SOROSORO IBABA DEVELOPMENT COOPERAT

Company Introduction:

SOROSORO IBABA DEVELOPMENT COOPERATIVE (SIDEC) is a prominent multi-purpose cooperative based in the Philippines. Established in 1969, it has grown into one of the largest and most diversified cooperatives in the country, serving a substantial membership primarily involved in agriculture. SIDEC's operations encompass a wide range of services and businesses aimed at fostering economic growth and community welfare among its members.

Its core activities include:

- Agri-Business: Engaged in livestock production (poultry, hogs), manufacturing of animal feeds, and the distribution of veterinary products and farm inputs.

- Retail and Wholesale: Operating supermarkets, hardware stores, and gasoline stations.

- Financial Services: Providing credit, savings, and other financial products.

- Various other community and social services.

Factory or Trader:

SIDEC is both a manufacturer (factory) and a trader. It operates manufacturing facilities, particularly for animal feeds, making it a producer of goods. Concurrently, it functions as a major trader and retailer through its network of stores and distribution channels, selling its own manufactured products, agricultural inputs, and a wide array of other goods. It is a highly integrated and diversified cooperative.

Sorosoro Ibaba Development Cooperative (SIDC) in the Philippines manufactures or sells the following products:

Agricultural Inputs

Feeds for swine, poultry, and aquaculture

Fertilizers

Seeds

Veterinary medicines and supplies

Consumer Goods and General Merchandise

Rice

Grocery items

Hardware supplies

Petroleum products such as gasoline and diesel

Agricultural Products

Various agricultural produce sourced from their member-farmers, including crops like corn, coffee, and a range of fruits and vegetables

Financial Products and Services

Savings accounts

Credit and loan services

Insurance products