You are viewing a single comment's thread from:

RE: Managing Life's Financials | Crypto Crash | Koop Membership Loan |

in Hive PH9 months ago

Sa cooperative. I'm sure there's one near your place where you can join. Once na mag member ka, pwede ka na mag loan, savings, join free seminars, network with other members, and enjoy other perks and privileges of members, like insurance, car/motorcycle loan, discounts in select establishments, free check up, etc. Depende sa cooperative na masasalihan mo ang services na pwede nila ibigay. Some coops have their own free clinic for the members so magandang organization ito. !PIZZA 🍕

Sort:  

Is there any fee and age limit?

From what I understand, Filipino citizens who are 18 years old may join. Some coops have kiddie accounts, junior savings, etc. where you can join if you are still a minor. Or, just have a guardian co-sign the membership and they will accept you as a member. I see that they are not as strict as other financial institutions because the concept is community based economic cooperation. Best to inquire with your local cooperative on their membership rules.

Thanks for the info, I might look deeper about this

Welcome. 😊

These are the fees for a full-fledged member, but you can opt for a lite account, where you don't have to pay the full share capital all at once. Click here to read how I joined a cooperative ---> My Coop Blog Post. 😊