Financial Literacy Seminar at Nabunturan Integrated Cooperative (NICO)

The Co-operative College of the Philippines conducted an enriching in-house training seminar on Financial Literacy at the Nabunturan Integrated Cooperative (NICO) head office.

The discussion was delivered by Mr. Teddy Obsina, Chief Marketing Officer from CLIMBS Investment Management and Advisory Corp. (CIMAC), whose expertise provided participants with valuable insights into financial best practices tailored to the cooperative sector. Through engaging discussions and real-world examples, attendees explored the critical role of statutory funds in advancing cooperative goals and sustaining long-term success.

Participants gained practical financial management skills, enabling them to handle statutory funds responsibly and transparently. They were guided on how to optimize these resources to benefit their members and communities while staying true to cooperative principles. The seminar also fostered a stronger awareness of the obligations tied to statutory funds, helping cooperatives better align their financial practices with their mission of service and social impact.

This training not only strengthened the financial acumen of NICO’s leadership and staff but also reinforced the cooperative’s commitment to accountability and sustainability. By providing this tailored learning opportunity, The Co-operative College of the Philippines continues to support cooperatives in building robust financial systems that empower their members and contribute to community development.