Globalpinoy Chamber of Small & Medium Enterprises

“We shall find expression and fulfillment for our Corporate Credo: 'OUR ASPIRATIONS AND DESIRE IS THE TOTAL DEVELOPMENT OF OUR NATION' and contribute to the efforts of helping our country regain its respectable rank among nations.”

Thursday, September 29, 2005

Improving Filipino lives through entrepreneurship

IMPROVING FILIPINO LIVES THROUGH ENTREPRENEURSHIP

Globalpinoy Chamber of Small and Medium Enterprises. Inc. is a non-profit, dynamic, vision and program oriented NGO based in Quezon City, Philippines. Started in September, 1990 as FILOVE International, the organization registered under its new name with the Securities and Exchange Commission in September, 2004 with Company Reg. No. CN200413688 and the purposes of the organization are:
1. To uplift the living conditions of members by assisting them in the establishment of livelihood facilities, services and enterprise.
2. To encourage the members in the effective utilization of local resources in livelihood activities and thereby improve the living condition in the community.
3. To acquire loans or other financial accommodations from the government and private lending institutions in order to finance productive livelihood enterprises.
4. To assist and support the members in the promotion of their business.
5. To develop and harness the people’s participation in every economic activity toward the development of the community through self-help and self-reliance.
6. To offer and provide the members including their families opportunities to participate actively in any program relative to the promotion and encouragement of small business entrepreneurs.

Globalpinoy Chamber of Small and Medium Enterprises. Inc. believes that a principal reason why the Philippines continues to lag behind its Asian neighbors in economic development is because of the lamentable absence of a wide-spread entrepreneurial orientation and a woeful lack of entrepreneurial skills among Filipinos. Even today, our youth are still brought up on the principle that the key to success is to get a good education preferably with impressive grades to be able to find good employment in big multinational companies. One look at our more successful Asian brothers will easily reveal that their economies were founded on local entrepreneurships, not employment.

There is therefore an urgent need to correct this anomaly that has left our country behind in economic development. This is most crucial as the whole world economy now faces the onslaught of globalization, a trend which cannot be stopped and will not be stopped.

Our country drastically requires the development of a mass-based entrepreneurial class if we are to survive globalization. A country of employees such as ours will always have a government that is beholden to multinational companies. On the other hand, a Philippines with a wide-based entrepreneurial class can exist on its own and could even wield companies hostage in this country.

The Philippine economy must be controlled by Filipinos. “Para umunlad ang ating bayan, kailangan umunlad ang negosyanteng pinoy.” This is the battlecry of the Globalpinoy Chamber of Small and Medium Enterprises. With every activity of Globalpinoy, we hope to spread the seeds of Filipino entrepreneurship to the four corners of the archipelago or wherever the Filipinos maybe.

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