In Partial Fulfillment of the Requirements for the Degree of
Bachelor of Science in Information Technology
December 14, 2012
Chapter I
Introduction
1.1 History of Organization
Pontevedra Peoples Multi-Purpose Cooperative former Pontevedra Vendors Development Cooperative Inc. (PVDCI), Organized in 19, 1989 through the help of DTI Capiz, NAMVESCO and LGU-Pontevedra. It was located in Rizal St., Pontevedra, Capiz. It was founded by Manuel T. Icang with 28 members composed of merchandisers and stall holders and 4 part-time personnel. It offered only Savings and Credit Services. Initial paid-up capital was 10,800 pesos and a membership fee of 50 pesos. Registered with BCOD in Jan 15, 1990 and confirmed by CDA in April 8, 1991 and Re-registered with CDA in Dec. 28, 2009. It offered scholarships programs in partnership with LGU-Pontevedra utilizing the proceeds of public CR. In 1996, PVDCI accepted members from different sectors. In 1998 a service provider for Non-formal education in selected barangay’s of Maayon, Capiz in partnership with DepED. And In 2004, operate cable TV business with the help of VICTO, PCF, Bugasong MPC and Barbaza MPC. After 20 years, PVDCI inaugurated the newly refurbished office in November 8, 2010. It operates an ATM business in partnership with ENCASH and SEED Finance Corp on November 13, 2010. Launched Smart Money Center on March 18, 2012 and opened a satellite office in Panitan, Capiz. General Amendments of Articles of Cooperation and By-Laws were approved last Feb 13, 2012 and changed its name from “Pontevedra Vendors Development Cooperative, Inc.” to “Pontevedra Peoples Multi-Purpose Cooperative” (PVDCI). Now it has total assets of 33 million pesos with 774 regular members composed of vendors, farmers, fisher’s folks, drivers and operators, government and private employees and elected officials.