BSRP-WV counts savings at P2.86M
Iloilo -- By the end of 2005, Bayanihan Centers organized under Bayanihan Saving Replication Program (BSRP) of the Department of the Interior and Local Government in Western Visayas have saved P2,861,731.53, almost double the amount of savings from the year 2004.
Under the active advocacy of DILG Region 6, Bayanihan Centers grew by around 30 percent, with 125 active BCs by end of 2005 compared with 84 in 2004, participated in by 2,974 active members this year as compared with only 1,911 last year. This translates to 41 new Bayanihan Centers with 1,063 active members in the region.
After the six-month period of pure savings, most of the Bayanihan Centers applied their money in micro-lending and micro-business enterprise.
The BSRP remains in the DILG's priority program this year.
"We are glad that our people here in the region already appreciate the value of savings," said DILG Regional Director Evelyn A. Trompeta. "Many of our old BSRP replicators in the LGUs have been so successful that it took our field officers less effort to market the program than to start it about three years ago. These successful Bayanihan Centers, mostly based in in the barangays, were the best advertisement for our program."
Tropmeta said that the DILG will do its best to document BSRP as a best practice this year.
"As we have demonstrated in our year-end activity, the "Pagdayaw 2005", Region 6 has plenty of replicable LGU practices," Trompeta explained. "Despite the possibility of our office undergoing rationalization, we still hope to maintain if not surpass our performance for 2005.