19 KMBI Scholars visit APPEND Rep in Congress

19 KMBI scholars visited the House of Representatives last May 20, 2015 as part of a symbolic meet and greet with APPEND Partylist Congressman, Pablo Nava and Commission and Higher Education (CHED) representative.

The short meeting intends to further encourage the scholars to pursue their education diligently and to acknowledge the beneficiaries of scholarship grants from APPEND.

Currently, the scholars are under the "Tulong Dunong" program wherein children of clients of APPEND member organizations like KMBI can avail for state university scholarships thru CHED, even while in their 2nd or third year of college. According to APPEND, education has always been a major thrust of the party list thus, it is their hope to have more scholarship recipients in the coming years.

2 KMBI Clients Graduate from Bayan Academy Training

Two KMBI clients from Digos and Mandaue branches graduated from their nine-day training in Entrepreneurship sponsored by Bayan Academy and Citi Foundation at Tagbilaran, Bohol last May 7, 2015.

This year, clients Beth Corgio and Fe Vargas attended trainings on basic marketing, finance, people management, and operations management that geared towards growth oriented micro-entrepreneurs.

"I just realized now how important it is to know about numbers. I knew I was making money, but I did not know whether I was growing the business or not", said Ms. Beth Corgio in Cebuano.

KMBI sponsors selected loyal clients, with loans amounting to Php20,000 (or more) and growth oriented businesses to join these business enriching activities as part of their add-on service.

Currently, the Citi-Microenterprise Development Center program is at its fourth year of implementation.

From left: Victor Perez, Program Specialist - KMBI, Ms. Beth Corgio (Digos),
Fe Vargas (Mandaue) and Ms. Maritess Ngabit - Mentor for Finance, Bayan Academy

KMBI Strengthens Values Formation Program thru Pamilyang Ok

In its effort to strengthen clients’ values formation program, the Kabalikat para sa Maunlad na Buhay, Inc. (KMBI) distributed at least 3,000 Pamilyang OK books to its ENTREP Centers nationwide.

“We want to deliberately educate our clients on the value of unity and strong family ties. Since Pamilyang OK has Students’ and Teachers’ Manual, our Loan Officer assists our clients on each module so that they can easily understand the different scenarios described on the book, and clients can openly share their personal experiences during discussion,” said Rizaldy R. Duque, Executive Director.

The book, which consists of 12 main topics on forgiveness, appreciation, togetherness, humor, everlasting life, responsibility, satisfaction, sacrifices and offerings, orderliness, understanding response and life at its fullness, is now actively discussed during KMBI center weekly meetings. Each topic contains discussion points and activities so that clients can easily grasp and remember the values being taught every week.

“We really appreciate the book since the topics are very timely. The stories are similar to what’s happening in our own home that’s why I also encourage my daughter to read it! We are also grateful because our Program Assistant is very good in explaining the weekly topic. Our weekly discussion now is more engaging. Just this morning one of my neighbors asked me if she could also get a copy of that book,” shares Cecilia Fenuliar, KMBI Valenzuela client.

KMBI invested at least Php400,000 for the acquisition and distribution of Pamilyang OK book. The book is part of the LIFE Series Book 3 and authored by Ptr. Joey Umali.

Implementation of LIFE Series is in partnership with APPEND, Inc.

Repost from: http://www.bwtp.org/kmbi-may-2015.html

KMBI is proud to announce its new set of Board of Trustees for year 2015-2016

The Board of Trustees of Kabalikat para sa Maunlad na Buhay, Inc. (KMBI) is pleased to announce the election of Mr. Eduardo C. Jimenez as its new President during its Annual General Membership (AGM) Meeting held at the corporation head office on February 28, 2015.

At the same time, the BOT announces the admission into the corporate membership and the election into the Board as a new Trustee of Mr. Eduardo Sergio G. Edeza, former National Treasurer of the Republic of the Philippines and the Treasurer of the Bangko Sentral ngPilipinas and the incumbent Senior Vice President for Treasury of San Miguel Corporation.

“Mr. Edeza’s joining us is a great support for the corporation,” said Mr. Jimenez. “His financial acumen and experience will be a much needed contribution to us as we look forward to expansion in the next five years.” Mr. Edeza, a banking and treasury expert with over 29 years of experience tucked under his belt, is back with the private sector after his stint with the government. Prior to his current post at San Miguel Corporation, he worked as Senior Executive Vice President (SVP) at Metrobank and as President of the Bank of Commerce.

Mr. Jimenez, a long-time consultant on microfinance to the Bangko Sentral ng Pilipinas and a well-known figure here and abroad on financial inclusion, replaces Mr. David D. Gutierrez, who stood at the helm of the Board as KMBI went through what is yet its most trying time in its 29 years of existence.

The new President thanked his predecessor for steering the corporation through difficult waters in the last two years, when it was wracked with a bitter intra-corporate dispute now being litigated in court.

KMBI is a non-stock, non-profit corporation established in 1986 to serve the poorest of the poor through microfinance loans.

“I am confident with Mr. Jimenez as President, KMBI is in better hands,” said Mr. Gutierrez.

Mr. Gutierrez retains the chairmanship of the BOT. He was also elected Vice President of the Corporation while Mr. Jimenez was elected Vice Chairman of the Board.

Mr. Jimenez returns to familiar grounds at KMBI. At various times, he has served the corporation before as a Trustee, Executive Director and President.

The AGM meeting was held pursuant to the Corporation Code and the KMBI By-Laws at the KMBI Head Office located at No.12 San Francisco Street, Karuhatan, Valenzuela City.

The assembly voted to elect the following members as Trusteesand Officers for the year 2015-2016, namely:

  1. David D. Gutierrez - Chairman and Vice President
  2. Eduardo C. Jimenez - President and Vice Chairman
  3. Atty. Romel R. Bagares - Corporate Secretary
  4. Edgardo F. Garcia - Corporate Treasurer
  5. Dr. Virginia P. Juan - Member
  6. Atty. Rainier Q. Chu - Member
  7. Bishop Jose D. Dalino - Member
  8. Eduardo Sergio G. Edeza - Member

These Trustees/Officers represent a balance of various disciplines – from banking, accounting and finance, development work, and economics to theology.