Debt free!: The CAMCI’s testimony of victory

 

Ferdinand Cueva, chairman of the Catalanacan Multi-Purpose Cooperative (CAMCI) located at the Science City of Muñoz, Nueva Ecija, feels a sense of relief whenever he looks back at the situation of their cooperative in the 90s.

The cooperative was plagued with debt. Just when everything seems to be hopeless, a door of opportunity suddenly opened.


It happened in 2020 when CAMCI was considered in the list of DA-PCC to supply part of the requirements of the DepEd’s Milk Feeding Program and KaraBun (milk flavored bun) distribution.


The co-op gained Php54,497,300 from the 2,701,770 packs of toned milk that it produced for the milk feeding. They also earned a total of Php600,000.00 from the 600,000 pieces of carabun. Their determination and perseverance of officer and members to revive their cooperative paid off.


Forty-nine of CAMCI’s 131 members are engaged in dairying. The co-op buys milk from them at PHP76 per liter. 


Ferdinand is grateful that the implementation of milk feeding and distribution of KaraBun enabled them to recover the title of their land. He also shared the noticeable changes in the lives of their members.


He enumerated one by one the results of their engagement in milk feeding. 


“We acquired 5 hectares of land worth 8.6 million pesos. We also bought an elf truck worth 2 million pesos and built a gasoline station worth 1.50 million pesos,” Ferdinand proudly shared. 


They also built a bakery intended for the development of pastries flavored with carabao’s milk.


At present, CAMCI has three business lines namely trading, lending, and dairying. Ferdinand pointed out that their dairy business has the highest contribution to their total income. 


They are also managing a Dairy Box where their bakery and dairy products are displayed and sold. Said outlet is located along the Maharlika highway, Science City of Muñoz, Nueva Ecija where customers can enjoy fresh delicacies like espasol, bibingkang gatas, pastillas, chocomilk, and pasteurized milk. 


Part of their future plans is the expansion and building of additional outlet of dairy box where they can showcase their products. 


CAMCI is beyond thankful, even for the failures they overcome. Ferdinand said that a person should experience disappointments sometimes to learn how to be patient and perseverant. No one ever became successful without failing first.


It is indeed a great testimony of their determination, perseverance, and faith. For two consecutive years, CAMCI was bestowed the “Best Dairy Buffalo Farmer Cooperative” title during the 6th and 7th National Carabao Conference. 

Behind the success of our co-op is a story of disappointment, but with our patience and determination to scale up through dairying, we were able to find the light at the end of the tunnel.

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