How to Apply

 

REGULAR MEMBERS ( Minimum Requirements):

1. Request/ Download  Application Form

2. Pay P1,000.00 Membership Fee and P100.00 for the Training DVD and Questionnaire.

3. Watch the DVD; answer the Questionnaire

4. Upon Submission of Questionnaire, Submit P5,000.00 for Initial Share Capital.

5. Complete Initial Share Capital Subscription of P15,000 WITHIN one year

6. P200.00 minimum monthly contribution after completion of the 1st year Share Capital Subscription (the total of P20,000).

 

 

 

 

 

 

 

 

 

ASSOCIATE MEMBERS (MInimum Requirements)

1. Request/ Download  Application Form

2. Pay P100.00 Membership Fee and P100.00 for the Training DVD and Questionnaire.

3. Watch the DVD; answer the Questionnaire

4. Upon Submission of Questionnaire, Submit P500.00 for Initial Share Capital.

5. Complete Initial Share Capital Subscription of P1,500 WITHIN one year

6. P200.00 minimum monthly contribution after completion of the 1st year Share Capital Subscription (the total of P2,000.00).

 

Forms are given free. Succeeding Requests are charged P2.00 per page

 

Application Forms for both Regular and Associate Members are the same.

 

QUOTED FROM OUR PRESENT CAIR BY-LAWS

Section 6.  Minimum Share Capital Requirement. 

 

Regular Membership.  An applicant for regular membership shall subscribe at least two hundred (200) common shares and pay the value of at least fifty (50) shares upon approval of his/her membership.  The balance of a member’s subscription shall be payable within twelve (12) months from admission to membership.

 

Associate Membership.  An applicant for associate membership shall subscribe at least twenty (20) preferred shares and pay the value of at least five (5) shares upon approval of his/her membership.  The balance of a member’s subscription shall be payable within twelve (12) months from admission to membership.

 

          However, no member shall own or hold more than ten percent (10%) of the total subscribed share capital of the Cooperative.

 

 

Contents of CAIR- Auto Debit  Agreement 

TO COMPLETE MY MINIMUM SHARE CAPITAL CONTRIBUTION, I , ______________________________________,

 WITH PAL ID NUMBER_____________________, AM AUTHORIZINGTHE COOPERATIVE OF AVIATION INDUSTRYRESOURCE, TO AUTO DEBIT FROM MY ALLIED BANK PAYROLL ACCOUNT THE TOTAL AMOUNT OF 

_______________________________________________________PESOS            ______________________ 
(IN WORDS)                                                                                                  IN FIGURES)             

SPLIT EQUALLY FROM MY BI- MONTHLY RECEIVED SALARY.   

  After completion of my P20,000.00/ P2,000.00 total minimum share capital contribution, I am authorizing the same auto debit arrangement  for a  MONTHLY CONTRIBUTION OF _____________________________ PESOS(In Words) ____________( In figures)

 
Signature            __________________________________

Printed name    __________________________________

Date                      ________________