CDA Special Assistance for Recovery and Alleviation program
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- Опубликовано: 5 сен 2024
- As the lead government agency in the promotion and development of cooperatives, the Cooperative Development Authority (CDA) shall synchronize the efforts of other government institutions toward the common goal of empowering cooperatives to become instruments of equity, social justice, and economic development. One of the CDA’s mandates under RA 11364 or the CDA Charter of 2019 is, to administer all grants and donations exclusively intended for cooperatives coursed through the Authority for cooperative development.
In most cases, financial grants and donations are provided to cooperatives which are in their development stage or those in the micro and small categories needing assistance and support to start and or sustain their operation.
Cooperatives that experienced breakdowns in their operation brought by calamities and disasters, the recent pandemic, and other difficulties, should also be given priority for any assistance and support, especially financial assistance. They need to recover and rebuild their system and operation for the benefit of their members.
Against this backdrop, CDA has embarked on the Special Assistance for Recovery and Alleviation program to provide financial assistance/grants to cooperatives needing special assistance to recover from the onslaught of the pandemic, disaster, and other adversities they have encountered and alleviate their plight to continue serving their members.