Frequently Asked Questions FAQs

What are the Risks in Joining KsKSMP Cooperative?
Anu-ano ang mga Peligro sa Pagsali sa Kooperatibang KsKSMP?

With all our good intentions, we cannot give any guarantee for your participation.

Mabuti man ang aming intensyon, hindi pa rin kami makakapagbigay ng garantiya sa mga sasali sa KsK. Kaya nga sinumang gustong sumali ay dapat tandaan ang mga sumusunod:

1. Part only with your risk equity money, perhaps, no more than 30% of your investible cash available within the next 3 years.
   
   Isali lang ang sobrang pera o kapital, yung hindi hihigit sa 30 porsyento ng perang pampuhunan na handa niyong ilagak sa loob ng susunod na tatlong taon.
   
   
2. Risk of participation loss is remote especially when we are able to acquire our own bank.
   
   Malabo namang malugi ang lahat ng inyong isinali, lalo na kapag nakakuha na tayo ng sariling bangko.
   
   
3. Liquidity is tight for the first two years. However, you can get your money back even within the first two years if you are willing to forego all your gains and membership fee.
   
   Malabo pang mapagkakitaan o maibenta ang perang isinali sa unang dalawang taon. Pero pwede niyo namang bawiin ang isinali kahit sa loob ng panahong ito kung handa niyong isuko na lang ang lahat ng kinita nito at ang inyong membership fee.
   
   
4. Note that we have an exit mechanism. Therefore, liquidity is determinable. Investments we make are leveraged to mitigate risks i.e risks are managed to prevent loss of principal.
   
   Meron tayong mekanismo para sa paglabas, kaya nga pwede niyo namang bawiin o gamitin ang ipinasok niyo anumang oras niyo gustuhin. Ang perang inilalagak natin ay ipinupuhunan sa paraang makakabawas sa panganib ng pagkalugi. Ibig sabihin, kontrolado ang panganib para maiwasan ang pagkalugi ng kapital.
   
   
5. Only the member can determine for himself if his tolerance for risk will allow him to participate in KSK. If his participation is not large in relation to his present financial resources (which we always emphasize), his risk in participating in the coop would really be moderate.
   
   Tanging kayo lang bilang miyembro ang makakapagdesisyon para sa inyong sarili, batay sa kung gaano kalaking panganib ang kaya niyong suungin, kung handa na ba kayong sumali sa KsK.
   
   Kung hindi naman ganoon kalaki ang isasali niyo kumpara sa kabuuang halagang meron kayo sa ngayon, hindi rin naman ganoon kalaki ang panganib na haharapin niyo sa pagsali sa kooperatiba.
   
   
6. The upside of the participation in the coop is significant as the gains are not only in
   financial terms but also in terms of OPPORTUNITY GENERATION, venture capital availability, as well as in increased financial literacy through the educational programs of the Coop. When we get to own the bank, even credit availability at better terms will be available to members. This is another potential benefit.
   
   Napakalaki naman ng probetso sa pagsali sa koop, hindi lamang sa pinansyal na aspeto. Nagbibigay din ito ng maraming OPORTUNIDAD, ng mapagkukuhanan ng puhunan, at karagdagang kaalamang pinansyal sa pamamagitan ng mga programang pang-edukasyon ng koop. At kapag nakakuha na tayo ng sariling bangko, makakapag-alok na rin tayo sa mga miyembro ng pautang na higit na mababa ang interes. Kung saka-sakali ay isa pa itong karagdagang benepisyo.
   
   
7. In the end, the would-be member must make up his mind if he on his own, or through other means, he will have more financial gains compared to his potential benefits from KSK. THE KEY IS TO EVALUATE KSK MEMBERSHIP IN RELATION TO HIS FINANCIAL GOALS!
   
   Sa bandang huli, kayo din bilang miyembro ang magdedesisyon kung sa palagay niyo ay mas malaki ang kikitain niyo kung kayo’y magsosolo na lang o kung gagamitin niyo na lang ang pera niyo sa ibang paraan, kaysa sumali sa KsK. Ang dapat lang naman niyong gawin ay suriin kung mas madali ba niyong makakamit ang mga layunin niyong pinansyal kung sasali kayo sa KsK.

Can a member apply for additional shares after paying in full his subscribed shares?

Yes. A member can apply for additional shares provided that his total contribution does not exceed 20% of the authorized share capital. A member should fill out the Amendment Form to subscribe additional shares and submit it to KsK Head Office or to KsK Authorized Representative and contact persons.

What is the difference between a Regular Member and an Associate Member?

A Regular Member is one who is entitled to vote and should subscribe at least 10 shares while an Associate member has no voting rights. Associate member should subscribe at least one share.

If an Associate Member who reached ten (10) shares, will he be automatically considered as a Regular Member?

No. An Associate Member who has 10 paid up shares is not automatically converted as a Regular member unless he amends his membership from Associate to Regular. He should fill out an Amendment Form and submit it to KsK Head Office or to KsK Authorized Representative.