Press Release
Villar SIPAG recognizes 22 cooperatives for poverty reduction
The Villar SIPAG (Social Institute for Poverty Alleviation and Governance) recognized 22 cooperatives for their contribution in improving the quality of life of Filipinos, especially from the countryside. Former Senate President Manny Villar and Sen. Cynthia Villar led the virtual handover ceremony to the cooperatives hailing from different parts of the country. The event capped the birthday celebration of former Senate President Villar, the founding chairman of Villar SIPAG.
The awardees each received Php250,000 in cash from Villar SIPAG. Three cooperatives, which received special citations, were granted Php100,000 each.
"Cooperatives play a significant role toward realizing the aspirations of our countrymen, especially those from the rural areas. They are the true epitome of Sipag at Tiyaga, values that have helped me succeed in my career as a businessman and a public servant," former Senate President Villar said.