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SANTO DOMINGO. - The Progreso bank donated funds to five social institutions nationwide to support initiatives that positively affect Dominican society, helping the children and orphaned poorest through education.

The action forms part of Progreso’s responsibility in guaranteeing the improvements in its social surroundings, and included economic assistance to the Home of the Virgin Lourdes, a shelter of abandoned  and orphaned children located in Salced, and the Nazaret Educative Center, which runs a school for children  impoverished families in Verón, eastern Higüey

Also benefited were the Albergue Villa Esperanza and the Operarias del Sagrado Corazón de Jesús, in Azua, among others

María Isabel Grullón, Progreso vice president for Communications and Corporate Affairs, said the initiative forms part of the bank’s sustained effort to advance social causes.

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COMMENTS
12 comment(s)
Written by: Atabey, 16 Feb 2012 11:17 AM
From: United States, NYC
Where's Josey the Cat?
Written by: danny00, 16 Feb 2012 11:46 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
guess now the education problem has a fix. thank god or should i say thank the banks for caring about the childrens future.
see their is a god.......
hey! where in the hell {guess their is a devil as their is a god] are the mickey mouse club? i mean the yellow tee shirt gang that wants $4% for education they did not give up i would hope. think they need a leader like joshua or braveheart, {wallace}
is their any breavehearts or joshua in trhe dr.? the israelite's conquered their enemies by blowing their own horns think the dominicans only blow hot air. {and other things it would seem}
Written by: RoyStone, 16 Feb 2012 12:31 PM
From: Australia
How much?
Written by: RobertoJose, 16 Feb 2012 12:45 PM
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
Its a secret, Roy. They'll tell us some other time.
Written by: Ricardolito, 16 Feb 2012 4:17 PM
From: Dominican Republic, vieja Santo Domingo
This is the best kind of business support that we can have ,,a great example of direct philanthropic practice that I would hope other companies would follow ...and also have tax rewards for doing as an encouragement
Written by: RoyStone, 16 Feb 2012 5:02 PM
From: Australia
If I want to give money to charity I would rather do so directly. Dominican banks already provide poor ROI to investors.
Written by: anthonyC, 16 Feb 2012 6:21 PM
From: United States
While admirable and a good cause. These donations do not strike at the heart of Poverty but actually only provide a Band-Aid.
Written by: Ricardolito, 16 Feb 2012 6:55 PM
From: Dominican Republic, vieja Santo Domingo
all good works assist someone and if everyone has an attitude to help others then we are better off , not worse off so I am very conent with the generosity of this bank .
Written by: RoyStone, 16 Feb 2012 7:29 PM
From: Australia
Ricky, so you're happy to receive a lower interest rate, or pay a higher rate on your mortgage?
Written by: josean, 16 Feb 2012 9:11 PM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia

Here I am Atabey aka Mickey Mouse enjoy!:

Another industrial park abandoned

The Santo Domingo West Industrial District (DISDO), built with an investment of RD$150 million, has been left in a state of neglect.

According to Hoy reporter Amarilis Castro Jimenez, much of the property is now grazing ground for horses, despite a series of promises by President Leonel Fernandez to finish the project, which was begun in 2004. Similar in concept to the empty La Canela Free Zone in Santiago, the DISDO industrial park was supposed to house small and medium textile, metal working, carpentry and woodworking shops and create some ten thousand new jobs.

However, construction has been halted for three years and buildings that were nearly ready for occupancy have been looted because of a lack of security. Doors, windows and even sanitation equipment have been removed along with cables, transformers and anything metallic.

Continued:
Written by: josean, 16 Feb 2012 9:13 PM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia

The roads, which were paved, are now covered in animal manure, and horses and cows are the main inhabitants of the area.

The only bright point is the fact that two small businesses are operating in the park: Mega Techo and Ferrox Industrial. According to their managers, they are working in an unsafe environment and this increases their costs. In fact, Gerson Guerrero, the president of Ferrox Industrial, said that they have been robbed four times. Both managers, Guerrero and Martin Domenech of Mega Techo said that if the park were developed properly, the existence of clusters would help lower costs and create more jobs.

Lie-onel doesn't care its no his money being wasted,"HIS" is already well tucked away.

DR1

Written by: josean, 17 Feb 2012 12:19 AM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia

In other economic news:

Thanks to Lie-onel Fernandez and the thieving PLD we now owe more money to Mr. Chavez than to any other creditor.

¡Eh Pa’ Lante Que Vamos! To a Greek Style Collapse!

“RD debt with Pdvsa increased by 32% in 2011”

“Venezuela Petroleum became the main creditor of the RD to overtaking multilateral agencies such as the Inter-American Development Bank, the Andean Development Corporation, the World Bank and the IMF”

almomento.net
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