OUR INSTITUTION

Mission and Vision of SEDP-Simbag sa Pag-asenso

Mission

The SEDP–Simbag sa Pag-Asenso, Inc. commits to deliver financial and non-financial services with training and formation to micro-entrepreneurial families towards improved socio-economic condition, political empowerment, and enhanced spiritual well-being.

Vision

A dynamic and pro-active development institution of the Diocese of Legazpi committed to the total advancement of the entrepreneurial poor.

Established in 1994, the SEDP–Simbag sa Pag-Asenso Inc. is a development-oriented institution run by the Diocese of Legazpi. Previously known as the Socio-Economic Development Program of the Social Action Center, Diocese of Legazpi, SEDP-Simbag sa Pag-Asenso Inc. spinned-off as a separate entity in 2004. At present, our main office is located at The Chancery, Cathedral Compound, Albay District, Legazpi City, Philippines

We have thirty-four (34) satellite parish outreaches all over the province of Albay, in the neighboring provinces of the Bicol region, and in Samar Island in Visayas. Currently, we are serving almost 80,000 members mostly women and their families.

Guided by our vision of empowering needy families, we provide both financial and non-financial services to our members to improve their socio-economic condition to become strong and self-sustaining centers in their communities. We also offer financial services to the employees of parishes, Church institutions and private businesses.

We encourage savings mobilization for our members. Our members enjoy the benefits of Micro- insurance, multiple Value-Added Services such Educational Assistance, Health Services, Training and Spiritual formation. We facilitate our members’ access to Social Protection Services such as SSS and Insurance for those aged 65 years old and above. We also assist our members in product development and marketing.

We are SEDP–Simbag sa Pag-Asenso, Inc. – more than 25 years of serving, empowering and developing the people in a sustainable way!

CORE VALUES

Christ Centered

Witnesses to the life of Christ and the social teachings of the Church in day to day life

Professionalism

Observes work ethics; follows the policies prescribed by the institution; puts values to work; and delivers effective and efficient services to mission partners.

Service oriented

Gives importance to providing services to the institution and community without due regard to personal benefits or gains.

Proactive

Anticipates issues and concerns; and initiates action both at work and in the community based on existing issues and felt needs.

Transparency and Openness

Involves all parties concerned in decision-making; and maintain an open-line communication between and among staff and mission partners.

Focused

Adheres to vision, mission and goals of the institution; acts towards poverty alleviation; implements clearly and collectively the policies of the institution.

Commitment

Works beyond the call of duty to respond to the needs of mission partners.

Teamwork and Strong Bonding

Performs sharing of tasks or assumes other responsibilities when needed to achieve a common goal; supports and shows commitment to co-workers.

HISTORY

The SEDP started out in 1994 as one of the programs of the Social Action Center (SAC) of the Diocese of Legazpi. It was then a component of the Food Transition Strategy (FTS) II, a program of the Catholic Relief Services (CRS). The project was undertaken under the title Targeted Women and their Families for Socio-Economic Development (TAWFSED) from which evolved the present SEDP. It was conceived as a viable option to assist the poor and marginalized women of Albay in improving their family incomes by supporting livelihood projects through the provision of financial assistance. Income shortages experienced by these women were largely attributed to their lack of access to capital, and poor competitive advantage – constraints which were easily traced to their generally low level of education, lack of entrepreneurial knowledge and skills, and low appreciation of development values, attitudes, and practices. To address these constraints, SEDP pursued a mutually reinforcing community development strategy that combines credit assistance and institution building with sub-components for value orientation, spiritual formation, and appropriate technological and skills development.

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BOARD OF TRUSTEES

Bp. Joel Z. Baylon

Chairman

Msgr. Crispin C. Bernarte, Jr.

Vice-Chairman

Ms. Joyce B. Besana

Corporate Secretary

Fr. Jose Victor E. Lobrigo

Treasurer

Fr. Ar-gie Salvador G. Nuarin

Trustee

Ms.Teresita Q. Galang

Trustee

Mr. Jose Misael B. Moraleda

Trustee

Atty. Marylou Duka-Castillo

Trustee

Ms. Salvi Rufina Angela M. Morcoso

Trustee

Ms. Jessica L. Belarmino

Trustee

Ms. Amy B. Bombuhay

Trustee

Ms.Remegia Balucio

Trustee

BOARD OF TRUSTEES COMMITTEES

GOVERNANCE COMMITTEE
Chairperson:
Msgr. Crispin C. Bernarte Jr.
Co-Chairperson:
Members:
Fr. Jose Victor E. Lobrigo
Atty. Marylou Duka-Catillo
Ms. Remegia Balucio
Ms. Jessica LI. Belarmino
TRAINING AND FORMATION COMMITEE
Chairperson:
Fr. Ar-gie Salvador G. Nuarin
Co-Chairperson:
Members:
Fr. Levie Euprepes C. Quitasol
Dr. Nora L. Licup
Ms. Amy Bombuhay
AUDIT AND RISK MANAGEMENT COMMITTEE
Chairperson:
Mr. Jose Misael Moraleda
Co-Chairperson:
Members:
Fr. Ar-gie Salvador G. Nuarin
Ms. Marlene Catalina Rodriguez
Ms. Teresita Q. Galang
Ms. Joyce B. Besana
FINANCE COMMITTEE
Chairperson:
Fr. Jose Victor E. Lobrigo
Co-Chairperson:
Members:
Ms. Joyce B. Besana
Atty. Marylou Duka-Castillo
Ms. Teresita Q. Galang
HUMAN RESOURCE COMMITTEE
Chairperson:
Ms. Salvi Rufina Angela M. Morcoso
Co-Chairperson:
Members:
Dr. Nora L. Licup
Fr. Ar-gie Salvador G. Nuarin
Ms. Remegia Balucio

MANAGEMENT TEAM

Fr. Rex Paul B. Arjona

President/CEO

Laarni P. Alilano

Director, Finance and Administration

Fe B. Bataller

Director, Operations