The Paglaum Multi-Purpose Cooperative was organized last February 21, 1992 by 35 visionary leaders. It initially acted as the livelihood arm of the Paglaum Community Development Foundation whose goal was to uplift the lives of the underprivileged communities in Plaridel, Misamis Occidental. Five months after organization, Paglaum MPC was then registered as a multi-purpose, community-based cooperative under the Cooperative Development Authority with CDA Reg. No. CGY-976.

From 35 founders, the Paglaum MPC has grown to 30,000 members. Moreover, the cooperative’s PHP 2,000 initial capital metamorphosed to PHP 100M. Despite the big leaps, Paglaum never ceased to develop in terms of services and network expansion. Guided and led by the foundation’s Executive Director, Mr. Gadwin E. Handumon, Paglaum MPC first ventured into palay (rice grain) trading. Through the collaborative efforts with the National Food Authority, the Farm Level Grains Center (FLGC) was created. Another milestone of the cooperative is its microfinance program for persons with disabilities (PWDs), giving PWDs the opportunity to become self-sufficient and productive in the community.

MPiso provides a card-based debit account that can be easily managed by mobile phones. This pre-paid payment platform has been designed to be TELCO NEUTRAL, which means it can work and support any cardholders’ mobile device regardless of the network used.

An MPiso card account is designed with the client’s needs in mind; hence, it is not limited to a single payment transaction only. Each MPiso card account is packaged with Value Added Services (VAS) to provide our cardholders with a “one-stop-shop payment experience” at affordable cost.