Philippine Business for Social Progress

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The year 2012 saw the translation of PBSP’s  strategic direction of establishing and managing  Platforms for...

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Significant organizational change processes marked the year just passed as we geared up for bigger challenges. In 2011, we set...

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PBSP, Hapinoy, PDRF and major MFIs partner to revive the sari-sari store economy in Visayas

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Philippine Business for Social Progress (PBSP) together with Hapinoy, the Philippine Disaster Recovery Foundation (PDRF), and four major Micro-Finance Institutions join forces to help revive the sari-sari (mini-retail) economy in areas affected by Typhoon Yolanda.

The project dub as Project Bagong Araw will cater to hundreds of sari-sari stores, reaching an estimate of 100,000 people in an effort to manage price inflation of basic commodities in the affected areas.

Hapinoy, the principal implementer of the project, seeks to utilize its experience in working with micro-entrepreneurs in contributing to rebuilding areas affected by the typhoon by providing sari-sari store owners with grants for sari-sari store renovation coupled with capacity building support in mini-retail management. The MFIs, on the other hand will provide rapid access to loans to store owners for commodity inventory and to community-based organizations and social enterprises for livelihood projects. This project hopes to create a sustainable supply and demand ecosystem for economic growth in the areas affected by Typhoon Yolanda.

The Philippine Disaster Recovery Foundation funded the research to support the development of Project Bagong Araw and initial funding for implementation will be through the Philippine Business for Social Progress - Program Management Office for Livelihood and Enterprise Development. 

For more details about the project, you may contact: Mercedita A. Rosetes at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Metrobank and PBSP turn over classrooms to benefit more than 400 students in Tuy, Batangas

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metrobank bolbok

Metrobank and Philippine Business for Social Progress (PBSP) recently turned over new classrooms to benefit more than 400 students of Bolbok Elementary School in Tuy, Batangas through the Metrobank Build-A-Classroom Project. 

The Metrobank Build-A-Classroom Project is a legacy project undertaken by Metrobank and its employees in celebration of the company’s 50th anniversary that started last 2012.

“This is such a moving and touching experience for us, we (Metrobank employees) took on this project because apart from sharing our expertise in banking, we would also like to give back to the society,” said Maria Zarah Hernandez, Employee Relations Division Head of Metrobank. “This is also our support to the call of the Department of Education headed by Brother Armin Luistro to the business sector to help build classrooms to answer to the classroom backlog in the country,” she added.

The Build-A-Classroom Project aims to build 24 classrooms in the Philippines. To date, ten (10) classrooms were already built, turned over, and are now being utilized by elementary students in Zamboanga, Cotabato City and Batangas.  “I am glad that Tuy, Batangas is one of the beneficiaries of our project,” she said.

During the turn over ceremony, Bolbok Elementary School Principal, Apolinaria Hernandez candidly recalls the story when a project officer from PBSP coordinated with her regarding a possible donation of classrooms to the school. “She (project officer) went here for an ocular inspection and after which she told me, ‘Ma’am don’t get your hopes up yet, this is just part of the assessment process,’” she said.

A few days after the visit, Apolinaria received another call from the same person. “She (project officer) told me, ‘Ma’am, can the lot accommodate three classrooms?’ Then I thought, how can I not hope?” she quipped. 

She then immediately pursued the accomplishment of all the needed documents and requirements communicated by PBSP.

Metrobank officially turned over three classrooms to the school last March 21, 2014. Two sections of pupils from grade 5 and one section of Grade 6 will utilize the newly built classrooms.

Ma’am Apolinaria spoke on behalf of the community of Bolbok and said, “We assure you (Metrobank) that this building will be loved, valued, and cared for by the people of Bolbok, through the teachers and the students of this school.” Metrobank and PBSP will soon be turning over classrooms in Davao, Tarlac, Bicol, Samar, and Navotas City.


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