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Press Release - Empowering Coops Towards Inclusive Development: Bong Go supports Malasakit sa Kooperatiba initiative in Central Visayas

In his advocacy towards the development of micro and small cooperatives, Senator Christopher "Bong" Go personally extended his support to 23 select cooperatives from Region 7.

Held on Friday, September 20, at Lapu Lapu City Sports Complex, this initiative is part of the partnership of Senator Go and the Cooperative Development Authority (CDA) through its "Malasakit sa Kooperatiba Program" that aimed at bolstering the cooperative sector. Through this program that Go advocated for, each qualified cooperative is provided financial support.

The financial grant is a direct result of Senator Go's push for funding allocation in the 2024 national budget for the CDA's Human Capital Development Program. This program provides not only monetary aid but also capacity-building initiatives to help cooperatives in the region sustain and expand their operations.

During the event, Senator Go emphasized the importance of cooperatives in driving economic growth and fostering community development.

"Cooperatives are essential in building stronger communities. Through your collective efforts, we can help ensure sustainable livelihoods and inclusive growth. The Malasakit sa Kooperatiba Program is designed to give our cooperatives the resources they need to thrive and make a meaningful impact in their respective areas," Senator Go shared.

Go also expressed his gratitude to the local officials present that day, Lapu Lapu City Councilors Joseph Pangatungan and Efren Herrera and CDA Regional VII Director Christina Villamil, among others.

As a co-author and co-sponsor of Republic Act No. 11502, which declares October as National Cooperative Month, Go has consistently promoted cooperative development on a national scale. The law aims to raise awareness about the crucial role cooperatives play in nation-building and to celebrate their contributions each year.

Moreover, Senator Go co-sponsored RA 11535, which mandates the appointment of a Cooperatives Development Officer in all municipalities, cities, and provinces, ensuring that cooperatives receive institutional support at the local level.

As a member of the Senate Committee on Cooperatives, Go has made it clear that his commitment to the

Read more on legacy.senate.gov.ph