- Listed: January 28, 2015 12:57 pm
- Expires: 145 days, 21 hours
A leading World Class Cooperative empowering its members.
SAMULCO is committed to improve the quality of life of members and community through excellent savings, credit and allied services.
Objectives and Purposes of SAMULCO
To encourage thrift and savings mobilization among members for capital formation;
To engage in merchandising, marketing and distribution of consumer goods to members;
To extend health services, putting up medical clinic and drug store;
To acquire and develop land for residential units;
To extend loans for productive and providential purposes;
To engage in Funeral Care Services for deceased member’s, its immediate family and dependents.
To engage in Micro Mutual Benefit Assistance (MBA) a Life Insurance Services of the cooperative for the protection of the members, immediate family members and dependents
To promote the cooperative as a way of life.
The 43rd year of SAMULCO was full of challenges amidst the political and economic development of the country. It has proven that a cooperative can a successful business enterprise if managed properly. Believing in the principle of self reliance and mutual cooperation, it has survived and in fact, achieved faster growth during difficult times. SAMULCO acted as an alternative banking by the people, of the people and for the people, with preferential option to the poor who need it most, the marginal workers, small business and farmers and many others who recognize the need of each other.
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