Tightly aligned to the Bank’s financial inclusion efforts, BPI Foundation deepens its impact which focus on education, entrepreneurship, and environmental sustainability, with the government’s national development priorities, by leveraging public and private partnerships in creating effective and measurable change.
This is demonstrated by the Foundation’s various programs. To equip Filipinos with the tools to achieve financial wellness, its education programs commence at the development stage with Manny and Me (for elementary students) and reinforced with BPI SHAPE (for senior high school students). These programs on financial education are integrated into the K-12 curriculum, in support of the Enhanced Basic Education Act (R.A. 10533).
Meanwhile, itsFREE FinEd-in-a-Box, a series of modular learning materials on the fundamentals of financial education, is available for targeted sectors, including OFs, Farmers, MS Enterprises, etc, in support of the National Strategy for Financial Inclusion. 99% of registered businesses in the Philippines are MSME, and employ over 60% of the country’s workforce, making this an important sector for economic growth.
The Foundation advocates and supports the identification and capacity development of social enterprises through its BPI Sinag Program. BPI Sinag U which promotes social entrepreneurship among university students, in support of the Youth Entrepreneurship Act (R.A. 10679) and BPI Sinag Accelerate which scales-up social enterprises, including those working for agricultural, IP, and Muslim communities, in support of the Go Negosyo Act or R.A. 19644.
Sustainable countryside development cannot prosper without environmentally responsible agriculture. The BPI Sustainable Agriculture Program aims to address financing barriers among farming communities byestablishing strategic partnerships and risk mitigants across value chain partners,government agencies and civic society to support the Agricultural Value Chain Financing Framework (BSPCircular No. 908, Series of 2016).
In the pipeline are other relevant programs that include the introduction of financial literacy, agripreneurship, and climate-smart practicesto support the Rural Farm Schools Act or R.A.10618.