Category: Nanoenterprise
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Socialized Housing Production Hits Record Low,SHDA Highlights Compliance Challenges at Housing Summit
During the enlightening 2nd Socialized Housing Summit, Santiago F. Ducay from the Subdivision and Housing Developers Association (SHDA) presented a concerning update on the state of socialized housing in the Philippines. The year 2023 saw the production of socialized housing units plummet to a historic low since 2001, with only 10,113 units completed. This stark…
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Empowering the Marginalized: SEDPI’s Innovative Path in Nanoenterprise Development
Empowering the Marginalized: SEDPI’s Innovative Path in Nanoenterprise DevelopmentVince RapisuraJanuary 11, 2024 Established in 2004, the SEDPI Group of Social Enterprises focuses on empowering marginalized Filipino communities via sustainable nanoenterprise growth. Their multifaceted approach includes nanofinancing, social investments, and financial education, addressing poverty and promoting financial stability. Despite advances in microfinance, poverty and high indebtedness…
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The Rice Price Cap in the Philippines: Pros, Cons, and Long-Term Implications
In the wake of soaring rice prices, the Philippines has found itself in the midst of a contentious debate over the imposition of a rice price ceiling. As the staple food of the nation, rice plays an integral role in the daily lives of millions, making its affordability and accessibility crucial. President Bongbong Marcos, wearing…
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Power to the Nano: How SEDPI is shaking up economic norms for the better
The SEDPI Group of Social Enterprises is a Philippines-based organization that operates with the aim of alleviating poverty among Filipinos worldwide. Since its inception in 2004, it has grown to include eight collaborative organizations executing three key programs: SEDPI KaSosyo, SEDPI KaNegosyo, and Usapang Pera. These programs focus on social investments, nanofinancing, and financial education…