Visa partners with the Ateneo De Manila University to award Tulong Dunong Scholars with more than 500,000 Philippine pesos ($10,000.00)
Leading global payments technology company Visa has partnered with the Ateneo de Manila University to provide a scholarship to a high school student until he graduates to college. This is coursed through the ‘Tulong Dunong’ Scholarship programme in the high school. This was part of the Visa employee charitable grant, where Visa employee Jesus Michael Tirona (Jay) successfully submitted a grant proposal to award the scholarship worth $10,000, which is equivalent to more than 500,000 Philippine pesos.
Stuart Tomlinson, Visa Country Manager for Philippines, said: “At Visa, we empower our employees to make a difference to the communities they live and work in. Each year, Visa employees are given the opportunity to submit a grant proposal for a non profit organization of their choice. The grants are awarded not only in money, but also a plan to engage employees with volunteering efforts led by the grant winner. We are happy that Jay’s proposal was chosen, and one of the beneficiaries from the Tulong Dunong Foundation will receive the grant money to fund his entire high school education over six years and not have to worry about the cost of education.”
"Tulong Dunong is very grateful to its benefactors. Organisations like Visa allow us to continue to provide talented and financially challenged students and their families with more opportunities for a better life. Their generosity greatly contributes to our joint endeavors to build platforms for social interactions that can help in nation building," said Mr. Norman Dennis Marquez, Tulong Dunong Executive Director.
Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world's most advanced processing networks — VisaNet — that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit, or set rates and fees for consumers. Visa's innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead of time with prepaid or pay later with credit products. For more information, visit www.visa.com.ph, http://visaapnews.asia/ and @VisaNews.