P1.62B raised by private sector for hard-hit families
Article from Philippine Daily Inquirer: https://business.inquirer.net/293899/p1-62b-raised-by-private-sector-for-hard-hit-families
A fund-raising initiative led by top business groups in cooperation with the Philippine Disaster Resilience Foundation (PDRF) and non-profit Caritas Manila pooled P1.62 billion in cash and in-kind donations for impoverished households in Greater Metro Manila who have been hit hard by the lockdown of Luzon.
Apart from helping families most vulnerable to the coronavirus crisis and consequent quarantine measures, PDRF and business partners also rolled out a separate initiative to raise over P100 million to procure much-needed medical equipment such as personal protective equipment (PPE) and ventilators for hospitals across Metro Manila.
“We are absolutely grateful by the overwhelming response of the private conglomerates in extending their support to those who need help the most. This has enabled us to raise our initial target of helping one million to 1.5 million families and make a difference in the lives of some 7.5 million individual residents that have been economically displaced by the ongoing enhanced community quarantine (ECQ) in Greater Metro Manila,” Guillermo Luz., project spokesperson and chief resilience officer of PDRF, said in a press statement on Wednesday.
To help bring immediate aid to healthcare professionals and hospitals fighting to contain COVID-19 pandemic, PDRF, Zuellig Pharma, ABS-CBN, Metro Drug, and Go Negosyo launched a separate fund-raising called “Kaagapay: Protect our Healthcare Heroes project.”
“Franklin Roosevelt said that ‘courage is not the absence of fear but the assessment that there is something more important than fear.’ Our medical frontliners demonstrate this every day they are at work saving lives while putting their own at risk. Let us support these heroes in any way we can,” said PLDT/Smart Communications chair Manuel V. Pangilinan.
“Just as the business community has banded together to feed the economically-vulnerable, we are also working in concert to support our healthcare frontliners with PPEs, test kits, and medical supplies through this project,” said Ayala Corp. chair and CEO Jaime Augusto Zobel de Ayala.
Due to the rising number of COVID-19 cases, the Philippines is facing a medical equipment shortage, which puts the lives of front-liners at risk and interferes with the provision of care for those that are seriously ill. Kaagapay seeks to address this need by utilizing pooled procurement mechanisms and supply chain processes in providing at least 50 ventilators and 30,000 PPEs for the healthcare sector. The initiative, which began its initial run last March March, will include test kits and other life-saving medical equipment as well.
“Project Kaagapay is an opportunity for us as a nation to rally together and show our support to our healthcare heroes and patients in their fight against COVID-19. By pooling our donations as a whole community, we can provide timely access of critical equipment to those who need them most. Join us in this fight and together make a difference and save precious lives,” said Zuellig Pharma chair Raymund Azurin.