
Cooperatives Business Activity
Primary Cooperative – Any natural person shall be eligible for membership in a primary cooperative if the applicant meets the qualifications prescribed in the bylaws. An applicant for membership shall be deemed a member after approval of his membership by the board of directors and shall exercise the rights of members after having made such payments to the cooperative in respect to membership or acquired interest in the cooperative as may be prescribed in the bylaws. In case membership is refused or denied by the board of directors, an appeal may be made to the general assembly and the latter’s decision shall be final.
The membership of this Cooperative is open to all natural persons, Filipino citizens, of legal age, with capacity to contract and, within the common bond and field of membership of having Certified Aquilaria malaccensis (Bari) plantation and farming business.
- Agriculture Cooperative (Farming, Growing, Maintaining agroforestry nursery for perfumery and related crops, and geotagging services.
- Other services: Savings Deposit, Time Deposit, Dual Currency Deposit and Seedlings Loan.
- Supply farm inputs like Agarwood Inoculant, blooming and fruiting solutions, Laboratory Services to primary cooperative members
- Financial Services
- Oud Export Trade (Distillation, Sales, Marketing, Distribution, Supply Chain Management, Trade Development, New Product Development and the Research and Development (R+D) work for secondary coop members.
- National Bank – Investments