ArchivesJanuary 2016PHCCI hits P2 billion mark in assets in 2015

PHCCI hits P2 billion mark in assets in 2015

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The Perpetual Help Community Cooperative, Inc. has announced to all members and owners that the cooperative had hit the P2-billion mark in assets for the year 2015.

According to Board Chair Danilo Cabahug, the growth of PHCCI’s financial growth is attributed to the strong collaboration of efforts from the officers, management and especially to the valued member/owners.

He challenged every owner to continue to show faith and rally behind PHCCI, said Maricar Aranas Vensuelo, marketing and advertising officer of PHCCI.

Cabahug said that the PHCCI will continue to make its presence felt and known in the community they are serving.

Partnerships and donations continue as well for various NGOs and church extension programs, among others.

Recently, one TV set was donated to the Bureau of Management Protection in Dumaguete City for the Female Dormitory of the City Detention and Rehabilitation Center.

OIC Jail Warden SJO4 Nathalie Mae R. Matillano expressed her gratitude to PHCCI for heeding their request. The TV set will help the BJMP management to enhance the implementation of their rehabilitation program.

Aside from education program, they can also use the TV set to learn about the latest information and updates on the latest happenings around the world.

The Female Dormitory houses 84 female inmates that include those serving their sentence while some are still facing ongoing trials of their cases.

Cabahug said the members of the BOD and management are continuously studying various avenues to help and become a part of the development in the community and its members, according to Vensuelo.

This year the cooperative is set to open another branch office in Lapu-lapu City in Cebu province. (PNA)

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