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RAFI Micro-finance Student-scholars to be recognized in upcoming Bugsay Scholarship Program Event

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Student-scholars of the Bugsay Scholarship Program (BSP) of the RAFI Micro-Finance Inc. (RAFI MFI) will be recognized for their achievements during a virtual general assembly on November 20, 2021.

โ€œStudents with exemplary performance โ€” both in curricular and extra-curricular โ€” will be recognized, said Jonar Dorado, RAFI Micro-Finance Inc. (RAFI MFI) Chief Operating Officer.

โ€œBy recognizing these top studentsโ€™ achievements, we hope these can inspire others to strive to also reach new heights especially in their studies and in their lives,โ€ said Dorado.

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Mr. Jonar Dorado, RAFI Micro-Finance Inc. (RAFI MFI) Chief Operating Officer

Aside from that, the BSP General Assembly, with a theme โ€œWell-being in the Digital Ageโ€, will also help students understand the importance oftheir mental well-being and on how to cope with the challenges of the pandemic and that of the digital world.

The event will also include a discussion about the vital role of psychological well-being among students in the digital age from Sherryl Muli-Abellanosa, PhD, RPsy, LPT, a professor from USC, a psychologist and the founder of Kauban, a mental health support group in Cebu City.

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Keynote Speaker Ms. Sherryl Muli-Abellanosa

โ€œThe BSP General Assembly shall bring togetherย our student-grantees across the different provinces in order for them to beย unitedย by having a positive scholarship culture among their co-scholars and the BSP staff,โ€ said Ailyne Lim, RAFI Micro-Finance Inc. (RAFI MFI) Head of Operations and Chairperson of the BSP Scholarship Program Committee.

RAFI MFIโ€™s Bugsay Scholarship Program or BSP aims to increase the number of graduates in higher education among low-income households and ensure that these graduates get employed in high-value occupations.

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Ms. Ailyne Lim, RAFI Micro-Finance Inc. (RAFI MFI) Head of Operations and Chairperson of the BSP Scholarship Program Committee

This program is in line with the national governmentโ€™s thrust to effectively address poverty through education.

The BSP is also one of the non-financial services initiatives of the RAFI MFI together with its partner Philpacific Insurance Brokers & Managers-Cebu (Philinsure). This is exclusively granted and used for the tertiary education of deserving students of RAFI MFI clients who belong to low-income households.

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The BSP also aims to enable student-grantees to embody the Bugsay Principle, which will equip them to become achievers โ€” not just in school, but also in life. The Bugsay principle of RAFIโ€™s late president Roberto โ€œBobbyโ€ E. Aboitiz, which is at the heart of the programsย of the Ramon Aboitiz Foundation Inc. (RAFI) to help address poverty, helps equip individuals especially those low-income families with the tools or the โ€œbugsayโ€ (paddle) that can help them to change their lives.

โ€œWith this bugsay, the individual is given the choice to change oneโ€™s life by paddling to a better destination or to a better lifeโ€.

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About RAFI Micro-Finance Inc.

The Microfinance Program of the Ramon Aboitiz Foundation, Inc. (RAFI provides financial and non-financial services to micro-entrepreneurs with a mission of elevating lives of the vulnerable and disadvantaged communities through stable and rewarding livelihood.

Know more about RAFI by visiting https://www.rafi.org.ph/.