A bigger facility for Cambinocot coop in Cebu
Last March 27, Aboitiz Foundation turned over a newly renovated and expanded twostorey multipurpose building to Cambinocot Multipurpose Cooperative, one its outstanding assisted cooperatives in Cebu. Executive Vice President and Chief Operating Officer Sonny Carpio led the ribbon-cutting ceremony and was joined by Chairman Leo Alcantara and other coop members and officers.
The building was donated by the Foundation in 2006 in partnership with Philippine Business for Social Progress and Angelo King Foundation to house their store and office. Business grew over the years resulting in the need for an extension to house bigger inventories.
The cooperative has been a recipient of microfinance packages and grants such as a biodigester and nursery and bakery projects since 2001 and has grown into a bigger and self-sustaining group.