Lamac Multi Purpose Cooperative
Financial Services - San Carlos City, Western Visayas, Philippines
Lamac Multi Purpose Cooperative Employees
Lamac Multi Purpose Cooperative Details
The LMPC is building the members' resources thru their investment & savings for the purpose of operating its own business.From its creation as a Samahang Nayon, it garnered several awards. Management of various projects was successful until 1986 when the financial status of the coop declined due to various management and leadership problems. Since the SN projects became diversified, the management found it difficult to handle the operation. It was timely that a group of young local professionals and college levels organized and called themselves Barangay Lamac Organization on Management Effectiveness System, Inc. (BLOMES, Inc.) Its aim was to assist the organizations of the Barangay in terms of technical assistance. This group was requested by the SN management to assist in running the cooperative. Gradually, the LSN was rehabilitated with the assistance of fellow cooperative leaders from CPCUI.Nevertheless, on March 13, 1992 the Samahang Nayon was transformed and registered into a full-fledged multi-purpose cooperative under the BLOMES Inc. management. Henceforth, LMPC became a multi-awarded cooperative with united members, competent, committed and credible BOD, officers and staff.
