BDO Foundation, Mitsubishi roll out capacity-building program for farmers

INQUIRER FILE PHOTO

BDO Foundation, the corporate social responsibility arm of BDO Unibank, has teamed up with Japan’s Mitsubishi Corp. for a skills upgrading program that will benefit over 100 farmers in Nueva Ecija.

The project focuses on providing capacity enhancement training to farmers organization, Kooperatibang Likas ng Nueva Ecija.

In partnership with National University, BDO Foundation started to facilitate financial education training for members of the cooperative. Professors and volunteer speakers from the university gave lessons on saving, budgeting, simple accounting, proposal writing, entrepreneurship and product costing to help improve the financial literacy and productivity of the farmers.

Through the training sessions, participants also explored alternative ways to generate income.
 
As part of the memorandum of understanding (MOU), BDO Foundation and Mitsubishi will turn over tractors to the farmers’ organization.

The project was managed by BDO Foundation and funded by a donation from Mitsubishi.

BDO Foundation president Mario Deriquito said: “We would like to express our appreciation to Mitsubishi Corporation for making BDO Foundation its partner of choice for the implementation of its corporate social responsibility program in the Philippines. Our collaboration is a significant step towards the achievement of our shared goal to make a difference for underserved sectors of society.”
 
“The idea of growing together with communities and contributing to build sustainable societies is deeply rooted in the corporate culture of Mitsubishi Corporation. I very much look forward to continuing to work with BDO Foundation on this shared journey to support capacity building efforts that can create positive, long-term impact within local communities,” Mitsubishi Corp. Manila general manager Keiichi Matsunaga said.
 
Tokyo-based Mitsubishi is a global integrated business enterprise with business operations in natural gas, industrial materials, petroleum and chemicals, mineral resources, industrial infrastructure, automotive and mobility, food industry, consumer industry, power solution and urban development. It has offices and subsidiaries in about 90 countries and regions.