Senator urges recognition Coops’ contributions to nation-building

Senator Christopher “Bong” Go has urged Filipinos to value and recognize the significant contributions cooperative have made to meaningful nation-building.

“Cooperatives have become an important force in countryside development and nation-building. Not only have they contributed to the development of the sectors they represent but they have also encouraged the empowerment of their respective stakeholders and communities,” Go said at the Virtual Forum with Cooperative Leaders recently.

“Cooperatives are truly vital because they help our fellowmen through knowledge and technical and financial service they impart…Let’s help each other to get the support and service of government to more Filipinos,” he added.

Go enjoined cooperatives to continue helping the country in any way they can. “For bigger cooperatives wishing to make donations for the public but don’t know where to go, we will help you and ensure that your donations will reach those who need help them most,” said Go.

The Senator Go assured cooperatives the government will continue providing assistance to small businesses and vulnerable sectors through the Bayanihan to Recover as One Act or Bayanihan 2.

Under Bayanihan 2, Go said there is standby fund to provide low-interest loans for workers and businesses affected by the pandemic. He said even cooperatives may avail of such loans.

“You may avail of these forms of assistance to strengthen your lending and loaning services in your communities,” he told the coop leaders,

Go also reiterated his call for cooperatives to utilize their Community Development Fund to contribute to the government’s efforts to fight the Covid-19 crisis and help their respective community members mitigate the socio-economic impact of the crisis.

The Senator also expressed his full support for endeavors by cooperatives through legislation. “I will support, through legislation, the reforms the Cooperative Development Authority may initiate in growing cooperatives,” he committed.

Go said the government considers cooperatives as in the current fight against the Covid-19 pandemic “because we know you are more than willing and capable to help our communities overcome this crisis.”

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