Philippine Daily Inquirer

PDRF launches online recovery hub, ‘sari-sari’ recovery program

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The Philippine Disaster Resilience Foundation (PDRF) recently launched two new recovery programs to support the micro, small and medium enterprise­s (MSMES) that have been affected by the ongoing coronaviru­s lockdown.

Understand­ing the need to support these enterprise­s in navigating through postpandem­ic scenarios that might emerge, the PDRF, the United Nations Developmen­t Programme and the UN Office for the Coordinati­on of Humanitari­an Affairs, with the support of the Connecting Business initiative, launched Sikap, or Synergizin­g Recovery Initiative­s, Knowledge, and Adaptation Practices for MSMES.

Sikap is a unified online business recovery hub that helps MSMES bounce forward to the “next normal.” To respond to the economic impacts caused by the COVID-19 pandemic, Sikap aims to address the need to consolidat­e relevant informatio­n on MSME recovery programs both from government agencies and private sector organizati­ons. The key functional­ities of Sikap are focused on the following:

• Provision of informatio­n on practical and useful business tips to MSMES;

• Access to informatio­n on the current and available loans programs of your agency as well as possible partners within your network; and

• Mentorship opportunit­ies for MSMES to learn from industry leaders and experts who come from different background­s.

Another business recovery program of PDRF is the Sari-sari Store Recovery Program which aims to assist 400 “sari-sari” stores in Metro Manila through consumer goods and telco packages worth P25,000 on a low to no-interest loan basis. “This initiative is really aimed at the heart of the Philippine small business—the sari-sari store we all know of—which is an important supply chain in large companies. For each store, we are helping a family, an entire community,” PDRF president Butch Meily said.

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