As an athlete, 2020 Olympic gold medalist Hidilyn Diaz knows how important it is to have an effective team that guides her, especially in an individual sport like weightlifting. During the fight, Hidilyn Diaz had no one to lean on but herself. But his coaches and trainers also give a lot of help in his preparation for competitions. 

Hidilyn Diaz

In the field of entrepreneurship, Hidilyn’s approach is similar. Among the rewards Hidilyn received from several Philippine corporations when she won Olympic gold were business franchises such as the two outlets of the Chick ‘N Juicy chicken rotisserie franchise. One outlet is in Eastwood, Quezon City while the other is in Hidilyn’s hometown in Zamboanga.  

He admitted that it is important to have a partner-bank with the ability and good track record to help micro, small and medium entrepreneurs (MSMEs) like him. One of these is the partner-bank extension of loans that MSMEs can use to expand their business. 

“I remember what my entrepreneurship teacher said back then, that it’s okay to take out a bank loan for business,” Hidilyn said. “Let’s not be afraid to take out a bank loan to expand our business, instead of using the money we have saved for it. At least we can get something out in an emergency.”  

Aside from her business franchises, Hidilyn also wants to have a Hidilyn Diaz Weightlifting Academy and build a cafe.  

“I’m hoping to do this, we really need funding for this business,” he added. “It’s important to have a good one. partner-bank that will guide you though their loans as well as the important business advice they provide.” 

BDO Network Bank is one that enthusiastically guides MSMEs in their business in the province. With the help of Kabuhayan Loan ofthat MSMEs can use the funds to expand their business.  

Ganito ang ginawa ni Aling Merlinda Coronado, isang MSME at BDO Network Bank client mula sa Nagcarlan, Laguna. Sa tulong ng Kabuhayan Loan, nakabili ng additional stocks si Aling Merlinda para sa kanyang negosyo, at truck at jeepney para sa kanyang mga delivery. Sa kasalukuyan, mayroong 15 empleyado si Aling Merlinda na umaasa sa negosyo niya para suportahan ang kani-kanilang pamilya.

BDO Network Bank is an active partner of MSMEs for their business expansion. To avail the Kabuhayan Loan, the borrower must have an existing business for the last three years.  

For more information on Kabuhayan Loan and other BDO Network Bank products and services, visit BDO Network Bank’s official website or its official Facebook page.

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