Standard Chartered Bank (SCB) Philippines recently launched its Lifting Participation of Women Youth through Micro Entrepreneurship and Digital Adoption program in partnership with microfinance institution Alalay sa Kaunlaran Microfinance Social Dev't Inc. (ASKI).
Standard Chartered Bank led by its Head of Corporate Affairs, Brand and Marketing Mai Sangalang together with bank employee volunteers, ASKI Executive Director Jane Manucdoc for the launch of SCB project providing young women microentrepreneurs with affordable loans and capability trainings.in partnership with microfinance institution Alalay sa Kaunlaran Microfinance Social Dev’t Inc. .
The program, which runs for three years, provides access to microfinancing to over a hundred women-youth in selected provinces in region 3 including Nueva Ecija, Bulacan, Aurora, Pampanga and Tarlac with loan amount ranging from P50,000 to P100,000 at zero interest with longer repayment terms.
ASKI Executive Director Jane Manucdoc said, “ASKI’s partnership with Standard Chartered Bank recognizes the vital role of youth in driving microentrepreneurship while embracing digital innovation. The project provides our beneficiaries with the necessary tools, skills, and opportunities they need to thrive in today’s rapidly evolving economy.”
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IFRS 18: Is the Philippines ready for this new standard for financial reporting?INTERNATIONAL Finance Reporting Standards (IFRS) 18: Presentation and Disclosure, the latest brainchild of the International Accounting Standards (IAS) Board, will take effect on Jan. 1, 2027. For decades, IAS 1 has guided the financial reporting practices of companies worldwide.
Read more »
Manila Standard, Author at Manila StandardDefining the News
Read more »
Manila Standard, Author at Manila StandardDefining the News
Read more »
Agoda and TPB Philippines join hands to bring the world to the Philippines’ shoresDefining the News
Read more »
UnionBank to infuse P1.6B in digital bankABOITIZ-LED Union Bank of the Philippines' board on Monday approved the infusion of up to P.1.6 billion in additional capital in digital bank subsidiary UnionDigital Bank Inc.
Read more »
SAFC and CARMA Philippines establish strategic collaboration to redefine media intelligence and amplify communication impactSAFC, one of the leading and fast-growing non-bank financial institutions in the Philippines, has announced a strategic collaboration with CARMA Philippines, a global leader in media insights and intelligence.
Read more »