Summary of Coop Member Benefits
Help Members. Share the Blessings. Make Money.
1. Lifetime GDB Credit Cooperative Member with Coop ID as a regular coop member. 2. Part owner of the cooperative by COOP SHARE Capital.Coop Share of 22 shares valued at P100 per share (P2,200). No need to pay for this. In other cooperatives, coop share comes from your own pocket which you will pay in installment or in cash. In our e-Coop, our unique plan will pay for your coop share as a gratitude of your efforts in doing you duties as a coop member and will be part of your earnings. You only pay for the one-time membership fee and do your duty as a coop member by referring or sharing our coop benefits to others and patronizing our products and services. 3. Yearly Share Dividend and Patronage Refund At the end of the year, you will receive dividends from the coop. All earnings from Power Peso, you can get as much as 75% payout as your Patronage Refund. 4. GB Wealth Fund @ $2 per member When a coop member dies, every coop member contributes as assistance to the family. This will automatically comes from the Member's Wealth Fund. The maximum amount given to the family of a deceased member is $20,000.00. 5. Power Peso Fund: Hospitalization/Medical Assistance from P500.00 to P2,500.00 This is availed once a year for regular coop members in good standing. 6. ZERO PERCENT INTEREST (0%) NO COMAKER CASH LOANS Personal loan from P5,000 to P50,000 Emergency Loans (2 days processing) Business Loans from P80,000 to P500,000 Car and Housing Loans. *** Loan amount depends on your member status if you are in good standing and your group. Loan payments may come from your earnings. 7. FREE Accidental Insurance where ever you (here or abroad): Accident benefit up to P100,000.00; Total and Permanent Disability up to P100,000.00; P24,000 Cash Allowance, P12,000 Monthly Grocery, P10,000 Burial Assistance, etc. 8. Savings Potential. In other cooperatives, this amount comes from your own pocket which you will deposit in the coop. In our e-Coop, a portion of your earnings will be saved for your future. 9. EARNING POTENTIAL a. DOLLAR ($) Earning This is your chance to earn in dollars even if you are in our country. You have the option to convert to peso. Earn $50 to $800 or even more and $5 to $10 per direct referral each time you referred someone to the coop. Also avail the following incentives: FREE Health Packages, Scholarships worth P8,000 and Tour Packages worth P13,000 b. Power PESO Earning You need at least 2 direct referrals to qualify for this to avail unlimited P500 direct referral with incentives of P15,000.00 to P45,000.00. 10. FREE e-Books, Software and Videos which you can resell and keep the profits 100%. |
GDBCC Products and Services
Online Member Panel
This is the first thing that you will receive once you pay your membership fee. Branded as an e-Coop, we will provide you with your member online site where you will access the benefits our cooperative will give you. Register online in our website, then log in to enter your member panel to access e-Wallet, transfer funds, view earnings, view coop members under you, update profile, etc. E-Books, Software & Videos These are available when you log in to your member site. You can download them, use or resell and keep the profits 100%. Accident Insurance Fill up form, scan it and together with your scanned 2 x 2 ID picture, send it to [email protected] to process your insurance and your coop ID. Loans 0% interest cash loans from P5,000.00 to P50,000.00; emergency loans; business loans from P80,000 to P500,000; Car and housing loans Coop Share Capital 22 Coop Shares valued at P100 per share so a total of P2,200 per coop member GDB Wealth Fund If a coop member dies, members will contribute ($2 each) to be given to the family of the deceased member. Maximum amount to be given is $20,000.00. Dividend This is availed yearly. Patronage Refund. Savings Potential A part of your earning will be go to your savings. Business/Earning Opportunity Once you register as a coop member, you will automatically become part of this opportunity. You earn every time you referred an individual to our cooperative. This is one way of helping our cooperative grow. Put up a Sector Center for more income. Future Projects GDB Appartelle, Housing, Livelihood, etc. Others Power Peso Fund: Hospitalization/Medical Assistance, Scholarships at P8,000 per cycle, Travel Packages at P13,000 per cycle, Health Packages are some additional incentives for our coop members. Is there a need to pay for my coop share capital before applying for a loan? No, you can apply for your first loan once you reached at least 6 coop members under you. Please see the advantages of GDBCC for additional info. |
Advantages of Global Dollar Builder Cooperative
Global Dollar Builder Cooperative
Loan Requirement: Once you join as coop member, just share or refer 2 people you know to join our coop & encourage them to refer 2 each, etc. No Comaker, No Credit Investigation Loan Interest: 0% Loan Interest Rate Loan Approval: 100% Approval if complied with the minimum requirement of at least 6 coop members under you for your first loan. The more coop members under you, the greater loan amount to apply. New Coop Members First Loan: You can apply for your first loan of P5,000.00 if you have 6 coop members under you (your 2 direct referral and their 2 each). New Coop Members loan amount: No need to pay for your coop share to apply for your first loan of P5,000.00 as long as you meet the minimum requirement of 6 coop members under you. Loan amount increases if the number of coop members under you increase. Duration of Loan Processing: Only 20 days processing for your first loan and the next loans will be 7 days Coop Share Capital: 22 Coop Share valued at P100 per share, total of P2,200 to be paid when you reach your second level cycle as generated by our system. No need to pay in cash. Business/Earning Opportunity: We help build our coop and our efforts is compensated through Dollar & Peso Earnings. Bounded by the principle of cooperative, we practice by helping one another through the spirit of cooperation. |
Banks, Lending & Other Cooperatives
Accomplish documents like proof of income (COE, ITR, Pay slip, deposits, etc.), billing address, need comaker, etc. They will conduct credit investigation (CI). Charge 0.5 to 5% Interest Rate 50/50 Chance of approval, may be declined or get a partial of loan amount applied even if complied with all requirements. If you have a bad credit standing, expect for the worse, you loan is most likely to be disapproved. Apply for your first loan only if you paid your share capital which is the basis of your loanable amount. If you pay in installment, you need to wait until you have substantial amount to apply for a loan. Loan amount is twice the paid share capital for new coop members. Ex: To loan for P5,000; paid share capital should be P2,500. Loan amount increases if you deposit more money. Old coop members can avail thrice the paid capital share and savings deposit if any. Most cooperatives usually takes 1 month or more to process for the first loan. It depends on your paid share capital and if you have complete requirements. Most cooperatives require you to pay your coop share capital in cash or in installment as part of capital build up which may range from P2000 or more. This amount usually comes from your own money. Limited to Dividend/Patronage Refund. No other source of earning like dollar earning. |