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Transcript of Annual Report
Total members has decreased by 9
due to withdrawal of membership as the result of Off-setting of loans by the delinquent borrowers which is favorable to the Coop.
Portfolio At Risk
2017 -13,825,012 (68.17%)
For the year
National Confederation of Cooperatives
This refers to Cash, Loan Receivable,
Property (such as Furnitures & Equipment)
and Other thing that has a value that are
owned by the Cooperative
Key Result Area's
This are the accumulated funds borrowed by the Cooperative from NATCCO used on its operation since the start of its Business.
This are the total stake of all the members to the Cooperative as part of their ownership.
This is the result of withdrawal of savings by LCCC to the Cooperative, nevertheless many members still put their money in the Cooperative as a sign of trust and confidence to the Management.
This is the financial result of the
operation of the Cooperative for
the year 2017 net of all the expenses
This is the net effect of what the Cooperative implemented as a changed in our Management operations, resulting to a positive figure and will continue to improve with the help of every members.
This is one of the effect of the withdrawal of membership done by the Cooperative to all the
delinquent members by means of Off-setting their
Share Capital against their Loan Balances.
Loan Releases has increased by
145,000 as a result of New and
Renewal of loans
2016 -15,336,535 (73.62%)
PAR amount decreased as a result of the collection effort and strategies made by the Cooperative to recover delinquent loans that's been implemented for the year.