Articles of incorporation

ARTICLES OF INCORPORATION

1. 
   To provide financial security to the members and their beneficiaries upon the occurrence of covered contingencies;
   
2. 
   To promote and advance the various interests of the members and their beneficiaries which will enhance their social and economic well-being;
   
3. 
   To establish an association with the objective of providing relief to members in times of death, accident, distress, sickness, an in other difficulties as agreed upon by between the members and the PMBA;
   
4. 
   To establish an association that will encourage savings generation and provide loan protection services for the credit programs being undertaken by the association and/or its chapter organizations;
   
5. 
   To establish PMBA chapters in different parts of the country in coordination with the PAKISAMA Confederation, for the above purposes and services, and with the entire range of benefits available to them as members; and
   
6. 
   To establish PMBA affiliate chapters in different parts of the country, in collaboration with local self-help organizations and non-governmental organizations, for the above purposes and services, and with the entire range of benefits available to them as members.
   

In furtherance of the above purposes, the association will pursue the following:

1. 
   To carry-out economic services for the benefit of the members such as savings and credit programs, marketing support for agri-based and aqua-based products, and other enterprise development interventions that may be of assistance to the members;
   
2. 
   To invest funds, as it may be able to obtain from donations, grants, bequests, legacies or loans, in stock or securities from returns of which the association hopes to subsist and carry on its various activities;
   
3. 
   To purchase, or otherwise acquire, own, hold, pledge, mortgage, assign, sell, transfer, convey, or otherwise, deal in, or transact, in any manner permitted by law, real or personal property of every kind and description or any interest therein as may be necessary to carry out its purposes; and
   
4. 
   In general, to do such acts and things and to undertake such activities not otherwise prohibited by law which are calculated to help the members and their families, necessary for the accomplishment of the purpose for which the association has been formed and organized.
   

Third: That the place where the principal office of the association is to be established is at:

59 C. Salvador St.,

1108 Loyola Heights, Quezon City
That the places where the provincial offices of the association are to be established are at the following:
CASAFI Compound

Liboton St., 4415 Naga City

Uytengsu St., Osmena Blvd., Cebu City

744-D Molave St., Juna Subd., Matina, Davao City

Kalambaguhan Burgos St., Cagayan de Oro City

Sixth: That the number of the trustees of the association shall be seven (7) and that the names, nationalities, and residences of the first trustees of the association are as follows:

Seventh: That the capital of the association was contributed by the incorporators and directors who are also members of the association as follows:

(*) No list of additional members attached.

Signed:

WITNESSES: (signed)

Republic of the Philippines )

all known to me and to me known to be the same persons who executed the foregoing Articles of Incorporation and they acknowledged to me that the same is their free and voluntary act and deed.

Atty. Romeo C. Cruz

Notary Public

Until December 31, 2001

PTR 2001684

January 5, 2001

Doc. No. 5085;

Page No. 17 ;

Book No. XXO;

Series of 2001.

Quezon City ) s.s.

TREASURER’S AFFIDAVIT

I, Lyn Dela Cruz, of legal age, Filipino, married, and with address at B10, B5B, L7B, Libya ext., Marikina green Heights, Phase 6, Marikina City, upon oath hereby depose and state:

1. 
   That I am the duly elected Treasurer of the PAKISAMA Mutual Benefit Association, Inc.
   
2. 
   That as such Treasurer, the amount of SIX THOUSAND SIX HUNDRED FIFTY (P6,650.00) in cash, has been actually deposited and received by me representing donations/contributions as capital of the corporation.
   

IN WITNESS WHEREOF, I have hereunto affixed my signature this 21^ST day of August, at Quezon City, Philippines.

Signed:
Lyn Dela Cruz

(Treasurer’s Name)

Treasurer

SUBSCRIBED AND SWORN to before me this 23^rd day of August, 2001 affiant exhibited to me her Residence Certificate No. CCI2000 06088088 issued at Marikina City on January 26, 2001.

Atty. Romeo C. Cruz

Notary Public

Until December 31, 2001

PTR 2001684

January 5, 2001

Doc. No. 5087;

Page No. 18 ;

Book No. XXO;

Series of 2001.

In order that the corporation can attain and achieve the declared aims and purposes for which it has been organized, the corporation will put a fund out of the contributions of each member, a portion of which will be allotted for operational expenses and the rest to support a mutual system that will provide certain benefits for members who are qualified under such rules and regulations as the Board may promulgate, subject to the approval of the Insurance Commission.

(Name of President)

President

PAKISAMA Mutual Benefit Association, Inc.
List of Contributors and Amount of Contribution

Name	Amount
Actub, Jeanette	350.00
Almazan, Rainier V.	350.00
Aquino, Antonio Z.	350.00
Baloyo, Bernard	350.00
Baral Moises	350.00
Castillo, Oscar	350.00
Cerilla, Ireneo	350.00
Dela Cruz, Lyn	350.00
Dela Cruz, Rodolfo	350.00
Esmao, Luisita	350.00
Fabe, Vicente	350.00
Francisco, Noraida	350.00
Lopez, Yvette	350.00
Loza, Ananias	350.00
Magtibay, Lourdes	350.00
Naga Protacio	350.00
Ocampo, Rosalinda	350.00
Pecimo, Shella	350.00
Santos, Antonio
TOTAL	6,650.00

Lyn Dela Cruz

(Name of Treasurer)

Treasurer
SUBSCRIBED AND SWORN to before me this 23^rd day of August, 2001 affiant exhibited to me her Residence Certificate No. CCI2000 06088088 issued at Marikina City on January 26, 2001.

Atty. Romeo C. Cruz

Notary Public

Until December 31, 2001

PTR 2001684

January 5, 2001

Doc. No. 5087;

Page No. 18 ;

Book No. XXO;

Series of 2001.

(Name of Secretary)

Corporate Secretary

SUBSCRIBED AND SWORN to before me this 23^rd day of August, 2001 affiant exhibited to me her Residence Certificate No. CCI2001 02932992 issued at Quezon City on August 1, 2001.

Atty. Romeo C. Cruz

Notary Public

Until December 31, 2001

PTR 2001684

January 5, 2001

Doc. No. 5087;

Page No. 18 ;

Book No. XXO;

Series of 2001.

August 8, 2001

The Chairman

Securities and Exchange Commission

Mandaluyong City

Dear Sir:

Very truly yours,

(Name of Representative)

Incorporator

SECRETARY’S CERTIFICATE

That I, Shella Pecimo, the Secretary of the PAKISAMA Mutual Benefit Association, Inc., a corporation in the process of registration, hereby certify:

(Name of Secretary)

Secretary

Attested by:

(Name of President)

President

SUBSCRIBED AND SWORN to before me this 23^rd day of August, 2001 affiant exhibited to me her Residence Certificate No. CCI2001 02932992 issued at Quezon City on August 1, 2001.

Atty. Romeo C. Cruz

Notary Public

Until December 31, 2001

PTR 2001684

January 5, 2001

Doc. No. 5087;

Page No. 18 ;

Book No. XXO;

Series of 2001.