Cooperative Development Authority

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Membership fees

Requested from CDA by Arnold Reynes at 09:27 PM on Oct 31, 2019.
Purpose: Research
Date of Coverage: 10/01/2019 - 10/31/2019
Tracking no: #CDA-995779700466

Arnold 09:27 PM, Oct 31, 2019

Hi I would like to ask if a Multi Purpose or a Lending Cooperative is allowed to require their members to give a fee or to "contribute" to the cooperative expenses. It is in the tune of Php 20.00 per day  so around 500.00 per month. This amount is non refundable even if you choose to leave / retire from the coop. On the other hand, we get to enjoy coop benefits like access to a loan fund, free food every now and then, profit sharing in coop fund raising / entrepreneurial activities, profit sharing in the loan interest, etc etc.
Thanks.
Arnold R.

FOI Receiving 09:47 AM, Nov 13, 2019

November 13, 2019

Dear Arnold,

Thank you for your request dated Oct 31, 2019 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Membership fees.

We received your request on Oct 31, 2019 and will respond on or before Nov 21, 2019 09:27:11 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEENEQS05OTU3Nzk3MDA0NjYM, for request with ticket number #CDA-995779700466.

Thank you.

Respectfully,

Rosemarie Beltran
FOI Receiving Officer

Giovanni 05:00 PM, Nov 26, 2019

November 26, 2019

Dear Arnold Reynes,

Greetings!

Thank you for your request dated Oct 31, 2019 09:27:11 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for Membership fees.

Response to Request

Your FOI request is approved. I enclose a copy of  the information you requested.

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Chairman Orlando R. Ravanera / e-mail address: chairman@cda.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,

Giovanni Platero
FOI Decision Maker

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