Author: Mariel Vincent Rapisura
-
Reimagining Farmers as Partners: Leveraging Savings for Credit Risk Mitigation in the Agricultural Sector
Delivered on May 23, 2023 at the Agricultural Credit Policy Council event held at the PICC Financial inclusion remains an essential factor for sustainable economic development, particularly in the realm of the agricultural sector. Having access to a broad range of financial services – which includes not only credit but also savings, insurance, and money…
-
The Maharlika Investment Fund (MIF): A critical examination of the Philippines’ proposed sovereign wealth fund
Sovereign Wealth Funds (SWFs) are state-owned investment funds that are used by countries to benefit their economies and citizens. They consist of various types of assets such as stocks, bonds, real estate, or other financial instruments, often derived from a nation’s surplus reserves. The concept of SWFs originated in the mid-20th century, pioneered by countries with…
-
Profile of nanoenterprises
Nanoenterprises are typically unregistered livelihoods of self-employed individuals or informal solo-preneurs with asset size ranging from PhP3,000 to PhP150,000. They operate businesses alone or with the help of unpaid family members targeting their immediate local communities. Microenterprises are mostly registered enterprises able to hire employees albeit on a minimum wage rate. There are approximately 8.1…
-
Philippine microfinance industry estimates
The Bangko Sentral ng Pilipinas (BSP) defines microfinance as the provision of a broad range of financial services such as deposits, loans, payment services, money transfers and insurance products to the poor and low-income households, for their microenterprises and small businesses, to enable them to raise their income levels and improve their living standards.[1] It is…
-
SEDPI at Opisina ni Senator Risa Hontiveros Nag-abot ng Tulong sa mga Nasalanta ng Bagyong Vicky
“Sagol nerbyos hadlok lagi kay basi manganaod kay paspas kaayo ang pag taas sa tubig og sulod kaayo.” “Magkahalong nerbyos at takot dahil baka maanod kasi mabilis ang pagtaas ng tubig at pumapasok talaga.” Ito ang naramdaman ni Roxanne Amigo habang rumaragasa ang baha na dala ng bagyong Vicky. Kasama sa binaha at na-landslide ang…
-
SEDPI at Ambagan PH Tumulong sa mga Nasalanta ng Bagyong Vicky
Agad na nag-abot ng tulong ang SEDPI at Ambagan PH sa 1,884 na nasalanta ng bagyong Vicky sa Agusan del Sur at Surigao del Sur. Matapos ang tuloy-tuloy na ulan na dulot ng bagyong Vicky sa Mindanao nagdulot ito ng pagbaha at landslide. Kasama sa naapektuhan ay ang mga residente ng Agusan del Sur at…
-
Microinsurance: Abot-kayang klase ng insurance
Pinaka-essence ng insurance ang pooling of risks over a large number of similar units such as households, persons or businesses. Inispread natin ang risk para yung financial loss ay hindi lang sa atin tatama. Insurance should not be treated as an investment Hindi dapat pinagkakakitaan ang insurance dahil hindi ito investment. Para itong bayanihan, you…
-
Forms of insurance
May apat na forms ang insurance – formal, informal, public at hybrid. Pooling of risks over a large number of similar units such as households, persons or businesses ang insurance. Inispread ang risk para ang financial loss ay hindi pasan lamang ng iisa kundi ng marami. Formal insurance Galing sa corporations and cooperatives ang formal…
-
Kinds of insurance
Pooling of risks over a large number of similar units such as households, persons or businesses ang insurance. Pinaghahati-hatian ng maraming ang risks – tulad ng kamatayan, pagkakasakit, aksidente, kalamidad – para ang financial loss ay hindi pasan lamang ng iisa kundi ng marami tao. Term insurance Upon death of the insured, may benefits paid…