ECONOMIC SURVEY OF

,_BACKGROUND:

There is a group of drivers, operators and allied drivers who wanted to

serve the riding public at their convenience. They started to form a group and
discuss what cand they do to help each others who are in the same line of work
or business. Somebody suggested that cooperative is a business enterprise
whom they can be members to obtain their common goals. The wanted their
group to have a legal personalityand so the thought of forming a cooperative
wherein it will help the members by providing the needs and services needed
by them. Hence they sought the help of some people who are already members
of the cooperatives, asked insights and advise on how to form a cooperative.

RATIONALE:

The group of drivers, operators and allied workers felt the need to unite
and work as one since all in the same line of work and business. They thought
that forming a cooperative would help them in the economic needs and their
need to have a legal personality. They wanted to experience the cooperative
way , embrace the values and practices they thought would help them toi
improve as individual and citizen .

I. GENERAL INFORMATION

A. Type of Cooperative

____ Credit ____ producer ____Service _____ Consumer _____Marketing

____ MPC ____ Advocacy ____ARC ____CoopBank _____ Dairy

____Insurance ____ Education ____Electric ______FSC _____Fisherman

___ Health Service ___X___Transport _____water _____ Workers

______Others (Specify

B. Office Address of the Cooperative:Bloxk 9 Lot 18 Julliard Homes III, Anabu

II-B, City of Imus, CAvite

C. Area of Operation: ____Barangay _____Muniucipal/City ______ Province

_____ Regional X National

d. Common bond of Membership

 X Rresidential ______ Institutional _____ Associational
_____Occupational

E. Composition of Members

___ Farmers ____Fisherfolks _____ARB’s _+____ Workers/Employees

_____Indigenous Community ______Disabled ______ youth ______

Women

_____OFWs _____ Rebel returnees _______ Workers/Employees X Drivers,

oiperators, allied workers

F. No. of Founding/Organizing Members: 45

G. Projected Increase of members

First Year: 50

Second Year: 50

Third Year:100

H. Authorized Capital P1,440,000.00

Subscribed Capital P360,000.00

Paid-Up Capital: P93,500

Par Value: P100

II. STRATEGIC OPERATIONAL STUDIES

a. Economic Aspect

1. Are there any other Existinfg cooperative/s within your proposed area
of operation that provide bthe same good/services which the cooperative plans
to offer? If yres, please state the name/s opf such cooperative/s. No.

2. What strategies the cooperative shall implement to ensure the support

of the members?

______X______collective purchases

_______X_____Commitment on Lending policies

_____X_______Active Participation in cooperative affairs

 ____________Others (Pls specify)

3. Are you intending to transact business with

A0 Members only ___________ b) Members and Non-Members

_______X________

4. What business activities the cooperative plans to undertake during the

first three years of its operation:

First Year: transport services

Second Year:car wash and trading of spare parts

Third Year : transport services and trading of spare

parts________________

B. Financiual Aspect

1. Capitalization

a. In pursuing its economic activities, how shall the cooperative generate

its capital?

_X__ Share capital subscription

__X_ Deferred Payment of patronage refund/interest on share capital

(revolving Capital)

____Acquisition of loan borrowings

__X_Solicitations/acceptance of donations, subsidies, grants, etc

___X__ Fund raising activities

b. how much is cooperative’s initial operating capital? _P93,500

c. Strategies for internal capital build-up strict implementation of CBU

2. Revenue

Projected revenue based on the initial operating capita;

First Year 100,000.00

Second Year: 500,000.00

Third Year: 1,000,000.00

 3. Expenditure

How much is the estimated expenses for:

First Year 50,000.00

Second Year: 200,000.00

Third Year: 400,000.00

4. Investment

Does the cooperative intend to invest in the following?

______ Cooperative Bank_____Mutual

______Federation _____Insurance

______Joint Ventures ______Others (specify)

C. Technical Aspect

1. What equiptment/machineries/facilities are deemed necessary for the

effective and efficient operation of the cooperative?(pls. chechk)

_____ typewriter ________Medical instruments __X___ computer

____ warehouse ___X__tables ____ Milling

2. How would the cooperative procure its equiptment/machineries/facilities

__X__ Cash purchase ____ Loans ____ Donations _____ other mode
(specify)

3. What skills/experiences/trainings are deemed necessary for thre operation

of its equiptmnet.machineries/facilities

___computer literate,

D. Organizational Structure (Attached organizational chart)

1. What qualifications/skills the bOD should posses to eable them to formulate

sound policies, strategies and guidelines which would ensure the success of
the cooperative? Experienced cooperative affairs

Good leaders, show good example, has e ability to lead

2. For its initial operations, who among the following officers/employees should
be hired by the cooperative

Position Name Status of Appt Minimum Education Monthly

Compensation

Manager Antonio Asuncion Full time college 10,000.00

Accountant Nonilon Legal Full time College 10,000.00

Bookkeeper Ismael Tagle Full time College 8,000.00

Cashier Christopher Celino Full time College 8,000.00

Collector

Sales Clerk Rolindo Dice Full time High school 7000,000.00

Others

(*Permanent, contractual, full time, part time, volunteer, etc)

3. What are the cooperatives education program for:

a) members _PMES,Governance & Mgt

b) Officerts _Fundamental of Coop, Governance, Laedership

c. Staff PMES, Fundamentals of coop

4. Who are the Chairperson and members of the following Committees?

) Audit _Almazora Luis, Dice, Rolindo, Ramos Arvin

b) CreditOrdonez Ferdinand, Celni Christopher, Lahao-lahao Jonny

c) Election Santos Omar, Zamora Jose Carlos, Sustituido Arnel

d) Education & Training De Armas Reynaldo, Tupas Erwin, Tagle Ismael

e). Mediation/Conciliation: Cruz Hilario, Joson Philip Michael, Dice Edgardo

f.) Others (specify)

 We, the Founding Board of Directors, hereby certify that the foregoing
Economic Survey was prepared in accordance with the facts, information and
other data we believed vital to the success of the initial operations of the
cooperative.

ALEJANDRO BION DANTE DICE EDUARDO CASTRO JR.

Chairman BOD BOD

ERWIN URETA ERNALD NANALI HARRY ESCOMEN

BOD BOD BOD

BOCALA NEPTHALIE
BOD

Subscribed and sworn to before me this ____ day of _____ in ____________,

Philippines above affiants exhibiting to me their valid proof of identi
Names Proof of Valid Identity Office & Place of Issuance

NOTE: The CDA reserves the right to review/verify the authencity/viability

of the information provided in this survey and may require the proponent to
modify, revise or amend the whole or any part thereof if necessary, or if found
to be economically unfeasible, deny the registration of the cooperative.