News Archives

Community Development – Best Village Competition

Thursday, May 24th, 2018

Mayaro Secondary School (Career Day)

Monday, April 16th, 2018

Rio Claro Heritage Festival

Monday, March 26th, 2018

Community Development – International Womens Day 2018

Saturday, March 10th, 2018

MIPED Client Children Christmas Treat 2017

Friday, December 29th, 2017

MIPED Client Children Christmas Treat 2016

Saturday, September 16th, 2017

THE true spirit of the season was on full display during the Christmas treat hosted by the Mayaro Initiative for Private Enterprise Development (MIPED) at the bpTT Mayaro Resource Centre on December 17th.

Five-year-old Anna-Marie Harry, was one of the hundreds of kids who attended and had a merry time, “I got lots of snacks and played and had fun. I also met other children to play with and I’m glad that my mommy and aunty took me to meet Santa and celebrate Christmas.”

MIPED is the first micro-finance lending organisation sponsored by a private non-financial company in Trinidad and Tobago. Started in 2002 by BP Trinidad and Tobago, the organisation’s mission is to develop Mayaro and environs into a model community, creating self-sustaining employment, improving training and business opportunities to help build self-esteem and improve the quality of life.

Asraph Ali, Chairman of MIPED, explained the significance of the function. “This event is multifold in its purpose, although the main objective is giving these kids a wonderful Christmas experience. We use this treat to show appreciation to our clients and it is a great opportunity for them to interact and network towards creating a stronger Mayaro community. We have a great time sharing and celebrating the Christmas spirit, and it really is a highlight of the year for me,” Ali explained.

Since inception, MIPED has lent over $80 million through more than 3,900 loans that have facilitated the establishment of businesses and the creation of hundreds of permanent and temporary jobs.

MIPED General Manager, Rory Jitta explained that the organisation has become an essential aspect of the economic and social landscape of the south-eastern community. “Although MIPED’s statistics are impressive, our real success is in our ability to make a meaningful impact on the quality of life for our clients and by extension, the community of Mayaro. This treat is the result of the hard work of many persons and I would like to thank BP Trinidad and Tobago, the staff of the bpTT Mayaro Resource Centre, Jay’s Toy Box, and all of the parents and volunteers who make this event magical for everyone, especially the kids,” Jitta explained.

The MIPED Christmas treat featured bouncy castles, face painting, balloon art and endless snacks for the kids including snowcones, popcorn, doubles and pholourie. There was a wonderful singing performance by the Newlands Carollers, but the highlight of the event was the giving of gifts to every child in attendance.

For Allison Ramkissoon of Kernaham Village, who was kept on her toes by her two kids Jason and Imani, it was a day not to be forgotten, “It’s wonderful that MIPED shows appreciation to us and maybe this is the only financial institution that actually invests in the happiness of its clients. They helped us when we needed a loan to plant watermelon and beyond facilitating funding, they showed us genuine care and attention. MIPED is like one big family and this treat exemplifies that sentiment. I would like to wish them the best for the season and for the New Year as they continue their work in making Mayaro a better place.”

National Energy Skills Centre

Friday, September 15th, 2017

MIPED General Manager Rory Jitta gives presentation at NESC Mayaro Campus, to encourage NESC trainees to start their own businesses with funding from MIPED.
MIPED General Manager Rory Jitta gives presentation at NESC Mayaro Campus, to encourage NESC trainees to start their own businesses with funding from MIPED.

Community Development Day

Thursday, September 14th, 2017

MIPED Loan officer Marisa Rojas chats with prospective clients about MIPED Programme at Community Development Day Celebrations in Guayaguayare.

MIPED Client Children Christmas Treat 2015

Saturday, December 12th, 2015

The spirit of the season was in full swing at the bpTT Mayaro Resource Centre as hundreds of children and their parents enjoyed a Christmas treat hosted by the Mayaro Initiative for Private Enterprise Development (MIPED).

It was a wonderful experience for six-year old Alexander Dhanessar from Rio Claro, “I had so much fun with my mommy and baby sister. We got snacks, snow cone, ice cream, cake and popcorn and so much nice food. And there was a bouncy castle and face painting and even Santa came to give out gifts. MIPED people are very nice. This was the best treat ever.”

Led by Chairman, Asraph Ali, MIPED has become an indispensable part of the economic and social landscape of Mayaro and environs. “This end-of-year event is simply about spending quality time with the families who form part of the MIPED family. It was wonderful to share this experience with the kids and see the excitement in their eyes. I must commend the entire MIPED staff for their hard work in making this event a seamless success and a good time was definitely had by all,” Ali explained.

Samuel Harry brought his children and grandchildren to the festivities. “MIPED helped me when no one else could and I am very grateful. It is wonderful to see an organization really become integrated with the community it serves,” Harry said.

Rory Jitta, MIPED General Manager, was all smiles at the end of the day, “With every dream that each client achieves through our assistance, we become more successful. The excitement and sheer joy expressed by the kids is really what this season is about and it was a pleasure to share that with them today. We hope that 2016 brings with it happiness and prosperity for all of our clients and the entire south-eastern community that we serve. And we will do our part to make sure that happens.”

Board Of Directors Community Consultation – 22 April 2015

Friday, April 24th, 2015

The Board of directors conducted a community consultation session at the Mayaro Resource Centre where the entire community of Mayaro and environs were invited to interact with the MIPED board. At this session the following was presented by the Chairman of MIPED Mr. Asraph Ali –

  • NO. OF LOANS DISBURSED 2003 TO MARCH 2015
  • VALUE FROM 2003 TO MARCH 2015

The persons present were encouraged to voice their questions, queries and concerns relating to the program and how it benefit the community in the future.