News & Events

2004 Microentrepreneur of the Year Awards: Profile of Winners

Citigroup Microentrepreneur of the Year – Masikap Award Category

Mr. Candido Delgado
Address:  Sitio Lanot, Brgy. Tigbauan Road, Cabatuan, Iloilo
MFI: Taytay sa Kauswagan, Inc. (TSKI)
Business: Candy making

Candido manufactures and sells home-cooked candies and bars such as langka bar, ube bar, and kamote bar.  He markets the candies through 50 outlets in 13 towns in the province of Iloilo.  With loans from Taytay Sa Kauswagan, Inc., Candido gradually expanded the business.  The enterprise contributes to enhancing the local economy by way of employment generation and sourcing of raw materials like langka, ube, and camote from local farmers.

Luzon Masikap Awardee

Mrs. Dyna Mendoza
Address:  Brgy. Isla, San Carlos City, Pangasinan
MFI:  TSPI Development Corporation
Business:  Mat/rug making

Sewing scrap cloth from garment manufacturers into rugs and doormats is the business of Dyna.  She introduced and succeeded in creating a new industry of doormat-making in her village named Isla located in San Carlos City, province of Pangasinan.  The presence of Dyna’s enterprise inspired the establishment of about 20 more similar doormat-making enterprises in her village.  Dyna claims that the loans she obtained from TSPI Development Corporation helped her grow the business to its present level.

Visayas Masikap Awardee

Mrs. Julie Villanueva
Address:  Brgy. 2, Sitio Quinsehan, Hinigaran, Negros Occidental
MFI:  Negros Women for Tomorrow Foundation, Inc.
Business:  Peddling of carpentry tools

Julie and her husband operate a blacksmith shop that utilizes scrap iron to manufacture farming tools like bolos, animal-drawn plows, axes, and manual cane planter/fertilizer applicator.  Julie also manufactures twined ropes that are used to hold fishing nets in place.  Her borrowings from Negros Women for Tomorrow Foundation allowed her to acquire additional assets for the business.  Julie has succeeded in lifting her family above the poverty line because of her enterprise.

Mindanao Masikap Awardee

Mrs. Rubie Caiña
Address:  Poblacion, Talisayan, Misamis Oriental
MFI:  Rural Bank of Talisayan (Misamis Oriental), Inc.
Business:  Bakery, sari-sari store

Rubie operates a bakery and sari-sari store in her hometown in Northern Mindanao.  She took out loans from the Rural Bank of Talisayan to start her business and continued to borrow from the same bank to finance expansion.  Rubie plans to enlarge her bakery operations in order to serve the market in the neighboring towns.  Operating a bakery dramatically raised the economic condition of Rubie’s family.

Citigroup Microentrepreneur of the Year – Maunlad Award Category

Mrs. Leticia Rosas
Address:  Brgy. Malinao, Torrijos, Marinduque
MFI: CARD Bank
Business: Handicrafts (loom weaving)

Aling Letty introduced the art of handloom weaving to her fellow villagers in the hilly town of Torrijos, island of Marinduque.  Apart from providing jobs to about 100 women, she created an entirely new industry of handloom weaving in her hometown.  Her loans from CARD Bank enabled her to increase the productive assets of her business.  Her growing business is making an impact in the lives of her fellow villagers and enabled Aling Letty to enjoy significant improvements in her financial condition.

Luzon Maunlad Awardee

Mr. Orlando Dulay
Address:  G & B Buko Pie, Tuao, Bagabag, Nueva Vizcaya
MFI:  First Isabela Cooperative Bank, Inc.
Business:  Buko pie making

Orlando bakes homemade buko pies and operates a snack house in his hometown of Bagabag, Nueva Ecija.  He obtained loans from the First Isabela Cooperative Bank (FICO Bank) to purchase equipment needed to increase production of pies.  The enterprise directly employs 27 people and further contributes to the enhancement of the local economy by sourcing “buko” from coconut farmers residing in nearby villages.

Visayas Maunlad Awardee

Mr. Sherlito Reyes
Address:  Maasin, Iloilo
MFI:  Taytay sa Kausawagan, Inc. (TSKI)
Business:  Meat vending, poultry trading

Sherlito runs a host of businesses: a meat stall in the public market, a store that sells poultry supplies, and sub-distributorship for a pharmaceutical company.  Loans from Taytay Sa Kauswagan, Inc. provided the working capital that allowed Sherlito to operate diversified businesses.  Sherlito organized the market vendors association in his hometown and at one time served as president of the school’s parent-teacher association.

Mindanao Maunlad Awardee

Mrs. Elma Garan
Address:  Feeder Road 3, Sto. Tomas, 8112 Davao del Norte
MFI:  Rural Bank of Sto. Tomas, Inc.
Business:  Re-packing of spices

Packing of condiments like garlic and black pepper into small sachets suited for use by poor and near-poor households is the main business of Elma.  The surplus gained from the enterprise allowed Elma to increase her family’s productive assets which now include two jeepney-style passenger vehicles.  Loans from the Rural Bank of Sto. Tomas in Davao del Norte helped Elma nurture the fast growth of her business.  Her neighbors are inspired by the dedication and hard work that Elma pours into her enterprise.