ARDCI adds another “K” to its CSR program
posted 23-Dec-2018  ·  
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Four years ago in 2014, ARDCI Microfinance, Inc. launched the ARDCI 5K Initiative, anchored on the mantra that better lives are built on good health, proper education and a sustainable environment.

     By offering “PAGDAMAY AT KALINGA: KASAPI, PAMILYA, KOMUNIDAD”, it went beyond microfinance, harnessing the community spirit of its officials, employees and its 150,000 members in over 70 branches in Catanduanes, Albay, Sorsogon, Camarines Sur, Camarines Norte, Quezon, Laguna, Batangas, Oriental Mindoro, Occidental Mindoro, Marinduque, Bulacan, Bataan, Pampanga, Zambales, Tarlac, Pangasinan, and Samar.

     Through ARDCI Katuwang sa Kalusugan, it has continued to provide free medical consultations at the ARDCI Medical Annex Building in Virac for its Catandunganon members, with 5,164 benefiting from the services and free medicines in 2018 alone. Eleven medical missions in four provinces served 5,390 beneficiaries while 365 teenage boys underwent their rite of passage in Operation Libreng Tuli last summer.

     Aside from its scholarship program that had 83 student-grantees and 34 graduating scholars in 2017 and its participation in the Brigada Eskwela program of the Department of Education under the ARDCI Katuwang sa Karunungan initiative, the Bag at Gamit sa School (BAGS) program assisted 4,308 children in their venture into elementary schooling this school year.

     Through the years, the ARDCI Katuwang sa Kalinisan has provided 98 water-sealed toilets to selected members in far-flung communities and installed potable water systems in six barangays in helping the government address the often-neglected aspect of sanitation.

     Its newest offering, the Water, Sanitation and Hygiene (WASH) program, seeks to provide loans to members who want safe water and sanitation facilities. A rapid assessment conducted by the ARDCI Research and Marketing Unit showed that 87% of respondents signified their intention to avail of WASH loans, with 78% wishing to have their own water connections and 63% preferring to improve toilet facilities.

     Last November 5, 2018, the WASH program was pilot-tested in Catanduanes branches (Virac, Baras, Viga, San Andres, Caramoran and Refinancing), with 89 loans granted with a total loan portfolio of 1,111,500.00 as of December 14, 2018. To be rolled out in January 2019, the loan program with amounts ranging from P5,000.00 to P15,000.00 payable within a year will be extended to Tabaco, Bacacay and Tiwi in Albay. The loans can be availed on top of the members’ existing micro business and multi-purpose loans depending on their capacity to pay.

     Apart from its clean-up and tree-planting activities in barangays, the ARDCI Katuwang sa Kalikasan’s dream of encouraging the people to maintain clean waterways continues with its focus on San Roque creek in its Adopt-An-Estero project. This will not only reduce pollutants ending up in the sea but also limit the spread of diseases in the community.

     Various community programs are being undertaken in the ARCI Katuwang sa Komunidad initiative, with 36 couples given a formal Church wedding this year while 37 kids at the San Alfonso M. Fusco Children’s Homes received early Christmas gifts last Dec. 3.

     In all, its 5K Initiative has benefited or involved 24,296 people in the branches as an expression of its genuine concern for others.

     Last October 2018 during the celebration of Catandungan Festival, the ARDCI Microfinance, Inc. added another “K” to the initiative, the ARDCI Katuwang sa Kultura in recognition of the importance of developing and promoting local culture and preserving the island’s cultural heritage.

     In its initial foray into this program, beginner’s luck coupled with the competitive spirit and dedication of ARDCI employees and their trainors brought sweet victory to the dancers of the ARDCI Microfinance, Inc. in the 2018 Padadyaw sa Tinampo event.

     On Saturday, December 22, 2018, the ARDCI Microfinance, Inc. pursues this commitment to Catandungan culture and tradition by participating in the 36th Christmas Cheers in Virac, an annual extravaganza of entertainment rendered for free by schools and various institutions in the capital town.

     Free raffle tickets will be distributed at a booth at the Plaza Rizal covered courts for the raffle bonanza which will give away prizes to lucky winners during the ARDCI’s turn to entertain the community this Yuletide season.

     Merry Christmas to one and all!!!

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