MIFAMCO logoMIFAMCOSince 1991
About

Our History

Grow with us since 1991.

MIFAMCO grew from the Timbaboy Poblacion B Irrigators Association, where the cooperative concept was introduced to uplift countryside communities through cooperation and shared enterprise.

  1. 1990

    The cooperative concept was introduced to the TIMPOBIA member-irrigators of Timbaboy, Poblacion B through the Department of Agrarian Reform’s Farmers Cooperative and Exchange Program, jointly undertaken with the Mindanao Alliance of Self-help Societies (MASS-SPECC).

  2. 1991

    MIFAMCO was formally organized by 15 founding farmer-members under the leadership of founding chairperson Norma G. Bendicion.

  3. July 22, 1992

    MIFAMCO acquired juridical personality after registering with the Cooperative Development Authority as a marketing cooperative. It began as a self-help group with ₱32,500 in capital invested by 65 founding farmer-members.

  4. 1998

    Eighty-eight farmer-members joined through bayanihan to construct an office in Poblacion B, Midsalip, for the cooperative’s Savings and Credit Services.

  5. March 25, 1999

    MIFAMCO Savings and Credit Services was formally launched with ₱88,000 contributed by 88 farmer-members. That year, diversified business activities transformed MIFAMCO into a multi-purpose cooperative.

  6. 2004

    MIFAMCO acquired its first farm, planted with fruit trees and corn.

  7. October 20, 2005

    The MIFAMCO Molave Branch opened.

  8. June 8, 2006

    The MIFAMCO Pagadian Branch opened.

  9. 2007

    MIFAMCO opened branches in Buug and Ipil, and held its first General Assembly.

  10. 2013

    The Cacao Demo Farm became MIFAMCO’s first property dedicated to cacao production and agricultural development.

  11. 2015

    MIFAMCO opened its first Hostel and Catering Services branch.

  12. 2021

    MIFAMCO showcased its cacao products at the first Kakao Festival, organized by DTI with the local government. It also joined ZAMPEX 2021 and the ZamSur Mini Trade Fair, building stronger market connections for its cacao products.

  13. 2022

    MIFAMCO joined the second Kakao Festival, the Mindanao-wide SM Cacao Mindanao Chocolate Fair, Business Week+ Expo, the Mindanao Tourism Roadshow, and a Trade and Business Mission in Singapore. It also opened a new Timbaboy office and expanded nationwide through online shopping platforms.

  14. 2025

    MIFAMCO was hailed as the Most Progressive Agrarian Reform Beneficiaries’ Organization in the Large Category at Gawad Agraryo 2025 in San Juan City, receiving a plaque and a ₱50,000 cash award.

  15. Today

    MIFAMCO continues serving members and communities through its programs and diversified services, supporting livelihoods, financial well-being, and opportunities for growth.