Education is one of the highest values among Filipinos, in general, which is why CCMF offers various forms of assistance ranging from allowances to tuition support to close to 100 scholars in various schools. Beneficiaries are bright but economically challenged students.
Characterized by passion more than sound action, many social development programs in the Philippines and other developing countries have been stunted by lack of financial discipline and controls. Through close cooperation with Ateneo de Naga, the region’s leading educational institution, CCMF hopes to prime projects that combine entrepreneurial and business skills with passion for the development of the region through a scholarship program.
One component of the unique program taps promising students from among economically challenged families and enrolls them in either an undergraduate business management or entrepreneurship course in addition to leadership modules. Student support hinges on the commitment of the individual upon graduation to be a social entrepreneur, one who blends development objectives with business and entrepreneurial acumen. More specifically, he will be tapped to work in the communities set up by the foundation.
The other component offers members of the clergy and religious congregations a master’s degree in business administration specializing in socio-pastoral entrepreneurship. In the Philippines where leaders of the predominant Catholic Church have adopted a preferential option for the poor, parish priests and religious naturally serve as frontliners in development work. Unfortunately, few have the skills to regenerate funds so they benefit the largest number possible.
This specialized business course trains scholars to appropriate theories and strategies of business management and social entrepreneurship as they fulfill the mission of the Catholic Church. Special areas of training include enhancing community participation, accessing capital, and generating livelihood and affordable housing projects.
Numbers of scholars: (to include Biliran, Leyte and Miarayon, Bukidnon) more than 500 scholars through these years