The Macquarie Group Foundation, in partnership with the Australian government, is investing more than P43 million to support women-led small and medium enterprises in the Philippines and help offset the pandemic’s impact on their businesses.
The Macquarie-Investing in Women RISE Fund in the Philippines, the first in Southeast Asia, was formally launched on Tuesday in Makati City.
Macquarie Group Manila Technology and Office head division director Eric Yaptangco said the funding reaffirms the group’s commitment to contribute to the success of women-led enterprises as well as in the country’s recovery efforts amid the pandemic.
People’s Journal. (2020, November 18). Macquarie to invest P43M in Pinay-led SMEs. Journal Online. Retrieved from https://journal.com.ph/specials/business/macquarie-to-invest-p43m-in-pinay-led-smes/