Home | Money Matters | Card, Inc. wins 2018 Asean Biz Award for Sustainable Social Enterprise

Card, Inc. wins 2018 Asean Biz Award for Sustainable Social Enterprise

Center for Agriculture and Rural Development (CARD), Inc. (A Microfinance NGO) emerged as the ASEAN winner for Sustainable Social Enterprise category for ASEAN Business Award 2018 on November 12, 2018 held in Singapore.

The award aims to recognize the outstanding social enterprises in the ASEAN region that are innovative and have made significant sustained contributions especially to the disadvantaged communities.

Established in 1986, CARD, Inc. is a social development organization that aims to eradicate poverty in the Philippines and in the ASEAN Regions by providing microfinance and community-based development programs.

The award was received by Flordeliza L. Sarmiento, Managing Director of CARD Mutually Reinforcing Institutions (CARD MRI), a group of 21 development-oriented institutions including CARD, Inc.

“We are deeply grateful for this recognition. This award will serve as an inspiration for us to continue with all our efforts toward social development and poverty eradication,” said Sarmiento.

Based in San Pablo City, Laguna, CARD, Inc. now has more than 1,700 offices all over the Philippines reaching more than 2.1 million microfinance clients from the rural and island towns and municipalities. CARD, Inc. has also extended its microfinance operations in Myanmar, technical assistance in Cambodia, Vietnam, Laos, Indonesia, Thailand, and financial literacy program in Hong Kong.

“We want to share this award to our CARD MRI family – our beloved clients, hardworking staff, and generous partners. Without these people, CARD would not be able to realize the institution’s vision and mission,” shared Dr. Jaime Aristotle B. Alip, founder and chairman emeritus of CARD MRI.

On October 18, 2018, CARD, Inc. was named as the Philippines winner for the same category during the Send-Off Dinner of the 2018 ASEAN Business Award in Manila Hotel. (card)

 

Facebooktwitter

About mindanao goldstar daily

mindanao goldstar daily
TREND MAKER. Mindanao Gold Star Daily was established in 1989 to set ablaze a new meaning & flame to the local newspaper business. Throughout the years it continued its focus and interest in the rural areas & pioneered the growth of countryside journalism.

Check Also

New housing project to rise soon in Oro

ANOTHER subdivision project will soon rise in the city of Cagayan de Oro. Through an ...

DISCLAIMER: We welcome fiery exchanges but we do not tolerate ad hominem attacks, casting criminal and false aspersion on our reporters and opinion writers. We reserve the right to delete, reproduce or modify comments posted on our website without prior notice.


POSTING RULES: Do not use obscenity. Stick to the topic discussed. Do not veer away from the discussion and be respectful at all times. Do not use CAPITAL LETTERS as this means shouting in the thread.