms and conditions as are calculated to strengthen their
    viability and autonomy.
    Impose and collect reasonable fees and charges in connection with the
    registration of cooperatives.
    Administer all grants and donations coursed through the government for
    cooperative development, without prejudice to the right of cooperatives to
    directly receive and administer such grants and donations upon agreement
    with the grantors and donors thereof.
    Formulate and adopt continuing policy initiatives in consultation with the
    cooperative sector through public hearing.
    Exercise such other functions as may be necessary to implement the
    provisions of cooperative laws.

    Purposes of the Cooperative Development Program

    Facilitate redistribution of income and wealth;


    It is a means for community development;
    To systemize the development of cooperatives;
    To give more opportunities to the poor.

    Objectives of Cooperatives
    The primary objectives of every cooperative is to provide goods
    and services to its members and thus enables them to attain increased
    income and savings, investments, productivity, and purchasing power and
    promote among them equitable distribution of net surplus through maximum
    utilization of economies of scale, cost- sharing and risk- sharing without,
    however, conducting the affairs of the cooperative for charitable purposes.

    A cooperative shall provide maximum economic benefits to its


    members, teach them efficient ways of doing things in a cooperative manner
    propagate cooperative practices and new ideas in business and management
    and allow the lower income groups to increase their ownership in the wealth
    of the nation.

    Types of Cooperatives in the Philippines


    Credit Cooperatives composed of persons who are bounded by common
    interest.
    Consumers Cooperatives composed of consumers residing in particular
    community.
    Producers Cooperative composed of skilled workers and craftsmen.
    Marketing Cooperative cooperative that engaged in the sale of farm
    products produced individually by member/farmer of their respective farms.
    Service Cooperatives - cooperative that established by members to provide
    themselves with certain services which would help ameliorate their life such
    as medical care, hospitalization, housing, etc.
    Multi-purpose Cooperatives combines two or more of the business activities
    of those different types of cooperatives.

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