FOCCUS Awards are given to deserving and appearing cooperatives every 3 years. FOCCUS stands for Finance Organization Achieving Certified Credit Union Standard.
Emmanuel Joseph Sumatra of FOCCUS said this yr’s cooperative awardees additionally achieved and maintained the International Prudential Standards for secure, sound and sustainable cooperative commercial enterprise groups.
Operations of FOCCUS cooperatives are taken into consideration sound and that they stay sustainable, he brought.
Some of this 12 months’s awardees are the Agdao Multipurpose Cooperative (AMPC) of Davao City; the BCS Credit Cooperative (BCS-CC) of Bansalan, Davao del Sur; CEV Credit Cooperative (CEV-CC) of Tagbilaran City, Bohol; First Community Cooperative (FICCO) of Cagayan de Oro City; the Kapalong Cooperative (KC) of Kapalong, Davao del Norte; and Maragusan Growers Multipurpose Cooperative (MAGROW) of Maragusan, Compostela Valley.
