Sorosoro Ibaba Development Cooperative (SIDC)

CHAIRPERSON

Founder

Victoriano E. Barte

INCORPORATORS

Incorporators

Sorosoro Ibaba Development Cooperative (SIDC) is first established as Sorosoro Ibaba Farmers' Association last March 19, 1969, thru Mr. Victoriano E. Barte who acted as the President and as the General Manager. It was registered with the Securities and Exchange Commission and was issued with a license. The association was funded initially by 59 members who voluntarily contributed two hundred pesos each for a total capital of P11,800.00. It was used for the construction of a goods store that offered basic commodities needed by the residents. Since some have started poultry and hog raising, feeds and other veterinary products were made available. The association has also become a dealer of different products, which were offered at low prices.

In 1972, the association became the Samahang Nayon ng Sorosoro Ibaba. Contract-growing activities were started. The success of the operation has strongly encouraged additional members to a total of 500, large enough for an organization to qualify as a full-pledged cooperative. Samahang Nayon ng Sorosoro Ibaba, Inc. became Sorosoro Ibaba Consumers' Cooperative in November, 1978. Five years later, it was registered with the Ministry of Agriculture as a development cooperative. Only then the cooperative was renamed Sorosoro Ibaba Development Cooperative, Inc. (SIDCI). It became Sorosoro Ibaba Development Cooperative (SIDC) in 1997.

As of May 2016, the cooperative has 10,547 regular members and 14,250 associate members. It is foreseen to increase due to the successes and the benefits it has been providing not only to members but to the community as well. The membership came from Batangas province and nearby provinces like Laguna, Quezon, Oriental Mindoro, Occidental Mindoro, Romblon, Metro Manila, Bataan, Zambales, Tarlac, Nueva Ecija, Bulacan, Bicol, Aklan and Antique. It now employs 335 regular employees, most of them are members of the coop.

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Featured benefits with SIDC membership

PATRONAGE REFUND

The way of Cooperative of sharing its profits among member-owners based on their purchases, which circulates money back into our community, helping to build a stronger local economy.

SCHOLARSHIP GRANT

Given to a child of a regular member with a good record or active member who has purchased at least 20,000.00 last year and has a good community record. The course need is related to the business of the cooperative

FREE MEDICAL CHECK-UP

Benefits given to the legitimate member of SIDC at given specific schedule.

TECHNICAL & MARKETING ASSISTANCE

This is part of Cooperative's support to its member as added value to their purchased and availed SIDC products and services.

MEMBER YEARLY INCENTIVE

Given to a member every end of the year. The amount of incentive is based on their purchases and availed services.

SIDC BENEFITS

SIDC CARE

SIDC Care is a medical benefit for qualified SIDC members. The amount of benefit available depends on the amount of purchase products and availed services.

STUDY NOW, PAY LATER

An educational financial assistance program of SIDC designed for the members with good scholastic and community record, to have an access on tertiary level.

Loan recipient shall begin paying their loans after completion of the course for which the loan expended.

MORTUARY BENEFITS

Provided to legal beneficiaries of late members. Must be active and have a good record membership.

SEMINARS & TRAININGS

SIDC provides Seminars & Training to different community. Modules are based according to their needs. This will help them have new ideas and skills for own productivity.

"Nagpapasalamat ako sa SIDC at nakapagpundar ako ng tindahan at natutustusan ko ang aking gastusin sa araw-araw. Tinanghal din ako bilang “Paiwi Best Raiser noong 2016. Bilang parangal,nakapaglakbay-aral ako sa Taiwan at nabigyan din ako ng cash incentive.

Sa mga hindi pa kasapi, sumali na kayo para makatanggap din kayo ng mga benepisyong natatanggap ko."

Sario Bautro
PAIWI BEST RAISER 2016

SIDC BRANCHES

Get in contact to us

Need general help on Membership or our Product & Services, send Feedback or just want to send us a message -please use form below. 

SIDC FULL LOGO FOOTER

General Contact

+ 63 (0)300 4058

info@sidc.coop

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