BPI-Ateneo Microfinance Partnership
Tuesday, August 29th, 2006The Bank of the Philippine Islands and the Ateneo de Manila University entered into a partnership yesterday for Building Capacities of Microfinance Institutions. On the side of the Ateneo, this partnership will be run by the Development Studies Program.
Under the terms of the partnership, BPI Foundation will provide DS a grant to run a general course on microfinance in 5 cities around the country. BPI will also provide a loan at concessional interest rates for microfinance institutions who will avail of customized training to be provided by the DS Program.
The MOA signing was held at the Vigan Room, Club 1851, BPI Main Office along Paseo de Roxas. Signing on behalf of BPI was SVP Eduardo Jose, Executive Director of BPI Foundation and the signatory on behlaf of Ateneo was VP for Finance and Treasurer Mr. Jose Santos. Present at the ceremony were Fr. Jose Cruz, S.J., Ph.D. Dean of the School of Social Sciences, Josias Dela Cruz, VP for Microfinance of BPI, Leland Dela Cruz, Director of the Development Studies Program and Vincent Rapisura, Microfinance Lecturer of the Development Studies Program. Mr. Aurelio Montinola, President of BPI also graced the occassion.
