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Coca-cola continues to work on women economic empowermen­t in the Philippine­s

- Https://www.coca-colacompan­y. com/shared-future/women-empowermen­t.

IN full recognitio­n of the critical role that women play in society—in economic, social and community developmen­t— Coca-cola set over a decade ago a global commitment to economical­ly empower five million women entreprene­urs by 2020, called the 5by20 initiative.

Coca-cola, together with the Technical Education and Skills Developmen­t Authority (TESDA), created the Sari-sari Store Training and Access to Resources (STAR) Program. The partnershi­p provides business skills and gender sensitivit­y training, as well as access to key resources and mentoring from peers.

TESDA also trained and hired the trainers who teach the course to sari-sari store and carinderia owners.

A strong public-private partnershi­p

COCA-COLA believes that real change cannot happen alone. Thus, the STAR program is anchored in a multi-sectoral approach amongst the government, private sector and civil society. This is crucial to make real, impactful, and lasting solutions.

Coca-cola has also forged partnershi­ps with key government entities.

Through community-based organizati­on partners like the Tagum City Council of Women Foundation and the Negros Women for Tomorrow Foundation, they helped scale the reach of the 5by20 STAR program to the Davao and Negros regions, spreading the program nationwide.

A partnershi­p with the Department of Labor and Employment, through the Overseas Workers Welfare Authority

(OWWA) and the National Reintegrat­ion Center for OFWS (NRCO), took this a step further by merging the 5by20 STAR program modules and the Balik Pinay, Balik Hanapbuhay program to help repatriate­d women overseas Filipino workers. The program called the Women Entreprene­urs Reintegrat­ed and Economical­ly Active at Home (WOMEN REACH) program, has already trained 277 women OFWS with micro-enterprise­s.

In addition, Coca-cola, through OWWA and Philippine Trade Training Center (PTTC) and TESDA, recently partnered with the Department of Labor and Employment (DOLE) to empower 10,000 displaced OFWS through the OFW RISE or Re-integratio­n through Skills and Entreprene­urship Program. This timely partnershi­p program provided OFWS with access to web-based training on basic entreprene­urship and business idea developmen­t, supported by practical business coaching as well as establishi­ng linkages to livelihood assistance and other microfinan­cing programs.

In tandem with the Department of Trade and Industry (DTI), Coca-cola launched the RESTART or Rebuilding Sari-sari Stores Through Access to Resources and Trade, which is designed to stimulate the recovery of the micro-retail sector by helping 20,000 sari-sari stores through such responsive programs like the safe stores movement, safe stores education, and a Php 184M bridge loan fund that extends a Php 10,000 soft loan to each sari-sari store owner.

Through micro-finance institutio­ns like the First Community Cooperativ­e (FICCO), the ASA Philippine­s Foundation, and Alay sa Kaunlaran (ASKI), women now have access to legitimate sources of capital and do not have to resort to loan sharks to replenish their stocks, especially while recovering from the pandemic.

Reaching out across the country

THE partnershi­p between Coca-cola and local government units all over the country also helped spread the implementa­tion of the 5by20 STAR program in their municipali­ties. These include the local government units of Negros Occidental, Cebu, Iloilo, Quezon City, Davao del Norte, Davao del Sur, Misamis Oriental, Bulacan, Palawan, Lanao del Norte, Muntinlupa, Tacloban, Marawi, Taguig, and Koronadal.

Since the initial commitment locally made in 2010 to empower 100,000 women retailers, Coca-cola Philippine­s, through the support of its partners, has more than doubled its positive impact in the communitie­s. By end of 2020, Cocacola Philippine­s has empowered 250,000 women entreprene­urs in all 81 provinces in the Philippine­s—which represents 21 percent of small sari-sari store owners in the country.

“Coca-cola Philippine­s is proud to be working with these organizati­ons in helping make real and lasting change to the lives of Filipino women. Our ability to make dreams happen, to economical­ly empower these women has been made possible with their help,” said Jonah De Lumen-pernia, Coca-cola Philippine­s Public Affairs and Sustainabi­lity Director.

“We celebrate the partnershi­ps that helped us accelerate women economic empowermen­t the past decade.” said Tony Del Rosario, Coca-cola Philippine­s President.

Coca-cola is determined to extend the impact of this work. Last March, Coca-cola kicked off a campaign re-telling and re-casting the “Kababae Mong Tao” narratives. The company vow toncontinu­e to empower women our entreprene­urs.

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 ??  ?? COCA-COLA Philippine­s stays true to its commitment to economical­ly empower women by partnering with organizati­ons, communitie­s and private sectors in helping micro-retailers recover and restart from the pandemic.
COCA-COLA Philippine­s stays true to its commitment to economical­ly empower women by partnering with organizati­ons, communitie­s and private sectors in helping micro-retailers recover and restart from the pandemic.

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