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Business and Poverty
The Area Resource Management (ARM) Program is a participatory and integrated approach to poverty reduction and area development. It organizes poor communities and helps them gain access to livelihood, basic infrastructure and social services, new skills and technologies, credit and markets. It is being implemented in 275 barangays of 72 municipalities covering 10 provinces nationwide. Companies can adopt ARM in their
respective areas of operations.

The Social Entrepreneurship Program was conceptualized to make sources of funds immediately available to fund MDG projects and ensure its sustainability. A Socio-Entrepreneurial Venture (SEV) can be characterized by the following: any ongoing
or start-up business which makes sources of funds immediately available to sustain MDG projects; sources of funds for direct use on projects are not dependent on livelihood projects, donations, sponsorships, fund-raising campaigns that are ‘optional’ and irregular; availability of funds is continuous; success of SEV is not dependent on operations of CSR projects; sources of funds from SEV may be allocated for multiple projects.

The Small and Medium Enterprise Credit (SMEC) Program provides
micro small and medium enterprises in the countryside access to medium and longterm
credit, leading over time, to an increase in productivity, employment and
income. SMEC embraces the idea that assistance to the Micro and SMEs is an
effective and viable method of increasing employment and incomes especially in the
country’s rural areas.

The Corporate Volunteers for Enterprise Development (CVED)
Program extends business advisory services to strengthen micro and small
enterprises (MSEs) with the help of volunteer business advisers. CVED engages
individuals, either employees from the business sector, the academe or retired
professionals, to volunteer their time and expertise to guide and assist MSEs in
addressing a specific business need or improving a certain aspect of their businesses.



Related Links:

Business and the MDGs
Business and Education
Business and Environment
Business and Health
Publication Contents

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