CAPITAL BUILD-UP

From our studies, we learned the importance of capital in Economics and Business, as follows:

• Productivity Enhancement: Capital refers to the assets that increase work productivity such as tool and equipment, which are essential for the production process.
• Economic Growth: Capital plays a crucial role in driving economic growth by enabling business to invest in new technologies and expand operations.
• Consumption Improvement: It allows individuals and business to consume more and come up with better goods and services, enhancing overall quality of life.
• Foundation of Production: Without capital, the production process is not possible as it provides the necessary tools and machines.
• Financial Stability: In banking, capital is vital for maintaining financial stability and supporting lending activities.

These aspects highlight how capital is fundamental to both economic theory and practical business operations. And we vividly remember that these actually were in the long-term operations plan of Sorosoro Ibaba Development Cooperative, one of LBP’s assisted cooperatives in Batangas which emerged as the premier awardee of the Bank’s Gawad PITAK or the Gawad sa Pinakatanging Kooperatiba.

Open appeal to all CBMPC members

1. Let us continue increasing our share capital to serve the needs of more members, particularly the retirees with lower monthly pension.
2. Let us all actively support our cooperative’s Membership, Education & Training Committee (METC) in encouraging other retirees by informing them of the affordable and attractive products and services of CBMPC.
3. For all members to enroll their next of kin up to 2nd degree who are of legal age.
4. Management to post widely our quarterly SHARE newsletter in the CBMPC website.