Cooperative Development Authority

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  • REQUEST SUBMITTED

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    Date: 2020-08-09 14:58:52.107159

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    Date: 2020-08-10 08:40:23.661128

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    Date: 2020-08-17 17:25:49.323104

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Audited Financial Statements, COOP-PESOS Results of Tagum Cooperative and Panabo Multipurpose Coop.

Requested from CDA by N. Rule at 02:58 PM on Aug 09, 2020.
Purpose: For evaluating the consistency of their annual reports
Date of Coverage: 01/01/2017 - 12/31/2019
Tracking no: #CDA-695029703749

Rule 02:58 PM, Aug 09, 2020 

Hello!  I hope this message finds you well amidst this Pandemic. I would like to request the following:

1. Audited Financial Statements of Tagum Cooperative and Panabo Multipurpose Cooperative  (Jan 1, 2017 - Dec 31, 2019)
2. COOP-PESOS Evaluation results of Tagum Cooperative and Panabo Multipurpose Cooperative (Jan 1, 2017 - Dec 31, 2019)

Cabang 08:40 AM, Aug 10, 2020 

August 10, 2020

Dear Noel,

Thank you for your request dated Aug 09, 2020 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Audited Financial Statements, COOP-PESOS Results of Tagum Cooperative and Panabo Multipurpose Coop..

We received your request on Aug 09, 2020 and will respond on or before Aug 28, 2020 02:58:52 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEENEQS02OTUwMjk3MDM3NDkM, for request with ticket number #CDA-695029703749.

Thank you.

Respectfully,

Ms. Iris Valerie Cabang
FOI Officer


August 17, 2020

Dear Noel Rule,

Greetings!

Thank you for your request dated Aug 09, 2020 02:58:52 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your request

You asked for Audited Financial Statements, COOP-PESOS Results of Tagum Cooperative and Panabo Multipurpose Coop..

Response to your request

While our aim is to provide information whenever possible, in this instance this Office does not have the information you have requested. However, you may wish to contact the respective offices of the subject cooperatives where such offices can be requested from our CDA Regional Office at r11@cda.gov.ph.

May we inform you further that the COOP PESOS rating is prescribed as Performance Standards for all credit cooperatives and used to be submitted to the CDA by all credit cooperatives.  In 2013, PISO was developed as Performance Standard for all types of cooperatives and as result, COOP PESOS is no longer required to be submitted by the credit cooperatives to CDA.  

However, there are credit cooperatives which are still using PESOS as performance standard tool still.

For further assistance you may review the FAQ section of the eFOI site: https://www.foi.gov.ph/help.

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Usec. Orlando R. Ravanera at chairman@cda.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,
Giovanni Platero
FOI Officer

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