Reports:
The OLMC until now did not have accepted any donations from other organizations or even in government. They try to apply to get grant from Pondo ng Pinoy and also try from Congressman Bingbong Crisologo, but because of lack of requirements to be passed until now they still haven’t accepted any donations from said organizations. They give donations especially in church.
Reflection:
OLMC credit cooperative is free from external control. This coop can stand alone because they don’t accept grants and donations. Sometimes they are the one who give donations to the Our Lady of Mount Carmel Parish. I learn that cooperative must not accept grants and donations so that it will not affect the system of the coop and they are free from external control.
