Claveria, one of the 29 municipalities of the province of Cagayan, is among the few places in the Philippines, blessed with a wealth of scenery; vast natural resources; and industrious, hardworking people earnestly engaged in agriculture, industry and business for the rapid growth and prosperity of the place. It is composed of 41 barangays mostly agricultural in landscape.
In the early 1970’s, many Claverianos were overburdened by socio–economic difficulties more so with those in the depressed and remote barangays. This situation was aggravated by series of natural calamities which devastated crops, houses and infrastructures that cost thousands or even millions of pesos.
Solution was a must to address the situation and through the initiative of Mrs. Petrona E. Aguinaldo, a nurse and her husband Juan Aguinaldo, a former teacher, the Claveria Grassroots Credit Cooperative Incorporated was organized on August 6, 1972. Their concern and commitment to assist the Grassroots was complemented morally and supplemented financially by a very dedicated and service-oriented German-Priest, Fr. Edward Prawdzik, SVD, who was then the Parish Priest of Claveria. He was also the treasure keeper of the cooperative during its early stage.
The cooperative started with an initial operating capital of P1,128.00 with 28 members. Mrs. Petrona Aguinaldo acted as the President and General Manager, with only one employee who received P50.00 a month for a salary. The Board of Directors and members of the three committees namely Credit, Education and Supervisory rendered their services without monetary remuneration.
On May 8, 1988 the name was changed into Claveria Grassroots Multi-Purpose Cooperative and duly registered with the Department of Agriculture with Certificate of Registration No. FF 487-RR.
Upon the mandate of Executive Order No. 898, the cooperative was confirmed by the Cooperative Development Authority with Confirmation No. 1187 on April 11, 1991 and was re-registered on November 11, 2009 with Confirmation No. 9520-02002109 in compliance with RA 952
Initially, only savings and credit services were offered but as years went by, there was a necessity of increasing the scope of services and venturing into other businesses in order to cater the growing and changing needs of members. So, aside from credit services wherein different kinds of loans are granted, several services were offered like Consumers and Marketing operations which include merchandizing/retailing of basic commodities: groceries, appliances, school and office supplies, pharmaceuticals/medicines, farm inputs, agricultural supplies and veterinary products as well as electrical items and palay trading. Allied services such as retailing a CALTEX Gasoline Station, caters to the needs of the members with world-class fuels and lubricants. Other services include Internet Café with printing services.
In 2015, the Cooperative opened another cooperative door through the establishment of its first branch office located at Abulug, Cagayan offering deposits and loans services. Area of operation also expanded throughout the whole Luzon area, thereby increasing membership and members’ portfolio significantly. In 2017, the Camalaniugan Satellite Office was established to provide lending and savings services for members residing farther north. From the beginning the Cooperative str
|NAME (alphabetical order)||YEAR AFFILIATED|
|1. Cagayan Credit Surety Fund||2015|
|2. CLIMBS Investment Advisory Corporation||2014|
|3. CLIMBS Life and General Insurance Cooperative||2012|
|4. Metro South Cooperative Bank||2006|
|5. National Confederation of Cooperatives||2009|
|6. Northern Luzon Federation of Cooperatives and Development Center||2014|
|7. Northern Philippines Cooperative Union||2016|
|8. Nueva Segovia Consortium of Cooperatives||2014|
|9. 1 Cooperative Insurance System of the Philippines Life and General Insurance||2016|
CULTURE OF GOOD GOVERNANCE
The growth and success of the cooperative has not been achieved if not of the dedicated, committed and service-oriented management staff headed by the General Manager, officers who are doing well their duties and responsibilities and the general membership represented by the Board of Directors who formulate the policies and guidelines that govern the smooth and honest operation of the cooperative.
As the cooperative continue to grow and keep pace with the advancement of technology and automation, it is racing at par with other primary cooperatives in the country. It’s undaunted liquidity and supreme management has propelled it to harvest awards, citations and recognitions and continuing its mission to meet the socioeconomic needs of members by providing quality financial, agricultural, social and other allied services with utmost efficiency and stays vigilant in the realization of its vision of a progressive and financially stable and viable e-cooperative.