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PAG-AALAY NG PUSO FOUNDATION

Vocational Training








Economic Sustenance Program

Another program was created out of need: economic sustainance. Many of the poor do not have vocational skills so they remain as laundry women, vendors, and other jobs which earn less. Vocational skills trainings were given to them free. For example, operating high speed sewing machine so that they can be hired in the garment factories, welding, tailoring and dressmaking, bagmaking, bamboo crafts, embroidery, and other handycrafts.

Vendors are also given opportunities to loan at low interest rate to sustain their business (private lenders would charge 120 - 250% interest/year), and are given trainings on basic small business management. A type of socialized collateral system far removed from the real-estate-collateral-mentality of banks was invented to teach the borrower responsibility anbd accountability for her loan - since they have nothing of acceptable value (acceptable to PPF as lender) we accept something of value to the borrower instead and the loss of which is of inestimable value, such as the cooking stove, the single electric fan, etc.


We care.......... through building humane communities




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This page is a cooperative effort
of the Tertian Community
of the Assistancy of East Asia and Oceania
and the PPF Foundation
and is hosted by Le Moyne College,
the Jesuit College of Central New York.

E-Mail: bucko@maple.lemoyne.edu

Page Last Updated: January 25,1999