Inspired by the successes of credit cooperatives in bridging financial needs, as well as augmenting incomes, Common Wealth Credit Cooperative (CWCC) was formed to provide the un-served and under-served workers, access to savings and credit facilities. Registered in September 18, 2013 with the Cooperative Development Authority, Calamba Extension Office as a primary credit cooperative.



It was formed by twenty four (24) workers and employees in Laguna assisted by a group of practicing professionals with substantial years of collective experience in, among others, human resources, change management, financial services, system development, credit & collection, debt recovery, revenue, sales & marketing, and project management. The cooperative commenced operations in 2014 with around a thousand members and one institutional partner.