Closer to the People!
First SACOP Branch Opens in Madapdap
12 Jun 2008
In its effort to improve the living condition of marginalized people with entrepreneurial and management skills, the establishment of SACOP’s first branch will definitely bring closer its services to the people of Mabalacat and nearby communities. The SACOP branch had a soft opening last April 21, 2008 in Madapdap Resettlement. The branch will offer the same services as with SACOP main office in Maimpis, City of San Fernando by way of extending Financial Assistance for additional capitalization to businesses. Mabalacat was chosen because of the concentration of the government resettlement areas namely Madapdap, Mawaque and Camachille. The Maryland Resettlement Community which is owned by SACOP is also situated in the municipality. The site is near the town of Magalang. SACOP Branch offers 3 loan windows. These include: ¡ Business Loan for small to medium micro entrepreneurs engaged in trading, manufacturing, food processing and service that provides employment opportunities to the community. ¡ Transport Service facility for tricycle drivers and motorcycle for employees working either in public or private companies as personal service. ¡ Multi Purpose loan for education, health and house renovation and construction. All loans are charged with 2% interest per month computed on a straight line method, service charge at 2% and a 5% penalty is charged in the amount due in case of delayed payments. The SACOP Branch exact location is Blk-87, Our new branch boasts of SACOP’s best quality service providers. People calling to our new branch office will be served by Elpie Manarang, a staff member who has 2 years experience in SACOP. operations. Werner Aragona will be responsible for marketing, screening of applicants, processing of applications and collections. He has been involved in this work for almost 8 years now. Through the years SACOP has looked for ways on how to better serve its clientele. With the introduction of its satellite office, SACOP intends to reach out more and come nearer its vision of offering “ FULLNESS OF LIFE “ to target clients.



