The Pinili Development Cooperative (PIDECO/ PDC), founded in 1993 in New Lucena, Iloilo, is a cooperative that supports its members through savings, loans, and community services. It started with only ₱6,000 in capital and two part-time staff, but has grown to over 1,600 members, 17 full-time employees, and millions in assets. PIDECO offers various financial services, including loans for farmers, government workers, and small businesses, while also running a shop, pharmacy, and catering service for the community. Its impact is not only economic but also social and political, as many local government employees are members and beneficiaries. Despite challenges like market competition and resource supply, PIDECO continues to thrive by practicing sustainability, quality control, and strong community partnerships.
Domain:
Location/s:
Photo Credit/s:
Willy Labaro, 2023
Mappers:
Cheryl Luis
Tags:
community cooperative Iloilo, cooperative community service, cooperative economic impact, cooperative sustainability, cooperative-run businesses, farmer loan services Philippines, Iloilo financial cooperative, Iloilo small business support, local government employee cooperative, New Lucena Iloilo cooperative, Philippine cooperative growth, Philippine cooperative success, PIDECO catering service, PIDECO loans, PIDECO members, PIDECO New Lucena, PIDECO pharmacy, , Pinili Development Cooperative, savings and loans cooperative
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