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Cooperatives
and Micro-enterprise Projects are Successful in the Philippines
Most economic news these days is about mega-mergers of corporate giants and
about the globalization of the world economy. However, beyond the reach or
interest of the news media there is a growing sector
of cooperative-based, micro-enterprise initiatives working to bring about a
decentralized and sustainable economic system. One such initiative
is Baba's Foundation, Inc. located in Davao, City Philippines
BFI is organized into
three main desks : the Rural Development desk, the Urban
Development Desk, and the Desk for the Special Concern for Children’s
Welfare. The Rural Desk has established 5 farmers cooperatives in
Barangays Acacia, Indangan, Callawa, Malabog and Sumimao, with a
combined membership of 540 farmers and an estimated assets
of US $25,650.00. Seventy percent of these farmers are practising
sustainable agriculture under the technical guidance of BFI. Since the
farmers program began in 1994, the coops have developed well, providing
farmers with new technologies, collective marketing of their produce and
greater solidarity.
The Urban Development Desk has organized six (6) cooperatives for
248 poor women entrepreneurs. The coops have built up assets of
US $ 32,800.00 over a five year period. The Desk’s Enterprise
Development Project has provided training and low interest loans to 218
beneficiaries since 1989. This program received an award from the Asian
Development Bank in 1991 for its high loan return rate (98%).
The Desk for the Special concerns for Children’s Welfare run’s four
pre-schools for 150 disadvantaged children. It sponsors the elementary
education of a further 50 children each school year. It is also actively
advocating for the Rights of the Child as mandated by the UN’s
Convention on the Rights of the Child, through various activities for
children.
One organization which
has collaborated closely with BFI is the Ananda Marga Universal Relief
Team (AMURT). "The success of the coops has attracted the attention
of other agencies," said Peter Sage, the U.S. director of AMURT.
"They find our cooperative model interesting as it blends economic
development with institution building, values formation and the
deepening of social responsibility." Sage added that AMURT is now
engaged in a fund raising campaign to raise additional capital to
strengthen these cooperative projects. Readers interested in
contributing to this campaign can contact him at amurt.us@amurt.net
This article
is a "web special" posted on April 27, 2000. |