RESOLUTION REQUESTING ALL BARANGAY CAPTAINS TO ENJOIN ALL BARANGAY RESIDENTS TO ORGANIZE COOPERATIVE IN THEIR RESPECTIVE BARANGAYS.
Authored by: Hon. Noel D. Veloso
WHEREAS, through cooperatives, the money lending investors with 20% interest or commonly called ( 5-6 ) five-six which is rampant can be eliminated;
WHEREAS, it was observed that in cooperatives the member themselves are its on beneficiaries since it is capitalized, operated, owned and patronized by the vendors themselves;
WHEREAS, through cooperatives, there is unity, cooperation and harmony within barangay residents;
WHEREAS, the problems such as high price, low production, unemployment, drug addiction and other socio-economic problems can be lessen through the formation of cooperatives;
WHEREAS, the Antequera Municipality benefits more from the Maribojoc made native products;
WHEREAS, it is observed that most barangay professionals are not active in participating in the formation of cooperatives;
WHEREFORE, be it resolved, as it was further resolved that Barangay Captains should enjoin all barangay residents to form cooperatives in their respective barangays.
RESOLVED FURTHER, that copies of this resolution be furnished to all Barangay Captains, Maribojoc, Bohol for their appropriate action.
PHILIP R. MEDEQUISO Vice Mayor Presiding Officer
ALBERTO E. ARANGOSO