LKBP holds 1st Virtual General Assembly

August 02 2021

Posted by: admin14

Ligas Kooperatiba ng Bayan sa Pagpapaunlad (LKBP), one of the Billionaire Cooperatives in the Province of Bulacan, openly embraced the changes in digital transformation brought by the Covid-19 pandemic as they conducted their first Virtual General Assembly. With the theme, “Moving forward on Sustainable Future touching both Economic and Social Piece,” LKBP held its 35th Annual General Assembly sequentially via videoconference from June 1, 2021 to July 30, 2021. LKBP presented reports from the Board of Directors down to its Management and Committees showing the status of the Cooperative from 2019 to 2020. Despite the pandemic, LKBP continues in providing services to all its members nationwide and worldwide. Also, part of the assembly was the launching of the KAYA (Kooperatibang may Asenso, Yaman at Abilidad), a payment platform developed for Cooperatives by the National Confederation of Cooperatives (NATCCO), Philippine Federation of Credit Cooperative (PFCCO), and the Asian Confederation of Credit Unions (ACCU). Total attendees of 2,938 participated in the Virtual General Assembly and around ₱800,000 cash prizes were given away to all lucky winners during the raffle. ¬LKBP members who attended the videoconference and won the raffle received their cash allowance and prizes through their Kaya Savings account.