Small Business Corporation (SBCorp) and Monde Nissin Corporation (MONDE) signed a memorandum of agreement, making MONDE the first SBCorp-accredited FMCG partner for SBCorp’s STAPLES (Sustaining Trade Access to Primary Food and Link to Enterprises) program.
STAPLES will provide sari-sari stores who are customers of authorized MONDE distributors access to collateral-free and interest-free loans to increase their working capital and to help make small businesses more robust especially in the face of the pandemic.
Photo shows (left to right back row) SBCorp Head for Special Programs Linda Orsos, SBCorp Chief Media Communications Officer Azel Solano, SBCorp Officer for Innovations and Advocacy Victor Limlingan, Jr., MONDE Corporate Communications Head Mark Tiangco, SBCorp Executive Vice President/COO Santiago Lim, SBCorp President/CEO Ma. Luna E. Cacanando, MONDE Chief Commercial Officer Samuel Sih, and MONDE Chief Sustainability Officer Marivic Cajucom-Uy.
SBCorp is currently inviting large food manufacturers, distributors, and suppliers to become accredited partners of SBCorp for the implementation of STAPLES in order to expand the reach of its program and to cater to a substantial number of sari-sari stores.
Posted on December 27, 2021