| ADVANCING SKILLS-TO-ENTERPRISE OPPORTUNITIES FOR FILIPINOS. [First row] LANDBANK President and CEO Lynette V. Ortiz (center-right) and TESDA Secretary Kiko B. Benitez (center-left) formalize a partnership aimed at helping skilled Filipinos transform their training into sustainable livelihoods and viable enterprises. The signing of the Memorandum of Agreement was witnessed by TESDA Deputy Directors General Atty. Allan Chester B. Nadate (2nd from left) and Nelly Nita N. Dillera (3rd from left), TESDA Assistant Executive Director Redilyn C. Agub (leftmost); and LANDBANK First Vice President Eden B. Japitana (3rd from right), Assistant Vice President Ronaldo R. Averion (2nd from right), and Department Manager Crisso B. Pernito (rightmost). |
LANDBANK and the Technical Education and Skills
Development Authority (TESDA) have partnered to help skilled Filipinos
transform technical competencies into sustainable livelihoods and viable
enterprises through integrated training, financial education, and improved
access to financing.
On June 29, 2026 at the LANDBANK Plaza in Manila,
LANDBANK President and CEO Lynette V. Ortiz and TESDA Secretary Kiko B. Benitez
formalized the partnership through a Memorandum of Agreement (MOA),
establishing the TESDA–LANDBANK Skills Training and Credit Access Partnership
Program.
The program integrates TESDA’s industry-relevant skills
and entrepreneurship training with LANDBANK’s financial capability
interventions and credit programs. It will also support capacity-building in
digitalization, business expansion, and organizational strengthening to help
beneficiaries prepare for enterprise growth.
“At LANDBANK, we believe development does not happen in
isolation. True progress is built through strong institutions working in
alignment, guided by clear direction and a shared vision for equitable growth.
With TESDA’s extensive network, we look forward to ensuring that these economic
opportunities reach more remote and underserved communities across the
country,” said LANDBANK President and CEO Ortiz.
TESDA Secretary Benitez highlighted the broader economic
impact of the initiative, particularly in generating employment, supporting
livelihoods, and improving productivity in the agriculture sector. "This
partnership helps us address two things. First is unemployment, as we provide
greater financing to more Filipinos. Second is to increase the agricultural
yields and productivity among fishers to help address inflationary pressures
from food prices. Kapag tinutulungan
natin sila makabuo ng puhunan, tinutulungan natin silang itaguyod ang
pinapangarap nilang negosyo o livelihood," he said.
Under the partnership, TESDA will endorse qualified
graduates and beneficiaries—particularly those with entrepreneurial or
agribusiness potential—to LANDBANK for possible financing. This structured
referral mechanism is designed to strengthen the credit and investment
readiness of aspiring entrepreneurs, farmers, fishers, agrarian reform
beneficiaries (ARBs), and micro, small, and medium enterprises (MSMEs).
Beneficiaries may be linked to LANDBANK’s flagship
lending programs, including the ASCEND, Agrisenso Plus, and LIFTING MSMEs
Programs, which support agriculture, fisheries, agrarian reform, and small
enterprise development.
The initiative will prioritize underserved and rural
communities, with emphasis on helping skilled workers, small business owners,
and agri-based entrepreneurs access the resources needed to start, sustain, or
expand their livelihood activities.
Earlier this year, LANDBANK and TESDA also partnered to
facilitate the digital disbursement of scholarship grants and training support
funds to over 335,000 TESDA scholars nationwide, enabling faster, more
efficient, and secure delivery of financial assistance.
By aligning technical skills development with financial
access, LANDBANK and TESDA aim to empower more Filipinos to build sustainable
livelihoods, grow resilient enterprises, and create jobs, in support of the
government’s UPLIFT (Unified Package for Livelihoods, Industry, Food, and
Transport) agenda to promote inclusive economic growth and drive countryside
development. (LBP)
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