About QMPC

Quality Multi-Purpose Cooperative (QMPC) is duly registered with the Cooperative Development Authority (CDA), the Philippine government’s lead agency for the promotion and development of cooperatives in the country.

Quality Multi-Purpose Cooperative (QMPC), is an associational cooperative of former members of LSPI Employees Consumers Cooperative (LECC). It was originally registered with Cooperative Development Authority (CDA) on August 11, 2008.  It started its operations on December 1, 2008.  Our members include former employees of LSPI and their families.  We started with an asset base of Php 3.5M in 2008. As of end FY2022, our total paid-in capital is Php 25.9M.

Quality Multi-Purpose Cooperative (QMPC) caters to the business activities of Credit Cooperative and Consumers Cooperative. We ensure that we create balance between profit and meeting the socio-economic needs of our members. We encourage and promote Financial Discipline amongst our members.

While keeping in mind the very reason for its existence and for which it was organized, the coop balances its moral obligations to its members between sustaining profitable operations, meeting and granting their financial needs while instilling Financial Discipline and promoting Savings and Thriftiness. The QMPC challenge is not merely on improving its services to its members, not only in increasing the year end Interest on Capital Share (ICS or Dividends) and Patronage Refunds, but also in uplifting the socio-economic and living standards of majority of its members, especially the less privileged members with the help of each member of the cooperative.