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The National Confederation of Cooperatives (NATCCO) was organized by credit union pioneers in the Philippines who believed that the task of co-op development lies primarily in the hands of the private sector. As early as the 1950s to 70s, co-op sector leaders were aware that in order to succeed they could not rely on government alone.
It was established under Republic Act No. 6939 also known as the Cooperative Development Authority Act, as mandated by Republic Act No. 6939, the Cooperative Code of the Philippines. Republic Act No. 6939 was repealed and was replaced by Republic Act No. 9520, otherwise known as the "Philippine Cooperative Code of 2008."
The history of the cooperative movement concerns the origins and history of cooperatives across the world. Although cooperative arrangements, such as mutual insurance , and principles of cooperation existed long before, the cooperative movement began with the application of cooperative principles to business organization.
Historically documented states/polities (north to south) Pangasinan (historical polity) Caboloan; Cainta; Tondo; Namayan; Maynila; Kumintang; Ibalon; Ma-i; Pulilu
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Cooperatives inclusive of cooperative movements and organizations; Electric cooperatives registered with the Cooperative Development Authority; Implementation or amendment of the Cooperative Code of the Philippines; Urban and rural-based credit, consumer, producers, marketing, service and multi-purpose cooperatives
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One of its founding members, Jeremias Montemayor, a lawyer, [3] developed an early plan for an agricultural cooperative organization called "Plows and Peace" which later developed into a plan for the organization. [4] Fernando Esguerra was another influential figure in FFF's early history. [5]