Magana, Marion Joize R.

MFA 3A
TF 10:30-12:00

Introduction to Microfinance
Cooperative Development Authority (CDA) is a government agency created by virtue of
Republic Act No. 6939 in compliance with the provisions of Section 15, Article XII of the
Philippine Constitution of 1987 which mandates Congress to create an agency to promote the
viability and growth of cooperatives as instruments for equity, social justice and economic
development. RA 6939 was signed into law on March 10, 1990.

The CDA is governed by a Board of Administrators consisting of a Chairman and six members
appointed by the President and are chosen from among the nominees of the cooperative sector
with two representatives each from Luzon, Visayas, and Mindanao. They serve for a term of six
years without reappointment.

The Cooperative Development Authority is governed by a Board of Administrators consisting of

a Chairman and six members appointed by the President and are chosen from among the
nominees of the cooperative sector with two representatives each from Luzon, Visayas, and
Mindanao. They serve for a term of six years without reappointment.

Lecira V. Juarez is the Chairperson and Board of Administrator of the Cooperative Development
Authority.

Mission of this agency is to be a proactive and responsive lead agency in advancing and
sustaining the growth of the cooperative sector by pursuing a holistic development approach,
establishing support systems and structures, and building strong linkages with stakeholders,
thereby optimizing benefits to cooperatives in particular and to society in general. And their
vision is a strong and visible cooperative sector that is able to create and equitably distribute
wealth, expand socio-economic opportunities, and help bring about conditions to overcome
poverty and strengthen the middle class in the Philippines.

Who can be Members of a Cooperative?

A cooperative has two kinds of members: regular members and associate members. A regular
member is one who has complied with all the membership requirements and entitled to all the
rights and privileges of membership as stated in the Cooperative Code and the cooperative by
laws. An associate member has no right to vote and be voted upon and is entitled only to such
rights and privileges provided by the cooperative's by laws.

Where to Register your Cooperative?

The Cooperative Development Authority (CDA) is the only government agency mandated to
register all types of cooperatives. Its main office is located at 5th Floors, BenLor Building, 1184
Quezon Avenue, Quezon City.

To facilitate the flow of its services, extension offices have been set up. These are located in (a)
Dagupan City; (b) Tuguegarao, Cagayan; (c) Baguio City; (d) San Fernando, Pampanga; (e)
NCR-Quezon City; (f) Calamba, Laguna; (g) Naga City; (h) Iloilo City; (I) Cebu City (k)
Kidapawan; (l) Tacloban City; (m) Davao City; (n) Zamboanga City; and (o) Butuan City.
CDA Memorandum Circular No. 02-03, Series of 2002 thereby amending Memorandum
Circular No. 92-004, Series of 1992 provides the schedule of fees as follows:. TYPE OF
COOPERATIVES PAID-UP CAPITAL FEES Laboratory Cooperatives NO Registration Fees

Primary Cooperatives

P2,000.00 P500,000.00 P500,001.00-up

P500.00 **1/10 of 1% of the paid-up share capital

Seconday Cooperatives

P2,000.00 P 500,000.00 P500,001.00up

P1,000.00 **1/10 of 1% of the paid-up share capital

Tertiary Cooperatives P3,000.00

Register your cooperative with the Cooperative Development Authority extension office near
the place where the cooperative is located. For those established within Metro Manila, you may
contact:

Registration Division Cooperative Development Authority Ground Floor CDA Building,

827 Brgy. Immaculate Conception, Aurora Blvd, Quezon City or at

6/F Ben-Lor Bldg. 1184 Quezon Ave., Quezon City Tel. No. (632) 725-5510 Fax No. (632)
371-2077 Website: www.cda.gov.ph

An online cooperative registration is available by logging on to http://www.cda.gov.ph.