About the Founder
- Fear of God.
- Honest, modest, credible.
- Will to win and mentor people in need.
- Humble and open-minded person.
- Believe that the purpose of success is to create opportunity to others.
- 10x rule mindset.
- Experienced in network marketing since 2002.
“PALAGUIN ANG SARILI,
PALAGUIN ANG KAALAMAN,
PALAGUIN ANG NEGOSYO.”
A group of Overseas Workers in Hongkong, witnessing the financial crisis they themselves experienced and other family’s experiences in their own respective hometown dreamed and think of ways on how to help their own families and also others who are deeply rooted into the same dilemma. Realizing that their financial support being sent to their loved-ones back in the Philippines on a regular monthly or weekly basis, and no matter how hard they work abroad, always fell short, mostly due to the growing high cost of living back home. Due to this, they come up with a brilliant idea on how to save some for themselves and for their families once they return, while at the same time helping those in dire need of some financial assistance, most especially those who are very much willing to start at least a small business to help alleviate their own poverty. After finalizing their ideas and after several surveys and studies, they decided to put up and start a small micro-financing business through loan credit cooperative that requires membership in order to secure the bond between the borrowers and lenders. A Cooperative that desires helping hand who are willing to help side by side with the Cooperatives mission of crushing the morale-killing poverty of this generation.
MISSION:
To level up the life style of every member of the Cooperative, create and develop entrepreneurs through hand in hand assistance in helping members achieve their goals, create Time and Financial Freedom, and above all to be an assistance in achieving peace of mind in securing the future of the member’s family.
VISSION:
To teach members work as a Team and secure that no one shall be left behind. To contribute to society, share social responsibility, genuine love and integrity and to develop determination, perseverance, and personal discipline, because we believe that good governance starts within ourselves.
RATIONALE:
It is a known fact that many small entrepreneurs and/or world entrepreneurs who have conquered poverty and made it to the top started up in a small and low-budgeted businesses. Most of them borrowed their capital from money lenders who are prescribing a much higher interests – this system sometimes results to business failure or worst, bankruptcy. Most of them could not borrow from banks since they do not have any collateral exchanges for it. What they need is a positive attitude and character and of course a low interests loans that will partner with them towards poverty alleviation and economic growth. With the help of this group of OFW’s willing to help and take the risk in order to fulfill this dream, MON-LIGHT OFW CREDIT COOPERATIVE is now realized and existing. With main office address at Zone 3, Barangay Tambang, Tinambac, Camarines Sur and under the guidance of one of its think tank, organizer and pioneering founder MR. JIMMY ALLAN B. MONSERATE, MON-LIGHT OFW CREDIT COOPERATIVE is a community of friends, your business partner, a circle of trust; no one will be left behind.
Ask Questions
Have any more questions? We’d be happy to help. Let’s talk!
ANO NGA BA ANG MON-LIGHT?
Ang MON-LIGHT OFW CREDIT ay isang kooperatiba na ang ibig sabihin ay pag aari ng mga investors/shareholders/general assembly.
Ang MON-LIGHT OFW CREDIT ay lisensyado ng BIR at ng COOPERATIVE DEVELOPMENT AUTHORITY or CDA – kahalintulad nito ang SEC at DTI.
Upang masigurado na legal at naaayon sa batas ang isang Kooperatiba, kailangan nilang kumuha ng permiso sa CDA upang mai-parehistro ang kanilang grupo, subalit ang mga kooperatiba ay hindi na nasasakop ng SEC at DTI.
Ang nature of business ng MON-LIGHT OFW CREDIT na rehistrado sa CDA at BIR ay LENDING at INVESTING ACTIVITIES na ang ibig sabihin ay pagpapautang sa mga small and medium entrepreneurs. At tulad ng regular na mga lending companies, ang pagpapautang ng MON-LIGHT OFW CREDIT ay mayroon ding monthly interest…na nasa mababang porsyento lamang.
Sa MON-LIGHT, ang mga INVESTORS AT BORROWERS ay parehong kikita…
AT HIGIT SA LAHAT, SA MON-LIGHT OFW CREDIT, MAARI MONG PAGKAKITAAN ANG SARILI MO MISMONG UTANG.
SA MON-LIGHT OFW CREDIT, ANG 1 TIME PAYMENT-INVESTMENT MO AY LIFETIME O HABAMBUHAY MO NANG BENIPISYO (BENEFITS).
MR. MON-LIGHT
(Founder)