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Koop Balikabayani

Who can become members of Koop Balikabayani?

An OFW resident of Region IV, 18 years to 70 years old can become a member of Koop Balikabayani. Returning OFWs and their relatives from other regions can apply as associate members.

Associate members are entitled to all rights, privileges and duties of members except the privilege to be nominated for any elective position.

Koop Balikabayani also accept children and teenagers, from 0 – 17 years old as associate members. They pay Php100.00 as shared capital and Php100.00 as membership fee.

How to become a member of Koop Balikabayani?

  • Fill up a Membership Application Form.
  • Register for the next pre-membership seminar.
  • Attend the Pre-Membership and Education Seminar to know the tasks and responsibilities of being a member of the cooperative.
  • Applications are to be submitted to the Membership Committee for approval.
  • Upon approval of the application, the new member shall deposit the required Shared Capital.

Members of the Koop Balikabayani can avail of the following loans:

  • Regular Loan – Available to a member after a month of membership and with a minimum savings deposit of Php1,000.00. A maximum of Php25,000.00 could be loaned and has to be paid in six (6) months.
  • Petty Cash Loan – Loanable amount is Php3,000.00 and is to be paid in one (1) month.
  • Educational Loan – For payment of tuition fees, maximum loan amount is Php5,000.00 and is to be paid in six (6) months.
  • Medical Loan – For the medical purposes of the member and his/her immediate family, the loanable amount is Php 5,000.00 and is to be paid in six (6) months.
  • Productive Loan (Livelihood) – Available to long time members with businesses. The loanable amount is three times the total amount of the share capital and savings but not more than Php25,000.00. The loan is payable within six (6) months.
  • Special Loan – Available to “Associate Members” with businesses. The loanable amount is equivalent to the total amount of shared capital and savings deposit. This is paid daily for a period of one (1) month
  • Appliance Loan – Available to members for purchase of appliances and is to be paid in six (6) months.

What are the privileges and responsibilities of the Koop Balikabayani member?

  • Has the privilege to vote and be voted as an officer of the cooperative.
  • Can avail of various types of loans and services offered by the cooperative.

What are the responsibilities of the Koop Balikabayani member?

  • Pay the Shared Capital of Php4,000.00 (can be paid within a year), the membership fee of Php200.00 and Php100.00 for the ID.
  • Regularly attend meetings and the General Assembly.
  • Recruit others to become members of the cooperative.
  • Has to have a regular savings of at least Php100.00 per month.
  • Should pay his/her loan on time.

All regular and associate members who have paid at least Php1,000.00 of their shared capital and has been a member for at least a month can apply for loan. For more information, please contact the Koop Balikabayani office at (049) 800-0082. Our email address is