Monday, May 11, 2015

PBSP Press Release

Yolly Del Castillo talks about the
importance of saving during a
meeting organized by the Philippine
Business for Social Progress (PBSP)
in Marikina City on May 2. Photo
courtesy of PBSP/Scruffed


Saving up for motherhood
 
MOTHERHOOD is perhaps one of the most difficult yet fulfilling part of a woman’s life because of the huge responsibility it entails, especially in raising a child to be the best person that he can be.
Hence, it would be wise to prepare for this vocation the moment she learns of that new life living inside her. The usual preparations should begin during pregnancy– from pre-natal checkups along with getting enough nutrition for the baby’s development, to choosing the best facility for childbirth, getting post-natal care, and saving up for the expenses that come with the addition of a new family member.


However, pregnant women and mothers from low-income families rarely get to make such preparations due to financial difficulties.
The Philippine Business forSocial Progress (PBSP) underscored the need for safe motherhood practices, especially saving up for maternal healthcare in the recent “Safe Motherhood Caravan” held for some 400 mothers, pregnant women and women of reproductive age in Barangays Concepcion Uno and Parang in Marikina City.
The PBSP has partnered with the local government of Marikina for the implementation of the project, “Brokering for the Poor – Business Solution to Safe Motherhood,” which is funded by the Grand Challenges Canada (GCC). The project aims to develop low-cost health insurance products that can be availed by low and lower-middle income women in an effort to make maternal healthcare services accessible to them.
Saving is about responsible parenthood

JENNY Manil, a 28-year-old mother of four, was among those who attended the event in Concepcion Uno. She found the lecture on saving most useful.
Natutunan ko sa seminar ang kahalagahan ng pag-iipon. Maganda palang makakuha ng mga serbisyo sa coop para kahit papaano, may kaunting ipon lalo na pag may emergency (I learned the importance of saving. It’s good to avail of services of the cooperative so that I can save and have something to use in case of emergency.),” Manil said.
A valuable investment
THE seminar on saving conducted by the Concepcion Vendors Development Cooperative (CVDC), PBSP’s partner cooperative, introduced participants to the various health insurance products that can help them pay for expenses incurred during their pregnancy and childbirth.
CVDC general manager Yolly Del Castillo stressed the importance of saving during the event.
Napakahalaga na kahit hindi pa nailalabas ang anak ay pinag-iipunan mo na ito. Mahirap magkasakit lalo na kung hindi mo alam kung saan ka kukuha ng pera. Kahit may Philhealth ka, hindi lahat ng gastos ay masasagot nito. Saving is teaching you responsible parenthood, hindi naman dapat magbuntis ka lang. Ang pag-iipon ang una mong dapat na prioridad. Kahit may kinikita ka kung hindi ka marunong magtabi, mauubos at mauubos ‘yan. Dapat marunong kang mag-ipon at may savings ka na magsisilbing buffer mo, at mapagkukuhanan mo pag kailangang mo ng pera pero wala kang matakbuhan. (It’s very important to save for one’s child before you give birth to it. It’s hard to get sick especially if you don’t know where to get money to pay for consultation and medicines. You may have a Philhealth card but it cannot cover all the expenses that come with pregnancy and giving birth. You shouldn’t just get yourself pregnant. Saving should be your first priority. Even if you’re earning, if you don’t save some for emergency, your resources will eventually run out. You should know how to save and set it aside as a buffer that you can use especially in times when you don’t know where to get money.),” Del Castillo said.
She added that women should be more open-minded and look at health insurances not as an expense but as a valuable investment.
PBSP Portfolio manager for Health Jerome Daclison said that the project’s main goal is to provide women life-saving services through a socialized health insurance.

“This socialized insurance will enable mothers to avail of (health care) services such as facility-based deliveries supervised by a skilled health worker attendant. They will pay a minimal amount for the insurance with easy installment schemes that can fit their budget,” Daclison added.
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About Philippine Business for Social Progress (PBSP)
ESTABLISHED in 1970, Philippine Business for Social Progress (PBSP) is the largest business-led social development organization in the country committed to poverty reduction. With 267 large, small and medium-scale companies as members, PBSP helps uplift the lives of Filipinos through social development programs that focus on Health, Education, the Environment, and Livelihood & Enterprise Development (HEEL). Since the start, PBSP has been at the forefront of advocating for stronger corporate citizenship with the aim of supporting inclusive national development.
PBSP has been influencing the Philippine business community to integrate CSR practices into their core businesses and advocating the application of business strategies in addressing poverty.
In 2010, PBSP began looking at the concepts of Inclusive Business and the need to use the Collective Impact framework when tackling big societal challenges.
Promotion and development of Inclusive Business models for the strategic Platforms for Collective Engagements (PlaCEs) in the areas of Health, Education, Environment and Livelihood and Enterprise Development (HEEL) are at its core program agenda.
PBSP is also continuously observing trends in Overseas Development Assistance and partners with both international and local nonprofit and aid organizations to promote inclusive national development. Because of its extensive experience in social development, PBSP has cultivated relationships with both the government and the private sectors that it leverages to participate in Public-Private Partnerships (PPP) that empower communities around the Philippines.
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NOTE: The views expressed in this article are those of the author and do not necessarily represent the views of, and should not be attributed to, the owner of this blog.