Mimosa Cortez, owner of a crab picking plant in Manapla, Negros Occidental, was recently named regional awardee for the Visayas in the 2017 Citi Microentrepreneurship Awards (CMA).
A member of the CCT Credit Cooperative since January 2013, Nanay Mimosa was one of eight winners chosen from among 136 candidates nominated by microfinance institutions, banks, cooperatives, foundations, and non-government organizations from all over the Philippines.
She received a trophy, P100,000, and a laptop in an awarding ceremony held at the Bangko Sentral ng Pilipinas headquarters in Manila. Other prizes she received are life and health insurance coverage for a year, and enrollment in a microentrepreneurship course to help her improve her business. She will also be honored in a town hall celebration in Manapla early in 2018. John Santillan, her covenant community builder (loan officer), and the CCT Victorias branch office where she receives her loans also received P10,000 each.
Building Her Business. Mimosa began working for a crab exporting company at 16. When the company closed 19 years later, she used part of her separation pay to buy herself a fishing boat and started earning a living by fishing. Shortly afterward, she joined the CCT Credit Cooperative. She has since received nine CCT loans, most of which she used to buy more boats. She now owns a fleet of 11 bangkas (motorized boats with outriggers) and eight barotos (paddle boats).
In 2015 she realized she could manage her own crab picking station rather than sell her crab catch to others. Today, her crab picking station provides jobs for about 40 neighbors and her boats provide livelihood for about 40 men in her community.
|Left to right: John Santillan; Orlando Vea, president, |
Voyager Innovations, Inc.; Nanay Mimosa;
Jose Ma. Concepcion III, presidential consultant on
entrepreneurship; and Kerwin Tan, CCT
Credit Co-op vice chairperson.
CCT and the CMA. CCT has been nominating community partners to the CMA for seven consecutive years and has had three other winners so far: Nanay Andresa Javines, tuna packer of General Santos City, in 2011; Nanay Rabia Mangumpig, dress shop owner of Cotabato, in 2012; and Nanay Rosario Caparas, restaurant owner of Laguna, in 2013.
CCT community partners who made it to the CMA semifinals are Danilo Papalid, siomai cart business owner of Cebu and Maria Nida Jatulan, misua maker of Antipolo, in 2015; Emily Sumudivila, curtain maker of Laguna, in 2016; and Analyn Estrella, pizza cart business owner of Quezon City, in 2017.