(Exclusive for University of the East Caloocan Campus Employees and Faculty Members)
Here are seven good reasons:
1. OWN the cooperative.
UECMC members own the cooperative equally. You can be as active as you
choose. You have a voice and a vote at Regular General Assembly
Meetings, which is held once every year or even during Special General
Assembly Meetings, where you help define the vision and mission of our
cooperative, and are welcome to share your views for its betterment. You
can serve on a committee or even become a member of the Board of
Directors, suggest new services and products, and volunteer in the
implementation of projects. Since UECMC is still very young, there are
wider rooms of opportunities available for both the cooperative and you.
2. REFUND your expenses.
UECMC members receive patronage refunds for the products and services
that they took advantage of in the cooperative. Meaning, members are
actually not just availing the products and services at affordable
prices but also at prices a lot lower or “cheaper” than the usual.
3. Have a PASSIVE INCOME.
By investing in the cooperative, that is by buying shares of stocks,
you are not just saving the money you earn but also you are making your
money work for you because the amount you invested will determine your
share in the net surplus of the cooperative during the yearly dividend
distribution.
4. SAVE the money you earn.
UECMC members are required to save at least a little portion of their
salary to their Savings Deposit Account. They are also encouraged to put
up their Time Deposit Accounts that could earn interest higher than
what they could earn in other savings and financing institutions.
5. Participate in TRAINING and other LEARNING OPPORTUNITIES.
As a member of UECMC, you will be equipped with knowledge that will
immerse you in to the idea of the cooperative movement, its principles
and objectives, as included in the curricular requirements prescribed by
the cooperative authority.
6. Get involved in the COMMUNITY.
Being a member of UECMC is much more exciting as the members given the
chance to share what they have in excess to the community through
outreach programs.
7. Start an INCOME-GENERATING activity.
UECMC members are given equal opportunity to think, to design, to
propose and, if feasible and approved by the directors, to implement a
business that can be a secondary source of their income.
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