On February 9, 2024, 600 grafted pili trees from the Department of Agriculture, Albay Research Center were distributed to six members of SEDP-Simbag sa Pag-asenso, Inc. (A Microfinance NGO) and SEDP MBA from Ligao City.

The activity included an orientation led by the SEDP Pili Hub, where members were educated on the proper planting and care of pili trees. Each member received 100 grafted pili trees to plant and take care of in their respective backyards.

Thirty-five (35) members of SEDP-Simbag sa Pag-asenso, Inc. (A Microfinance NGO) and SEDP MBA from the UWMP1 and UWMP2 centers in Muladbucad, Guinobatan, Albay attended the Commitment Building Ceremony (CBC) on April 10, 2024.

The CBC is part of SEDP’s formation services aimed at strengthening the spiritual life of its members. During the event, emphasis was placed on reinforcing each member's commitment to the organization and its mission.

On May 10, 2024, members of SEDP-Simbag sa Pag-asenso, Inc. (A Microfinance NGO) and SEDP MBA from various centers conducted a Community Clean-up Drive at the Rapu-Rapu Satellite Parish Outreach.

The Community Clean-up Drive is an initiative led by the members, where they participate in general cleaning activities in their barangays or churches. This event reflects their role as servant leaders and embodies the principle of unity that SEDP teaches.

Forty-two (42) Center Officers of SEDP-Simbag sa Pag-asenso, Inc. (A Microfinance NGO) and SEDP MBA from Ligao City attended the Center Officers Training 2 (COT-2) on May 9, 2024.

The training was held at La Terraza Kawa-Kawa in Ligao City and was led by the SEDP Simbag Members Development Services Unit (MDS). This activity is part of the Formation and Training programs provided by SEDP to equip members with additional knowledge about their roles and responsibilities as leaders of their respective centers.

Seventeen (17) members of SEDP-Simbag sa Pag-Asenso, Inc. (A Microfinance NGO) and SEDP MBA from the NKP1 center in the municipality of Pioduran, Albay attended the Basic Bible Orientation (BBO) on April 26, 2024.

The Basic Bible Orientation teaches members the fundamentals of reading and using the Bible. It is a formation activity designed to prepare them for the Basic Bible Facilitation (BBF), which will guide them in properly sharing their reflections during the first part of their center meetings.

The BBO is part of the formation services offered by SEDP to strengthen and improve the spiritual lives of its members.

Members of Simbag Microfinance and SEDP MBA from the Bacacay 1 Satellite Parish Outreach collaborated in the Brigada Parokya held on August 28, 2024.

The Brigada Parokya is an initiative led by the members, where they engage in general cleaning activities in their barangays or churches. This event highlights their role as servant leaders and reflects the principle of unity promoted by SEDP.

SEDP MBA & Simon of Cyrene Community Rehabilitation Simon of Cyrene regarding Mapping of Persons with Disabilities in the Municipalities of Camalig, Daraga and Bacacay, Albay amounting to Php 500,729.73.

In collaboration with the Peace and Equity Foundation and Water.org, 500 members of Simbag Microfinance from the Libon Satellite Parish Outreach received relief goods during the WASH Orientation and Relief Distribution held on October 30, 2024.

In a continued effort to support the health and well-being of its members, Simbag Microfinance Inc. (Simbag MFI) organized Medical Missions to provide essential health services to members and their families. 

The mission offered a variety of free services, including health checkups, optical exams, dental care, and the distribution of free medicines. Medical professionals and volunteers were on hand to provide consultations and checkups, ensuring that members received proper guidance for any health concerns.

The optical services offered free eye exams, with prescription eyeglasses provided to those in need, while dental services included free checkups and basic treatments, helping members maintain good oral health. Additionally, members were given free medicines to address common ailments, ensuring that essential treatments were accessible to everyone.

This initiative was made possible through the collective efforts of medical professionals, volunteers, and Simbag MFI and SEDP MBA’s commitment to supporting the health and well-being of their members. By offering these essential health services, the Medical Mission not only addressed immediate health needs but also reinforced the importance of preventive care and healthy living.

With the goal of fostering a healthier and more vibrant community, Simbag MFI and SEDP MBA continue to prioritize the holistic well-being of their members helping them lead healthier lives and improving their overall quality of life.

In the spirit of community and compassion, SEDP MBA supported the celebration of the Aguinaldo Mass through a special initiative sponsoring a feeding program for members and parishioners in various SEDP Simbag Satellite Parish Outreach (SPO) operations in Albay.

Held alongside the traditional dawn Mass, SEDP MBA organized a “Palugaw” Feeding Program, providing warm, nourishing meals to attendees. This simple yet meaningful act of service aimed to share the joy of the season while addressing the immediate needs of the community.

The initiative reflects SEDP MBA’s ongoing commitment to not only protect the welfare of its members through microinsurance but also to promote solidarity, generosity, and compassion values that are deeply rooted in the Institution's mission.

Through activities like these, SEDP MBA continues to strengthen its bond with the community, making a positive impact during the most meaningful times of the year.

In the wake of Typhoon Kristine, Simbag Microfinance Inc. (Simbag MFI) and SEDP Microinsurance Benefit Association (SEDP MBA) quickly mobilized to provide Calamity Assistance to affected members and their families. Recognizing the immense challenges faced by communities during natural disasters, the SEDP Simbag and SEDP MBA extended much-needed relief to help those in distress. The Calamity Assistance Program offered immediate support, providing financial aid to members who were severely impacted by the typhoon. The assistance aimed to alleviate the hardships caused by the disaster, enabling families to begin the recovery process and rebuild their lives. 

Through the program, members received food, water, clothing, and other critical items, as well as financial assistance to support their recovery efforts. In addition to the tangible support, the program emphasized emotional and moral support, reminding members that they are not alone in these difficult times. Simbag MFI and SEDP MBA's response to Typhoon Kristine underscores their commitment to the welfare of their members, showing that they are not only concerned with financial growth but also dedicated to supporting the resilience and recovery of their communities in times of need.

The SEDP MBA released PHP 4,185,150.00 covering 22,643 members.