
About LabCo
TLCS Laboratory Cooperative is a cooperative formed and managed by members, aged 7-25 years old, and is affiliated with Treasure Link Cooperative Society as the guardian cooperative.
Vision – The laboratory cooperative of choice committed to improving member’s life thru financial literacy and values education.
Mission – To engage the members to the Laboratory Cooperative activities in which they can earn knowledge on cooperative management at the same time instill values which nurtures them in the future.
Programs and Services
Share Capital Deposit
• Non-withdrawable deposits are generated from members as part of their responsibility in the cooperative.
• Php1,000.00 pesos upon membership application.
• Earn dividend after every year.
• Members are encouraged to participate on the Capital Buildup by depositing Php100.00 per month.
Special Assistance Program
1.Hospitalization Aid
• Special Assistance Program is a cash assistance to regular members who were hospitalized, whatever the reason may be.
• A member is entitled to a 10% refund of his or her total gross hospital bills with a maximum amount of Php1,000.00 whichever is higher and can claim three times a year. (Amended last February 18, 2024.)
2. MAP Aid
• A MEMBER IN GOOD STANDING will be given a MAP assistance. A maximum amount will depend on how many regular member is at the time of claim.
MAP CLAIM = No. of members * Php50.00 (contribution)
(Amended last February 18, 2024.)
Youth Engagements
• Designed for members, officers, and other students/ youth in the community.
– Leadership Trainings
– Financial Literacy Trainings
– Advocacy Trainings
• We can also provide trainings and seminars with barangays and schools, just contact us on our social media accounts and contact numbers provided in the last slide.
Youth Treasure
• A program designed for LabCo members with maintaining balance of Php50.00 with an interest deposit of 1.5% per annum, non-withdrawable within 3 months from the opening of the account.
• Open to members:
• a. 7-17 years old – with consent of parents
• b. 18-25 years old – without consent of parents
• Fees:
• Passbook Fee – Php50.00
• Initial Deposit – Php100.00
• Note: FIRST 100 DEPOSITORS will have Php100.00 SEED Money automatically deposited in their accounts.
• We still have 80 available slots.
Youth Care
• Designed to aid the educational needs of student members to pursue their studies.
• A program for TLCS LabCo Members, newly or currently enrolled in college and 18-25 years of old. Can avail of the service up to 50,000.00 with a one-year term maximum.
• Interest: 10% diminishing
• Fees:
• Notarial Fee – Php200.00
• Filing Fee – Php50.00
• Passbook Fee – Php50.00
• 2% Pro-rated
TLCS LabCo PineBreeze Laundry Hub
• First business hub of TLCS LabCo inline with their 5 year development plan.
• Businesses to cater and serve with quality services with potential growth.
• Address: Ato, Patay, Sagada Mountain Province
• Opened: August 18, 2023
How to be a member?
• Member must be 7-25 years of age.
• Must accomplish application form
• 3pcs 2*2 ID picture
• Photocopy of birth certificate
• Photocopy of school ID if applicable
• Photocopy of valid ID of guardian bearing picture and signature
Payment breakdown
• Membership Fee – Php200.00
• Passbook Fees:
– Share Capital – Php25.00
– S.A.P – Php25.00
• Initial Share Capital – Php1,000.00
• Initial Special Assistance Program Fund – Php500.00
ACHIEVEMENTS
Year
Accomplisment
March 19, 2016
- 11th General Assembly of Treasure Link Cooperative Society
- The GA of our guardian coop approved the resolution of accepting the responsibility and liability as Guardian of the Laboratory Cooperative.
September 15, 2016
- The guardian coop has filed the application for recognition of Treasure Link Cooperative Society Laboratory Cooperative.
September 21, 2016
- Certificate of Recognition was issued in favor of TLCS Laboratory Cooperative to operate.