Dads OK MOU with Ayala, OIC for livelihood project

THE 19th City Council during its regular session Monday presided over by Vice Mayor Raineir Joaquin V. Uy enacted an ordinance authorizing Mayor Oscar Moreno to enter into and sign the Memorandum of Understanding (MOU) with the Ayala Foundation,

Inc. (AFI) and the Oro Integrated Cooperative (OIC) for the implementation of the KALIPI/ERPAT UCHG Livelihood Project in the city.

As part of the city’s eight-point agenda, this engagement aims to enhance its poverty alleviation component through engaging in various sustainable livelihood programs of the AFI, the social development arm of the Ayala Corporation.

The undertaking likewise envisions to provide economic opportunity to marginalized urban families in the city, which includes capacity-building programs aimed to enhance the socio-economic skills of poor families towards establishing and managing a community-based credit organization for entrepreneurial development.

It also enables deprived families to have access to capital thru credit for business development, entrepreneurial skills and also promotes the social responsibility of an individual, a family, a group or an association.

Under the MOU, AFI shall provide funding in the amount of P1 million to cover the seed capital, gardening kit and UCHG training cost of up to 152 beneficiaries covering phase 1 and phase 2 of the project.

It shall also assist in the linking beneficiaries to market within and outside the Ayala Network and facilitate in seeking venues for the Farmer’s Day event and the monthly Farmer’s Market from July 2019 to December 2022.

For its part, the city shall provide the eligibility standards and identify the project beneficiaries through the KALIPI section of the Social Protection Division under the City Social Welfare and Development (CSWD).

It shall likewise organize the KALIPI/ERPAT associations through the KALIPI section of the Social Protection Division of the CSWD office, appoint the concerned CSWD office employees as members of the Secretariat including its head and formulate policies and guidelines in relation to the project, among others.

Finally, the OIC shall ensure the proper collection, recording, processing and protection of the individual accounts and personal information of member-beneficiaries, provide quarterly bank statements of individual accounts or whenever the project requires,

conduct and implement the Financial Literacy Program for the member-beneficiaries and distribute the cluster’s consolidated sales to the individual accounts of the beneficiaries after receiving the official advice from each cluster, and duly approved by the KALIPI/ERPAT UCHG project coordinator.

The legislation was certified urgent by the city mayor and endorsed by the committee on laws and rules chaired by Councilor Ian Mark Q. Nacaya.