LANDBANK honors outstanding entrepreneurs, corporations, financial institutions

Tuesday, September 6, 2016

Couple Jocelyn and Jerry John Taray (center) receive their Entrepreneur of the Year Award from Finance Secretary and LANDBANK Chairman Carlos Dominguez (5th from right) and LANDBANK Officer-in-Charge/Executive Vice President Cecilia Borromeo (4th from left). They are joined by (from left) LANDBANK Directors Tomas De Leon Jr, and Crispino Aguelo, National Treasurer Roberto Tan, LANDBANK Director Victor Gerardo Bulatao, Senior Vice President Joselito Gutierrez, North Cotabato Lending Center Head Harold Celestial and Account Officer Joselito Guillermo.

The husband-and-wife tandem of Jerry John and Jocelyn Taray and their coco sugar production business in Carmen, North Cotabato was hailed Entrepreneur of the Year by LANDBANK, winning for them half a million pesos in cash prize.

From being overseas workers, the couple came home from Canada to try their hand at business. Jerry John and Jocelyn established Tree Life in 2011 and introduced their coco sugar – processed coco sap syrup – not only to the Philippines but to the international market as well. The couple has since represented the country in a number of international trade fairs with the Tree Life Coco Sugar.

The Taray couple were among the clients of LANDBANK who were recognized during the Bank’s 53rd anniversary. Finance Secretary and LANDBANK Chairman Carlos Dominguez led the conferment of the awards to outstanding SMEs, cooperatives, microfinance institutions, countryside financial institutions and large- and medium-corporations.

“As LANDBANK marks its 53rd year, we pay tribute to our partners who have been with us in fulfilling our mission in spurring growth especially in the countryside, and with whom we hope to continue growing bigger and stronger together in the coming years,” LANDBANK Officer-in-Charge Cecilia Borromeo said.

Now on its 13th year, the Gawad Entrepreneur is given to LANDBANK’s SME clients with significant accomplishments and helped promote economic and social development in their communities.

Rosalina Mapoy of God's Favorite Farm in Candaba, Pampanga and San Miguel, Bulacan was named Outstanding Agri-based Entrepreneur while Samuel and Gina Nesperos of S. Nesperos Agricultural Buy and Sell in Isulan, Sultan Kudarat  was conferred the Bagong Bayani Entrepreneur award. Mapoy and the Nesperos couple received P350,000 each.

Honoring microfinance institutions

Aside from entrepreneurs, LANDBANK also honored microfinance institutions (MFIs) in its first Gawad MFI which recognizes institutions that serve as vital partners of the Bank in the delivery of financial services in the rural and urban communities, particularly in their specialized or niche markets.

Winning the top award, which came with a P300,000 cash prize, was ASA Philippines Foundation Inc., a non-stock, non-profit organization providing affordable financial services to low-income women engaged in micro and small scale enterprises. ASA Philippines was also conferred the Best MFI Intermediary and Best MFI Availer awards. 

ASA Philippines Foundation, Inc. President Kamrul Tarafder (5th from left) and Director Victoria “Viel” Aquino-Dee (4th from right), receive their Gawad MFI trophies from Finance Secretary and LANDBANK Chairman Carlos Dominguez (5th from right) and LANDBANK Officer-in-Charge/Executive Vice President Cecilia Borromeo (4th from left). They are joined by (from left) LANDBANK Directors Tomas De Leon Jr, and Crispino Aguelo, National Treasurer Roberto Tan, LANDBANK Director Victor Gerardo Bulatao, Senior Vice President Edward John Reyes and Vice President Cielito Lunaria.

Pag-Inupdanay, Inc of Silay, Negros Occidental and ARDCI NGO Group, Inc. of Virac, Catanduanes came in 2nd and 3rd places, respectively, receiving P200,000 and P150,000.

Recognizing partners in growth

Also honored during the LANDBANK’s client recognition ceremony were countryside financial institutions (CFIs). Now on its 18th year, the Gawad CFI is conferred to countryside financial institutions for their notable performance in providing financial assistance to development players in the countryside and marginalized sectors, especially in far-flung areas.

Cantilan Bank, Inc. of Surigao del Sur bagged the top award and received a cash prize of P300,000, while Rural Bank of Goa from Camarines Sur was conferred the Golden Gawad CFI and received P500,000 cash prize.

LANDBANK likewise conferred the Gawad KAAGAPAY or Gawad sa Korporasyon na Kaagapay sa Ating Ganap na Tagumpay, which is now on its 4th year, to its partner medium-sized and large corporations that contribute to the Bank’s support to its priority sectors which include farmers, fishers and MSMEs.

Leading the roster of this year’s awardees are Ana’s Breeders Farm, Inc. of Davao City and Ayala Land, Inc. which were conferred the Gawad KAAGAPAY for large corporations, under the agri- and non agri-based categories, respectively. Both awardees received a cash prize of P500,000.

Meanwhile, Nueva Vizcaya Agricultural Terminal and Unihealth-Baypointe Hospital and Medical Center, emerged as big winners among the medium-sized corporations in the agri- and non agri-based categories, respectively, also winning P500,000 each.