MASS-SPECC Cooperative Development Center

CO-OP news

Charting a Purpose-Driven Path with the Mindanawon GAD Strategic Planning

empowering tomorrow: charting a purpose-driven path with the mindanawon co-op movement’s gad strategic planning workshop The Mindanawon Co-operative Movement’s Gender and Development (GAD) Strategic Planning Workshop proved to be an insightful and pivotal event held on December 5-6, 2023, at The Dynasty Court Hotel in Cagayan de Oro City. The aim of the workshop was to provide a clear direction for the co-op movement by ensuring the inclusion of GAD perspectives and priorities. The event was attended by 15 co-operatives from different regions, with 13 females and five males taking part. This showed a growing interest and commitment to address GAD concerns within the co-op sector. Doris Calapiz, Women’s Representative to the Board of Directors and Chairperson of the MASS-SPECC GAD Committee, welcomed the workshop participants. Salome Ganibe, the senior consultant of the Gender Equality Resource Center (GERC) Inc. and former Executive Director of the Asian Women in Co-operative Development Forum (AWCF), acted as the resource facilitator. She provided a global and national perspective on GAD, giving invaluable insights during discussions on memorandum circulars addressing GAD and the duties and responsibilities of GAD teams within co-operatives. The workshop covered sessions on the MASS-SPECC Co-op Movement Strategic Plan, presentations of the results from the Gender Assessment Tool (GAT) from various regions utilizing the web-based GAT developed by GERC, Inc., and workshops aimed at identifying common GAD actions and intervention strategies. To consolidate a comprehensive understanding of the GAD landscape within the Mindanawon co-op movement, emphasis was placed on the submission of the web-based GAT results from primary co-ops. The significance of these submissions was highlighted during an initial presentation, where participants greatly appreciated the insights provided. During the workshop, initial assessment and plans from each respective region were formulated, but they are still to be polished and confirmed by the respective regions soon. The goal is to integrate a comprehensive GAD strategic plan into the MASS-SPECC Strategic Plan for the next three years. To accommodate the primary co-ops’ convenience of availing of the benefit of the tool, MASS-SPECC offers a three-year (2022, 2023, and 2024 data) free subscription to the web-based GAT in partnership with GERC, Inc. Member co-ops of MASS-SPECC that have fully remitted their CETF are encouraged to register and fill out the tool as soon as possible. This event provided a crucial platform for the Mindanawon Co-op Movement to consolidate efforts, share expertise, and pave the way for a more inclusive and sustainable co-op sector. “Insights and contributions gathered during this workshop will be instrumental in shaping a more gender-responsive and purpose-driven future for co-operatives in Mindanao,” shares MASS-SPECC CEO Bernadette Toledo.

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MASS-SPECC celebrates a milestone: Management Dev’t. Program culmination

MASS-SPECC CELEBRATES A MILESTONE: MANAGEMENT DEVELOPMENY PROGRAM CULMINATION MASS-SPECC Cooperative Development Center proudly marks a significant achievement as itcelebrates the culmination of its flagship Management Development Program (MDP), where dedicated learners from various co-operative backgrounds successfully completed this transformative journey.  The MDP stands as a testament to MASS-SPECC’s commitment to nurturing co-operative leaders who not only excel in their managerial roles but also embody the co-op principles at their core.   This year’s graduation ceremony, slated on November 22, 2023, at the Mallberry Suites Business Hotel, Limketkai Center in Cagayan de Oro City, proved to be a momentous occasion bringing together graduates from batches 2020 to 2023. Amid the challenges posed by the pandemic, MASS-SPECC has stood resilient, ensuring that the postponed joint graduation became a celebration to remember.      The ceremony featured special messages from Dr. Peter Davis of Leicester University (MDP Module 1 Trainer) and Cooperative Development Authority (CDA) Region 10 Director Aminoden A. Elias, adding depth and perspective to the celebration.     The event was particularly noteworthy as it featured a special discourse with Jonathan Yabut, a well-known author and motivational speaker, during the lecture forum on the management and leadership segment. Yabut’s enlightening session focused on two crucial elements of organizational success – social media marketing and championing teamwork.     Attendees online and onsite gained valuable insights and inspiration from the lecture. It is a truly valuable experience that includes the diverse facets of modern co-operative management and insights into the anatomy of successful teamwork and strategies to cultivate a collaborative environment, emphasizing the importance of transparency and collaboration among co-ops.     The ceremony also featured testimonials and commitments from the graduates, spotlighting their dedication and readiness to apply what they learned to develop their co-operatives and communities.     This celebration isn’t merely about academic accomplishments; it’s a collective affirmation of dedication, perseverance, and the commitment to uphold the co-operative movement.      MASS-SPECC Cooperative Development Center extends its warmest congratulations and gratitude to all stakeholders, partners, and supporters who joined the event, celebrating the achievements of exceptional graduates who embody the future of co-op leadership.

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COOP MONITOR Q3 - Socmed Post (2)

MASS-SPECC, Peppermint unite in strategic
partnership toward digital financial inclusion

MASS-SPECC, Peppermint unite in strategic partnership toward digital financial inclusion CAGAYAN DE ORO CITY, PHILIPPINES — MASS-SPECC Cooperative Development Center (MASS-SPECC) and Peppermint Innovation Ltd, a trailblazer in financial technology, have recently formed a significant and enduring five-year strategic partnership to bridge the digital financial gap in the co-op movement. In this landmark collaboration, Peppermint is poised to deliver MASS-SPECC’s transformative Pinoy Coop Mobile App, underpinned by a comprehensive suite of services. This cutting-edge app will bear the insignia “Built on Bizmoto | Powered by Peppermint” and promises to reshape the digital financial landscape. The partnership’s first phase will enable Pinoy Coop Mobile App users to seamlessly conduct “cash-in” and “cash-out” transactions, facilitate fund transfers between the Pinoy Coop Mobile wallet and Pinoy Coop ATM accounts, and access a wide array of financial services, including bill payments, mobile phone top-ups, and interbank transfers through InstaPay and PESONet. In the second phase, Peppermint and MASS-SPECC will collaboratively explore the integration of additional Bizmoto services, encompassing loan applications, loan monitoring, co-op service logistics, appointment scheduling, QR code functionality for the Philippine market, domestic and international remittances, and the establishment of e-wallet service connectivity for co-operatives. The agreement also fosters discussions surrounding potential collaborations involving proprietary Bizmoto services such as BizmoLoan, BizmoTinda, and BizmoGo. The genesis of this strategic partnership can be traced back to Peppermint’s initial five-year agreement with MASS-SPECC in October 2022, primarily aimed at delivering EMI financial services to power the backend of the Pinoy Coop Mobile App. In 2021 alone, MASS-SPECC facilitated nearly two million transactions, averaging 166,000 monthly. These transactions served approximately 380,000 ATM cardholders among MASS-SPECC’s 1.6 million members. MASS-SPECC CEO Bernadette O. Toledo said: “MASS-SPECC is pleased to partner with Peppermint as we launch our program of digital transformation. Being the largest regional co-operative federation, MASS-SPECC has more than 1.6M individual members representing 343 member co-ops who will stand to benefit from this partnership with Peppermint Innovation.” Since the start of this year up to June, MASS-SPECC has processed Php9.1 billion in cash withdrawals, bill payments, and fund transfers. Beginning 2015, MASS-SPECC has handled more than 30 million transactions. “We are excited about the prospects of a highly productive partnership in the days ahead,” Toledo shared. Peppermint’s Managing Director and CEO Chis Kain emphasizes the strategic significance of this partnership: “Today’s announcement represents a pivotal moment for both Peppermint and MASS-SPECC. It secures our command over the end-to-end execution of this mobile technology solution, guaranteeing the delivery of the Pinoy Coop Mobile App in direct collaboration with MASS-SPECC.” Kain added: “This strategic partnership agreement now crystallizes that commitment, and we are better positioned than ever before to bring this vision to fruition.” Given MASS-SPECC’s extensive member base, Kain expresses a sense of urgency: “We are profoundly eager to see the Pinoy Coop App deployed expeditiously, with our target being the end of this year. Ongoing dialogues with MASS-SPECC are exploring how our EMI license and established mobile app fintech platform can contribute to their broader vision and strategic initiatives for their co-ops and members.” Peppermint and MASS-SPECC unite not merely for commercial endeavors but to usher in a new era of digital financial inclusion, to realize the co-op movement vision of “All Members Enjoy Better Quality of Life.” This partnership embodies a commitment to innovation, resilience in the face of challenges, and a profound desire to empower millions.

MASS-SPECC, Peppermint unite in strategic
partnership toward digital financial inclusion
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MASS SPECC MEMBERS MARK THE MONTH OF JULY WITH 3 IMPORTANT EVENTS​

MASS SPECC Members Mark the Month of July with 3 Important Events Co-operative leaders and managers come together to celebrate the 2023 International Day of Co-operatives and participate in this year’s Board of Directors & CEOs/Managers’ Forum and Oathtaking Ceremony, on July 6 in Cagayan de Oro City. CAGAYAN DE ORO CITY, Philippines — On July 6, the Mallberry Suites Business Hotel radiated with excitement and anticipation as the 2023 Board of Directors & CEOs/ Managers’ Forum and Oathtaking Ceremony unfolded. Bringing together leaders and managers from the 77 member co-ops of MASS-SPECC Cooperative Development Center, comprising 208 delegates, the event served as a remarkable 3-in-1 occasion. The first segment was the MASS-SPECC Forum, where the Study Results on the Assessment of the Financial Performance of MASS-SPECC Members were presented and discussed. The second part was a belated celebration of the International Day of Co-ops, while the third and final element of the event was the Oathtaking Ceremony of the 2023-2024 MASS-SPECC Officers. The MASS-SPECC Forum commenced with an uplifting welcome message on this year’s theme, “Empower Members and Live the Co-operative Identity,” setting the stage for an extraordinary and purposeful occasion. “Today, we acknowledge the significant contributions of co-ops in achieving the UN’s Sustainable Development Goals,” says Bernadette Todelo, CEO of MASS-SPECC. “Let the spirit of excitement and celebration permeate this gathering as we unite to embrace the co-operative identity and its transformative power.” She adds: “Co-operatives have time and again proven that we can make a real difference in the lives of individuals, families, and communities, promoting economic growth, social inclusion, and environmental sustainability.” Energized by the collective enthusiasm, attendees were swiftly immersed in the core focus of the event, the presentation of the study results of the Assessment of Financial Performance of MASS SPECC Members conducted by the Agricultural Credit and Policy Council. ACPC was commissioned by MASS SPECC last year to conduct an external analysis on the overall financial health of its member co-operatives. The study sought to determine the financial status of credit and multipurpose co-operatives under MASS SPECC and determine the systemic risk of co-operatives as a sector. It made a detailed analysis of the financial performance of co-operatives using the STEPS standards prescribed by the Cooperative Development Authority (CDA). Overall, the study confirmed MASS SPECC’s own data showing the respectable annual growth in resources of its members over the years. In terms of individual performance, it showed some differences between credit co-operatives and multipurpose co-operatives, and between small, medium, and large co-operatives. In terms of business operations, identified significant challenges in their ability to meet certain prudential standards, particularly stability, efficiency, and profitability. The study highlighted the need for support systems like stabilization fund, deposit insurance, and liquidity fund to protect the hard-earned savings of individual members of co-operatives. It also cited the role of the federation in instituting the same in order to strengthen the co-operative system as a whole.”  Following the engaging forum, the event transitioned into a celebration of the 2023 International Day of Co-ops, an annual event to honor the spirit of collaboration, solidarity, and resilience that defines the co-operative movement worldwide. The festivities continued as the Oathtaking Ceremony of the 2023- 2024 MASS-SPECC Officers took center stage. The newly elected officers were inducted by the Mayor of Tangub City and former COOP-NATCCO Party-List Representative, Sabiniano “Ben” Canama, marking the beginning of their important roles in steering the federation forward. The occasion served as a spirited celebration and reflection within the co-operative movement, as participants collectively reinforced their commitment to continuous improvement, solidarity, and success in the federation. A remarkable segment was also dedicated to showcasing the MASS-SPECC co-ops’ invaluable contribution to the UN Sustainable Development Goals (SDGs) of Poverty Reduction, Environment, and Health. This highlighted the extraordinary efforts and endeavors undertaken by co-operatives and their communities, emerging as beacons of sustainable and inclusive practices. MASS-SPECC stands tall as an unwavering federation that supports and promotes co-operatives in Mindanao and beyond with the vision of “All Members Enjoy a Better Quality of Life.” Committed to enhancing the lives and welfare of its members, MASS-SPECC empowers co-ops through education, training, and advocacy — reinforcing the vital role of co-operatives in building an inclusive and sustainable society. From left to right: Hon. Sabiniano “Ben” Canama, Mayor of Tangub City and former COOP- NATCCO Party-List Representative; Agripino Torres, current MASS-SPECC Chairperson; and Bernadette Toledo, Chief Executive Officer of MASS-SPECC. Elementor #13670 Read More August 4, 2023

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