2017 Board of Directors

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Luisita O. Valdueza
BOD-Chairperson
BOD-Chairperson Message
Branch Member: Mandaue Branch                                                                                                                                                                       Members Since : 07/04 /2002                                                               The cooperative has been the bridge between our members and the fulfilment of their goals. As an institution that provides exceptional financial and non- financial services, we keep ourselves abreast to needs of the members.  Nevertheless, we make sure that the socio - economic needs of the members and the community is responded on a timely and accurate manner. Confronted by various challenges abreast to the different challenge and various expectations from the members and the community. The increasing trend on our membership only proves that the cooperative is credible enough to transform one’s socio economic life. We provide financial literacy, strategies and open opportunities for one to reach his/her potential to grow and become the best asset of the cooperative and the entire community. I encourage everyone to take the step in alleviating their lives. The cooperative’s principle, culture and values are open to those who wanted to make a difference. Make the best decision and join the cooperative today!
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Restituto M. Torrefiel
BOD-Vice Chairperson
Name :Restituto M. Torrefiel                                                                                                                                                                                             Branch Member: Lapulapu Branch                                                                                                                                                                       Members Since : 07/07 /2012 
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Ruel G. Umbay
BOD-Member
Name :Ruel G. Umbay                                                                                                                                                                                               Branch Member: Mandaue Branch                                                                                                                                                                       Members Since : 11/27 /2010 
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Name :Filipinas S. Arriesgado                                                                                                                                                                                         Branch Member: Mandaue Branch                                                                                                                                                                       Members Since : 11 / 13 /1999 
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Josep A. Rubas
BOD-Member
Name :Josep A. Rubas                                                                                                                                                                                               Branch Member: Mandaue Branch                                                                                                                                                                       Members Since : 12/13 /2005 
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Edwin M. Sy
BOD-Member
Name :Edwin M. Sy                                                                                                                                                                                               Branch Member: Mandaue Branch                                                                                                                                                                       Members Since : 12/ 31 /2005 
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Marielie Ungab
BOD-Member
Name :Marielie Ungab                                                                                                                                                                                                      Branch Member: Talisay Branch                                                                                                                                                                       Members Since : 02/ 28 /2015 
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Mariolito R. del Castillo
Chief Executive Officer
Chief Executive Officer Message
MAVENCO has been a trademark in enriching the lives of its members. With the cooperative’s humble beginning in 1999, we have emerged successful in reaching out to not just the vendors in Mandaue public market but to every individuals who wanted to improve their socio - economic life and be empowered. The cooperative was geared towards change for the business to grow and become better. After about 7 years of operation with a total assets of only about P19M the coop decided to open its mind to challenges and realities in their existing operations by adopting financial intermediation standards and practices in operation and making 360 degrees turn from its usual traditional coop practices. Honesty Environmentalism Loyalty Professionalism and Spirituality( H.E.L.P.S ) - The core values which has been lived and will always be lived by the members, the employees and the officers proves that the cooperative has a strong & dependable guiding principle in building a long term and sustainable cooperative. The organization is also committed in realizing its vision and mission. The cooperative has practiced a more holistic approach to the needs and demands of the members, these were made possible through the unique products & services that we offered. Relevant training programs and performance management system were also developed to strengthen participation of members, the employees and officers which gave a dramatic increase in productivity. It is with great pride and honour to be part of MAVENCO. I am optimistic that the cooperative will go farther and soar higher in the coming years. We in the operations are confident that the organization is taking the direction towards bigger success. With the right amount of dedication and enthusiasm to serve our members, the cooperative will surely exist for a life time.