Sorosoro Ibaba Development Cooperative: Advancing Agri-business

SOROSORO IBABA DEVELOPMENT COOPERATIVE:

Advancing Agri-business

Presented by:

HON. RICO B. GERONChief Executive Officer, SIDC

2nd Representative, AGAP Partylist

SOROSORO IBABA DEVELOPMENTCOOPERATIVE HISTORY

Started as small farmers organization at Brgy. Sorosoro Ibaba, Batangas City on March 19, 1969

Initial capitalization of 59 members – P11,800.00

Founder – Mr. Victoriano Barte

Sari-sari store – first business venture

Sorosoro Ibaba Development Cooperative (SIDC)Sorosoro Ibaba, Batangas City

Sorosoro Ibaba Development Cooperative(SIDC) is the biggest agri-based cooperativein the Philippines with 1.8 Billion assets thatsupports the livelihood of its more than21,000 members in Central Luzon,CALABARZON, MIMAROPA, Bicol and PanayIsland.

TODAY…

• Different business ideas arise from the needs of our members.

• Some business arise to help another existing business.

• Thus, we maximize the potential of our value chain through different business integrations.





SIDC PROJECTS

Feedmill

Started in 1987

Source of one major input for hog production - FEEDS

Livelihood project

known as paiwi system

fattenersStocks, Feeds, Veterinary Services & MarketingEqual Sharing of ProfitPatronage Refund

Contract Growing

Savings and Loans

Deposits Accepting deposits from membersLoans Cash Loan (STL, MTL, LTL) Hog Fattening Program Hog Breeding Program Agricultural Production Loan Housing Loan Car Loan Program Environmental Loan Mortuary LoanInvestment Accepting investment from OFW

and other members

Artificial Insemination

Ensures high quality piglets

Cost Efficient

Maintaining high grade boars

Supervised by qualified technicians

500 sow level piglet multiplier farm

Taysan, Batangas

Hi-grade sows and boars

first-class facilities

Pig Farm

Communal Farm

Contract growing under communal setup

With capacity of 1,130 heads hog fatteners

Provides members of hog pen, stocks, feeds and veterinary products & services

Hog Selling Pen

Ensures a market for members who raised fatteners under contract growing

Speeds-up sales of hogs

electronic weighing scale

Prevents spread of diseases

Selling pen fees

CoopMartStarted as Sari-sari store

With 6 branches

Offer basic commodities

Patronage Refund

30 day credit line

COOP SUPERMART

Rice Milling

Located in Oriental Mindoro

Consumer store wherein basic household needs are available including agricultural inputs

220 sacks milling capacity per day

Gasoline StationBatangas & Oriental Mindoro

Offers coop products, rice, groceries, auto supply and gasoline products to regular and associate members

Other services that can be availed by members are washing, greasing, vulcanizing, change oil and battery charging

Water Refilling Station• Safe Purified

Drinking Water using Reverse Osmosis

• Free use of hot and cold dispenser for 5 containers per week

• Patronage refund

• Free delivery to covered areas

Organic Fertilizer Production of organic fertilizer from hog manure and chicken dung

Aqua Culture Fish pond project at Jaen, Nueva Ecija and Tarlac

Layer Farm

Located at Balanga Ibaan, Batangas

with 75,000 heads of layers

OFFSET PRINTER TARPAULIN PRINTER

Printing

SIDC COOP ASSURANCE CENTER

1. Group Life Insurance2. Motor-Car Insurance3. Fire Insurance4. Surety Bond5. Student Group Accident Insurance Program6. Group Protection Plan for Overseas Filipino Workersa

Covered In-Ground Anaerobic Reactor (CIGAR) Biogas Digester

Biogas supplies electricity to SIDC Coopmart

= zip line= areal biking= fishing= team building

facilities= rooms for accommodation= tunnel exploration

SOROSORO SPRING RESORT

SOCIAL RELEVANCE CURVE



Economic Viailityand Social Relevance Curve

Social Relevance

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Economic Viability and Social Relevance Curve

Social Relevance

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Coop Business

MembersCoop

Community Fund

Scholarship

Mortuary Benefit

Health BenefitsInterest on Capital

Patronage Refund

S U R P L U S

SIDC’s Different Integration Model

From SPERM to GERMArtificial Insemination

Livestock Production:-Pig Multiplier Farm

-Communal Farm- Contract Growing (Paiwi) Bio-gas Digester

& Electric Generator

Organic Fertilizer

ProductionCharcoal Briquette Production

Food Processing Plant (Powered by

Biogas)

Corn Production

Feedmill

Viajeros

Memorial Loan & Mortuary Benefit

From Womb to Tomb

Medical

Scholarship

Employment

Livelihood

Lakbay Aral

Food & other basic commodities

Environmental Program

Recreation

Shelter

Services

Adherence to coop-values was the major factor in

its growth

MEMBERS PARTICIPATE IN

•OWNERSHIP

•GOVERNANCE

•BENEFITS

2014 VILLARSIPAG AwardsTop 10 Most Outstanding

Community Enterprise

2013 Internationally Accredited Feed

Manufacturer

2013 LandbankGawad Pitak

Platinum Award

AWARDSMost Outstanding Small Farmers Organization (1989)Most Outstanding Cooperative, Gawad Pitak Awards (August, 1997)Most Outstanding Cooperative, Third Place, Gawad Pitak (1996)Best in Profitability, Gawad Pitak (1993, 1994, 1995 and 1997)Best Co-op Citizen, Third Place, Gawad Pitak (1996)Most Outstanding Filipino Enterprise, Feed Mill Project, Kabuhayan Awards (April 24, 1998)Best of Hall of Fame Award, LandBank Gawad Pitak (Aug. 6, ‘98)Outstanding Social Enterprise for People Dev’t.,Livelihood Corporation (Dec.,’98)Most Outstanding Agricultural Multi-purpose Cooperative,Cooperative Development Authority (1999-2001)Hall of Fame – Agricultural Multi-purpose Cooperative Category, Cooperative Development Authority (2002)Outstanding Cooperative, Coop-LGU Partnership Award,(July, 2003)Outstanding Key Cooperative, Gawad Pitak 2006 Landbank of the Philippines (August 8, 2006)Internationally Accredited Animal Feed Manufacturer 2013 DA (August 7, 2013Platinum Award Gawad Pitak 2013 Land Bank of the Philippines (August , 2013)Top 10 Outstanding Community Enterprises, 2014 Villar Sipag Award on Poverty Reduction, December 12, 2014

In SIDC, we are not only developing FARMERS...

We are developing ENTREPRENEURS.

Thank you for listening!

Sorosoro Ibaba Development Cooperative: Advancing Agri-business

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