Lab Cojy Background (for Research Proposal)

Lab CoJY Background Cooperatives have been flourishing in the Philippines as early as the meter of our national hero Dr. Jose Rizal. bearing back, conjuncts has been associated with the farmers who atomic number 18 the intended and original beneficiaries of the cooperative movement. But as time goes by, it is defined by the law as a vehicle for promoting self-importance reliance and harnessing people power towards the attainment of economic development and neighborly justice (Art. 2, R. A. 9520, Philippine Cooperative Code of the Philippines). Cooperatives is an institution that could be an pecker for socio-economic upliftment and sustainable development.With all the corporations owned by financially capable persons, cooperatives ease up people with limited resources to come together and pool out their resources and govern up a business that they can call their own- member-owned. Although the cooperative is intentional for legal adults, fifty-fifty the young ones nowadays a re caught by the rationale of cooperativism. Laboratory cooperatives are established as an affiliate of an adult cooperative to cater the needs of the minors and serve as a prepare ground for young entrepreneurs.Laboratory cooperative is a cooperative that is create by minors and must be affiliated with a registered cooperative. It is a venue for students to develop the habit of thrift and savings, leadership competencies and business management. harmonise to Sr. Leontina Castillo, OSA, founder of the cooperative program in ASOLC schools, in her templet Supervising Laboratory Cooperative Junior Youth, Lab CoJY is one of the unshakable avenues in schools where the students learn and live values while at the a alike(p)(p) time hone their leadership and business skill.Operating and managing the Lab COJY is a challenging and enriching task that require the living out of values like thrift, wise use of money, orderliness, prudence, sacrifice, love for coop and honesty. A deep cha mpion of responsibility, as fidelity to duties and responsibilities, is developed. (2) Investing on people while they are still young is worthy in the long-run. According in an hold by Gumban, NATCCOs Aflatoun (Youth) Program Coordinator investment requires the element of wait.Waiting could get through weeks, months, even year. Truly, investing in the young people takes a carve up of wait. Take for example the simple savings program. The money saved is real secondary, but the values of thrift and responsibility slowly honed through unalterable practice are something of great value. The fruits of this cannot be seen overnight, and maybe not even in the adult cooperators lifetime, but certainly would manifest as they go through their chosen careers(Services for Children and Teenagers, Why invest on Young Members? ).In the same article she made mention that exposing the young members to conferences, trainings and mentors, as well as the co-op environment would give them the chanc e to learn, to speak their minds, and deal out their dreams with their fellow youth cooperators in a wholesome and fun way. In some schools, DepEd puts up a co-curricular program that promotes entrepreneurship and cooperativism which aims to establish a coggle from the employment creation culture by nurturing the entrepreneurial and cooperative environment, skills and competencies of the students.