In pursuit of its 22 cooperators to find and implement efficient ways to enhance the finances of the employees of the CARD MRI, the CARD Employees Multi-Purpose Cooperative (CARD EMPC), formerly known as “Staff Mutual Fund (SMF)”, was registered to Cooperative Development Authority (CDA) and Bureau of Internal Revenue (BIR) on May 11, 2004 and September 7, 2005, respectively. CARD EMPC currently offers loan and health products that are exclusively provided to its members only who are all CARD MRI personnel.
The Cooperative derives its funds from the following sources: share capital, revolving capital, capital reserve, loan capital, and other sources of funds authorized by law.