In photo (left to right): Mayor Michael Gutierrez (Lopez Jaena, Misamis Occidental); LMP Vice President for Internal Affairs Mayor Leonardo Genesis Calingasan (Libona, Bukidnon), Ecosystem Build and Activation Officer Axcel Anonuevo; LMP Secretary General Mayor Abraham Burahan (Hadji Panglima Tahil, Sulu); LMP National Treasurer and Mayor Yshmael Sali (Languyan, Tawi-Tawi); LMP Visayas Cluster Vice President and Mayor Democrito Diamante (Tuburan, Cebu); Ecosystem Build and Activation Leader Butch Garcia; LMP National President and Mayor Maria Fe Brondial (Socorro, Oriental Mindoro); LMP Public Relations Officer and Mayor Rachel Banares (Corcuera, Romblon); LMP Vice President for External Affairs and Mayor Jett Rojas (Ajuy, Iloilo); LMP Deputy Secretary General and Mayor Francis Ong (San Vicente, Camarines Norte); Mayor Materno Luspian (Mankayan, Benguet).
The League of Municipalities of the Philippines (LMP)-Cebu Chapter recently passed a resolution adopting FINTQ’s KasamaKA as a national grassroots-based program for financial inclusion in the Province of Cebu.
Tuburan Mayor Democrito “Aljun” Diamante, President of LMP-Cebu Chapter and Vice President of the Visayas Cluster, sponsored Resolution No. 010 S. of 2018 which was unanimously adopted by all 44 mayors of the province.
Diamante made the announcement during the LMP’s Visayas Island Cluster Conference at the Radisson Blu Hotel in Cebu City on August 20-21, 2018, which was attended by 369 mayors from 16 provinces in Central, Eastern, and Western Visayas regions.
The LMP-Cebu resolution lauded KasamaKA as a “social initiative and advocacy to bring about an inclusive digital economy as spearheaded by FINTQ.”
The move of the Cebu mayors echoed the adoption of KasamaKA by the national directorate of the LMP, through Resolution No. 002-2018, during its Mindanao Island Cluster Conference at the SMX Convention Center in Davao City on July 11-13, 2018 attended by 280 mayors from Mindanao.
Aside from the LMP, various LGU leagues have already adopted KasamaKA as a national movement for financial inclusion through national resolutions, including the League of Provinces of the Philippines and Liga ng Barangay sa Pilipinas. A Senate resolution was also unanimously adopted by all senators commending KasamaKA under Senate Resolution No. 625.
This national initiative is aligned in supporting the government’s thrust of accelerating inclusive digital finance with the Bangko Sentral ng Pilipinas’ National Strategy for Financial Inclusion and the National Retail Payments System.
“We have seen the increasing traction and adoption of all stakeholders especially our unbanked and underserved Filipinos. They will now be empowered with alternative options to access affordable finance and enjoy sachet financial services,” said Lito Villanueva, founder and lead convenor of KasamaKA and concurrently FINTQ’s managing director and chairman of the FinTechAlliance.ph.
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A collaboration amongst strategic players in the digital finance space operating in the Philippines to articulate its aspirations as an EMERGING INDUSTRY, to further STIMULATE INNOVATION in order to better PROMOTE INCLUSIVE GROWTH, whilst creating an environment for INTEROPERABILITY to EMPOWER EVERY FILIPINO. “The formation of FinTechAlliance.ph is very timely as all industries in the …