Category: Microfinance
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SCCI Inks Cooperation with Cordaid on Remittances
In 2008, Cordaid and SCCI inked an agreement to create models on how remittances could be leveraged for development through microfinance. The cooperation consists of a guarantee mechanism from Cordaid for OFW investments to SCCI and conduct of financial literacy trainings to both remittance senders and receivers. Cordaid is one of the world’s biigest international…
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Peace and Equity Foundation
PEF is a non-stock, non-profit organization that provides financial support to projects that respond to the problems of poverty and marginalization. The Foundation envisions empowered communities that: have basic needs of life; are engaged in sociocultural and economic activities; and participate meaningfully in local governance. PEF addresses the needs of the urban and rural poor…
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SEDPI-CORDAID MFI Capacity Building Program
SEDPI strives to make its provision of capacity building interventions affordable and accessible particularly to small and medium microfinance institutions. Although it offers the most affordable capacity building services, it is not dependent on subsidies to ensure the continuous provision of services. It has employed the following strategies to make this happen: (a) employing brilliant,…
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AMiDA taps SEDPI as Resource Person in Bali, Indonesia
In April 2008, the Academy for Microfinance Development in Indonesia (AMiDA) invited SEDPI’s president, Mr. Mariel Vincent Rapisura, to be part of the first faculty to deliver trainings in AMiDA. Mr. Rapisura delivered a training on entitled: “The New Frontier: Linking Microfinance and Remittances.” The participants evaluated the delivery of Mr. Rapisura at 4.78 from…
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PBI Achieves Microfinance Standards
Progressive Bank Inc. (PBI) is a rural bank operating in Panay Island. Considered as a significant player in its market, PBI enjoys a Php 116 million portfolio with 15,000 clients and although it has a near perfect performance boasting a 2% Portfolio at Risk Ratio, its management still feels there is plenty of room for…
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SEDPI Conducts Training in Nigeria
With plans of supporting microfinance institutions in its country, members of the Central Bank of Nigeria (CBN) traveled to the Philippines to attend trainings at the Ateneo and visit a well-established microfinance cooperative in Manila. Not long after, CBN employed the services of their Ateneo trainers, SEDPI, to capacitate its staff on microfinance. The partnership…
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ARDCI Posts Net Income for the First Time
The Agricultural and Rural Development for Catanduanes, Inc. (ARDCI) is a non-government organization operating a microfinance project. It received funding from the Eurpoean Union until 2002. The organization operates in the provinces of Albay, Catanduanes, Camarines Sur and Sorsogon. It envisions itself as a sustainable institution for the economic empowerment of the enterprising poor in…
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Reaching More MFIs with PCFC
Being one the major microfinance wholesalers in the country, the Philippine Credit and Finance Corporation, familiarly known as PCFC, aims to (vision/outreach). It differentiates itself from other wholesaling institutions by providing regular trainings to its microfinance clients. In 2007, it commissioned SEDPI to develop and lead its trainings in various key cities in the country.…
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People’s Credit and Finance Corporation
The Philippine Credit and Finance Corporation (PCFC), one the pioneer microfinance wholesalers in the Philippines, commissioned SEDPI to develop and lead its trainings in various key cities in the country. After sending two of its staff members to attend Financial Analysis training at the Ateneo, PCFC saw it fit to contract SEDPI as trainers for…