Company Profile

    Company overview

    Industry

    Banking & Credit

    Company size

    101-1,000

    Primary location

    Cor. M.H. Del Pilar and Capt. Aballe, Carbon, Bogo City, Central Visayas, Philippines
    COOLWAY MULTIPURPOSE COOPERATIVE started its operation with four(4) dynamic officers with the expertise of micro - finance lending in the year 2008 February.With the thrust of helping people in the countryside, they established COOLINE MERCHANDISE as DTI (Department of Trade and Industry) registered which offers COMMODITY LOAN as response to economic odds and reduce poverty. Through the years the product showed a tremendous impact to its target clients which resulted a highest return of their investments with the key result areas of collection efficiency, loan portfolio, outreach, income and PAR (Portfolio at Risk).After 2 years with its higher return of investments, they ventured a new product, the INDIVIDUAL LOAN, which prompted them to change the company’s name from COOLINE MERCHANDISE to COOLINE LENDING CORPORATION and duly registered with SEC (Securities and Exchange Commission) in September 2010. The cooperative was duly registered with CDA (Cooperative Development Authority) last February 2012.COOLWAY MULTI – PURPOSE COOPERATIVE started with its original driver of business, the commodity loan, other products include the micro - finance lending which is then called HAWAK KAMAY as group lending, the INDIVIDUAL Loan, savings, time deposit and investment savings which comes with special and competitive interest rates. To complete the line - up of products, the company opened the Cool N’ Fresh Water Refilling Station and Cool Inn Pension House in the year 2016.Vision :COOLWAY MULTI – PURPOSE COOPERATIVE is a customer oriented, sustainable, viable cooperative organization responsive to the socio - economic needs of its members providing competitive loans, consumable needs and investment deposit scheme guided by the responsible and highly motivated, well trained human resources, truthfully adhering the entrepreneurial cooperative values with a just and fair return of investments to its cooperators and stakeholders.Mission :Provide innovative products and services through loans, consumable needs, investment and deposit services to our members.Encourage the entrepreneurial skills of our members by giving socio cultural programs and services.Promote our human resources as the most valuable asset of the cooperative with its strong commitment and hard work.Establish an organizational culture that promotes concern, trust and teamwork where competence and performance are greatly rewarded.Develop the economic growth and implement an efficient and healthy policies and procedures that gives stability, liquidity to the cooperative and give a just and fair return of investment.

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    Reviews overview

    4.03 ratings in total
    5
    2
    4
    0
    3
    0
    2
    1
    1
    0
    67%
    Rate salary as high or average
    67%
    Employees recommend this employer to friends

    What’s it like working at Coolway Multipurpose Cooperative?

    AI summary of recent reviews

    Employees at Coolway Multipurpose Cooperative appreciate the opportunities to learn and develop their skills, as well as the company's culture, which is described as awesome, with understandable rules and regulations. However, some potential challenges include difficulties in communication, particularly in reaching out to certain Accounting Heads, and understanding and solving problems related to job descriptions, although employees are able to overcome these challenges with careful effort.

    Recent reviews

    5.0
    Courier driver
    Oct 2022
    Toledo City Cebu3 to 4 years in the role, former employee
    My experience delevery parcels
    The good thingsI want to learn this job. To Help this company to progress
    The challengesI want to learn this job. To help this company to progress
    5.0
    Bookkeeper
    Sep 2020
    Tanjay City Negros Oriental1 to 2 years in the role, current employee
    Here you will be able to meet a lot of friendly employees.
    The good thingsThe company is awesome and you can learn a lot.
    The challengesSometimes it's hard to reach out to some of the Accounting Heads.
    2.0
    Account clerk
    Oct 2019
    Less than 1 year in the role, current employee
    I take time to make my reports correct
    The good thingsI encounter several people and they are understandable with it come with the rules and regulations of the company.
    The challengesThe challenges is to find ways how to understand and solve the problem in your job descriptions but thanks God I understand it carefully.
    Ratings for Coolway Multipurpose Cooperative are shared as-is from employees in line with our community guidelines
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