“Sa Maliit na Puhunan, Tungo sa Malaking Kabuhayan!”

November 23rd, 2017

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Go Negosyo Radio hosts Sen. Bam Aquino & DJ Cheska San Diego-Bobadilla featured two entrepreneurs and CARD members who shared their success stories from Day 1 and how access to finance helped them grown their business. Go Negosyo Angelpreneur Armand Bengco joined the episode to shed light on money matters and how microfinancing works.

Princess Torres owns an agribusiness called Prince Rasec Garden and a proud member of CARD for 17 years. Princess started her business in 2000 with an initial loan of P2000.00 for a buy-and-sell business. in 2005, she decided to shift to the planting industry with the influence of her older sister. Eventually, her business grew exponentially. She currently employs 30 workers and managed to be one of the plant suppliers of Vista Land, Rockwell Land, and Bonifacio Global City.

Pilar Garcia is another successful entrepreneur thanks to CARD where she’s been a member of for more than two decades. She started her first loan at P3000.00 to set up a gift shop and was able to grow her loan cycle to P15000.00. In 2004, she moved to Australia for work but already began planting the seeds for a farming business. After a couple of years, Pilar came back to the Philippines to pay full attention to her farm.

After a few years, Pilar’s business evolved and became and Agri Tourism site and event venue where countless weddings, birthdays, and engagements have been held. She works with many other local businesses as suppliers and caterers for the events. Her farms regularly supplies vegetables to local organic markets and restaurants in Tagaytay.

Currently, Woodburn Garden & Farm is now a certified agri-tourism site by TESDA and ATI. The farm is also a partner of the Laguna State Polytechnique University and South Luzon State University wherein students take part in OJT programs for organic farm training.

The success stories of Princess and Pilar may not have reached the level it currently at today have it not been for CARD’s microfinance program which enabled the two to start small businesses that became the groundwork for bigger ventures. Fair access to capital is essential in any entrepreneurs growth. Mr. Armand Bengco elaborated further on the purpose and structure of microfinancing.

Armand Bengco is the Co-Founder and Executive Director for the Colayco Foundation for Education, Inc. as well as the Co-Founder and General Manager of Kapatiran sa Kasaganaan Service and Multi-Purpose (KSK-SMP) Cooperative. He hails from a family of established financial and investment practitioners and hosts a bevy of radio and TV programs geared at helping the public understand financial management.

View the full episode here: https://www.facebook.com/dzrhnews/videos/1574141469333979/