HaPinoy, PBSP work to revive E. Visayas sari-sari store economy

Wednesday, March 19, 2014

SOCIAL enterprise HaPinoy is closely working with the Philippine Business for Social Progress (PBSP) to revive the sari-sari store economy in Yolanda-ravaged areas in Eastern Visayas.

HaPinoy president Mark Ruiz said they will initially help 2,000 sari-sari stores in Leyte for the livelihood rehabilitation effort that will benefit 100,000 residents to have access to basic commodities.

“The value chain has been destroyed and because of that residents lost access to basic goods. The disruption of the supply chain resulted in higher prices of goods even to basic commodities like coffee and sugar,” Ruiz said in a press conference.

While relief operations helped make goods available, it didn’t address the sustainability of supply. “When sari-sari stores slowly re-emerged, the value chain was not really re-established,” said Ruiz.

Source: Sun Star (link opens in a new window)

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Entrepreneurship
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entrepreneurship, social enterprise