Raffle Promo Campaign Generates P20.275M Fresh Funds and P15.226M New Loans; CBMPC Picks Lucky Winners

The Raffle Promo Campaign launched by CBMPC for a one-year period starting October 15, 2021 to October 15, 2022 was able to generate a total of P 20.275M fresh funds and P15.226M new loans. Prizes of P10,000 (1st), P7,500 (2nd) and P5,000 (3rd) were at stake under the three categories, namely: Share Capital, Deposits and Loans.

The raffle draw was held on October 20, 2022, during the “Talakayan sa Kooperatiba 2022 cum Raffle Draw.” Twenty-seven members joined the zoom meeting, while seven members and staff were physically present in the raffle venue at the CBMPC Office. Drawing of lots was done by Ma. Theresa Rodriguez of the Audit Committee and Marites Manansala, a coop staff, and witnessed by all present.

The lucky winners are as follows— for Share Capital: Wilfredo Decal (1st Prize), Cesar Usigan (2nd prize) and Marites Adorable (3rd prize); for Deposits: Salvador Padilla (1st prize), Lydia de Asis (2nd prize) and Noemi dela Paz (3rd prize); and for Loans: Patricia Pagdonsolan (1st prize), Vicente Langit (2nd prize) and Cesar Usigan (3rd prize).

Share Capital referred to initial and additional share capital deposits of at least P50,000 done during the promo period, to be entitled to one raffle ticket. This may be deposited one time or accumulated within the promo period. Multiples of P50,000 were also included.

Deposits (regular or time deposits) referred to initial and additional deposits of at least P100,000 done during the promo period, to be entitled to one raffle ticket. This may be deposited one time or accumulated within the promo period. Matured deposits of P100,000 which were either renewed or withdrawn within the promo period were included in the raffle.

Loans referred to loans availed during the promo period, to be entitled to one raffle ticket. Loans in multiples of P100,000; several loans availed with accumulated amount of P100,000; and loans of P100,000 availed and paid fully or partially within the promo period were included in the raffle. However, loans which were classified as past due as of the end of the promo period were not included.