Ligas Kooperatiba ng Bayan sa Pagpapaunlad (LKBP), formely Ligas Kilusang Bayan sa pagpapaunlad, Inc. (LKBPI), was born on March 2, 1986 right after the historic EDSA Revolution. It originated from Barangay Ligas of then Malolos (now City of Malolos), Bulacan whose founding directors and members, mostly small businessmen and farmers, lamented the sorry state of the victims of loan sharks in their barangay.
The founders gathered a starting capital of P 15,800.00 which was initially lent to members for their livelihood and providential needs at very low interest rate, thus preventing them from borrowing from the so called "bumbay" or "5-6" proliferating then in the place. From here started the continuous growth in membership, capitalization and resources of LKBP. The cooperative has since established a positive image in the sector as proven by various awards and citations it received.
The organization was first registered as a credit cooperative in 1989, then it amended Its Articles of Incorporation and By-Laws in 1994 to reflect its shift from lending to multi-purpose cooperative. From mere lending, the cooperative has diversified its business and has expanded its areas of operations through its various branch offices, offering variety of programs and services to its members and to communities where it operates.
Lately, in preparation for the implementation of the new Manual of Rules and Regulations (MORR) and to strengthen more and expand its financial base and resources, if further amended its Articles of Cooperation and By-Laws. The latest amendment was approved by the Cooperative Development Authority (CDA) last June 18, 2007 under Reg. No. PGA-A-2007-06-028. LKBP is now ready to brace up for bigger challenges ahead as it equits itself to giving flesh to its new vision, mission and goals leading to a higher quality of life for members and communities.