Background and History

2004

July 30: SEDPI is established as a private organization providing capacity building services and social investments to microfinance and microenterprise stakeholders.

July: Developed social investments to MFIs

2005

March: SEDPI management team starts managing the Ateneo Microfinance Capacity Building Program

December: Became recognized by international participants through their participation in public-run training courses

2006

March: SEDPI becomes a member of the International Network of Alternative Financial Institutions.

August: SEDPI facilitates the Ateneo-BPI partnership for Microfinance Capacity Building all over the Philippines.

November: SEDPI delivers its first international training course in the Netherlands through Oxfam Novib

December: Inked partnership with World Wildlife Fund to establish microfinance operations in environmental hotspots and to mobilize social investments

2007

March: The Diploma Course in Microfinance is first conducted for the Central Bank of Nigeria.

June: The first training on Financial Literacy for Remittance Senders is given overseas to various migrant groups. The first course on Financial Literacy for Remittance Receivers is conducted in cooperation with Microfinance Opportunities and BPI. These two events mark the start of SEDPI’s advocacy in leveraging remittances for development through microfinance and financial education.

July: SEDPI begins providing capacity building services to MFI partners of the People’s Credit and Finance Corporation (PCFC), the largest wholesaler of microfinance funds in the Philippines.

SEDPI heads are invited as resource persons or facilitators on microfinance and remittances at international conferences held in Benin, Burkina Faso, Luxembourg, and the U.S.A.

November: SEDPI becomes a member of the European Microfinance Platform.

December: Agricultural and Rural Development for Catanduanes, Inc. is successfully rehabilitated, leading to the microfinance industry’s recognition of the effectiveness of SEDPI’s services.

2008

March: SEDPI Capital Credit, Inc. (SCCI) is created to provide wholesale funds to small and emerging MFIs, and to mobilize socially responsible investments.

April: SEDPI delivers the training course The New Frontier: Linking Microfinance and Remittances in Bali, Indonesia under the Academy for Microfinance Development in Asia.

June: SEDPI is accredited as a service provider of the People’s Development Trust Fund of the National Anti-Poverty Commission.

July: A financial education module on microinsurance is pilot tested in cooperation with Microfinance Opportunities.

October: A partnership with Cordaid is established to provide capacity building services and wholesale loans to MFIs, to train remittance senders and receivers on financial literacy, and to provide a guarantee mechanism to Filipino migrant investments. The Netherlands-based Cordaid is one of the world’s biggest international development organizations with a network of almost a thousand partner organizations in 36 countries.

2009

January: SEDPI increases its capacity by providing Technical and Mentoring Assistance to 10 MFIs all over the Philippines simultaneously

March: Set up the first training hub in the Philippines in cooperation with Negros Women for Tomorrow Foundation

August: Conducted research on housing finance for the Philippine Busines for Social Progress

October: Conducted organizational appraisal to the fastest growing MFI in the Philippines, ASA Philippines Foundation, Inc.

2010

February: SEDPI launches online courses on microfinance

May: SEDPI top management participates in the development of a social entrepreneurship curriculum with the National University of Singapore and Ateneo de Manila University

June: SEDPI conducts Financial Literacy for Remittance Receivers nationwide in partnership with Western Union

July: SEDPI is commissioned by the Bill and Melinda Gates Foundation through the Bankable Frontiers Associates to do a study on payment methods Launched online courses

July: SEDPI partners with the British council to conduct trainings on social entrepreneurship

September: SEDPI’s chairperson was invited by the Greenwich University in London to present his research paper on guarantee mechanisms for microfinance institutions

2011

May: SEDPI shared its strategies and showcased achievements on leveraging remittances for development through microfinance in Hyderabad, India.

June: SEDPI participates in the League of Corporate Foundation’s Corporate Social Responsibility Expo advocating social entrepreneurship in the corporate jungle.

November: SEDPI’s CEO was invited as a panelist in the most prestigious international conference for microfinance, the Global Microcredit Summit in Spain.

December: SCCI reaches a portfolio of PhP100 million

2012

March: SEDPI presents its experience on social entrepreneurship at the Asia Summit in Bangkok, Thailand. It also successfully registers SEDPI Social Enterprise Ventures, Inc. (SEDPI SEVI)

April: SEDPI conducts training on social entrepreneurship to university lecturers and signs partnership agreement with CSIP in Hanoi, Vietnam

May: SCCI gets credit line from the Land Bank of the Philippines and accreditation with Department of Agrarian Reform ARCESS

June: SEDPI presents its experience on financial literacy and investment mobilization for migrants in Jerusalem, Israel.

September: SEDPI presents its experience on financial literacy and investment mobilization for migrants in Rome, Italy with the government’s Commission on Filipinos Overseas.

December: SEDPI’s research on OFW personal finance gets featured in 24-Oras of GMA7 and its CEO guested in a TV show on the ABS-CBN News Channel

2013

January: Established SEDPI Foundation

March: Climate Change Commission avails of SEDPI services on designing alternative livelihood and financing scheme to vulnerable groups for climate change adaptation

May: USAID commissioned SEDPI to conduct research, design training collaterals and conduct trainings on financial literacy on the adoption of mobile money in Metro Manila, Batangas and Bulacan

June: Small Business Corporation commissions SEDPI to provide organizational appraisal and technical and mentoring assistance services to three microfinance institutions