Category: Microfinance
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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…
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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…
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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…
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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,…
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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…
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Low Usage of Mobile Money in the Philippines
Contrary to popular belief, there is low usage of mobile money in the Philippines. This is one of the main findings of SEDPI’s qualitative research conducted on August 2010. Almost all of the respondents have little or no knowledge about mobile money. The research aims to gain better understanding of the domestic demand for payment…
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Ateneo-BPI Holds Training in Vigan, Ilocos Sur
A total of 15 participants coming from several microfinance institutions in Northern Luzon attended the “Fundamentals and Methodologies of Microfinance” training held at the Nueva Segovia Cosortium of Cooperatives in Vigan, Ilocos Sur on January 28-30. The training is the first offering for 2008 of the Ateneo-BPI Partnership to provide capacity building services to microfinance…
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SEDPI Conducts Microfinance Immersion for Nigerian Government Agencies
To usher the new year, SEDPI conducted a five-day study tour entitled “Microfinance Immersion: A Study Tour of the Philippine Microfinance Industry” for Nigerian government agencies. The government agencies come from the Central Bank of Nigeria, Nigerian Deposit and Insurance Corporation, Ministry of Finance, and the National Association of Small and Medium Enterprises. The participants…