The program started in Y2003 through the seed money of 500,000 pesos endowment fund donated by Mr. Bob C. Mirani in honor of his late father, Mr. Chandumal Mirani. It’s a dedicated fund to provide assistance and facilitate the access to social services and livelihood capitalization for the betterment of the economic and social status of PBM Family beneficiaries and staff members. To date, there are 125 families and staff members who have availed of the fund, majority of which is utilized for livelihood programs. The objective of CMAF is to encourage the PBM family in honing their capabilities and challenge them to become entrepreneurs. Their success in the livelihood development efforts would strengthen the foundation itself as a pioneer social service institution with a steadily-increasing social capital that is invested back into social development.
Total Amount of Loan Released 7,860,202
Total Amount of Loan Payments Received 7,261,343