CDA Region IV-B EO

The Journey of Success: How Salvacion United Farmers Multi-Purpose Cooperative (SUFMPC) Overcame Challenges with the Help of Occidental Mindoro Credit Surety Fund Cooperative (OMCSFC)

In the small town of Salvacion, Rizal, Occidental Mindoro, a group of hardworking farmers came together to form the Salvacion United Farmers Multi-Purpose Cooperative (SUFMPC). With a common goal of improving their livelihoods and supporting each other, they embarked on a journey filled with determination and hope.
However, the cooperative soon realized that they faced a major obstacle – the lack of financial resources. Without access to sufficient funds, their dreams of expanding their businesses and meeting the needs of their members seemed impossible to achieve. That’s when the Occidental Mindoro Credit Surety Fund Cooperative (OMCSFC) stepped in to lend a helping hand.

Grateful for the support they received, SUFMPC expressed their heartfelt appreciation to the management and the Landbank of the Philippines for the tremendous assistance they provided. Through the Surety Agreement issued by OMCSFC, SUFMPC was able to secure the necessary funds from Landbank of the Philippines, enabling them to meet the financial needs of their cooperative.

With a newfound credit line worth Five Million Pesos (P5,000,000.00), SUFMPC utilized the funds to invest in their livelihood programs, procure essential inputs, and expand their rice trading business. The cooperative experienced a surge in growth and success, thanks to the financial stability brought about by OMCSFC’s support.
Recognizing the importance of continuous learning and development, SUFMPC expressed their hopes for future trainings that would equip them with the necessary skills and knowledge to keep up with the ever-evolving business landscape. They understood that staying ahead of the game was crucial to their long-term success.
Buoyed by their achievements, SUFMPC and OMCSFC joined forces to tackle even greater challenges and strive for more ambitious goals. They envisioned a future where the cooperative would overcome obstacles, expand their reach, and create more opportunities for their members. Through their unwavering commitment and the support of OMCSFC, they were confident that these dreams would soon become a reality.

As the years went by, Salvacion United Farmers Multi-Purpose Cooperative (SUFMPC) continued to thrive, thanks to the unwavering support of Occidental Mindoro Credit Surety Fund Cooperative (OMCSFC). Together, they proved that with determination, collaboration, and the right support, even the most ambitious goals could be achieved.
The Salvacion United Farmers Multi-Purpose Cooperative (SUFMPC) became a beacon of hope and inspiration for other cooperatives in the region. Their success story served as a testament to the power of unity and the transformative impact that financial assistance, like that provided by OMCSFC, could have on the lives of farmers and their communities.
In the end, the Salvacion United Farmers Multi-Purpose Cooperative (SUFMPC) and the Occidental Mindoro Credit Surety Fund Cooperative (OMCSFC) stood tall as a symbol of resilience, determination, and the endless possibilities that could be achieved when people come together for a common purpose.