Author: Mariel Vincent Rapisura
-
SEDPI’s TAMA Assists Partner MFI Uncover Fraud
SEDPI once again proved the effectiveness of its capacity building services after a partner microfinance institution (MFI) detected and solved fraud in its ranks. SEDPI delivered Technical and Mentoring Assistance (TAMA) to its partner MFI. TAMA is delivered on a mentor-learner approach as SEDPI social entrepreneurs closely supervise and monitor an institution’s progress towards sustainability.…
-
SEDPI Speaks at The Global Microcredit Summit 2011
SEDPI’s President and CEO, Mr. Mariel Vincent Rapisura, was one of the speakers in a workshop for the fifth Global Microcredit Summit 2011. This year’s summit was held on November 14 to 17 in Valladolid, Spain. It focused on sharing best practices and reviewing the progress of efforts to attain the goals of the Microcredit…
-
SEDPI’s Newest Partner Launches Delinquency Task Force
Community Rural Bank of Catmon, Inc. (CRBC), with the assistance of Social Enterprise Development Partnerships, Inc. (SEDPI) recently established its own Delinquency Management (DQ) task force as a way to strengthen its crusade to manage its delinquent accounts. During the Cebu leg of SEDPI’s Technical and Mentoring Assistance (TAMA) tour in Visayas and Mindanao last…
-
ABS-CBN Features SEDPI Study on OFW Financial Status
SEDPI’s study on the financial status of Overseas Filipino Workers (OFWs) was the highlight of an ABS CBN report. ABS CBN’s Europe News Bureau posted the report which covered SEDPI’s training on Financial Literacy for Remittance Senders in Oslo, Norway last November 5. (Read ABS-CBN Article) Eighty five participants, mostly au pairs in Oslo and…
-
BSP Hails Katipunan Bank’s Portfolio Quality
During the recent Rural Banker’s Association of the Philippines (RBAP) Annual Convention, Bangko Sentral ng Pilipinas (BSP) hailed Katipunan Bank (KB) as best practice in terms of past due with a rate of 2.3%. This arduous feat in the microfinance industry is a manifestation that the rural bank has come a long way since its…
-
SEDPI Trains 106 OFWs on Financial Literacy
Last February, SEDPI conducted five financial literacy trainings in Switzerland and Italy. SEDPI’s President-CEO Vincent Rapisura and Chairman Edwin Salonga conducted the trainings. A total of 106 OFWs attended the training. The training was made possible through the support of Pilipinas-OFSPES in Italy and Samahang Pilipina in Switzerland. According to the Philippine Overseas and Employment…
-
SEDPI Chairperson Presents Paper in London
Mr. Edwin Salonga is one of the nine (9) selected speakers at the international conference on Global Partnerships in Microfinance. The conference is organized by the University of Greenwich, in collaboration with the University of Birmingham and Burgundy School of Business. Mr. Salonga is the Chief Executive Officer (CEO) of the Social Enterprise Development Partnerships,…
-
SCCI Obtains PhP73 Million Loan Facility
SEDPI Capital Credit, Inc. (SCCI) was able to obtain a total of PhP73 million loan facility from BPI-Globa BanKO and Cordaid last September. BanKO increased its credit line to SCCI from PhP15 million to PhP50 million while Cordaid increased its loan exposure from PhP10 million to PhP13 million. Through the increased loan facility, SCCI is…