Starting Monday next week I will be embarking on a major undertaking which would occupy me for the next four years. I hope to be able to finish it in that time span.
I realized that I need some drastic changes in my prioritization. These online activities like blogging (as if I always do blog :)) would have to take a much smaller slice of my time. I still have to see though. I might or might not be able to continue doing this now and then, but definitely I have to focus on that endeavor.
Since my studies in computer usually takes up most of my time otherwise not devoted to my professional growth, family and the Cebu Provincial History Project (as if I devote much time to it :)), I have to let go of many stuff: computer programming (goodbye PHP and MySQL, although as a matter of honor I have to finish iGrade, which I envision to take over the grade management in our school), automated data collection (haha, now you know why the bandwidth expense in your servers), EduPhil.org.
Also, I could not attend any more the monthly meetings of the not-yet-organized Cebu Science and Mathematics Teachers Association (CSMTA).
Okay, now I have to go :)
Cooperative seminar
We had a cooperative pre-membership seminar at school this afternoon. It has been some time since the administration had wanted to hold this seminar so that the cooperative which (I was informed) existed right before I was accepted as a faculty member back in S.Y. 2005-2006 could become legitimate and accredited with the Cooperative Development Authority.
Starting this January I had been running a sort of a "savings association" for the school's employees; I describe the system extensively at EduPhil.org. Currently the total capitalization is at PHP 56,600.00, cash on hand is PHP 8,098.50, and the expected income is PHP 5,638.18. With a total "points" of 5,019 in the system (please see the description for a better understanding of these "points"), the return per point is PHP 1.12. Not bad. The highest capitalist, with a capital of PHP 9,000.00, will have an additional PHP 856.80 at the end of the year (if today was the end of the year, or December 10 in our reckoning). [Note: The amount of points would actually increase if there is fresh capital infused into the system, while the income would only increase if there are additional loans, so the actual return per point may decrease.]
I realized from the seminar that Congress had just passed last February 17, 2009 a new Cooperative Code of the Philippines, Republic Act No. 9520. (The law is so new that LawPhil.net does not have it yet in its database.)
The person who conducted the seminar provided the following cooperative principles:
1. Voluntary and open membership
2. Democratic member control: secret balloting, no proxy voting, no nomination/voting for absent members, 1 member 1 vote
3. Member economic participation
4. Autonomy and independence
5. Education, training and information
6. Cooperation among cooperatives
7. Concern for community
Starting this January I had been running a sort of a "savings association" for the school's employees; I describe the system extensively at EduPhil.org. Currently the total capitalization is at PHP 56,600.00, cash on hand is PHP 8,098.50, and the expected income is PHP 5,638.18. With a total "points" of 5,019 in the system (please see the description for a better understanding of these "points"), the return per point is PHP 1.12. Not bad. The highest capitalist, with a capital of PHP 9,000.00, will have an additional PHP 856.80 at the end of the year (if today was the end of the year, or December 10 in our reckoning). [Note: The amount of points would actually increase if there is fresh capital infused into the system, while the income would only increase if there are additional loans, so the actual return per point may decrease.]
I realized from the seminar that Congress had just passed last February 17, 2009 a new Cooperative Code of the Philippines, Republic Act No. 9520. (The law is so new that LawPhil.net does not have it yet in its database.)
The person who conducted the seminar provided the following cooperative principles:
1. Voluntary and open membership
2. Democratic member control: secret balloting, no proxy voting, no nomination/voting for absent members, 1 member 1 vote
3. Member economic participation
4. Autonomy and independence
5. Education, training and information
6. Cooperation among cooperatives
7. Concern for community
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