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The 2008 Microentrepreneur of the
Year
The 2008 Microentre preneur of the Year
Award (MOTY) Awards Program was launched last May 13,
2008 at the Bangko Sentral ng Pilipinas, Malate, Manila.
The event was attended by MCPI President Mr. Rolly
Victoria and MCPI Executive Director, Mr. Edgardo
Garcia, and members of the MOTY National Selection
Committee – Governor Amando M. Tetangco Jr, (chair), Mr.
Sanjiv Vohra (co-chair), Mr. Antonino L. Alindogan Jr.,
Mr. Fernando Zobel de Ayala, and Ms. Tessie Sy-Coson.
The 2008 Citi Microentrepreneur of the Year (MOTY)
Awards is the sixth run of the awards program in the
Philippines. The program’s pilot run was held in the
year 2002 in celebration of Citi’s centennial year in
the Philippines. The program primarily aims to elevate
awareness of and provide support for microfinance by
recognizing outstanding microentrepreneurs.
The past runs of the awards program raised substantial
public awareness about microfinance and the current
state of microenterprise development in the country.
Awardees presented themselves as role models worthy of
emulation by other microentrepreneurs and aspiring
microentrepreneurs.
The objectives of the MOTY Awards program are:
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To honor and give due recognition to outstanding
Filipino microentrepreneurs for their exemplary
performance and accomplishments.
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To provide incentives to microentrepreneurs to enhance
technology, improve production and accelerate
incomegenerating activities.
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To highlight awardees who can serve as models of
inspiration to other microentrepreneurs.
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To create greater public awareness and build support
for microfinance and microenterprise development as a
tool for employment generation and poverty reduction.
There are two award categories for MOTY – Masikap and
Maunlad. The Masikap Award is open to microentrepreneurs
who successfully started a business that is now a
reliable source of income for the family. On the other
hand, the Maunlad Award is open to microentrepreneurs
that have grown a business to a level that is now
generating employment for people apart from household or
family members.
The 2007 Citi MOTY national winners last year were:
Mrs. Milagros Dorado, a duck raiser and duck egg
producer from Asuncion, Davao del Norte for the Masikap category. While, Mr. Henry Bayaua, a
manufacturer of agricultural metal crafts in San Manuel,
Isabela for the Maunlad category.
Further details on the 2008 MOTY criteria of nominees,
timeline and nomination and selection process are
provided in this web link,
MOTY timeline . MCPI will be accepting
nominations for each category from MFI Networks until
July 11, 2008.
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