RAFI Partners with MFI-BCPD to Create More Women Micro-Entrepreneurs
RAFI Microfinance Inc. (RAFI MFI) has partnered with the Banilad Center for Professional Development (BCPD) for a big project. The project, which was launched through an MOA signing on November 4, 2021, aims to give young women from low-income families a chance to start their own businesses. Singing the MOA were Elizabeth Lopez, School Director of BCPD, and Jonar Dorado, Chief Operating Officer of RAFI MFI.
“RAFI MFI and BCPD will work together to help these young women go on a journey of education to becoming self-employed entrepreneurs,” said Mr. Jonar B. Dorado.
Dorado said that RAFI MFI and the BCPD would give these young women training and support that could help make their lives better.
“We are grateful for our partnership with RAFI Micro-finance Inc. because BCPD graduates are assured to break the cycle of poverty within the family,” said Elizabeth Lopez, BCPD School Director.
Lopez said that this will serve as a way for them to become business owners using the skills they learned from BCPD. RAFI MFI will also give them a chance to go on an OJT training to help them get hired.
RAFI MFI will give these women access to its Clustering Livelihood program so they can receive their starter kits.
Aside from that, they also get help in choosing a business that they want. They will also be able to access the Mauswagon loans to help them start their small business.
Finally, they will also get help in terms of market linkages like the one offered in RAFI MFI’s Clustering for Livelihood program for BCPD graduates.
BCPD, on the other hand, will train and guide the scholars. This way, they would have the skills to help them keep their business running.