FEMI supports the “Missing Middle Enterprises” (MME) Launches its 7th Entrepreneurs’ Conference

Representatives of the Missing Middle Enterprises (MME) from Regions 3 and 4A with FEMI staff and Consultant

Last May 13, 2011, FEMI hosted its 7^th Entrepreneur’s Conference. The theme of the conference was “Missing Middle” – Bayani Rin! (“Missing Middle” – Heroes Too!). In this conference, FEMI’s program updates, innovations, and developmental plans was discussed to its Benepartners. The learning and development program for the whole year was also presented for validation, and the new credit rating instrument was communicated. It was emphasized that the instrument will be used to objectively evaluate the Benepartners’ credit performance. Benepartners with excellent performance deserve prime rate.

Lot of things was tackled during the conference but what served as the main attraction is when FEMI honored the significant contributions of the “missing middle” in the country, the reason why they are also considered as heroes. One reason why they are regarded as heroes is because of the jobs that their enterprises generate. Not only are they able to uplift their living standards, but through the jobs they generate, they also uplift the lives of other families. The second reason why they are regarded as heroes is because of the taxes that they paid which then serve as the lifeblood of our country. For this, FEMI invited a speaker from BIR to discuss topics regarding payments of taxes and an open forum was facilitated to answer questions that the Benepartners have in mind brought by their experiences from their transactions with BIR.

Aside from the national responsibilities, Benepartners were also made aware of FEMI’s operational guidelines particularly in delivering its Credit service through its credit scoring scheme.  Proposed training schedule was also presented based on the Training Design made for 2011 through its Learning and Development program.  The conference was highlighted with the participation of Benepartners in a networking workshop.  It was a venue in technology sharing, market matching and mentoring among co-benepartners.

Benepartners in Trading engaged in an intense discussion

This was the 7^th entrepreneurs’ conference hosted by FEMI and we can be sure that a lot more is to come. FEMI will help alleviate poverty by serving the “missing middle enterprises.” FEMI will help enable social development by empowering the Filipino entrepreneurs.