The Agdao Multipurpose Cooperative (AMPC) inaugurated its second building in Davao City last Tuesday November 28. The inauguration was attended by the general manager of AMPC, board members, employees , some of the members of AMPC, and it was also graced by the Toril Barangay Captain, Lilibeth Al-ag.
The construction of the building was prompted by fast growth of AMPC members in Toril. The previous office of AMPC can no longer accommodate the huge number of people conducting transactions with them.
The AMPC Toril has been serving its members for approximately 10 years. The coop was able to attract 8,000 new members and is earning a yearly net income of not less than P10 million.
“As of last month, naa nay 9 million daan, so practically it will be even more than 10 million,” said Paterno Romeo F. Patrimonio Jr., general manager of AMPC during the press conference held at the AMPC Green Building II yesterday.
“Makaya pa na nila nga muabot ug mga 12 million or more sa December considering ga naa tay mga dagkong effort kung mag year end na atong operation,” he added.
The project has a budget of P20 million. It has floor area of approximately 500 square meters.
“We want to establish a foothold here in Toril District to add more services to the people,” Patrimonio said.
He said that Toril has its own economic activity and has the potential for more development.
“As we can observe the developments are moving towards South especially the influx of residential development. Even the industrial development like the widening of roads going South Toril will be an area where in they could reach out to areas outside Davao City like Santa Cruz,” he added.
AMPC also plans to open more branches in the region. The coop plans to open a branch in Tagum, Butuan, Valencia, Panabo, Cagayan De Oro and Malaybalay.
“Not all branches have their own building, when we start opening branches we make it sure na naa mi sa strategic na lugar. So among ginabuhat we basically rent a space para mi maka sugod sa among serbisyo para sa maga members,” said Alfred T. Allaga, AMPC vice-chairperson.
“Plano to siyang mahimo to siyang mga locations maybe in 2018 naa ta ma open isa or duha but that would depend on the viability of the sites. Although approve na siya pero naa gihapon ta’y mga prerogatives nga based sa consensus sa directors na ipadayun ang pag branch out or i-hold lang muna depende kung unsa ka ready ang lugar ug kung unsa ka kailangan ang AMPC,” said