The transformative journey of Bayan EDGE Inc. began with a single question: how could the organization pursue a more meaningful social strategy that would improve the quality of life of its clients?
Established in 1997, it started out as microfinance program initially named as Bayan Microfinance under the umbrella of ABS-CBN Foundation, Inc. (AFI). The foundation was set up with seed capital from the CSR funds of the different Lopez group of companies: ABS-CBN Broadcasting, Bauang Power Plant Corporation, First Gas and Lopez Inc. After a brief period of success, however, the institution began to unravel due to numerous problems that plagued many microfinance institutions in the country. Needless to say, the foundation had to evolve in order to survive its most turbulent years.
Transitioning into Bayan EDGE called for not just repositioning and structural changes in the organization, but also elevating the skills and competencies of the people. This was exactly what Dr. Eduardo Morato, Jr. strove to do when he was handed the reigns by then president Gina Lopez. Under the leadership of Dr. Morato, Bayan began its shift from a traditional microfinance institution to a micro and small enterprise developer.
The intervening years were filled with upheavals, challenges, victories, and discoveries. Many times, the organization was forced to reevaluate what it stood for and what it wanted to achieve. Ultimately, it charted a new path towards enterprise development after rediscovering its fundamental social mission – to nurture the growth and uplift the well-being of individuals, families, enterprises and communities.
In 2014, Bayan Enterprise Developers Growers and Evolvers Inc. or Bayan EDGE, Inc. was launched. More than simply lending money and capital, it aimed to provide a better calibre of life for clients through job creation, wealth creation, and enterprise evolution. Today, it is a social development and entrepreneurship foundation offering a whole gamut of programs and services including enterprise credit provision, entrepreneurial and technical training and education; enterprise assessment, advise and assistance; and other value-added services to nurture the growth of MSMEs.
On July 25, 2017, the foundation has amended its SEC registered name to Bayan Enterprise Developers, Growers and Evolvers – Microfinance and Business Services, Inc. a.k.a. bayanedge.mbs. The amendment was done in compliance to the mandate of SEC under the Implementing Rules and Regulations of R.A. 10693, otherwise known as “Microfinance NGOs Act”.
Our Mission
We pledge to uplift the lives and total well-being of Filipino families.
We pledge to achieve the goals and raise the competitiveness of entrepreneurs by assisting in the development, growth, and evolution of their enterprises.
We pledge to be the innovative leader in developing the appropriate technology, practices and techniques for financial institutions serving MSMEs.
We pledge to become the benchmark of other financial institutions in creating social impact through our Triple A services of Assessing, Advising and Assisting the MSMEs.
We pledge to become a knowledge resource center for enterprise development.
Our Vision
We, at Bayan EDGE, envision a happy, healthy and prosperous Filipino Nation sustained by dynamic enterprising families, caring communities and progressive industries.
12 VIRTUES OF OUR LOGO
Virtues of the Mind
CONSCIOUSNESS or awareness of issues and mindful of situational contexts
COMPETENCE or the ability to perform the good work expected
CREATIVITY or the ability to generate innovative ideas and execute them
CRITICAL THINKING skills to discern what is important and what is not
Virtues of the Heart
COURAGE to go where others fear to tread
COMMITMENT or total dedication to one’s work and mission
COMPASSION to care for and nurture others
COLLABORATIVENESS to work well with others
Virtues of the Soul
CONSCIENTIOUSNESS or the strong sense of right and wrong and the willingness to do what needs to be do
CHARISMA or the ability to inspire, motivate and influence others to follow the right path
COURTESY or respect for others
CONFIDENCE or a high level of self-worth
