CDA launches Search for Gawad Parangal 2016

THE COOPERATIVE Development Authority (CDA) is in search for coops with exemp lary performance and services as they launched this year’s Gawad Parangal.

Screening officially starts from the municipal up to the provincial level after its launching April 19.

Those qualified in the provincial will be joining the regional search while winners in the regional will be CAR’s contenders to the national level.

Supervising cooperative development specialist Leticia Cayanos said the CDA targets to accomplish the shortlist of qualified cooperatives by April 30. The shortlist of potential nominees will be derived from the CDA database of registered members.

Deadline for the acceptance of the nomi-

nation and documents will be on May 16, while the evaluation of the documents submitted by the qualified cooperatives will be on May 17. Endorsement to the national screening committee is slated on June 15.

“Cooperatives must have remarkable and exemplary achievements in sustaining quality programs for their members,” Cayanos said.

The Gawad Parangal is an annual activity of the CDA to acknowledge the most outstanding coopera- tives as well as the best performing cooperative development partners.

Categories for the search are Most Outstanding Primary Cooperatives ( Micro, Small, Medium and Large Scale), Best Performing Cooperative Federations and Unions, Best Performing LGU Cooperative Development Offices, Best Performing Cooperative Development Councils, and Most Outstanding Cooperative Leaders.

Selection for primary cooperatives, federations and unions will be based initially on their submission and compliance with the Cooperative Annual Progress Report (CAPR) with complete attachments and no nomination will be required.

Shortlisted cooperative must have a good financial standing as audited by the CDA.

Regional director Franco Bawang said there are over 800 cooperatives in the region registered with CDA based on available data as of Decem- ber 31, 2015.

Of the CDA- registered cooperatives, at least 30 belong to the large scale cooperatives or those having over P100 million in assets. There are nearly a hundred medium scale cooperatives; over 150 small scale; and, over 300 are micro scale.

Most of the cooperatives in the region are credit- type services, multipurpose and consumer services. With a report from David Beltran/ University of Baguio Intern