Issues and Challenges among Cooperatives in Zamboanga del Norte in pursuit for Survival and Sustainability during the CoViD-19 Pandemic

Challenges Cooperatives, Socio economic development, Sustainable Development Goals. sustainability

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Vol. 10 No. 12 (2022)
Economics and Management
December 2, 2022

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Cooperatives and other businesses around the world are being affected by the CoViD-19 pandemic and responding in a variety of ways. Different types of cooperatives exist and different sorts of help are available. The objectives of the study were to investigate the issues and challenges encountered by the cooperatives in Zamboanga del Norte and how they deal with them in order to survive. A qualitative research method was used and the researcher developed the interview guide questions. Results revealed that cooperatives encountered several challenges during the pandemic. The cooperatives mitigated those challenges through assistance to members and community, flexible working arrangement, improved health and sanitation, internal operation management, kumustahan, penalties and interest condone, and product and services innovation and adaptation.

More importantly, these discoveries provide valuable insights to BODs and management on maintaining and/or improving good member-patron relations. Moreover, keeping members informed about the updated policies and products offered, operating procedures, and development programs is also important for ensuring the cooperative's survival and sustainability.