Home






Share Capital


Share Capital is a unique financial product of AIMCooP because it entails ownership. None interest bearing but earns interest through IC(Interest on Capital).Non-withdrawable.

The Members: Regular Member, Associates' Member and Laboratory Member , shall be subject to verification and review on the compliance set forth in the Policy Objectives of the Cooperative. Benefits are not automatic privilege / given to anyone, it is in the process of certain compliance. Therefore, the absolute benefits are hereby set for the basis for granting benefits to those qualified members and serves as reference , perusal and guidance.


Share Capital Certificates

Classification
Compliance/Level
Platinum Certificate
Php. 200,000.00 - or more
Gold Certificate
Php. 100,000.00 - Php. 199,999.99
Silver Certificate
Php. 50,000.00 - Php. 99,999.99
Bronze Certificate
Php. 20,000.00 - Php. 49,999.99
Ordinary Certificate
Php. 4,000.00 - Php. 19,999.99

The share capital value as par value of 1 Share for every Php. 100.00



a. Platinum Certificate
Qualifications:
i. Have a platinum certificate
ii. Have acquired 2 or more additional share certificate aside from platinum certificate
iii. Actively attending/ support any AIMCooP activities in a year
iv. Not delinquent on loan during evaluation period
v. Must have an outstanding loan during evaluation period
vi. Have a Preferred Savings and Time Deposit
vii. Have implied the duties and responsibilities of being a member of the cooperative


Benefits:
i. No more deduction on the required maintaining balance on “Special Savings”
ii. Given special rates in any loan products
iii. Priority in the selection during ARA, given he/she is qualified on the requirements set by the cooperative to the delegate qualification
iv. Can run in any elective position of the cooperative, given he/she qualifies on the requirements set by the cooperative
v. High Qualification of Funeral Service with priority on orchestra
vi. Shall be given due recognition on the computation of DIVIDEND, of not less than the INFLATION RATE, but to not exceed 5% on the total dividend net distribution. These shall be distributed into 50% for the IC and 50% for the PR.



b. Gold Certificate
Qualifications:
i. Have a gold certificate
ii. Have acquired 2 or more additional share certificate aside from gold certificate
iii. Actively attending/ support any AIMCooP activities in a year
iv. Not delinquent on loan during evaluation period
v. Must have an outstanding loan during evaluation period
vi. Have a Preferred Savings and Time Deposit
vii. Have implied the duties and responsibilities of being a member of the cooperative


Benefits:
i. No more deduction on the required maintaining balance on “Special Savings”
ii. Given special rates in any loan products
iii. Priority in the selection during ARA, given he/she is qualified on the requirements set by the cooperative to the delegate qualification
iv. Can run in any elective position of the cooperative, given he/she qualifies on the requirements set by the cooperative
v. High Qualification of Funeral Service with priority on orchestra
vi. Shall be given due recognition on the computation of DIVIDEND, of not less than the INFLATION RATE, but to not exceed 5% on the total dividend net distribution. These shall be distributed into 50% for the IC and 50% for the PR.



c. Silver Certificate
Qualifications:
i. Have acquired silver certificate
ii. Actively attending/ support any AIMCooP activities in a year
iii. Not delinquent on loan during evaluation period
iv. Have implied the duties and responsibilities of being a member of the cooperative


Benefits:
i. Given any loan products as privilege
ii. Can run in any elective position of the cooperative, given he/she is qualified on the requirements set by the cooperative
iii. The member under this category shall be considered as ordinary compliant as a regular member. Ordinary rate of dividend computation based on the given and divided into IC and PR.


d. Bronze Certificate
Qualifications:
i. Have a bronze certificate
ii. Actively attending/ support any AIMCooP activities in a year
iii. Not delinquent on loan during evaluation period
iv. Have implied the duties and responsibilities of being a member of the cooperative


Benefits:
i. Given any loan products as privilege
ii. Can run in any elective position of the cooperative, given he/she is qualified on the requirements set by the cooperative
iii. The member under this category shall be considered as ordinary compliant as a regular member. Ordinary rate of dividend computation based on the given and divided into IC and PR.


e. Ordinary Certificate
Qualifications:
i. Have acquired ordinary certificate
ii. Actively attending/ support any AIMCooP activities in a year
iii. Not delinquent on loan during evaluation period
iv. Have implied the duties and responsibilities of being a member of the cooperative


Benefits:
i. Given any loan products as privilege
ii. Can run in any elective position of the cooperative, given he/she is qualified on the requirements set by the cooperative
iii. The member under this category shall be considered as ordinary compliant as a regular member. Ordinary rate of dividend computation based on the given and divided into IC and PR.