Ekolife OFW Marketing Cooperative

Rationale

About 80% OFW businesses fail due to insufficient capital, management issues, lack of product development and lack of market. They have funds for production but usually they do not have any more capital or skills for promoting and marketing their products.

The hard earned money of OFWs, products of their years of hard work -blood, sweat and tears goes down the drain whenever their businesses fail. Likewise, communities of OFWs remain poor and with limited economic opportunities due to high cost of capital. The poor rural communities are at the mercy of traders and lenders who be-come richer while farmers remain supplier of cheap raw materials and become poorer.

Opportunities for Social Enterprises

Working closely with rural communities, Atikha, a non-government organization working with OFWs and families has identified opportunities for social enterprises such as 1) Tourism Support Services; 2) Marketing of products and services required by the OFWs, their families and communities; and 3) Agri-business opportunities in the origin provinces. We have beautiful places but there are limited facilities for accommodation, activities, restaurants and also oftentimes no “pasalubong” centers. Partner provinces are requesting for investment in processing and marketing of these products and in tourism support services. Maximizing these opportunities, Pinoy WISE leaders signified their interest to be involved in processing, marketing and tourism support services. Pinoy WISE is an organization of OFWS and their families involved in saving, investing and entrepreneurship. This resulted in the establishment of the Ekolife OFW Marketing Cooperative.

Ekolife OFW Marketing Cooperative
Providing Hope: Changing Lives

Ekolife OFW Marketing Cooperative is the first marketing cooperative owned and operated by the OFWs and families for the OFWs and families. It was an initiative lead by Pinoy WISE leaders of the different provinces and destination countries in partnership with Atikha. The cooperative is engaged in establishing Ekolife Coffee shop and Pasalubong Centers in provinces with high tourist arrivals such as Ifugao and Iloilo. In addition, this will also be involved in establishing Ekolife Coop Mart in 4th-5th class municipalities where there are limited shops that cater to the needs of the OFWs and families.

Ekolife

Overseas Filipinos Worldwide (OFW) Marketing Cooperative
CIN 40201736928

High Risk- High Yield Investment with projected income of 6%-25% per annum
“Kumikita ka na… Nagka-katrabaho pa ang pamilya!”

Now open for members and investors!
Ekolife OFW Coop Membership Form ACP-1

SUPPORT
Overseas Filipino assisted
SOCIAL ENTERPRISES!

Now open for members and investors!
Ekolife OFW Coop Membership Form ACP-1

The Social Enterprises

1. House of Ekolife Surigao del Sur
coffee shop, bakeshop and one- stop tourist hub located at the first floor of Banaue Museum.

Ekolife Ifugao is strategically situated in the town center overlooking the Banaue rice terraces and local community. It is a coffee shop and pasalubong center that provides tourism support services and packages agro-tourism destinations for OFWs. It operates the shared service facility provided by DTI. The social enterprise is a partnership between Atikha, PinoyWISE- Ifugao Chapters and cooperatives in Ifugao. The Public Private People Partnership also taps the TESDA, DTI, DA and the PLGU.

2. House of Ekolife Iloilo
coffee shop, bakeshop and one-stop tourist center located in San Jose Street, Smallville Area

It has a roast on site, roast on demand facility. Aside from coffee shop, it also provides pasalubong and tourism support services. The coffee shop is mentored by Bote Central, owner of 18 days Coffee, a successful social enterprise engaged in the coffee value chain. The shop will serves innovative and healthy menu for walk in customers.

Ekolife Iloilo is also a supplier of traceable local coffee beans (Arabica, Robusta, Exelsa and Liberica). The shop has a cozy meeting room which you may conduct meetings ang celebrations. The social enterprise is a partnership between Bote Central, Atikha and PinoyWISE-Iloilo Chapter. This is a Public Private People Partnership Project with DOLE OWWA and NRCO technical assistance.

3. Iloilo Cacao Nursery

Based on market data, there is a 1 Million Ton Shortfall of Cacao beans in the World market by 2020. Panay Island is a new player in the Cacao industry and it will need about 3 Million seedlings for its massive Cacao tree planting program.

Seize this opportunity and be part of the growing cacao industry of Iloilo. The Nursery also supplies seedlings to private growers and provides technical assistance to interested start up cacao plantations.

How To be a Member?

1) Submit duly accomplished Application Form with 2×2 ID Picture
2) Pay membership fee of Php 2,000
3) Subscribe and pay a minimum of ten (10) shares at P500.00 per share (P5,000.00)
4) Deposit the membership fee and capital share to:
Bank of the Philippine Island (BPI)
Branch : BPI San Pablo Paulino
Acct Name: Ekolife OFW Marketing Coop
Account No.: 0801014216
5) Scan and send the copy of bank deposit slip to: ekolifecoop@gmail.com with subject title: Membership Form + surname]
6) Official receipt shall be issued upon confirmation with the bank.

Benefits of the Members

1) Investment will earn passive income
2) Family members in the Philippines are given priority to take on jobs created by the social enterprises
3) Coop Members who are engaged in production can be supplier of Ekolife. They can avail of technical assistance for product development to be able to improve the quality of their products.
4) Members can also apply as direct seller of the products of House of Ekolife

How To Invest

1) Once membership is confirmed, invest in any of the five social enterprises.

2) Deposit investment thru:
Bank of the Philippine Island (BPI)
Branch : BPI San Pablo Paulino
Acct Name : Ekolife OFW Marketing Coop
Account No : 0801014216
Minimum investment : Php 5,000
Maximum investment : Php 1 Million

3) Scan and send the copy of bank deposit slip to: ekolifecoop@gmail.com with subject title: Investment Deposit Slip + surname. Indicate in your email in which investment would you like your fund will go to

4) Issuance of Investment Certificate to investors once confirmed.