Asiapro Cooperative
Multi-purpose Cooperative
Philippines' Biggest Worker's Cooperative
(1) To determine whether the plantations, totaling less than a 1,000 hectares, will generate income for the indigenous people of Mindanao, using a new cultivar Cavendish Banana.
(2) To establish a Banana Farm Cooperative in Maragusan or Kidapawan in which the farm workers will become co-owners of the business, thereby increasing their collective income which will have economic benefits for the province as well as the families involved in the plantations.
Facts
1999
| Two years ago: | |
| Last year: | |
| This year (forecast): | 773,752 |
| Year 2 (forecast): | 770,439 |
| Year 3 (forecast): | 808,961 |
| Two years ago: | |
| Last year: | |
| This year (forecast): | 96,003 |
| Year 2 (forecast): | 105,416 |
| Year 3 (forecast): | 115,300 |
| Two years ago: | |
| Last year: | |
| This year (forecast): | 150 |
| Year 2 (forecast): | 150 |
| Year 3 (forecast): | 150 |
Finance needed
| Finance needed for fixed assets (buying of machines, buildings, ...) | 765,765 |
| Finance needed for working capital (salaries, stock, rental, leasing, transport, ...) | 954,471 |
| Total finance needed (US$) | 1,720,236 |
How do you expect this to be financed?
| Own Contribution in cash | 63,270 |
| Loans (debt) | 158,174 |
| Shares in your company that you offer to investors (equity) | |
| Other sources | 253,078 |
| Total finance needed (US$) | 474,522 |
The Business
The Cooperative is imbued with a vision to become the leading worker-owned social enterprise that continuously improves the quality of life of its worker-members for the socio-economic enrichment of its respective communities. It focuses its efforts and unique and innovative approaches on manpower services/job contracting. Accordingly, it takes on a three-fold mission: 1) that its owner-members will have sustainable, progressive, diversified and dignified sources of livelihood in the spirit of productivity, cooperation, entrepreneurship, and social and environmental responsibility; 2) that its customers – members and customers – will be provided with innovative and best quality products and services that deliver the most effective solutions and alternatives to their needs and wants; and 3) that its communities will be energized by creating accountable partnerships towards peace, productivity and prosperity.
Asiapro Cooperative is composed of self-employed/independent workers and professionals with work experience in diversified service functions and industrial operations. The types of members assigned to client-companies are packers, production workers, warehouse helpers, office machine operators, drivers, merchandisers, and the like. The Cooperative offers service solutions that provide customers the opportunity to achieve higher productivity, enjoy work flexibility, maintain operational cost effectiveness and gain local/global competitive advantage.
New variety planted and will be offered to the market as suppliers of new cultivar Cavendish Banana to Japanese market under Freight-on-Board.
Freight On Board Growers
The Entrepreneur & Management
Asiapro started its operations in 1993 as a business unit engaged in human resource management consultancy and manpower services, within a corporate set-up. In November 1999, after one year of research and soul-searching by its founder, Mr. Leo Parma, Asiapro was spun-off and converted into a multi-purpose cooperative, registered with the Philippines’ Cooperative Development Authority (CDA), the governing regulatory agency.
The cooperative principles and structure provided the determining ingredients that enabled Mr. Parma to develop a win-win solution to address the casual/contractual workers’ plight of intermittent/low income and poor quality of life, as well as the industries’ issues on recurring recruitment/ training costs and low productivity resulting from traditional service contracting engagements.
Development
Uplifting socio-economic conditions of low to middle income Filipino households.
Author
Mr. Leo G. Parma, Founder of Asiapro Cooperative & Coopreneur.