CDA Region V EO

SAADECO: A SMALL COOP WITH A BIG HEART

Liquidity is one of the most important characteristics of a cooperative for it can withstand future and emergency situations that a cooperative would experience. To be liquid it can automatically solve its financial problems such as salaries and wages for employees, budget for additional projects and many more.

During the start of the COVID 19 PANDEMIC, Sorsogon Agro- Aquatic Development Cooperative (SAADECO) has not experience worries to finance its programs especially their Marketing and services operations with members and non-members. The PANDEMIC which started during the month of March was nearing the harvest season so the coop really needs huge amount of capital to buy palay and at the same time market their milled Rice to sustain their operations.