DCCCO Multipurpose Cooperative, Bais Branch

The Why of its Existence:

Felt need brought about by socio-economic difficulties and painful/dehumanizing effects of poverty and exploitation.

Urgent need to liberate a group of parents from the clutches of loan sharks for the educational needs of their children/students at Dumaguete Cathedral College (DCC), now Colegio de Santa Catalina de Alejandria (COSCA).


Significant Dates:

February 17, 1968
- Dumaguete Cathedral Credit Cooperative Union (DCCCU) was formally organized


August 5, 1969
- Registered with Cooperative Administration Office under RA 2023


September 25, 1975
- Registered with the Bureau of Cooperative Development (BCOD) under PD 175


April 15, 1991
- Confirmation of registration by the Cooperative Development Authority (CDA) under RA 6938


June 17, 2011
- Granted approval as Multipurpose Cooperative under RA 9520



The Builders :

Initial Data upon Registration:

Membership - 49 members (inclusive of 15 incorporators)
Capital - PhP 1,181.50
Maximum Loan - PhP 200.00
Management Staff - all volunteers and officers