A River Runs Thru It

In one of its rare moments, old weather-beaten Cagayan River for once is showing this Sunday morning passably pristine waters as it lazily winds through from the ever-moist mountains to the warm welcoming arms of Macajalar Bay. This in spite of a hard but short burst of December rain yesterday afternoon.

For once gone is the now-expected dirty brown water with liberal dose of garbage and debris, which gloomy condition has currently characterized this once navigable waterway.

It is also heartening to see the parched riverbanks ceding to the rush of ample clear water on its journey to the sea. For now gone also is the picture of an angry river bursting with floodwaters gulping down any obstructing objects along its dreaded paths. For now one can conjure anew idyllic thoughts of a river where we in our youth used to spend hot summer afternoons immersed in its cool clear waters, in fun and frolic without a care of the world.

This river truly runs through the city, cutting it into east and west sections. A river richly fed by the waters originating from the generous bosoms of stately Kitanglad ranges in Bukidnon Province.

Like the rich and abundant island of Mindanao, it once held great promises of beauty and prosperity.

From all indications, both have veered far from the promises of their anointed futures, people choosing instead to heap undesirable developments on them pushing them both to the path of loss and disaster.

Can they recover and focus anew on edging toward their anointed futures?

A Way To Feed A Teeming Population

What about a bulk display of neatly stacked meat in a local mall meat market?

Early this weekend morning, we both hied away to a local mall for some grocery shopping. Being the proverbial extra body that just went along for the chore, actually the body that drove the car, I had ample opportunity to simply look around – much like a fly on the wall. And to snap the short attached video.

Before the onslaught of the typical weekend rush of humanity primed for weekend shopping, the wide-awake mall staff members in the meat market were chopping at the bits (pun intended) all ready to serve – with tons of freshly cut meat neatly stacked in their lines of open freezers filled to the brim.

With enough meat to whet the voracious appetite of an entire town! But definitely not the kind of displays one finds in a US grocery chain.

Perfect Line Fitness Gym in Cagayan de Oro

Get sweaty, lose pounds, and win back those curves!

Get down to the gym, at the corner of Velez and Tiano Bros. Sts., opposite Dynasty Court Hotel.

Get acquainted with Cindy Crawford and a trio of California girls. And of course, with your old vivacious selves.

Pen Lettering In The Old Times

Speedball introduced us to calligraphy, or pen lettering, in our youth. It taught us Gothic, Roman, Old English, Text, Manuscript, together with pens and India ink. And gave us interminable pride in our improved penmanship and classy letter writing.

Today, the company is still at it, marketing the same products that we had learned to love and treasure.

From the personal ancient archive comes this basic lettering book that came with the pens and a supply of India ink, published in the 40’s.


And with the advent of computer technology, pen lettering has been relegated to the dustbin of things discarded or not taught extensively.

Even in our little hometown, movie and business ads are now done mostly in computer-made tarp billboards. Almost gone are the days of hand-painted signs with images.

Holdouts can still be seen around the city practicing their dying art in small, cramped and dilapidated quarters.

Their lights are dimming and pretty soon they will be extinguished.

And my favorite, Old English, will really look older.

F I C C O

Having read through the latest FICCO Newsletter, it can only be inspiring going through the lead article with its articulation of its clear and unmistakable twin messages. That this union can continue to grow only through its membership; and that these continuing hard times require extraordinary measures and efforts from both the organization’s hierarchy and the general membership.

Though implied but not expressly mentioned, one could also take pride in where real strength and stability lie in the organization – in the collective membership where individually, one member on average accounts only for 23,347 pesos in deposit. Meaning therefore that ownership and stakeholding are well distributed among the many members of the union, rather than ensconced in a small elite group accounting for a great majority of the ownership.

Having been a longstanding member through all these many years, one is also heartened by the two graph insets, tracing the growth of membership and total assets. When I left the city in 1980, indeed total membership counted in the single thousand, and assets were mostly in loans and cash in bank. But look at the very big and diverse picture now!

Truly this credit union is where many dispossessed people, people unable to be properly serviced by mainstream financial institutions, can go to seek relief for their many and multifaceted credit needs, rather than to the informal underground institutions which cater and prey on a people weakened by stubborn ignorance and very emaciated economic conditions.

It is an organization that will also aside from providing credit, teach one how to secure and manage debt, and to build a good credit record and history.

But beyond that, it is also the organization where one can truly learn to manage one’s family and business finances – in the areas of saving for the future, saving for business expansion, etc.

In short, it teaches the entire panoply of good and sound personal finance, which is the only basis for hoping and building for a better future, especially in a land filled with asset- and cash-strapped families.

It is therefore quite a damper listening to some current and prospective members recount their initial dealings with FICCO employees where emphasis is placed too much on first building a good credit history to aim for that Class A label. Thus, the recommendation is for members to start borrowing early even before being able to build a good deposit history, so they can become proud Class A members quickly.

Imagine for a moment what kind of a credit union it would be if the driving motive for becoming a member is so one can borrow, typically an amount way beyond what one has put in deposit?

The union would quickly run out of funds to lend, since loanable funds come essentially from members’ deposits.

For a union to continue to prosper there has to be a very delicate balance between those who borrow because they need to, and those who will deposit so they can build for their future and/or in anticipation of some future needs that will be financed or collateralized by their accumulated deposits.

There has to be enough numbers of the second kind, so that the union can continue to have sufficient funds to lend to those truly in need of credit.

In balance therefore, it should be easy to see why both kinds of members are exemplary members, and not that one is rated better than the other. Consider their symbiotic relationship, one cannot live without the other.

In fine, this is the simple and pure logic why financial institutions exist and survive. They pool the community’s savings which in turn will be lent out to those with legitimate needs but lack enough savings to profitably finance them.

All can be member depositors all the time, but not all can be member lenders all the time.

Think about that.