Manila Teachers Party-list
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The Manila Teachers Savings and Loan Association is a Filipino
political party A political party is an organization that coordinates candidates to compete in a particular area's elections. It is common for the members of a party to hold similar ideas about politics, and parties may promote specific political ideology, ...
and associated financial lending organization that holds party-list representation in the
House of Representatives House of Representatives is the name of legislative bodies in many countries and sub-national entities. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often ...
of the
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. Outside its role in the Congress, it also offers salary loans to public schools teachers. The Manila Teachers Partylist names the youth as the sector it represents and with the added goal to "ensure safe communities for conducive learning and promote national and cultural heritage".


Electoral history

Manila Teachers won its first seat in the
House of Representatives House of Representatives is the name of legislative bodies in many countries and sub-national entities. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often ...
as a party-list group following the 2016 election. The group's seat for the 17th Congress was filled by Virgilio Lacson. They were able to retain their seat for the 18th and 19th Congress, after securing sufficient votes in the
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and
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. Lacson likewise reprised his role as Manila Teacher's representatives for both Congresses.


Electoral history


Representatives to Congress


Operations as a loan agency

The Manila Teachers Partylist also ran as a loan agency under the name Manila Teachers Savings and Loan Association, Inc. (MTSLAI). It offered salary
loans In finance, a loan is the tender of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the debt ( ...
to member public school teachers through its Manila Teachers' Mutual Aid System Inc. (MTMAS). The Department of Education revoked its accreditation in 2023 citing an order from the
Bangko Sentral ng Pilipinas The Bangko Sentral ng Pilipinas (; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Re ...
, the Philippines' central bank.


References

{{Philippines-stub Party-lists represented in the House of Representatives of the Philippines Financial services companies of the Philippines