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| Membership |
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| Regular members are members who may be business organizations or individuals. Qualifications for Regular Corporate member: |
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1. Registered with the Securities and Exchange Commission
2. Operating for at least two (2) years.
3. Has a credit and/or collection unit within their organization.
4. Good business and credit reputation.
5. Sound financial condition.
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| Qualifications for Individual member: |
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1. Has competence and experience in the field of credit and collection management.
2. Good business and credit reputation
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| Membership Fee: |
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| Annual Fee of Php7,000.00 * |
| One-time entrance fee of Php2,000.00 |
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| *Annual membership fee entitles member to: |
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| 10 - account inquiries per month and in excess, a Php10.00 per account will be charge |
| 5 general membership meetings for 1 representative |
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| Currently, membership is organized on a per industry group such as: |
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| 1. Banking |
23% |
| 2. Financing/Lending Investors |
19% |
| 3. Services |
10% |
| 4. Trading |
20% |
| 5. Manufacturing |
17% |
| 6. Telecommunications |
2% |
| 7. Others: Insurance |
4% |
| 8. Real Estate |
5% |
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| Activities |
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| 1. General membership meetings that are held every other month allow members to be updated with the activities of CMAP and discuss issues, which are of business, national, and economic importance. A guest speaker is normally invited to speak about issues relevant to the members. |
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| 2. Committee meetings are held on a need be basis which allow the committees to plan and implement the programs which will meet the objectives and goals of CMAP. |
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| 3. Sports and fellowship are held at least twice a year to promote camaraderie and fellowship among the members. |
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| 4. National Credit Congress is the culminating activity of CMAP, which is normally held in April to celebrate CMAP’s anniversary and its participation to the celebration of the National Credit Consciousness Week. Speakers are invited to speak topics, which are of business, national and economic importance. Workshops are also conducted to identify the needs of the members in their credit and collection practice and formulate resolutions, which will guide the officers and directors of CMAP in their plans. |
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