The Board of Directors and Officers of our Cooperative would like to greet everyone a very Merry Christmas and a Prosperous New Year!

2018 has been another strong year for our cooperative. It is only our 4th year of operation but our Assets have grown to almost P50M in that short period of time! We definitely are one of the fastest, if not the fastest, growing employee cooperative in the Philippines! Truly a great accomplishment by any measure.

Some of our accomplishments this year include:

• Released close to P30M worth of loans - this has helped hundreds of members in their financial need.
• Damayan Benefit Claims – we were able to provide burial assistance to 15 members who lost a dependent.
• HPPECC Vacation Home – we were able to launch our Tagaytay condo where members can relax with their family at a specially discounted rate. An Online Reservation System was also added to make it easier for members to view availability and make reservations while minimizing required admin work in the backend. 
• Online Membership Application – to improve recruitment, we converted the paper-based Membership Application Form to online, making it easier for new members to fill-up.
• Launch of HPP Mobile – enables members to view balances of their investments and loans with the cooperative 24x7. More features are being added to the app so watch out!
• Special Recognition Award – HPPECC was recognized by the Cooperative Development Authority - Manila Extension Office (CDA-MEO) during the Gawad Parangal Awards held at the Winford Hotel in Manila on Sep 20, 2018. The CDA-MEO has cited HPPECC saying that its "best practices and good governance are worth emulating".
• Taguig Coop Spirit Award – HPPECC won and was recognized by the City of Taguig through the Cooperative Development Office for our “Significant Increase in Networth”.
• Christmas Gift - as a benefit to members, our cooperative was able to give Cash Gifts amounting to P200/year of membership to all Members in Good Standing. And in response to members’ feedback to streamline distribution, the Cash Gifts were automatically deposited to each qualified members Coop Savings Account.
• Online Petty Cash Loan – to improve services to members, Petty Cash Loan was made available online to make it easier for members to avail. The turnaround time of 3-5 days was also significantly reduced to just 24 hours.
• Birthday Loan Improvement – in response to members’ feedback during the last General Assembly, the co-maker requirement for Birthday Loan has been removed. The maximum loanable amount was also increased to up to P20,000.00 depending on tenure.
• Maxicare EReady – we partnered with Maxicare to allow us to extend this pre-paid health card to our members for emergency cases.
• Tools for School Program - we joined the Grand Summer Bazaar For A Cause that was organized by the P&G Account Employee Engagement Team and we were able to generate a total of P8,200.00 for donation to DXC Inspire's Tools For School Program.
• LEARN Program – we have launched this program where members can "LEARN to EARN". The idea is to run small business-related or livelihood seminars/workshops that will equip members and/or their families with the skills necessary to start their own business and earn extra income. The first run, "Starting and Managing Your Own Business" and "Franchising for Filipino Entrepreneurs", had been successful. 2 or 3 sessions are planned per year.
• HPP Café – we were able to launch our catering business which has been well received and is regularly being patronized by our members.
• Member Ads – we have launched a special website where members can post Ads and market their own products and services to other members. The idea is in line with our objective to help members gain financial freedom by providing them with every possible earning opportunity.

Indeed we’ve accomplished a lot this year and more are planned in the coming years. Our application to be a Multi-Purpose Cooperative (MPC) was delayed due to some technicality with our application. But those findings have been clarified with the CDA and we’ll be continuing the initiative through 2019. Again, being an MPC cooperative will allow us to fully engage in business which will open up more opportunities for our cooperative.

Happy Holidays! Looking forward to your continued support and engagement in 2019!

Yours in the spirit of cooperation,

Val Hilario