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Villar SIPAG cites 16 cooperatives for poverty reduction

The Philippine Star
Villar SIPAG cites 16 cooperatives for poverty reduction
Villar SIPAG Awardees with Sen.Cynthia Villar, Former Sec.Mark Villar, Deputy Speaker Camille Villar and Vista Land President and CEO Paolo Villar, during the blended awarding ceremonies on December 17 at Villar SIPAG Hall.
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MANILA, Philippines — Due to their exemplary performances and contributions to improve the quality of life of Filipinos, especially those from the countryside, former Senate President Manny Villar and Sen. Cynthia Villar led the awarding of 16 cooperatives nationwide during the virtual and face-to-face ceremony on December 17. 

The acknowledgment by the Villar SIPAG (Social Institute for Poverty Alleviation and Governance) of cooperatives coming from different parts of the country intends to serve as encouragement and inspiration for others to embark on social integration and job creation. 

This, in turn, helps alleviate the living conditions of Filipinos and eventually contributes to economic growth. 

Each of the 15 awardees received P250,000 in cash from Villar SIPAG. A special award was also given to a cooperative which got P150,000 cash. 

Sen. Cynthia Villar, director of Villar SIPAG said that through this recognition, she hopes to inspire and encourage cooperatives to continue with their work to uplift the lives of their communities. 

There were 247 entries this year and the number was shortlisted to 58, wherein 23 were declared semi-finalists. 

Fifteen 15) Organizations are named Outstanding Partners in this year’s Villar SIPAG Awards on Poverty Reduction and one is cited with special recognition for environmental protection.

Among the 15 outstanding coops thirteen (13) have savings and loans services and two (2) coops provide employment and job opportunities for their members. 

The lack of access to financing has long been a hindrance to the development of the country’s agriculture and MSME sectors which is made more pronounced during the time of the pandemic.  

These cooperatives made farmers, teachers, indigenous people, farmworkers and agrarian reform beneficiaries, become financially included by providing a wide range of financial services to them. 

These coops promote financial literacy by encouraging their members to save money; send or receive remittance, income and benefits; and make day-to-day payments, secure MSME loans and insurance, with them. The incidence of borrowing in the country has been mostly from informal sources.  

Coops that provides savings and loan services:

  • Rimalipad Naba Multi-purpose Cooperative, Conner, Apayao 
  • La Union Multi-purpose Cooperative, Agoo, La Union
  • Claveria Farmers Multi-purpose Cooperative, Claveria, Cagayan
  • Maddela Integrated Farmers Savings and Development Cooperative, Dumabato Norte, Maddela, Quirino
  • Ligas Kooperatiba ng Bayan sa Pag-unlad, Sta. Rita, Guiguinto, Bulacan
  • Progressive Entrepreneurs on Agribusiness and Related Livelihood Services (PEARLS), Kulapi, Lucban, Quezon
  • NIA 4 Employees Multi-purpose Cooperative, Lubuin, Pila, Laguna
  • Escalante Public and Private School Teachers, Employees Multi-purpose Cooperative, Escalante City, Negros Occidental
  • Sibuguey Valley Multi-purpose Cooperative, Buug, Zamboanga Sibugay
  • Zamboanga del Norte Teachers Employees Cooperatives, Dipolog City, Zamboanga del Norte
  • Oro Integrated Multi-purpose Cooperative, Cagayan De Oro City, Misamis Oriental
  • Santa Ana Multi-purpose Cooperative, Davo City 
  • Farmers Alternative for Self - Reliance Multi- purpose Cooperative, Prosperidad, Agusan del Sur 

For job opportunities and employment:

  • Caritas et Labora Human Resource Services Cooperative, Manila City
  • Unified Engineering Workers Multi-purpose Cooperative, Polomolok, South Cotabato 

Special Award is given to Bambuhay, a social enterprise from Mandaluyong City for generating income opportunities for rural families in Nueva Ecija through bamboo propagation and converting it to useful products (straw, toothbrush and tumbler). 

The Villar SIPAG or Social Institute for Poverty Alleviation and Governance aims to bring Filipinos out of poverty and hunger.

CYNTHIA VILLAR

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