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Coops in CV unite: CDA chairman

Chairman Joseph B. Encabo of the Cooperative Development Authority (CDA) said the first meeting of the Regional Clustered Organization (RCO) last June 7, 2021 was the beginning of the unity of cooperatives in Central Visayas.

Encabo said he personally heard the issues from coop leaders which can contribute to the policy-making of the CDA.

“We need the cluster of cooperatives all over the country so their voice and leadership can improve the CDA services,” Encabo said.

The CDA which was created by Congress to provide access to capital to ordinary Filipinos was used to be under the Office of the President and is now under the Department of Trade and Industry (DTI).

Encabo was appointed by President Rodrigo Duterte for more than two months ago, and has assured the public of several reforms within this year.

“If we want reforms, we must start it at home. The CDA central office and regional offices must use all its resources that could benefit all cooperatives in the country,” Encabo said.

He said he instructed his subordinate officials to come up with a study, within two months, to reduce the list of requirements to cooperatives to lessen their burden. He urged all CDA officials and employees to perform based on their mandates or else they will be sent to floating status.

“I am serious. I don’t give a shit on who you are. I don’t care if I will last only one year in the CDA as long as I am working for the good of the cooperatives,” Encabo said.

Encabo, whose father was born in the City of Naga, Cebu, has also attended a joint meeting of the Cebu Credit Surety Fund (CCSF) and the Mandaue City Credit Surety Fund (MCCSF) which are now processing to be a division of the CDA.

CCSF and MCCSF were created by Bangko Sentral ng Pilipinas (BSP) to help the government in achieving inclusive growth. Under the new law passed by Congress, the CSF all over the country must now be a division of CDA.  ELIAS O. BAQUERO