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Aboitiz Foundation, Inc., the social development arm of the Aboitiz Group, extended microfinance loans worth Php28 million in 2012 to various cooperatives in Cebu, Benguet and Davao, allowing more than 1,200 individuals to benefit from sustainable livelihood projects that were implemented in these areas.
The Aboitiz Group, driven by its passion for a better world, continued to pursue initiatives to help enrich the planet through various sustainable projects that it implemented in 2012.
Aboitiz Foundation and Therma Mobile, a subsidiary of Aboitiz Power, turned over new set of armchairs to two of the most populous public elementary schools in Navotas City last Dec. 18, 2012.
The Aboitiz Group is urging promising and talented college students around the country to participate in the 8th Aboitiz Future Leaders Business Summit (AFLBS) to be held August in Cebu City.
AP Renewables Inc. (APRI) issued a notice of termination of contract with Abra Electric Cooperative (Abreco), citing the cooperative’s repeated failure to settle its obligations and follow on its commitments. In a letter dated January 10, 2013, APRI stated that the termination of the power supply contract is effective immediately. The final disconnection is scheduled at 12 noon, January 24, 2013.