Join our online PMES on December 21, 2020 1:30 PM
The Rural Credit Law. As soon as Civil Government was established, Filipino participation in government was encouraged. Teodoro Sandiko, then governor of Bulacan, prepared a bill patterned after the Raiffeisen type of credit union and had Rep. Albert Barreto of Zambales sponsor the bill in the lower House of Congress. The principal aim of this bill was to protect and develop the agricultural interest of the country. When the Barreto sponsored bill was presented it readily obtained unanimous approval on January 20, 1908. The Philippine Commission however, turned it down.
Undaunted by this defeat the sponsors of the bill again put it through in the Second Philippine Legislature. This time it was sponsored in the Lower House by Rep. Rafael Corpuz who succeeded Rep. Barreto from Zambales. The bill was ably presented in both Houses and it was finally passed into law on February 11, 1914 and became Act 2508. When this Act was finally made into law, Gov. Sandiko earned a title of Father of Cooperation in this country.
The National Confederation of Cooperatives (NATCCO Network) began as the National Association of Training Centers for Cooperatives (NATCCO), formed by cooperators who believed that the task of co-op development lay primarily in the hands of the private sector. These leaders believed in self-help and in the idea that through co-operation, people can create opportunities for themselves to improve their socio-economic well-being.
Cooperative Union of Cavite started in the late 1979. It was reborn last March 8, 1988. Registered under the Cooperative Development Authority (CDA) on March 28, 1991. Whereas, CDA mandated all cooperatives to be re-registered and on November 12, 2009 CUC has been granted. From Cooperative Union of Cavite it was renamed to Union of Enterprising Cooperative (UNECO) last 2018.
The Union is a secondary owned and democratically controlled by the cooperative. For a decade Union of Enterprising Cooperative shared office with Cavite Farmers Feedmilling and Marketing Cooperative (CAFFMACO). It was 2001 when they have acquired space. With the assistance of AGAP Party List, it has been completed on year 2009. The CUC/UNECO was known for its educational and training programs which are consolidated for the needs of its members. The Union continued its networking both local and international.