Building a self-sufficient cooperative

Building the coop, building the community. Paknaanon Multipurpose Cooperative member busy making brooms in Paknaan, Mandaue City.

As part of its initiative to strengthen and enhance the management and leadership skills of cooperative partner-beneficiaries, the Aboitiz Foundation Inc., the corporate social responsibility arm of the Aboitiz Group, signed a Memorandum of Agreement with Pamulco for the cooperative capacity building training last 5 August at Paknaan, Mandaue City, Cebu.

Through the Cooperative Capacity Building Project, Aboitiz Foundation organizes livelihood and skills training programs as well as social service formations and digitization training programs for this year.

Pamulco is a cooperative whose primary means of livelihood is broom-making.

As of 2021, it has 596 active members with assets worth millions of pesos. From a simple cooperative, it has now become a multi-enterprise business providing several opportunities that have changed people’s lives.

Pamulco considers its members as its most valuable asset.

“Aboitiz Foundation’s capability-building training program is designed to strengthen and enhance our partner beneficiaries’ management and leadership skills. It also ensures that our partner organizations’ projects are self-sustaining and that they are equipped with the necessary skills and tools to manage the projects and their respective businesses,” said Aboitiz Foundation President and Chief Operating Officer Maribeth Marasigan.

The Cooperative Capacity Building Project of Aboitiz Foundation helps and guides its recipients to become more prosperous by hosting numerous programs and projects beneficial for the people and economy. It supports the United Nations Sustainable Development Goal Number 8 — that of promoting sustained, inclusive and sustainable economic growth, full and productive employment, and decent work for all.

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