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Barclays Chairman Marcus Agius visited the Philippines in February, to meet beneficiaries of a Barclays and UNICEF-backed project in one of the country’s poorest cities.

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This is a ground-breaking, innovative collaboration with a respected global corporation which has clear expertise in financial and resource management
Vanessa Tobin, UNICEF Philippines Country Representative

Joined by UNICEF UK’s Executive Director David Bull, Marcus met families in Pasay City, Manila, who have received cash grants from the Philippines government. They are now receiving support from Barclays and UNICEF under the Building young futures programme, helping them make the most of these grants to pay for livelihood skills training, healthcare and education for their children.

Marcus visited the Candelaria family at their one-room rented home, to see how mother-of-three, Kristina, is using her grant to pay for training in skills she can later use to earn a sustainable income.  He also attended a session where local people proudly explained how they set up a community saving scheme, enabling members to take small loans for projects and healthcare, following approval from the rest of the group.

“This is a ground-breaking, innovative collaboration with a respected global corporation which has clear expertise in financial and resource management,” said Vanessa Tobin, UNICEF Philippines Country Representative. “The project will benefit 40,000 of the poorest people living in Masbate and Pasay, and is likely to benefit a far greater number through better health and education and by enabling poor families to begin to build a future for themselves.”

“I would like to extend a huge thanks to Barclays for their commitment to this project,” added David Bull. “Together we can deliver real and sustainable change for many more families like these, both in the Philippines and around the world.”

The Building young futures project is providing £250,000 over three years to the Philippines, focused on Pasay City and on two areas in Masbate province.

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