Sep 26, 2020

CBNC extends financial assistance to Rio Tuba women vendors group

CBNC turns over P100,000 cash assistance to Rio Tuba Women's Market Vendor Association (Photo courtesy of CBNC Community Relations)

The Coral Bay Nickel Corporation’ (CBNC) Social Development and Management Program (SDMP) has assisted the livelihood program of the Rio Tuba Women’s Market Vendors Association (RTWMVA).

Hamera Gabinete, CBNC community relations supervisor, said Tuesday that the assistance worth P100,000.00 will be the group’s initial capital for their lamayo-making and trading project

Gabinete said that the association will use the fund for value-adding projects.

“Nagbibigay tayo ng assistance sa mga association para mas lumago ang kanilang kabuhayan kasi ‘yon naman ang layunin natin na matulungan ang mga impact barangays. Magiging puhunan nila ang amount then sila na ang bahala magpalago nito,” she said.

She said that this assistance aims to help local vendors to develop their livelihood.

The 30 member-RTWMVA has fishing as a primary source of income.

Gabinete added that CBNC and local government of Bataraza will be strictly monitoring the association to ensure that the financial assistance is being put to good use.

“Of course, we will do monitoring kung ano ang nangyari sa mga SDMP projects natin. May regular evaluation and assessment para masiguro na maging tuloy tuloy and proyekto. So far, karamihan naman ay successful at masaya tayo na natutulungan sila,” Gabinete said.

The assistance is under the Social Development and Management Program (SDMP) of the CBNC.

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