Bacoor, Cavite – Two hundred eleven partners of SEED from Cavite, Manila and Rizal attended the Partners’ Recognition Day held on April 21, 2017 at Panapaan 1. The Recognition Day is a first of the series of graduations done to acknowledge the outstanding effort of partner-benecifiaries who have attended, completed and successfully passed SEED’s Financial Literacy Training Curriculum called as Angkinin ang Iyong Kinabukasan.
In May 2016, SEED Center Philippines partnered with Citi and Citi Foundation to enable the expansion of the Piso-Pisong Pondo (One Peso Fund): Providing Access to Financial and Socio-Economic Services among the True Bottom of the Pyramid Program. The project offers an integrated program which aims at providing both financial and socio-economic services to build the capacities of 4500 most deprived and isolated partner-beneficiaries, reduce their vulnerabilities and improve their living conditions. By partner-beneficiaries, we refer to marginalized individuals to include women who are head of the family; single parents; individuals with members of the family who are senior citizens or with disabilities; and persons-with-disabilities. They are categorically those who belong to the unemployed sector and who lives in the underground economy thriving by getting odd jobs (i.e. laundry in houses, peddling of food items in the streets, doing seasonal planting/farming, searching for recyclables in trash dumpsites, etc) which are often unsecured in terms of income.
The program offered a combination of financial and business development trainings and access to financial products and services designed to cater to their very limited capacity to save and borrow.
Citi Foundation aided SEED in the development of the Financial Literacy modules and training tools, including audio video presentations shown as teasers before the training proper.
During this event, partner-beneficiaries received their individual Certificates of Completion. Outstanding entrepreneurs who attended the recognition day were called on to share their experiences with the Training Program as well as how these helped in their improvement.
SEED looks forward to three more batches of graduation during the year.