Accenture Philippines Donates to PinoyME Foundation

MANILA, Philippines - Accenture Philippines has partnered with the PinoyME Foundation and recently donated one million pesos for the implementation of a micro-enterprise financing program. This project supports Accenture’s Skills to Succeed initiative, which, by 2015, will provide 250,00 people worldwide with the skills to get a job or build a business.

PinoyME will facilitate and manage the micro-enterprise skills-training program, using a portion of the funding to implement a basic entrepreneurship and microfinance training program for the spouses or selected beneficiaries of Accenture’s security guards and custodians. Trainees will be guided through a loan application process while taking business skills management courses. The remaining funds will be used as seed money, which microfinance institutions will lend to trainees who meet the criteria for acquiring business loans.

Lito Tayag, Accenture Philippines’ country managing director, said the project is close to the hearts of the company’s employees. “With this project, which draws on our people’s passion, experience and commitment to developing and nurturing talent, we hope to make a significant, lasting impact on the economic well-being of individuals who might otherwise become marginalized.”

The donation is a result of the combined efforts of Accenture Philippines’ 20,000 employees, who raised P200,000, and the Accenture Foundations, which provided P800,000 for the program. A portion of the fund will further the training of security guards and custodians who work for companies hired by Accenture, as well as finance a rural cooperative engaged in a viable market enterprise.