JPIC-SES formed
posting date: June 11, 2011 09:45 PM
After several months of detailed planning and finalization of legal documents, the JPIC-Social Economic Services (SES) was finally launched on September 13, 2008. JPIC-SES is the micro finance arm of the Economic Development Program of JPIC-IDC. This new project hopes to serve the micro entrepreneur partners of JPIC through micro loans. The organization has chosen the Municipality of Compostela, 30 kilometers north of Cebu city as its base. There are three staff currently working for the project. JPIC-IDC utilizes its organizational resources to put up the needed initial capital. The organization is now working for the possibility that interested partners, both local and abroad, could be part of the project by providing the additional capital which JPIC-SES would definitely need in the next couple of months.
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