Besao Multi-purpose Cooperative
Besao Multi-purpose Cooperative is a municipal wide cooperative in Besao with 3,970 members and total asset of P405,253,209.74M as of December 31, 2018. It is the second biggest Cooperative in Mountain Province. It is a major contributor to the socio-economic development of Besao Municipality.
Milestones
| April 7, 1969 | Episcopal church leaders organized the Besao Credit Cooperative Union with 25 members |
| 1981 | Mortuary Aid Plan was introduced which invited more members |
| 1986 | BMPC becamte a millionaire Coop |
| Feb 22, 1994 | Coop celebrated 25 years of Operation and acquired its own lot and building |
| 1999 |
BMPC was an awardee of the LBP GAWAD PITAK and the ABS-CBN UGAT FOUNDATION AWARD BMPC was recognized as a Bank - run Institution in the municipality |
| 2004 | Construction of the Coop three-storey concrete building |
| 2006 | Post Harvest Facility Building was constructed in Dumdumakug |
| 2013 | Completion of the four-storey Cooperative Building |
GROWTH TREND
|
Year |
Regular Members |
Asset |
Share Capital |
Savings Deposit |
Gross Surplus |
Net Surplus |
|
1970 |
60 |
7,309 |
1,751 |
1,440 |
||
|
1975 |
336 |
192,318 |
138,261 |
21,963 |
16,845 |
11,272 |
|
1980 |
224 |
202,494 |
150,257 |
13,601 |
25,653 |
15,435 |
|
1985 |
322 |
686,716 |
457,355 |
121,579 |
106,535 |
73,461 |
|
1990 |
705 |
5,031,117 |
3,146,775 |
1,179,937 |
714,142 |
493,524 |
|
1995 |
1,555 |
17,811,619 |
11,242,524 |
3,208,764 |
1,699,648 |
1,242,939 |
|
2000 |
2,092 |
65,912,603 |
35,542,542 |
9,145,025 |
7,066,775 |
3,888,877 |
|
2001 |
2,228 |
65,103,702 |
39,251,570 |
7,467,789 |
7,699,900 |
3,202,544 |
|
2002 |
2,251 |
65,170,120 |
38,273,778 |
7,899,553 |
6,081,884 |
2,836,791 |
|
2003 |
2,250 |
71,608,528 |
38,980,085 |
10,594,928 |
8,109,824 |
4,126,934 |
|
2004 |
2,293 |
75,720,106 |
41,130,792 |
21,706,440 |
8,800,540 |
4,398,015 |
|
2005 |
2,333 |
91,676,016 |
43,136,950 |
25,605,863 |
10,355,382 |
5,413,074 |
|
2006 |
2,361 |
97,711,797 |
44,602,783 |
25,624,151 |
11,768,967 |
5,867,432 |
|
2007 |
2,403 |
106,946,557 |
47,662,482 |
40,086,345 |
11,848,565 |
5,982,757 |
|
2008 |
2,460 |
125,938,271 |
50,958,865 |
49,285,819 |
13,135,281 |
6,402,700 |
|
2009 |
2,533 |
144,065,717 |
54,598,526 |
58,601,617 |
14,551,201 |
6,595,014 |
|
2010 |
2,665 |
173,420,186 |
59,462,603 |
72,312,299 |
17,269,323 |
8,544,498 |
|
2011 |
2,794 |
188,535,001 |
64,894,215 |
85,748,697 |
19,662,740 |
9,050,522 |
|
2012 |
2,943 |
205,224,412.69 |
71,180,551.94 |
102,283,730.41 |
18,124,604.93 |
11,799,676.54 |
|
2013 |
243,900,137.82 |
79,902,953.87 |
120,807,221.79 |
23,184,854.08 |
12,239,483.54 |
|
|
2014 |
3,346 |
268,611,146.38 |
89,711,321.87 |
143,379,869.89 |
26,468,783.82 |
13,581,248.85 |
| 2015 | 3,485 |
278,682,014 |
100,000.00 |
140,302,526 |
26281,401 |
13,993,902 |
|
2016 |
3,638 |
325,570,568 |
111,134,113 |
173,241,014 |
25,104,550 |
13,567,367 |
|
2017 |
3,791 |
360,054,216 |
123,179,510 |
198,191,568 |
21,472,440 |
11,887,394 |
|
2018 |
3,970 |
405,253,209 |
135,922,940 |
225,484,061 |
28,402,183 |
14,286,520 |