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Tuesday, August 4, 2009

LIMCOMA MPC Investor

LIMCOMA Multi-Purpose Cooperative LogoLIMCOMA MPC INVESTOR became a member of LIMCOMA Multi-Purpose Cooperative in 2003. This website tracks the financial benefits of investing in a local cooperative and possibly make a comparison in terms of the return on our capital with other investment vehicles.

Requirements
Requirements for individual applicants are easy to organise. Six years ago, here is the list of documents to be submitted by prospective members together with their completed application forms:
  • birth certificate
  • marriage contract
  • residence certificate (now called community tax certificate)
  • two copies of 2"x2" pictures
  • application fee of 150 pesos
  • seminar fee of 150 pesos
  • farm survey (by Members Services Division personnel)
  • Memorandum of Undertaking to be signed at the LIMCOMA Main Office at Barangay Sabang, Lipa, City, Batangas, Philippines
Application Form
The application form for individual applicants asks for the following information:
  • name
  • address
  • date of birth
  • place of birth
  • occupation or profession
  • civil status
  • telephone or mobile number
  • educational attainment
  • name of dependents or children
  • beneficiaries
  • farm location
PMES
Pre-Membership Education Seminar or PMES is a major requirement before one can be considered for membership in LIMCOMA MPC. Here is an outline of the proceedings that LIMCOMA MPC Investor attended sometime in 2003 from 9:00 a.m to 2:00 p.m. with 149 other participants:
  • Invocation
  • National Anthem
  • Message by the Chairman of the Board
  • How and What is the Cooperative
  • Cooperative Principles
  • Break for Snacks
  • History, Mission and Vision
  • Organizational Structure
  • Message from the LIMCOMA President
  • Cash Flow
  • Lunch Break
  • LIMCOMA Rural Bank
  • Batangas Prime Processed Meat Business
  • Duties, Responsibilities, Rights and Priveleges
  • Members Services Division
  • Highlights
LIMCOMA Multi-Purpose Cooperative PMES Certificate of AttendanceCertificates of Attendance were distributed to those who have completed the pre-membership education seminar conducted by the Education, Training and Membership Committee.

Share capital
The minimum paid-up share capital required of new members is 6,000 pesos which LIMCOMA MPC Investor dutifully made payment of in compliance with the requirements for membership.

Sunday, August 2, 2009

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by us and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

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Every effort is made to keep the website up and running smoothly. However, we take no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

Privacy Policy

This privacy policy sets out how we use and protect any information that you give to us when you use this website.

We are committed to ensuring that your privacy is protected. Should we ask you to provide certain information by which you can be identified when using this website, then you can be assured that it will only be used in accordance with this privacy statement.

We may change this policy from time to time by updating this page. You should check this page from time to time to ensure that you are happy with any changes. This policy is effective from 1 August 2009.

Links to other websites
Our website may contain links to other websites of interest. However, once you have used these links to leave our site, you should note that we do not have any control over that other website. Therefore, we cannot be responsible for the protection and privacy of any information which you provide whilst visiting such sites and such sites are not governed by this privacy statement. You should exercise caution and look at the privacy statement applicable to the website in question.

Controlling your personal information
You may choose to restrict the collection or use of your personal information in this way: whenever you are asked to fill in a form on the website, look for the box that you can click to indicate that you do not want the information to be used by anybody for direct marketing purposes.

Third-party advertising
We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here.