Sorosoro Ibaba Development Cooperative  

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HistorySorosoro Ibaba Development Cooperative (SIDC) is first established as Sorosoro Ibaba Farmers’ Association last March 19, 1969, thru Mr. Victoriano E. Barte who acted as the President and as the General Manager. It was registered with the Securities and Exchange Commission and was issued with a license. The association was funded initially by 59 members who voluntarily contributed two hundred pesos each for a total capital of P 11,800.00. It was used for the construction of a goods store that offered basic commodities needed by the residents. Since some have started poultry and hog raising, feeds and other veterinary products were made available. The association has also become a dealer of different products, which were offered at low prices. In 1972, the association became the Samahang Nayon ng Sorosoro Ibaba. Contract-growing activities were started. The success of the operation has strongly encouraged additional members to a total of 500, large enough for an organization t... [Detailed Introduction]