Forty-two must certainly be a lucky number for the existing employees’ cooperative of the provincial government of Camarines Sur. It was exactly this number of employees that Ms. Letty Aliorde convinced in March 2000 to shell out P1,000.00 each in order to pool P42,000 as seed fund and starting capitalization...

Learning valuable lessons from the experience of the former cooperative, the newly set up cooperative immediately sought recognition from the Cooperative Development Authority (CDA)...

Through continuous support of members by increasing share capital and transferring savings deposits from the bank to the Cooperative, credit service packages were introduced...

With the positive development, other forms of loans and services were eventually introduced and offered even to non-members such as bonus and trading loans...

From then on, Capitol Multi-Purpose Cooperative gradually but steadily rose to distinction in Camarines Sur Last November 15, 2003 during the Cooperative Month Celebration at Naga City, Capitol Multi-Purpose Cooperative was awarded and received the Outstanding Cooperative in Camarines Sur conferred by Cooperative Development Authority. This we credit to the selfless dedication to duty and sterling integrity of the officers and employees and the unfaltering loyalty of the members.