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​Several years ago when I was in private corporations as a professional finance practitioner, it did not occur to me that I would be part and a volunteer of a movement that is entirely different from the corporate world where decisions would center on bottom line, earnings per share, book value per share, return on investments or return on assets. Today I am here with the decision makers of top cooperatives in the country with whom I now share the same vision – long term sustainability of cooperatives through a workable financial system that will protect the interest of every share holder no matter how insignificant it is…My personal commitment to this federation is to enhance sustainability and promote continuing service of member cooperatives by providing management and financial advisory services through liquidity fund management. Cooperatives is the only way to achieve economic growth and reduce poverty. - Vitaliano N. Nañagas II ​ ​​ |
Competition has been shown to be useful up to a certain point and no further, but co-operation, which is the thing we must strive for today, begins where competition leaves off - Franklin D. Roosevelt​​