Education Scholarship Program (ESP)
LifeBank Foundation Inc. Education Scholarship Program (ESP) aims to provide livelihood skills (bachelor or vocational degree) to deserving dependents of Ikabuhi Microfinance Program (IMP) clients; the program financially supports IMP members for their children’s education. This program can help qualified scholars to acquire good academic preparation, self-development, and broad career opportunities. Soon, qualified scholars can improve their family’s economic and financial status.
The program started in June 2013 in Luzon, having 65 initial scholars in Bulacan State University (BuLSU) and Bulacan Polytechnic College. The program received an overwhelming response from LBF staff, IMP members, and members’ children resulting in extending the program to other State Universities and Colleges throughout the country where LBF branch offices are located.
To support quality and holistic education for LifeBank members’ children
To financially support the education of poor but deserving IMP members’ children.
To help improve the socio-economic status and financial capacity of selected IMP members’ families.
- To assist in developing the IMP members’ dependents’ capacities to their full potential through quality education and training by skills enhancement training, discipline and good moral values.
To link members’ dependents to value-added jobs that will enable them to become productive and contributing members of society.
To link members’ dependents to formidable institutions that will further capacitate and develop their knowledge and skill thereby, enabling them to become productive members of the community.