TABUK MULTIPURPOSE COOPERATIVE: Tabuk, Kalinga Apayao
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TABUK MULTIPURPOSE COOPERATIVE: Tabuk, Kalinga Apayao In line with the community development of the Philippine Episcopal Church (PEC) and in an attempt to address the credit need of the non-bankable congregation of St. Thomas Parish Anglican Church (Tabuk, Kalinga), thirty three (33) parish members met on March 14, 1971 to organize a Credit Cooperative. The initial contribution of the founding members amounted to P1,235.00.
By October of the same year, the credit cooperative was registered with the Cooperative Administration Office, the Tabuk Cooperative Credit Union, Inc. (TCCUI). TCCUI depended purely on the meager resources of the parish church and of the members. The credit union grew in both assets and membership so that by the year-end of 1975 it had an asset of P246,299.55 and membership of 310.
Like most Philippine co-ops, TCCUI had a very humble beginning. It has its inception with a strong vision of an abundant life for its members anchored on the ideas of cooperativism, self-reliance and belief in the necessity of Spiritual guidance in any human endeavors. It adopted the Biblical passage, I CAME THAT THEY MIGHT HAVE LIFE AND HAVE IT MORE ABUNDANTLY. (John 10:10) as its vision.
This four-year period was considered the agony of TACCUI as it experienced a steady decline in its resources. The negative trend, based on the findings of the management audit team, was largely due to the inadequate education of members of the principles, system and values of cooperativism coupled with lack of managerial skills of the officers.
This condition almost led to the total collapse of the cooperative when it incurred a decrease of 78% of its assets and 82% of its members.
Alarmed with the negative events, the Board of Directors sought the assistance of the cooperative consultants and requested for an external financial management audit. Based on findings and recommendations, the BOD prepared a recovery plan. Invoking the guidance of the Almighty God, the plan was religiously implemented which slowly resulted in the reversal of the negative trend and eventually triggered a miraculous resurrection of an almost dead cooperative. TCCUI after fourteen long years of agony, finally reached its mark in assets to join the Cooperative Millionaires Club of the Philippines in 1984.
With its finances of 81 Million Pesos and in response to the clamor of 3,994 members for more services, TCCUI was converted into multipurpose co-operative status, called the TABUK MULTIPURPOSE CO-OPERATIVE or TAMPCO as it is known today.
For its expansion in 1991, the cooperative acquired a 1.5 hectare lot where the TAMPCO Agribusiness was housed. It is equipped with a multi - pass Mill (palay) Machine, mechanical and solar drier, Warehouse (bodega) and transport facilities to procure palay produced by member - farmers and to market its finished products.
In 2002, the co-op have put up a three-storey building in front of the Agribusiness Complex called, the TAMPCO Inn and Training Center. The building first phase construction was initially funded from the CDF of the former Co-op NATCCO party list Cresente Paez and the rest was an infused funds from the TAMPCO coffers.
At present, TAMPCO has captured the hearts and minds of the cooperators in the NATCCO Network as one of the most admired co-operatives in Northern Philippines and considered as one of the biggest community-based Type Cooperative in the whole country today.
- "TABUK MULTI-PURPOSE COOPERATIVE Dagupan, Tabuk, Kalinga".http://www.cda.gov.ph/ (August 30, 2007).