Answer:
History of Cooperative in the Philippines
Filipinos who have traveled Europe in the later part of the 19th centurymust have been impressed with the success of a new economic movement, bringing about a gradual transformation in the economic and social life of the people. At the turn of the century, Filipinos, in increasing number, traveled and studied abroad and brought home with them new ideas. Two names worthy of note were Dr. Jose P. Rizal and Teodoro Sandiko.
Rizal, after his side trip to Sandakan, Borneo in 1892, requested Governor Despudol permission to move to that place and found a colonyunder the cooperative plan of Robert Owen. Instead, he was arrested for treason and banished to Dapitan, Zamboanga del Norte. In Dapitan, Rizal had his ideas in cooperation partially fulfilled. He put up a school for the poor community and a store with the help of his pupils on a purely cooperative basis. One noteworthy group organized by Rizal was the La Sociedad de los Abacaleros (Society of Abaca Producers). This functioned for only one year. Rizal returned the members’ share capital without any loss.
Teodoro Sandiko, in his travels to Europe, must have had a close contact with the cooperative movement in Germany where he came across with the Raiffeisen movement. He was very much impressed by this type of cooperative that he looked forward for an opportunity to introduce it in the Philippines. Finally, Sandiko had his chance when he was appointed one of the early governors when Civil Government, under the Americans, was established.
Explanation:
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