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Credit Circle Program, in cooperation with PEP-IWAPI
Manulife has continued its support of the Aceh area by implementing long-term plans in order to help the Acehnese people be self-sufficient once again. Manulife has also extended its Jakarta based credit circle program for US$100,000 (around IDR900 million) to the community in Aceh, not just Manulifers, working in partnership with PEP (Private Enterprise program) and IWAPI (Indonesian Businesswomen’s Association). The PEP – IWAPI – Manulife Nanggroe Aceh Darussalem micro credit program has helped 120 people start, restart or strengthen their small businesses through access to affordable credit. The official launch was in April 2005 and since then the program has made significant impact on many tsunami survivors, providing them with critical resources to rebuild livelihoods.

Details of the Credit Circle:

A total of just over US$100,000 (around IDR900 million) was disbursed in 120 loans of roughly US$800 (IDR7.6 million) each.
There are 12 credit circles with each circle consisting of 10 members; 7 credit circles (70 participants) are associated with Manulife and 5 others (50 participants) are associated with IWAPI.
Composition of participants : 85 women and 35 men.
Typical businesses: furniture manufacturing, cell phone vouchers, small restaurants (warung), tailor shop/seamstress, small grocery store/kiosk, cottage craft industry (embroidery, etc) and wedding accessory manufacturing.
Technical assistance: cash flow management, record keeping and marketing and assistance in leveraging credit circle participation to access credit or grants offered through other development organizations.

Manulife Schools
Manulife supports two elementary schools in Aceh, Sekolah Dasar Negeri (SDN) 25 and Sekolah Dasar Negeri (SDN) 28.
SDN 25 had lost 70 of its students in the tsunami. In May 2005, Manulife started rebuilding the school and made a commitment to make it the 1st Manulife school in Aceh. It is now known as SDN 25 Manulife School and has a roster of 152 students and 17 teachers. The school was officially re-opened on July 20, 2005, by President and Chief Executive Officer of Manulife Financial Corporation, Dominic D’Alessandro, and Vic Apps, the company’s Senior Executive Vice President and General Manager for the Asia region. In addition, the school’s newly refurbished library was named after Dominic D’Alessandro. The company, through its Manulife Care Foundation, donated over US$22,000 (IDR200 million) for the school’s renovation.

Several months later, the Foundation took another school under its wing. SDN 28 is located in Kampung Keramat, Banda Aceh, and became the 2nd Manulife School in Aceh. The school, with a current enrollment of 182 students and 20 teachers, lost 60 children to the December disaster – 10 confirmed deaths and 50 still considered missing. Three teachers also perished. Since September 2005, the Foundation has been renovating the school, making significant enhancements to the original structure by adding a newly outfitted library, new sports facilities, a principal’s office and common room for the teaching staff. The school was officially reopened on December 13, 2005 and now is known as SDN 28 Manulife. The Foundation donated US$22,000 (IDR200 million) for the school’s renovation.

The company’s Banda Aceh branch helps monitor both schools. Each semester, Manulife Care Foundation also receives update about the schools and their students from their respective headmasters. In April 2006, the new Manulife Indonesia President Director David Beynon made his first visit to the two schools.
Pen-Pal Program
Manulife set up a pen-pal scheme in September 2005 with the children in Aceh and head office in Canada. With this program, the children are able to correspond with their peers in Canada, share experiences and more importantly, helps with rehabilitation. More than 75 participants take part in this activity.





	Credit Circle Program, in cooperation with PEP-IWAPI Manulife has continued its support of the Aceh area by implementing long-term plans in order to help the Acehnese people be self-sufficient once again. Manulife has also extended its Jakarta based credit circle program for US$100,000 (around IDR900 million) to the community in Aceh, not just Manulifers, working in partnership with PEP (Private Enterprise program) and IWAPI (Indonesian Businesswomen’s Association). The PEP – IWAPI – Manulife Nanggroe Aceh Darussalem micro credit program has helped 120 people start, restart or strengthen their small businesses through access to affordable credit. The official launch was in April 2005 and since then the program has made significant impact on many tsunami survivors, providing them with critical resources to rebuild livelihoods. Details of the Credit Circle: A total of just over US$100,000 (around IDR900 million) was disbursed in 120 loans of roughly US$800 (IDR7.6 million) each. There are 12 credit circles with each circle consisting of 10 members; 7 credit circles (70 participants) are associated with Manulife and 5 others (50 participants) are associated with IWAPI. Composition of participants : 85 women and 35 men. Typical businesses: furniture manufacturing, cell phone vouchers, small restaurants (warung), tailor shop/seamstress, small grocery store/kiosk, cottage craft industry (embroidery, etc) and wedding accessory manufacturing. Technical assistance: cash flow management, record keeping and marketing and assistance in leveraging credit circle participation to access credit or grants offered through other development organizations. Manulife Schools Manulife supports two elementary schools in Aceh, Sekolah Dasar Negeri (SDN) 25 and Sekolah Dasar Negeri (SDN) 28. SDN 25 had lost 70 of its students in the tsunami. In May 2005, Manulife started rebuilding the school and made a commitment to make it the 1st Manulife school in Aceh. It is now known as SDN 25 Manulife School and has a roster of 152 students and 17 teachers. The school was officially re-opened on July 20, 2005, by President and Chief Executive Officer of Manulife Financial Corporation, Dominic D’Alessandro, and Vic Apps, the company’s Senior Executive Vice President and General Manager for the Asia region. In addition, the school’s newly refurbished library was named after Dominic D’Alessandro. The company, through its Manulife Care Foundation, donated over US$22,000 (IDR200 million) for the school’s renovation. Several months later, the Foundation took another school under its wing. SDN 28 is located in Kampung Keramat, Banda Aceh, and became the 2nd Manulife School in Aceh. The school, with a current enrollment of 182 students and 20 teachers, lost 60 children to the December disaster – 10 confirmed deaths and 50 still considered missing. Three teachers also perished. Since September 2005, the Foundation has been renovating the school, making significant enhancements to the original structure by adding a newly outfitted library, new sports facilities, a principal’s office and common room for the teaching staff. The school was officially reopened on December 13, 2005 and now is known as SDN 28 Manulife. The Foundation donated US$22,000 (IDR200 million) for the school’s renovation. The company’s Banda Aceh branch helps monitor both schools. Each semester, Manulife Care Foundation also receives update about the schools and their students from their respective headmasters. In April 2006, the new Manulife Indonesia President Director David Beynon made his first visit to the two schools. Pen-Pal Program Manulife set up a pen-pal scheme in September 2005 with the children in Aceh and head office in Canada. With this program, the children are able to correspond with their peers in Canada, share experiences and more importantly, helps with rehabilitation. More than 75 participants take part in this activity.