Tale 10
Table 10. Functions of COOP - PESOS Do you find the following functions of COOP-PESOS effective assessing your coop’s performance? | FUNCTIONS OF COOP-PESOS | 5(highly effective) | 4(adequately effective) | 3(somewhat effective) | 2(least effective) | 1(not at all) | MEAN SCORE | DESCRIPTIVE RATING | | R | RF | R | RF | R | RF | R | RF | R | RF | | | as a Supervisory and Regulatory tool | * ensures the safety of contributions of cooperative members who typically belong to the low income segment of the community | 17 | 32.7 | 20 | 40.8 | 11 | 22.4 | 1 | 2.0 | 0 | 0 | 4.08 | Adequately Effective | * guarantees the soundness of the credit cooperative’s operations | 19 | 38.8 | 19 | 38.8 | 10 | 20.4 | 1 | 2.0 | 0 | 0 | 4.14 | Adequately Effective | * infuses the necessary operational and financial discipline. | 19 | 38.8 | 19 | 38.8 | 10 | 20.4 | 1 | 2.0 | 0 | 0 | 4.14 | Adequately Effective | * evaluates and assesses cooperative performance and allow for comparison over time and with other cooperatives | 17 | 34.7 | 19 | 38.8 | 12 | 24.5 | 1 | 2.0 | 0 | 0 | 4.06 | Adequately Effective | as a Management Tool | * Provides management the necessary information on how its cooperative is performing vis-à-vis other cooperatives. | 14 | 28.6 | 22 | 44.9 | 12 | 24.5 | 1 | 2.0 | 0 | 0 | 4.0 | Adequately Effective | * Management shall use the standards in making sure that the cooperative is operating effectively and efficiently | 23 | 46.9 | 17 | 34.7 | 8 | 16.3 | 1 | 2.0 | 0 | 0 | 4.27 | Adequately Effective | * Allows management of the cooperative to determine troubled areas and make the necessary adjustments to its policies and/or the way the cooperative’s operations are handled | 21 | 42.9 | 17 | 34.7 | 10 | 20.4 | 0 | 0 | 1 | 2.0 | 4.16 | Adequately Effective | Organizational | * Evaluate the current and past operations and the result of operations of an organization, with the primary objective of determining the best