April 20, 2018, 11:09 am
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1 Philippine Peso = 0.07053 UAE Dirham
1 Philippine Peso = 1.99923 Albanian Lek
1 Philippine Peso = 0.03418 Neth Antilles Guilder
1 Philippine Peso = 0.38677 Argentine Peso
1 Philippine Peso = 0.02467 Australian Dollar
1 Philippine Peso = 0.03418 Aruba Florin
1 Philippine Peso = 0.03841 Barbados Dollar
1 Philippine Peso = 1.59228 Bangladesh Taka
1 Philippine Peso = 0.03034 Bulgarian Lev
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1 Philippine Peso = 33.62742 Burundi Franc
1 Philippine Peso = 0.0192 Bermuda Dollar
1 Philippine Peso = 0.02503 Brunei Dollar
1 Philippine Peso = 0.13175 Bolivian Boliviano
1 Philippine Peso = 0.06526 Brazilian Real
1 Philippine Peso = 0.0192 Bahamian Dollar
1 Philippine Peso = 1.26032 Bhutan Ngultrum
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1 Philippine Peso = 384.48243 Belarus Ruble
1 Philippine Peso = 0.03837 Belize Dollar
1 Philippine Peso = 0.02421 Canadian Dollar
1 Philippine Peso = 0.01858 Swiss Franc
1 Philippine Peso = 11.41406 Chilean Peso
1 Philippine Peso = 0.12052 Chinese Yuan
1 Philippine Peso = 52.12791 Colombian Peso
1 Philippine Peso = 10.7778 Costa Rica Colon
1 Philippine Peso = 0.0192 Cuban Peso
1 Philippine Peso = 1.71039 Cape Verde Escudo
1 Philippine Peso = 0.39282 Czech Koruna
1 Philippine Peso = 3.39601 Djibouti Franc
1 Philippine Peso = 0.11551 Danish Krone
1 Philippine Peso = 0.94891 Dominican Peso
1 Philippine Peso = 2.1798 Algerian Dinar
1 Philippine Peso = 0.24262 Estonian Kroon
1 Philippine Peso = 0.33916 Egyptian Pound
1 Philippine Peso = 0.52276 Ethiopian Birr
1 Philippine Peso = 0.01551 Euro
1 Philippine Peso = 0.03865 Fiji Dollar
1 Philippine Peso = 0.01348 Falkland Islands Pound
1 Philippine Peso = 0.01349 British Pound
1 Philippine Peso = 0.08525 Ghanaian Cedi
1 Philippine Peso = 0.89975 Gambian Dalasi
1 Philippine Peso = 172.80584 Guinea Franc
1 Philippine Peso = 0.14089 Guatemala Quetzal
1 Philippine Peso = 3.95007 Guyana Dollar
1 Philippine Peso = 0.15072 Hong Kong Dollar
1 Philippine Peso = 0.45249 Honduras Lempira
1 Philippine Peso = 0.11491 Croatian Kuna
1 Philippine Peso = 1.24505 Haiti Gourde
1 Philippine Peso = 4.8093 Hungarian Forint
1 Philippine Peso = 264.60534 Indonesian Rupiah
1 Philippine Peso = 0.06739 Israeli Shekel
1 Philippine Peso = 1.26727 Indian Rupee
1 Philippine Peso = 22.73862 Iraqi Dinar
1 Philippine Peso = 806.60649 Iran Rial
1 Philippine Peso = 1.91031 Iceland Krona
1 Philippine Peso = 2.37565 Jamaican Dollar
1 Philippine Peso = 0.01361 Jordanian Dinar
1 Philippine Peso = 2.06171 Japanese Yen
1 Philippine Peso = 1.92145 Kenyan Shilling
1 Philippine Peso = 1.32194 Kyrgyzstan Som
1 Philippine Peso = 76.97331 Cambodia Riel
1 Philippine Peso = 7.61206 Comoros Franc
1 Philippine Peso = 17.28442 North Korean Won
1 Philippine Peso = 20.40042 Korean Won
1 Philippine Peso = 0.00575 Kuwaiti Dinar
1 Philippine Peso = 0.01575 Cayman Islands Dollar
1 Philippine Peso = 6.25043 Kazakhstan Tenge
1 Philippine Peso = 158.93989 Lao Kip
1 Philippine Peso = 28.9034 Lebanese Pound
1 Philippine Peso = 2.99693 Sri Lanka Rupee
1 Philippine Peso = 2.50451 Liberian Dollar
1 Philippine Peso = 0.22892 Lesotho Loti
1 Philippine Peso = 0.05855 Lithuanian Lita
1 Philippine Peso = 0.01192 Latvian Lat
1 Philippine Peso = 0.02543 Libyan Dinar
1 Philippine Peso = 0.17577 Moroccan Dirham
1 Philippine Peso = 0.31452 Moldovan Leu
1 Philippine Peso = 0.94968 Macedonian Denar
1 Philippine Peso = 25.52333 Myanmar Kyat
1 Philippine Peso = 45.86134 Mongolian Tugrik
1 Philippine Peso = 0.15521 Macau Pataca
1 Philippine Peso = 6.76013 Mauritania Ougulya
1 Philippine Peso = 0.64144 Mauritius Rupee
1 Philippine Peso = 0.29902 Maldives Rufiyaa
1 Philippine Peso = 13.70175 Malawi Kwacha
1 Philippine Peso = 0.35007 Mexican Peso
1 Philippine Peso = 0.07459 Malaysian Ringgit
1 Philippine Peso = 0.22915 Namibian Dollar
1 Philippine Peso = 6.87536 Nigerian Naira
1 Philippine Peso = 0.59554 Nicaragua Cordoba
1 Philippine Peso = 0.14884 Norwegian Krone
1 Philippine Peso = 2.01652 Nepalese Rupee
1 Philippine Peso = 0.02629 New Zealand Dollar
1 Philippine Peso = 0.00739 Omani Rial
1 Philippine Peso = 0.0192 Panama Balboa
1 Philippine Peso = 0.06176 Peruvian Nuevo Sol
1 Philippine Peso = 0.06241 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.21836 Pakistani Rupee
1 Philippine Peso = 0.06459 Polish Zloty
1 Philippine Peso = 106.04187 Paraguayan Guarani
1 Philippine Peso = 0.0699 Qatar Rial
1 Philippine Peso = 0.07223 Romanian New Leu
1 Philippine Peso = 1.16816 Russian Rouble
1 Philippine Peso = 16.22066 Rwanda Franc
1 Philippine Peso = 0.07202 Saudi Arabian Riyal
1 Philippine Peso = 0.14768 Solomon Islands Dollar
1 Philippine Peso = 0.25792 Seychelles Rupee
1 Philippine Peso = 0.34667 Sudanese Pound
1 Philippine Peso = 0.161 Swedish Krona
1 Philippine Peso = 0.02513 Singapore Dollar
1 Philippine Peso = 0.01349 St Helena Pound
1 Philippine Peso = 0.42646 Slovak Koruna
1 Philippine Peso = 146.53351 Sierra Leone Leone
1 Philippine Peso = 10.79316 Somali Shilling
1 Philippine Peso = 380.06338 Sao Tome Dobra
1 Philippine Peso = 0.16804 El Salvador Colon
1 Philippine Peso = 9.89015 Syrian Pound
1 Philippine Peso = 0.22917 Swaziland Lilageni
1 Philippine Peso = 0.599 Thai Baht
1 Philippine Peso = 0.04602 Tunisian Dinar
1 Philippine Peso = 0.04292 Tongan paʻanga
1 Philippine Peso = 0.07736 Turkish Lira
1 Philippine Peso = 0.12961 Trinidad Tobago Dollar
1 Philippine Peso = 0.56365 Taiwan Dollar
1 Philippine Peso = 43.7488 Tanzanian Shilling
1 Philippine Peso = 0.50259 Ukraine Hryvnia
1 Philippine Peso = 70.84694 Ugandan Shilling
1 Philippine Peso = 0.0192 United States Dollar
1 Philippine Peso = 0.54158 Uruguayan New Peso
1 Philippine Peso = 154.65719 Uzbekistan Sum
1 Philippine Peso = 1139.831 Venezuelan Bolivar
1 Philippine Peso = 437.43038 Vietnam Dong
1 Philippine Peso = 2.00538 Vanuatu Vatu
1 Philippine Peso = 0.04922 Samoa Tala
1 Philippine Peso = 10.16881 CFA Franc (BEAC)
1 Philippine Peso = 0.05185 East Caribbean Dollar
1 Philippine Peso = 10.16881 CFA Franc (BCEAO)
1 Philippine Peso = 1.83983 Pacific Franc
1 Philippine Peso = 4.79931 Yemen Riyal
1 Philippine Peso = 0.2292 South African Rand
1 Philippine Peso = 99.66391 Zambian Kwacha
1 Philippine Peso = 6.95026 Zimbabwe dollar

Nata de coco manufacturer is 2015 Citi Microentrepreneur of the Year

For Lydia Malot, the National Winner of the 2015 Citi Microentrepreneurship Awards (CMA), P300 truly went a long way.  The former public school teacher only had that small amount when she decided to leave teaching and become a nata de coco manufacturer. Together with six other winners, Lydia was honored during the awarding ceremonies held at the Bangko Sentral ng Pilipinas (BSP) this December.

Lydia is the first CMA National Winner to hail from Mindanao in the program’s 12-year history.

A partnership among the BSP, Citi Philippines, and the Microfinance Council of the Philippines, Inc. (MCPI), the CMA is a nationwide search for the most outstanding micro business owners.  Funded by Citi Foundation, it started in 2002 as part of the celebration for Citi’s 100th year in the Philippines.  The CMA has since recognized more than 100 winners across the country. 

This year, the CMA set a new record with 144 nominations from 28 microfinance institutions and cooperatives across the country.

Citi Philippines CEO Aftab Ahmed, who served as co-chair of the National Selection Committee (NSC) that chose this year’s winners, expressed their appreciation for the industry’s continuing support for the program.  “Each year, it is a very involved process to identify seven awardees from a long list of winners. With each passing year, it becomes more and more evident that there continues to be a great wealth of entrepreneurs in this country. These are men and women who have displayed exceptional commitment, determination, and ingenuity to create businesses that have contributed to better lives for themselves and their families as well as to the communities in which they live.”

The NSC members were all equally generous in their compliments for the exemplary business accomplishments and inspiring stories of the nominees. Despite the difficult task of sifting through nominations, the NSC unanimously chose Lydia because ofher impressive business achievements and acts of bravery and perseverance. 

Armed with basic knowledge on nata de coco production and her PhP300 capital, Lydia and her husband were able to build a thriving enterprise. When her husband succumbed to an illness, she bravely took on the reins of the business and now supplies nata de coco to large canned food and juice producers in the Philippines. Lydia will soon be exporting her product to a customer overseas. Microfinance institution Kabalikat para sa Maunlad na Buhay, Inc. (KMBI) helps her by providing capital for expansion. 

The stories of the regional and special awardees are also full of hardship and victories.

Regional Awardee for Luzon Ester Shiela Vitto and husband Ronald were able to carve a market for their homegrown sandals and slippers using old tires for the footwear’s outer soles complemented witha unique service offering of free repair. Visayas Awardee Jordan Inalisan who started as a pastillas business worker is now the owner of the go-to store offering special pastillas and other delicacies from Carigara, Leyte; and Maternidad Salili, Mindanao winner is a proud manufacturer of coil springs for some of the country’s biggest manufacturing companies. Ester, Jordan, and Maternidad are clients of CARD Bank, Inc., Taytay sa Kauswagan, Inc., and KMBI, respectively.

The NSC also gave the Special Award for Agri Micro-business to two outstanding microentrepreneurs – mushroom and organic rice grower Victoria Bantilan of Negros Occidental; and fish breeder and knife fish trader Laarni Ditablan of Binangonan, Rizal. Marines Takingan’s advocacy on organic farming in La Trinidad, Benguet earned him the Special Award for Community Leadership. Victoria is a member of the Negros Women for Tomorrow Foundation, Inc; while Laarni is supported by Ahon sa Hirap, Inc. Marines receives assistance from ECLOF Philippines Foundation.

The winners received close to P2 million in cash and non-cash prizes including life and health insurance coverage; a 4-week entrepreneurship training; and laptops and IT training. They were also inducted to the CMA Alumni Network, the winners’ circle organized to provide support and networking opportunities to past winners. The alumni network offers members access to a one-on-one mentoring program that aims to identify and address specific business needs of the alumni to enhance business competitiveness. 

BSP Governor and NSC Co-Chair Amando Tetangco, Jr. in his keynote said that, “Indeed, our microentrepreneurs represent a gold mine of lessons and information that has been helping us transform and improve the lives of millions of Filipinos through microfinance. A significant factor in our growing harvest of successful microenterprises stories is a regulatory environment that enables microfinance institutions or MFIs to provide appropriate products and services.”

This year’s NSC is composed of Gov. Tetangco and Ahmed as co-chair; with members Antonino Alindogan, Jr., Independent Director, Rizal Commercial Banking Corporation; Lisa Gokongwei-Cheng, President, Summit Media; Jose Ma. Concepcion III, President and CEO, RFM Corporation; Atty. Felipe Gozon, President and CEO, GMA Network, Inc.;  Sec. Imelda Nicolas, Chairperson, Commission on Filipinos Overseas; Marixi Rufino-Prieto, Chair, the Philippine Daily Inquirer; Darwin Yu, PhD, Dean of John Gokongwei School of Management of the Ateneo de Manila University; and Fernando Zobel de Ayala, President, Ayala Corporation.  
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