Baguio women coop proposed

Councilor Lilia Farinas has penned an ordinance seeking to establish the Kalipunan ng Liping Pilipina (Kalipi) Women’s Cooperative of Baguio City.
The Kalipi is the women federation of Baguio which is non-political, non-stock, non-profit, and non-sectarian.
It is under the supervision of the City Social Welfare and Development Office and responds to the needs of women’s organizations in the barangays in order to genuinely promote women’s development and empowerment by harnessing their strengths and developing their full potential as human beings.
The proposed women’s cooperative shall be made up of the different Kalipi barangay women’s associations to be collectively organized under the direct supervision of the CSWDO with the assistance of the Cooperative Development Authority, the committee on social services, women, and urban poor of the city council, and other government line agencies.
The proposal includes crafting of the coop’s by-laws and articles of incorporation.
The proposal further states that the cooperative shall adopt the seven cooperative principles reformulated by the International Cooperative Alliance in Vienna in 1996 during its 23rd Congress. These are volunteerism, democracy, limitation of share capital interest; sharing of allocations on the cooperative’s surplus and savings; provision for education and training; and promotion of cooperation.
The general assembly shall be held at least once a year.
The cooperative shall generate the fund it needs to be established through the contribution of its members. The membership fee shall be P500 and the minimum share capital shall be P1,000 which shall also serve as the member’s maintaining balance. 
The proposed ordinance has been referred to the committee on employment, livelihood and cooperatives, and persons with disabilities for review. – Jordan G. Habbiling