Sector

All sector

Contact detail

+6329137011
ceo@natcco.coop

General Profile

The National Confederation of Cooperatives [NATCCO] is the secondary level organisation of 312 cooperatives which include primary coops, federations, and regional development councils – across the Philippines. NATCCO was organised in 1977 by five regional training centres, then known as National Association of Training Centres for Cooperatives, to coordinate the provision of training and educational services at the national level and serve as the voice of cooperatives belonging to NATCCO network. In response to the growing needs of primary cooperatives affiliates, NATCCO was converted into a multi-service national cooperative federation while the regional training centres were transformed into multi-service cooperative development centres in 1986. In 2000, NATCCO underwent a transformation journey which resulted to its decision to become a two-tier cooperative and focus its services to financial intermediation in 2005. New vision-mission was also crafted as an output of the 4-year transformation.

More than 70% of cooperatives are engaged in savings and credit operations. Although majority of the cooperative classify themselves as multi-purpose, the majority activities of these cooperatives are into savings and credit functions. Proposed amendments to the existing Philippine Cooperative Code was approved by both the legislative bodies (lower house and senate) and signed into law by the President of the Republic only last February 17, 2009, thus, strengthening financial services of cooperatives of the country.

Today NATCCO is the biggest and strongest national federations of cooperatives in the Philippines in terms of geographical reach, membership, financial capacity, and array of services.

Website
www.natcco.coop