RAFI Micro-finance, Uratex forge partnership to provide alternative livelihood to micro-businesses

·2 min read

RAFI Micro-finance Inc. (MFI) has partnered with the Uratex Group of Companies to support the businesses of micro-entrepreneurs in Cebu.

Uratex has agreed to donate its scrap fabrics to RAFI MFI’s client-beneficiaries to support upcycling efforts.

RAFI MFI already has 17 client-entrepreneurs to benefit from the program. Screening for more potential beneficiaries is still ongoing.

“Collaborations like this are very important to push our mission of elevating lives further. That is why I have nothing but the deepest thanks to Uratex for giving us the assistance that we needed during these times,” said Jonar Durado, RAFI MFI’s chief operating officer.

According to Dorado, the partnership will provide alternative livelihood to business-minded RAFI members.

Scrap fabrics from Uratex can be turned into useful products such as bags, pouches and others, which the beneficiaries can sell both online and offline.

“We are looking forward to creating exponential impact of this partnership,” he said.

For the environment

Marvey Alcantara, RCG/Uratex Group Business head for Visayas and Mindanao, said this joint endeavor will allow Uratex to help mircro-entrepreneurs generate additional income and at the same time upcycle materials from the plant to lessen environmental waste.

“Instead of sending these wastes to the landfill, we are turning these scraps into something useful,” she said.

Products made from these fabric scraps will be showcased in RAFI MFI’s online trading platform Tindahan Ni Nanay on Facebook.

Uratex has already provided 1,845 kilos of scraps to 17 beneficiaries.

To increase market access, Alcantara promised to also help showcase the upcycled products in Uratex’s branches in Cebu.

“We are willing to help provide market linkage for our micro-entrepreneurs,” she said.

Alcantara also pledged to pitch the program to Uratex’s 21 plants nationwide to expand the program. (KOC)

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