
Tagum City, Davao del Norte – The Davao del Norte Credit Surety Fund Cooperative (DNCSFC) continues to stand as a powerful model for cooperative success. On May 29, 2025, at the DNSTC Clubhouse in Mankilam, Tagum City, Davao del Norte, 32 representatives from 13 Surigao del Sur and Surigao del Norte Cooperatives visited to learn about DNCSFC’s strategic local government support and effective practices.
Established in 2009, DNCSFC has significantly empowered its members by facilitating access to a total of ₱2.4 billion in loans from its inception to 2024. This remarkable achievement directly supports the objectives of Republic Act 10744, which aims to strengthen credit access for cooperatives nationwide.
A cornerstone of DNCSFC’s success is its robust partnership with the Davao del Norte Provincial Local Government Unit (PLGU). The PLGU actively supports DNCSFC through key provisions, including:
- Office space and dedicated staff, directly bolstering the cooperative’s daily operations.
DNCSFC also implements several best practices that contribute to its effectiveness:
- Regular meetings and strong leadership, ensuring transparent and effective governance.
- Collaborative relationships, fostering a strong sense of unity and shared purpose among its members and with the PLGU.
- Efficient loan processes, streamlining access to crucial credit for its members.
- Strategic planning, effectively guiding the cooperative’s growth and ensuring alignment with the broader goals of the province.
DNCSFC’s significant achievements, including the facilitation of ₱2.4 billion in loans and its positive economic impact on its members and the community, clearly demonstrate the powerful synergy created by strong LGU partnerships and well-implemented operational strategies. The visit by the Surigao cooperatives underscores DNCSFC’s role as an exemplary institution for cooperative development.
