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Background:
The Micro Enterprise Development (MED) Program generated an amount of Php
192,293.27 as of June, 2009 and it is deposited at Union Bank with account number 00-
030-001035-7. The generated amount is from the sales of FCED products. This fund will
later be used for the sustainability of the Parents Association supported by ChildFund
Philippines.
Requirements on Payment:
o Payment on labor should be requested separately and named after the
worker if the labor payment is above Php 500.00.
o For labor payments below Php 500.00, it should be named after the MED
Coordinator as Cash Advance.
o Cash or Check payment on sales of production should be receipted and
deposited at IGP fund account at Union Bank within 2 days after
collection. Secure a copy of deposit slip for file.
Prepared by:
Albert Edquila
MED Coordinator-Childfund
FCED Foundation
Noted by:
Approved by: