Empowerment through Partnership: LifeBank, PTFA, and Parina Multi-Sector Association’s Shared Commitment

One major initiative of LifeBank involves its strategic coordination with Partnership for Transparency Asia Foundation Inc. (PTFA), which is dedicated to advancing innovative citizen- led approaches aimed at enhancing local governance, increasing transparency and  promoting the local  rule of law. This collaboration underscores LifeBank’s commitment to supporting grassroots initiatives that foster sustainable development and empower local communities.

Working closely with the Local Government Unit ( LGU) of Perpetual Help Iriga City, LifeBank and PTFA spearheaded the establishment of Parina Multi-Sector Association Inc. This collaborative effort aims to empower individuals by facilitating the creation of livelihood programs. Among the association’s products are intricately crafted handmade products, which not only showcase local craftsmanship but also contribute to the economic empowerment of the society.

Parina Multi-sector Association Inc. marked its inception as an organization last December 27, 2022. Following the necessary legal processes, the association was officially registered on March 20, 2023 with an accreditation from the Bureau of Internal Revenue (BIR) and recognition as an organization within the Barangay Community by May 2023.

 

Shirley Catimbang, serving as the President of Parina Multi-Sector Association expressed  profound gratitude on behalf of all its members for the opportunity provided by LifeBank. Through this partnership, they have not only gained valuable entrepreneurial skills but also cultivated a strong sense of unity and cooperation within the community. Their vision extends beyond mere economic gains; they aspire to create a sustainable livelihood that supports their families and uplifts their quality of life.

The impact of LifeBank’s initiative goes beyond financial support; it embodies a holistic approach to community development, emphasizing leadership, capacity building, and inclusive growth. The collaboration between LifeBank, PTFA, and Parina Multi-Sector Association Inc. stands as proof of the power of partnership and collaborative action in driving meaningful socio-economic development. Through shared goals and mutual support, they exemplify how grassroots initiatives can thrive and contribute to thriving communities.

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LifeBank Microfinance Foundation, Inc. is a non-stock and non-profit organization engaged in micro-financing initiatives that advance comprehensive and sustainable development in rural and urban areas through integrated social services. We are a major catalyst in breaking the chains of poverty in the Philippines.

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