Family Lifers Multi-Purpose Cooperative
My Coop Account
Our dear members, you can now view your current Savings and Loans Online. Login to your account by clicking the button below.
Our dear members, you can now view your current Savings and Loans Online. Login to your account by clicking the button below.
Registration is open to all members of our Cooperative.
To register, Simply go to our Office and Inquire
on how to register to My Coop Account.
Our Staff will be delighted to assist you.
Regular Loan
Special Loan
Petty Cash
Rice Loan
Qualifications:
Purpose: provident or productive use.
Loan amounts: P2,500 up to P200,000
Loan term: 6-24 months
Mode of Payment : Monthly
Availment:
1st Loan - 100%
2nd loan – 200% FD maximum
Criteria for 200% FD
40% monthly FD 10% Ownership 40% monthly repayment 10% ParticipationInterest Rate:
2% Per Month
Penalty:
2% Per Month
Eligibility / Who can borrow?
In case of salary loans, resolution with MOA by the agency concerned designating authorized representatives.
Purpose:
Productive use only (Special)
Providential or Productive (Salary)
Capital Requirement:
With fixed deposit of not less than P10,000
Availment:
Accommodations shall be subject to availability of funds
Amount:
-Special loan depends upon project cost.
-Salary loan is up to 6x of the net take home pay.
Interest Rate:
3% Per Month
Penalty:
2% Per Month
Mode of Payment:
Monthly
Who can borrow?
Purpose:
Emergency providential use
Amount:
P5,000.00(below 10K Share Capital)
P10,000.00(with SC of 10K and above)
Interest & Penalty:
2.5% interest with 3% surcharge on every month default
Term:
Payable up to 10 months for P5,000.00 & up to 12 months for P10,000.00
Who can Avail?
Amount:
Maximum of P2,000.00
Charges:
2% Service Fee
0% Interest if paid within one month.
3% Interest if exceeds one month
2% Additional surcharge for over two months
Features:
Opening Amount:
P200.00 Only
ADB to Earn Interest:
P1,000.00
Features:
Minimum Placement:
P5,000
Interest Rate:
Up to
Program Mechanics:
Selection Criteria:
1. Must have no grade lower than 85 in any subject.
2. Parents must be in good record standing
3. Must pass the interview & screening exam
4. Annual income of both parents must not exceed P100,000 per annum
Death Assistance
Tie up with FONUS - ANTIQUE
Complete Memorial Service Package
Professional Funeral Service
The leadership of Family Lifers MPC originated from a simple story, just like how ordinary people usually start their journey.
In 1991, while we were conducting monthly reunions at Family Life Apostolates, we noticed that sometimes others were absent because they were too busy looking for something they could eat and use for their daily needs. We remember that if we just ignore each of our situations, we won't be able to hide, but if we combine our small capital, talent, and 100% service, we can move forward and help the needs of other members.
We formed FLMPC with only 19 members, each contributing a total capital of P2,700.00. We registered with the CDA on December 26, 1991.
We chose "Family Lifers Coop" as our name because, aside from the fact that the incorporators are members of Family Life Apostolates, we also believe that all people come from one family. We aim to protect and assist in improving the quality of life for everyone.
Establishing and running a cooperative is not just a simple task, as it requires the dedication of time from its officials. Sacrifice is necessary, and challenges are often abundant. However, everything becomes manageable because cooperation within FLMPC is genuinely strong.
If there are ownership meetings, annual assemblies, and Family Day events, everyone attends because the raffle prizes are substantial. Snacks are free, too. That is why we are all happy in Family Lifers MPC.
Our desire is to ensure that FLMPC continues to operate for more than 50 years. We have also envisioned it as a harmonious, prosperous community that fosters quality of life and a strong cooperative supporting the advancement of economic, social, and spiritual aspects of people's lives.
Family Lifers MPC...
Bigger,Better and
more accessible Coop
To provide members with holistic
programs and sustainable
development services
Increased Capital, Deposit
and Loan portfolios;
Diversified Products and Services
Rights of Membership
To vote.
To be vote upon.
To receive information and reports.
To recommend policies.
To receive interest in his/her capital
according to established policies.
Duties of Membership
To provide capital.
To serve when elected.
To attend to his/her financial obligations.
To participate in decision making
through the General Assembly.
To attend meeting.
To participate in coop activities.
To promote the organization.