EXAMPLES OF SOCIAL ENTREPRENEURSHIP WHAT IS SOCIAL ENTREP • “Social entrepreneurship is an approach by start-up companies and entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues.” MICRO FINANCE INSTIRUTIONS • Microfinance is a banking service provided to unemployed or lowincome individuals or groups who otherwise would have no other access to financial services. • it allows people to take on reasonable small business loans safely, and in a manner that is consistent with ethical lending practices. • The majority of microfinancing operations occur in developing nations, such as Uganda, Indonesia, Serbia, and Honduras. EXAMPLES OF MICRO-FINANCIAL INSTITUTIONS TAGUIG CITY WATERLILY LIVELIHOOD PROGRAM Individual Medical Assistance Program (IMAP) of PCSO • The IMAP is the flagship program of the agency which was institutionalized in 1995 to provide timely and responsive financial assistance to individuals with health-related problems. With the Guarantee Letter as the medium used in providing such services addressed to health facilities (Hospitals, Dialysis Centers, etc.), the PCSO assumes the obligation of a specific amount due from the client for the services rendered. The amount of assistance is based on the classification system established under the program.
