(082) 222-9948
Mon - Fri
8:30am - 5:30pm
info@silangancoop.com
General Inquiries
Silangan Bldg. 1, Araullo Ext., Brgy. 11-B, Poblacion
Davao City, PH
(082) 222-9948
Mon - Fri: 8:30am - 5:30pm
info@silangancoop.com
General Inquiries
Silangan Bldg.1 , Araullo Ext.
Brgy. 11-B, Poblacion Davao City, PH
What is Silangan Multi-Purpose Cooperative?
Silangan Multi-Purpose Cooperative is a home grown cooperative in Davao City organized in March 1990 by 25 original cooperators contributing P125,000.00 as initial paid-up capital.
Silangan MPC is a community-based savings and credit cooperative that transacts to members only.
Where are the branches located?
Davao City
Davao City
What are the branches contact numbers?
How to be a member?
Steps to become a member:
What are the membership requirements?
What are the Rights of Member as Owner
What are the Privileges of Member as Owner
What is a Share Capital?
In a cooperative, share capital refers to the funds raised by the cooperative through the issuance of shares to its members. Share capital represents the members' ownership stake in the cooperative and is a common form of financing for cooperative businesses.
What is a Regular Savings account?
Regular savings is the savings deposit account that comes with Silangan membership and one that every member must have. This account is linked to the member’s share capital account where the interests on share capital and patronage refunds are credited annually.
What are your Savings Deposit Facilities
Can I avail of a loan after membership?
Upon approval of their membership, every member has the opportunity to apply for loan products right away. However, this privilege is extended only after successfully passing the credit investigation and undergoing a thorough evaluation. While the credit facilities of Silangan MPC are accessible to all members, it's important to note that the loan approval process has distinct requirements separate from those for membership.
How to avail of a loan?
Applying for a loan is easy and these are the standard requirement:
The loan requirements vary from each loan type and additional requirements may be required to properly evaluate the application.
What are your loan products?
What is your mortuary program?
The mortuary program of a cooperative, particularly within the context of the Cooperative Insurance System of the Philippines (CISP), is designed to provide its members with financial assistance to cover funeral or mortuary expenses in the event of a member's natural death. This type of program is essentially a form of life insurance, where members pay an annual premium of P1,160.00 to the cooperative in exchange for a specified mortuary benefit of P100,000.00 in case of their demise.
Are loan co-makers have to be Silangan members, too?
A homegrown cooperative in Davao City, SILANGAN has been a 3-year recipient of the "Most Outstanding Cooperative for Large Category" in the city, putting it in the Hall of Fame.
Monday - Friday
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08:30 AM - 05:30 PM
Saturday - Sunday
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CLOSED
(082) 222-9948
Mon - Fri: 8:30am - 5:30pm
info@silangancoop.com
General Inquiries
SMPC Bldg., Araullo Ext.
Brgy. 11-B, Davao City, PH
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