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Monday, April 22, 2024

SM scholars recall the beginning of their SM scholar journey


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A moment that changed lives


Some moments fade with time, certain experiences leave an indelible mark, shaping not just our paths but our very identities. For Atty. Marmie Deniega and Amanda Hora, the SM scholarship application wasn't just a gateway to education; it was the moment that shaped the life they live today.


The first to obtain a degree in the family

A family legacy, SM scholar Amanda Hora becomes the first in her family to earn a degree.

Amanda’s unforgettable story as an SM scholar began when she stumbled upon a Facebook post about the SM scholarship application.

“It has always been my dream to pursue a quality education without the burden of tuition expenses. I enrolled in a university in Senior High School because of a scholarship, and Iknow that the only way to continue my college years at the same university is to obtain another full scholarship. That is why I never hesitated to apply for the SM scholarship, hoping to be accepted,” she said.

In the quiet hours of the night several years back, an email from the SM Foundation lit up her phone’s screen, informing her that she had been selected for their scholarship program.

The acceptance was a mark that she was a few steps away from fulfilling another goal: “I pursued college because I wanted to become the first in our family to get a college degree.”

“My parents did not finish their studies due to financial difficulties, but they’ve always been supportive of my dreams and aspirations. Also, I believe in the importance of quality education. It is something that nobody can take away,” she added.

Amanda snaps a photo with her family as she graduated cum laude with a degree in BS accountancy in 2023.

The scholarship opened doors throughout her college years. Beyond the academic realm, she had the opportunities to join competitions, intern at prestigious firms, and build a network that extended far beyond the classroom.

She shared: “As a scholar, the foundation’s programs and webinars allowed me to hear inspiring stories from other scholars, mentoring and motivating us to pursue our goals. When COVID-19 affected the country and whenever there were calamities, the SM Foundation looked after us. They provided us with tools that are essential for remote learning. It made me feel that I am part of a bigger family and that I am not alone in this journey.”




These experiences paved academic and personal growth. As she graduated cum laude with a degree in BS accountancy in 2023, she aims to contribute to the community by creating a ripple effect of kindness.

“I would use my knowledge to find ways to provide livelihood programs, especially in areas or communities where it is much needed. I would also advocate for financial literacy to help people effectively manage their finances and build resilience, especially during unpredictable life events. I would also use my story to inspire the youth, especially the current and future scholars, and remind them to never give up on their dreams,” she shared.

Scholar makes an impact on the community

Atty. Marmie Deniega (fifth from left) with her colleagues from IBP-Cebu Chapter.

Much like Amanda is CPA-lawyer Marmie Dyan Deniega.

Raised by a single mother amid financial struggles, the pursuit of a college degree seemed like an unattainable dream until she chanced upon a TV commercial that introduced her to the SM College Scholarship.

Recalling vividly the moment, she shares: “My mother and I were watching the television. The commercial for SM Foundation came in, and the application deadline was flashed through the screen. Coincidentally, it was on that day itself, so I rushed and submitted my application at the nearest SM Mall."

The scholarship became the cornerstone of Marmie's academic success. She graduated with cum laude honors in Accountancy from the University of San Jose-Recoletos, crediting the scholarship for providing not only financial support but also the freedom to focus on her studies.

The scholarship not only shaped her academic journey but also fueled a sense of responsibility, which proved valuable when she pursued a law degree with the help of her aunt and part-time jobs.

Now successful in her field, Atty. Marmie travels and enjoys various leisure activities. Beyond this, she is thankful to have the capability to support her family.

Now, she proudly serves as an Attorney III at the Business Permit and Licensing Office (BPLO) of Mandaue City, actively contributing to her community's development. She is one of the people who played a pivotal role in streamlining business permit processing in their city, making it more accessible to constituents.

As a firm believer in spreading social good, she finances the education of her siblings while actively engaging in community-based projects. She also stands as a resource speaker in schools for several crucial topics, such as the Anti-Bullying Law.

Apart from legal aid work in far-flung areas in Cebu, through the Integrated Bar of the Philippines-Cebu Chapter, she also volunteers with Law Inc., an organization helping victims of Violence Against Women and Children (VAWC). She conducts seminars across various locations in Cebu, shedding light on the intricacies of VAWC.

In the confines of her office, clients naturally turn to her for legal advice, seeking guidance on various matters: “It cannot be helped that clients will also seek legal advice from me, hence I also make it a point to help them, to the best of my ability, and within the boundaries set by law."

Amanda and Marmie's stories are not just individual triumphs but testaments to the impact of education. Each year, countless dreamers like them are empowered to pursue their academic aspirations and chart their paths to success through the SM College Scholarship Program.

As the application for the SM College Scholarship Program opens from Feb. 1 to March 31, 2024, countless more lives stand to be touched.

Diwata Pares Overload is the Pare King or Queen?


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"Pares" is a beloved Filipino street food dish that originated in Metro Manila. It consists of tender beef simmered in a flavorful soy sauce-based broth, typically seasoned with garlic, ginger, and other spices. The dish is often served with garlic fried rice ("sinangag") and a clear beef broth on the side, creating a comforting and satisfying meal.

What makes pares unique is its combination of sweet and savory flavors, achieved through the use of soy sauce and sugar in the broth. The name "pares" itself is derived from the Filipino word for "pair," referring to the pairing of the beef and rice.

Originally considered a humble dish sold by roadside eateries ("karinderya") and food stalls, pares has gained popularity across the Philippines and is now commonly found in eateries, fast food joints, and even upscale restaurants. It has become a staple comfort food for many Filipinos, enjoyed any time of the day.

Dubbed the 'Pares King' by patrons, Deo Jarito Balbuena, aka "Diwata," known for his beloved beef brisket cubes, was recently apprehended for a lingering 2018 legal issue at his Pasay City stall. Despite bailing out, his hurdles continue, including permit issues, yet Mayor Emi Calixto-Rubiano granted a reprieve. 

"Pares" is a beloved Filipino street food dish that originated in Metro Manila. It consists of tender beef simmered in a flavorful soy sauce-based broth, typically seasoned with garlic, ginger, and other spices. The dish is often served with garlic fried rice ("sinangag") and a clear beef broth on the side, creating a comforting and satisfying meal.

What makes pares unique is its combination of sweet and savory flavors, achieved through the use of soy sauce and sugar in the broth. The name "pares" itself is derived from the Filipino word for "pair," referring to the pairing of the beef and rice.

Originally considered a humble dish sold by roadside eateries ("karinderya") and food stalls, pares has gained popularity across the Philippines and is now commonly found in eateries, fast food joints, and even upscale restaurants. It has become a staple comfort food for many Filipinos, enjoyed any time of the day.

Dubbed the 'Pares King' by patrons, Deo Jarito Balbuena, aka "Diwata," known for his beloved beef brisket cubes, was recently apprehended for a lingering 2018 legal issue at his Pasay City stall. Despite bailing out, his hurdles continue, including permit issues, yet Mayor Emi Calixto-Rubiano granted a reprieve. Balbuena's journey, from a stabbing victim to street food mogul, reflects resilience. Authorities pledge scrutiny, ensuring proper permits for his thriving business. For this street food icon, the battle for his renowned dish persists.

While pares stalls are commonplace, Diwata's exceptional following and market position stand out significantly.

It's uncommon for a pares stall owner to garner a devoted following like Diwata's, attributing this to her strong product quality and strategic positioning, which are challenging to replicate.

 Diwata's effective marketing, brand identity, and business model, emphasizing their substantial impact on social media and resulting sales growth.

Furthermore, the efficient organization of Diwata Pares' stall, noting their ability to handle a high volume of customers in a busy location through structured and systematic processes.

Located along J.W Diokno Blvd., Pasay City near GSIS, Diwata Pares Overload operates 24/7.

Scanning the Needs, Barriers, and Opportunities in Islamic Financing


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The Peace and Equity Foundation (PEF) and the UP Strategic Research and Management Foundation (UPSTREAM) signed a memorandum of agreement on April 4, 2024, at the UP Mindanao Gaisano Conference Room to undertake an action research study on Islamic financing in the Bangsamoro Autonomous Region in Muslim Mindanao.

The study, to be conducted by the UP Center for Integrative and Development Studies (UP CIDS) under its Escaping the Middle-Income Trap Chains-for-Change (EMIT C4C) program, will identify the needs, barriers, and opportunities related to Islamic financing, starting with PEF projects in the region.

Islamic finance or Shari’ah-compliant financing refers to instruments and services that abide by Islamic law. Its development will help promote financial inclusion and create solutions for Muslims residing in the Bangsamoro region.

“PEF would like to look at the current landscape of Islamic financing and what can be our role in helping the poor through this instrument,” PEF Executive Director Roberto Calingo said.

In the past, PEF has supported social enterprises involved in Islamic financing and partnering with other advocates such as the Center for Agriculture and Rural Development - Mutually Reinforcing Institutions (CARD-MRI) and the Ramon Magsaysay Awards Foundation.

Calingo signed the MOA with UPSTREAM President Dr. Sylvia Concepcion and UP EMIT C4C Senior Research Analyst Jane Lynn Capacio.

Under the agreement, PEF and the EMIT C4C team will gather data, conduct discussions and deliberations, and write the report. UPSTREAM, meanwhile, will monitor the implementation of the action research project.

UP Center for Integrative and Development Studies is a policy research unit that connects disciplines and scholars across several units of the UP System.

UP Strategic Research and Management Foundation, a non-stock, non-profit organization in Davao City, is one of the two accredited foundations in UP Mindanao and supports the School of Management (SOM) with its funds and resources generated through grant projects, research, consultancies, and training services conducted by the SOM faculty.

The Peace and Equity Foundation aspires to drive positive change in poor Filipino household communities by investing in social enterprises that will provide them with viable livelihood and better access to basic services. We work with partners who share this vision by developing models and best practices that will steer social enterprises to scale up. Founded in October 2001, our Foundation is the steward of an endowment fund and registered as a non-stock, non-profit organization based in Quezon City, Philippines.



www.pef.ph





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