Two KMBI program members qualify as semifinalists for 2010 Microentrepreneur of the Year (MOTY) Awards for Maunlad category. Both program members came from Davao branch, namely, Letecia Tabotabo and Lydia Malot.
Last September, the MOTY committee conducted a site visit and video interview for the program members. “Tabotabo and Malot became semifinalists because they were able to meet the requirement of having an asset of Php 300,000 to 1 million. Further, their zealousness was commended by the committee. Both of them worked hard to expand their businesses and they were able to provide jobs to their community,” said Ma. Belen Sison, entrepreneurship development department manager.
Malot, nata de coco producer, aside from supplying products to the local market, is currently exporting her products to Japan through Dole Philippines. On the other hand, Tabotabo has a manpower agency that caters to 400 employees. Her agency ensures the safety of their staff through regular monitoring. Further, benefits such as medical assistance and accident insurance were also provided.
Since its pilot run in 2002, MOTY program primarily aimed to elevate awareness and provide support for microfinance by recognizing outstanding microentrepreneurs. The awarding ceremony will be on November 17, 2010 at the Metropolitan Museum of Manila.