About the Company
SIMBAYANAN NI MARIA MULTI-PURPOSE COOPERATIVE started as a parish-based Cooperative at Our Lady of Holy Rosary Parish on 1990. It was June 25, 1991 that the cooperative was fully organized. It was headed by the parish priest Rev. Father Anton CT Pascual together with the thirty three (33) founding members with sixteen thousand pesos (16,000.00) as starting capital. The objective in establishing the cooperative is to fight against poverty, lifting and enriching the lives of Taguigenos.
The Management is very active in growing the cooperative treasury. For twenty-nine years the Board of Directors and Management have grown in cooperative development. The initial investment was 16,000.00 Php and it became 320 Million Php and the membership is over 73,000. The value of the total assets is 1.375 Billion Php and the deposit level is 503 Million Php. It only proved that Simbayanan is trusted in town with our Member Owner.
To practice good governance, in leadership,
service oriented management and fully
empowered membership with the culture of
cooperativism as a way of life
A Community-based multi-purpose
cooperative with social entrepreneurship
services for the total economic development
of all cooperators.
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