Transforming Lives with the Gift of Education

Posted under great on January 17, 2014
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It is this guiding principle that best captures the entire experience of more than 77 people who have benefited from the 3rd JPMC Entrepreneurship Education Program for Community Development, a joint undertaking between JPMorgan Chase & Co. and Bayan Academy for Social Entrepreneurship and Human Resource Development. Held for the third time with more participation from 77 families from targeted communities and a higher employment rate that surpasses its first two batches, the three-month course finally ended with a simple yet heartfelt graduation ceremony held late September at the Townhall Area of the JPMC office at the Fort Bonifacio Global City in Taguig.

The 3rd JPMC Entrepreneurship Education Program for Community Development also graduated a record-high 77 graduates spread in four entrepreneurial courses – culinary (20 graduates), hairdressing (20), beauty care (18) and massage/manicure & pedicure (23).
Donning their pristine professional uniforms, the graduates of the four courses were all excited as they sat quietly while awaiting their names to be called onstage and handed their “diplomas,” or certificates of completion. On hand to recognize them in these solemn rites are JPMCC Philippines Senior Finance Officer Timothy Yang and Head of Communications Ma. Patricia Anne Javier-Gutierrez, Chairman, and CEO of L13 Group of Companies and Reyes International School of Cosmetology Celestino “Les” E. Reyes and Bayan Academy Executive Director Raul I. E. Manikan.
JPMorgan Chase & Co. Philippines Head of Communications Ms. Pixie Javier-Gutierrez, in her remarks, said that international institutions like JPMorgan are encouraged to engage in this kind of corporate social responsibility (CSR) activity mainly because of the apparent transformation of the lives of families and the community that benefited from the said program. “The 3rd JPMCC Entrepreneurship Education Program for Community Development has set high standards. From the employment rate of 82% in the first batch to 92% in the second batch, this year we have an astounding 96%, surpassing the two batches. From earning virtually nothing, each of the graduates now earns PhP 7,376 or $171 a month,” she said.
The JPMC Entrepreneurship Education Program for Community Development which began in 2011 is focused on developing and enhancing the entrepreneurial skills of beneficiaries in the BASECO community. The JPMC Entrepreneurship Education Program for Community Development was established to also promote a culture of volunteerism among JPMC employees sharing their skills and valuable experience with program participant’s and in support of community development. This rationale goes hand-in-hand with improving the self-mastery and entrepreneurial skills among JPMC BASECO community relatives.


transform lives meager resources and skills Entrepreneurship Education Program for Community DevelopmentSocial Entrepreneurship and Human Resource Development
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