Author Archives: Mariel Vincent Rapisura

Financial Literacy for CASS Beneficiaries

by Carlo Niño Yacob The Climate Adaptation Support Services (CASS) project intends to develop communities in Siargao Island, Surigao del Norte, toward climate-resiliency through economic empowerment. Climate Change Commission (CCC) in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) implements CASS. With financial support in the form of cash transfers coming from the government, it […]

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SDFI’s Net Income Soars by 46% in 2015

SEDPI Development Finance, Inc.’s (SDFI) net income jumped by 46% from PhP3.44 million in 2014 to PhP5.03 million in 2015. This is the highest net income of SDFI on record. The surge in net income is on the back of modest asset growth of only 9% that is an indicator of a more efficient use […]

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Challenge of Integrating Crop Insurance in Agricultural Financing

By Romeo Arahan Jr. SEDPI recently concluded the MFI Credit Support to Agri-production and Enterprises of Agrarian Reform Beneficiaries or ARB Households and Rural Women in the Program Beneficiaries Development Model Areas project of the Department of Agrarian Reform (DAR) on July 2015. During the contract period, SEDPI was able to formulate micro-agricultural loan products […]

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Union Bank Approves 30M Credit Facility for SEDPI

   Union Bank approved a PhP30M credit facility for SEDPI Development Finance, Inc. SEDPI intends to use the funds to extend loans to microfinance institutions and social enterprises. On January 27, 2016, Union Bank top executives welcomed the SEDPI team in a meeting held at the Union Bank headquarters in Ortigas Center, Pasig City. “What […]

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Adopting Technology to Improve Microfinance Efficiency

By: Bea Arnela Parungo RAFI Microfinance (RMF) has constantly been revolutionizing their operations through breakthrough innovations. Last April, RMF upgraded its Management Information System (MIS) to improve efficiency in operations. On-field account management and record-keeping using the mobile application eliminates redundancies and reduces total work load. Instead of recording in collection sheets, the field staff […]

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CCC Launches Community of Practice

By: Miguel Roberto Parungo In an effort to create more relevant discussions on the issues of climate change, the Climate Change Commission (CCC) launched the Climate Change Community of Practice (ccc-cop.org) last December 18, 2015 at Novotel in Araneta Center, Cubao, Quezon City. The Community of Practice (CoP) serves as a platform in storing and […]

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Traditional Investing Versus Socially Responsible Investing

By: Gio Naidas and Mariel Vincent Rapisura Investing is the act of purchasing a financial product, asset, or other item of value with an expectation of favorable future returns. Investments provide the benefit of generating passive income which helps us attain our financial goals, afford higher standards of living and at the very least beat […]

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Pulilan LGU Adopts Mobile Money

by Denise Subido Today’s world is made smaller and more convenient through the use of technology. What was once impossible or inconvenient can now be done with one touch on your mobile phone. In the Philippines, 80% of households have at least one mobile phone. Aside from making calls, texts and use of internet, mobile […]

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Enabling Access to Government Social Security Services through Microfinance

by Romeo Arahan Jr. It is ironic that the poor get social security through microinsurance from microfinance institutions first before they are able to access government-mandated social security benefits. Based on SEDPI’s research, 90% of microfinance clients have access to microinsurance from MFIs while only 10% have access to Social Security System (SSS), PhilHealth and […]

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Five Emotions That Prevent Financial Success

by Ann Carl Bailey People often believe that financial management is all about money and has nothing to do with emotions. Wrong! Learning to manage your emotions actually helps in making rational financial decisions that works to your advantage. Mariel Vincent Rapisura, president and chief executive officer of SEDPI, speaking to employees of the Department […]

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