Kabalikat ng Bulakenyo Credit Cooperative (KBCC) was cooperated on June 24, 2010 with twenty-six of cooperators under CDA Registration Number: 9520-03018067. The original office address is located along Lucero Street, Brgy. Sta. Isabel, City of Malolos and later on transferred to Paseo Del Congreso where it is strategically located to serve its growing members.
KBCC started with P3.8M Assets in 2010 and from thereon it increases to P14.5M in 2016, and was able to provide loans to members from P5.70M in 2010 to P24.43M last year. KBCC was able to double and triple its Assets and loan provided to its members. The growth is slowly gaining and to further significantly grow, the current members of the Board of Directors (BOD) push for the re-classification of KBCC into a Multipurpose Cooperative (MPC) to offer new product and services. The Cooperative Development Authority approved the application to a MPC on March 01, 2017, now Kabalikat ng Bulakenyo Credit Cooperative is now referred to as Kabalikat ng Bulakenyo Multipurpose Cooperative.
Being Multipurpose Cooperative, Kabalikat is now looking for other business opportunity on how to capitalize its strong linkages with the Local Government Units, Academe and business communities. Please expect that there are new services that your Kabalikat will offer to its members.
At present, in order to adapt to the new market needs KBMPC is deploying a management system to manage the account and activities of each member. With it, KBMPC will able to profile its members so that the services will be attuned to their current needs. KBMPC will also looking at the creation of its website so that members will be aware on the plans and programs of their cooperative so that we can communicate openly to our members.
Slowly, we are beginning to cover more grounds to serve our members and with the help of the City of Malolos Cooperative Development Council we can reach new heights and new possibilities.