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BDO Supports MSMEs

The Micro, small scale, and medium enterprises (MSMEs) are the most challenging hit sector during the pandemic, even if they account for more than 90% of enterprises. They are the backbone of the economy, as MSMEs employ more than 5.3M of our fellow Filipinos.  Governor Benjamin Diokno of the (BSP) Bangko Sentral ng Pilipinas has stressed the urgency to help Micro Small Medium Enterprises to help sustain their businesses to continue to provide the best essential products and essential services to people each day.  THE OPPORTUNITY Small business owners can now sustain their business operations through the Kabuhayan Loan of BDO Network Bank (BDONB). The MSMEs operating for three years are now qualified to apply for a loan amounting between PHP 30,000 to PHP1 million. They can purchase the needed equipment, buy the required equipment or assets, increase their inventory of stocks, and expand their business in other locations.  A micro-enterprise owner Ernesto Abad, from Los BaƱos, Laguna

BDO Foundation supports Cebu nurses


As part of its continuing pandemic response, BDO Foundation joined forces with other corporate foundations, non-governmental organizations and government agencies to support a private sector initiative that aims to provide financial assistance for nurses.


The corporate social responsibility arm of BDO Unibank contributed to the Project Balik Buhay Salary and Bonus Assistance for our Bidas (PBB SalBaBida) Program in response to the recent rise in COVID-19 cases caused by the highly transmissible Delta variant.



Backed by the Department of Health and Office of the Presidential Assistant for the Visayas, the PBB SalBaBida Program gave financial incentives to nurses in Cebu in recognition of their noble work of caring for COVID-19 patients.


In an event in Mandaue City witnessed by BDO Visayas and Mindanao region head Cyrus Polloso, the first tranche of monthly allowances was turned over to beneficiaries.


The beneficiary-nurses are stationed in PBB partner-hospitals in Cebu, which include Adventist Hospital, ARC Hospital, Cebu Doctors University Hospital Group, Cebu Velez General Hospital, Chong Hua Hospitals, Maayo Well, Perpetual Succour Hospital, Southwestern University Medical Center, St. Vincent General Hospital and Visayas Community Medical Center.


Caption: BDO Foundation contributed to the PBB SalBaBida Program as part of a shared advocacy to support nurses caring for COVID-19 patients.



 

Comments

  1. Laking tulong po nitong ginawa ni BDO para sa mga frontliners ng mga taga Cebu. Thank you BDO for helping.

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