Share Capital (Saping
Puhunan)
Share Capital is the amount contributed by a
member to establish and maintain their
ownership in DACCO MPC.
Key Information:
- Reflects a member’s stake or ownership
in the cooperative
- Required for membership and continued
affiliation with DACCO MPC
- Minimum required Share Capital:
₱1,000.00 (subject to policy updates)
Withdrawal Policy:
- Not withdrawable while the member
remains active
- Can only be withdrawn upon official
account closure, subject to clearance of
obligations
Share Capital
Subscription
A member’s formal commitment to pay the
required minimum share capital within a
specific timeframe, allowing for gradual and
sustainable capital build-up.
How It Works:
- Member completes a Subscription
Agreement Form upon joining
- Share capital fulfilled through monthly
or scheduled installments
- Each payment is credited to the member’s
share capital account
- Once fully paid, a Share Certificate is
issued
- New Subscription Agreement is completed
after full payment
This mechanism supports the cooperative’s
capital needs while helping members
strengthen their ownership and maintain
active membership.
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