Teodorico Haresco Believes in the Power of Micro Enterprise Industry


I had the chance to meet Aklan Representative Teodorico Haresco Jr. or more known as Nonong Haresco of the lone district of Aklan last month. I learned that he has a soft spot in his heart for the less privileged. Teodorico Haresco is a proud Ilonggo and is a firm believer in the microenterprise industry and its ability to uplift hardworking individuals who in turn would eventually be able to provide jobs for others in their communities while at the same time help in the development of its socio-economic sector.

This is something Nonong Haresco learned while still young. Back when he I still a student at DLSU, he turned a P2,000 loan from a relative into a buy-and-sell business by purchasing shrimps in Aklan, which he would then sell in Manila.

Finishing with honors in Economics and in Accounting, his determination developed his little startup turned into a 50-hectare prawn-farming venture in his hometown of Ibajay, Aklan and he would find himself catering to big name restaurants in the metro.

After completing his M.A. in International Economics at the McGill University in Canada, Haresco participated in the United Nations Conference on Trade and Development-International Trade Center in Switzerland where his business acumen led to the formation Haresco Trade Specialists Co. and Silver Thread Inc., which exported local capiz shells to the European country.

Congressman Nonong Haresco has authored and co-authored more than sixty house measures including HB00111, an act establishing a mechanism for the sustainable development and use of the island of Boracay; HB00115, an act increasing the bed capacity of Ibajay District Hospital from 25 to 100; HB02239, an act granting P1,000 monthly stipend by way of financial assistance to centenarians; HB02240, an act exempting users of electronic vehicles from the payment of road user’s tax; HB02241, an act to prescribe nutrition labeling for food products; HB02323, an act granting P500 monthly allowance to barangay tanods; HB02414, an act amending section 5 of Republic Act No. 10121, otherwise known as an act strengthening the Philippine Disaster Risk Reduction and Management System; HB02415, an act to combat abuse and increase penalties for crimes against senior citizens; HB03192, an act providing for the establishment of barangay drugstores, otherwise known as “Botikasa Barangay”; HB03366, an act penalizing anti-competitive agreements, abuse of dominant position, and anti-competitive mergers, establishing the Philippine Fair Competition Commission; HB03776, an act empowering the micro, small, and medium enterprises; and HB04335, an act requiring mandatory installation of closed circuit television (CCTV) cameras on major roads included in routes of public utility vehicles among others.

The Aklan Representative is the only Visayan and Aklanon to receive the Philippine Chamber of Commerce and Industry Businessman of the Year Award (2007) and the Deutsche Bank Banker of the Year Award (2005). He was People Asia’s Person of the Year and graced the cover in 2008 and is one of the Modern Day Filipino Heroes (2008), as well as one of 23 Filipinos cited in the book celebrating 347 years of Philippine-British Relations. His company WINSOURCE Solutions Inc. has been a five-time recipient of the Queen’s Awards for Enterprise.

Teodorico Haresco likewise conceptualized the President’s Bridge Programme (PBP) as a parallel intervention to regular government infrastructure programmes. This very successful reengineering model in the Philippines is being duplicated in Sri Lanka, Papa New Guinea, Cambodia, Siberia, and in other parts of Asia.

He is also the principal developer of a nationwide scholarship fund for the children of slain journalists and has put 34 young scholars through school since 2007.

But while his exemplary performance as a Congressman is well documented, nothing gives Aklan Rep. Nonong Haresco more fulfillment than his family. Happily married and a father to four, his contributions to development of Aklan and to the Philippines cannot be denied.

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