PROGRAM MANAGEMENT TRAINING ON TB-DOTS IN THE WORKPLACE

Through the joint effort of the Philippine Business for Social Progress and the USAID from the American People , TB-LINC has conducted a nationwide education on what the National TB Program (NTP) is all about and DOTS or Directly Observed Treatment Short Courses as an approach to prevent and manage Tuberculosis (TB).

Being one of the leading service providers of DOLE-Stanfilco in Maragusan, MAGROW-MPC has delegated participants to attend the first Program Management Training on TB-DOTS in the Workplace held on January 13-14, 2010 at the Grand Regal Hotel, Lanang, Davao City. Other participating companies were the MUSAHAFAT Banana Plantation of Pantukan, ASIAPRO of Maragusan and CRYSTAL Sugar Company of Maramag, Bukidnon. The said activity was also participated by the Health Officers of the concerned regions led by Dr.Eloisa Lyn Segura of Davao City.

According to survey, Tuberculosis (TB) remains a major health problem in the Philippines and continues to kill 75 Filipinos daily. Tb incidence is highest among productive age group (20-59 years old) which is the common age range among the workers. MAGROW has a total labor workers of about 1,075 and have undergone X-rays and sputum smear test. Among this count, 75 has been found to have been infected while 8 workers turned to have positive x-ray results. No Smear positive (+) workers however was found. If no measure to reduce the spread of TB will be done, it would only a matter of time before it impacts the business bottom line.

MAGROW enjoins to support the reduction of TB incidence in the local community by initiating efforts within the workplace and its immediate communities to prevent and control the spread of tuberculosis. Key strategy is DOTS to be supplemented by active TB education and prevention campaigns and other provisions of CUP in the TB Management.

The TB-DOTS is a partnership program of MAGROW and the local government unit.

Providential Savings: New Savings Product of MAGROW

BASIC PROFILE

1. RATIONALE
The Providential Savings is a savings deposit of the associate members who have fully paid their subscribed capital share and have voluntarily participated in the savings mobilization program of the cooperative.

2. OBJECTIVES
The Providential Savings is a savings deposit of an associate member, invested in various cooperative business units, by using it as a guarantee of the depositor for easy access of funds from the cooperative for the following purposes:
2.1 Savings Fund- It is a guarantee fund accessing funds for emergency/ immediate needs of money for sickness/ hospitalization, eduaction, death of family member and etc.
2.2 Savings for an Investment Need- as collateral for accessing funds for capitalization in engaging in business enterprises.
2.3 Savings for Retirement- A retirement fund of associate member.

3. BENEFITS/ ADVANTAGES AND OPPORTUNITIES OF SAVER
3.1 Providential Savings deposit shall be secured with savings insurance.
3.2 Guaranteed 8% interest per annum.
3.3 Providential Savings is the same nature with Preferred Capital Share that earned dividend.
(The 8% earned interest will be considered as cash advances from dividend income in case
the earning per share is more than 8%, the variance will be deposited to member's regular
savings account or variance will be deposited to member's regular savings account or can be
payment for any due accounts.)
3.4 Providential savings can be used as guarantee/ collateral for Salary loan or any other type of
loan or any other type of loan offered by the cooperative.

RULES AND REGULATIONS COVERING

THE PROVIDENTIAL SAVINGS

1. WHO MAY OPEN ACCOUNTS

The Associate Members of the cooperative who have fully paid their subscribed capital share.

2. DEPOSIT

The minimum amount for opening a Providential Savimgs Account shall be FIVE HUNDRED PESOS (P 500.00).

3. DOCUMENTATION

The cooperative shall issue a Providential Savings passbook to savers. The passbook shall be used to record all deposits made and interest earned.

The saver is responsible for safeguarding the passbook at all times. A saver should in no way made any writing or alterations in the passbook, as such, the cooperative will not take responsibility for any amount that are nor properly recorded and acknowledged thereon.

In case the passbook is lost, mislaid or stolen, the saver should promptly report the incident to the cooperative. Upon ascertaining and authenticity of the report the cooperative shall issue a new passbook. The cooperative shall record/ enter the outstanding balance to the saver's credit as shown in the cooperative's report.

The cooperative reserves the option to require the saver as maybe needed, to submit an affidavit on the loss aforementioned.

4. HOW TO MAKE DEPOSITS

4.1 Over the counter deposit
4.2 Payroll deduction
4.3 Loan retention

5. WITHDRAWALS

This Providential Savings can be withdrawn when membership from the cooperative is terminated or when member retire from employment.

6. INTEREST RATE

The Providential Savings shall earn 8 percent (8%) per annum compounded quarterly, to be credited on the last business day of March, June, September and December.

7. COMPUTATION OF INTEREST

Computation of interest will be based on the Average daily balance (ADB), however, if the balance falls below P500.00 at the end of the month, no interest will be given.

8. CLOSED ACCOUNT

Account closed before the end of the calendar quarter will not bear interest for the quarter and must pay a P20.00 as bank charges.

9. ERRONEOUS ENTRY

A claim by the saver against any erroneous entry in his/her passbook must be made by him/her before leaving the cooperative's office or in form of writing.

10. CHANGE OF ADDRESS

The cooperative should be properly notified regarding any changes of address of the depositor.