Membership Classification
Member in good standing (MIGS) are those members who have complied the following criteria:
➤ Is not delinquent in the payment of his/her additional subscribed capital two years from date of initial subscription.
➤ If he/she has loan/s in the cooperative, there should be no records of missed payment or delinquency within one (1) year
➤ Has not violated any provision of the By-Laws, rules and regulations, circulars, memoranda and other issuances of the Cooperative Development Authority, membership and subscription agreements and other instruments required of him to execute as provided in the By-Laws or as prescribed by the Board of Directors.
General Benefits - these are the benefits which can be availed by members who have paid the minimum subscribe share capital of the cooperative.
➤ Can be done during a scheduled area meeting (face to face)
➤ Can also be a form of medical allowance given as a refund to a member – MIGS upon presentation of original receipt of medical consultation and or laboratory fees paid on the same implementation year.
b. Receives Burial Assistance Benefit maximum of Php 1,500 (In-kind & flower wreath)
c. Can avail medical services during medical mission activity
CLASSIFICATION | CRITERIA | BENEFITS |
NICKEL MEMBER | ||
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BRONZE MEMBER | ||
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SILVER MEMBER | ||
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GOLD MEMBER | ||
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PLATINUM MEMBER | ||
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