BPI Family Savings Bank assists SMEs

BPI Family Savings Bank has continued its "Show Me, Teach Me, SME!: Empowering Entrepreneurs" in collaboration with BPI Foundation Inc.

"Show Me, Teach Me, SME!" is a free learning program designed to empower small and medium enterprises (SMEs), focusing on assisting business owners (with assets from P3 to P5 million and a work force of less than 100) on matters concerning financial management to ensure access to credit. The program has been introduced in regional hubs in key cities all over the Philippines, assisting over 350 entrepreneurs.

A recent session was held in Cagayan de Oro with Liza VM Alcantar, chief of the Business Development Division of the Department of Trade and Industry (DTI), as quest speaker. Explaining basic financial management was BPI Corporate Banking head for specialized lending unit Ma. Nanette A. Biason.

Attendees were given freedom to ask questions or share their insights on the subjects tackled in the program, through the open forum/workshop, following the discussions. The workshop had exercises for the participants to further enhance their freshly learned financial concepts.

The session was capped with a discourse on credit concepts, which was expounded on by the for BPI Family Savings Bank Credit Services head Jerry A. Basilan. Entrepreneur Aileen Lazo shared her own experience with the program via a testimonial on her own successful venture, Darling Foods.