UNCC

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What is a Patronage Refund?

Patronage refund is the name for how co-ops send profits back to their owners/members Essentially, each owner/ member gets back part of the profit from their own purchases.

Co-ops are distinctive businesses based on cooperative ownership.
Owners/members purchase equity shares, but the profits are not distributed based on the number of shares owned. Co-op profit is distributed based on how much each owner spends at the co-op; that is their patronage.

UNCC provides the food and products that our owners/members want to purchase. Every owner/memeber purchase is recorded when you use your code number. Those records are the basis for the patronage refund in profitable years.

With Bokal Bart Blanco of Lone District of Batangas City

UNCC Presentation in CALABARZON and MIMAROPA

A cooperative is an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations by making equitable contributions to the capital required, patronizing their products and services and accepting a fair share of the risks and benefits of the undertaking in accordance with universally accepted cooperative principles. (Italicized words/phrases are inserted under the new law.)

GBI FOUNDERS

Uncc meet the veterans

A noble Cooperative having a system and program for the less fortunate.

People helping people.

Laguna