The Negros Oriental Union of Cooperatives (NEORUNCO) has received the Gawad Parangal Award, being chosen as the best cooperative in Central Visayas.
NEORUNCO will be competing for the national Gawad Parangal award along with other finalists across the country.
Dr. Emmanuel Santiangel, chair of the Board of Administrators of the Cooperative Development Authority, personally handed the award to NEORUNCO Manager Diogenes Fabro during at the awarding ceremony Saturday at Bethel Guesthouse.
The awarding ceremony was also witnessed by Felipe Deri, CDA regional director for Central Visayas, and representatives, directors and managers from 40 member cooperatives in Negros Oriental.
According to Dr. Santianguel, this is the first time the CDA has recognized a union of cooperatives since in the previous years all the finalists are either multi-purpose, credit or community cooperatives. He said this year is unique because NEORUNCO is a training arm of the cooperatives in Negros Oriental and the Visayas area.
He said CDA recognizes the exemplary performance of cooperatives with best practices.
A team of evaluators are roaming around the country to evaluate the nominated cooperative whether they have achieved the criteria.
Dr. Santiangel extended his congratulations to NEORUNCO and its member cooperatives for waving the banner of good cooperative management.
Santiangel explained the purpose of the Gawad Parangal is to recognize the efforts of cooperatives across the country.
The mandate of CDA is to oversee the operations and development of the cooperatives.
They are also mandated to eliminate bogus cooperatives. NEORUNCO Manager Diogenes Fabro also expresses his gratitude for the recognition as the Regions’ best.
He is hoping that they can make it to the national level.
Fabro said the award increases their motivation to become more eager in helping small cooperatives in the province.
He said NEORUNCO started as a baby project of the Perpetual Help Community Cooperative which aims at providing training and education to the different cooperatives in the Province.
Part of the requirement of CDA is the continuing education like parliamentary procedures, training on accountants, on proper investing among others.
This will help cooperatives to improve and build a solid foundation. (PNA/JFP)
