Category: Microfinance
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Almost 4 in 10 nanoenterprises bounce back to pre-pandemic level
Update 10: SEDPI Rapid community assessment on the impact of COVID-19 to nanoenterprises Two months after the government started easing lockdowns in most parts of the country, 36% of nanoenterprises reported to have bounced back to pre-pandemic level. In May, only 18% expected to bounce back within one month which may be a good sign…
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Plight of Microentrepreneurs in the Philippines Part 1 of 3 Sari-sari Stores
Never too Small for Hope- Part I Doing business is largely a family affair in the Philippines – 80% of enterprises are family-owned or family-controlled. Microenterprises are the most intimate and the most common of these businesses. Nine of out of 10 MSMEs in the Philippines are microenterprises. Their kinship is the most deep-rooted because…
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ARBOs Remain Covid-free
Agrarian Reform Beneficiary Organizations (ARBO) in Sarangani, Sultan Kudarat, Maguindanao, and Lanao del Sur Provinces remain covid free. This is the result of the ARBO covid-19 quick assessment conducted by SEDPI on April 20-24, 2020. While some ARBOs have completely stopped operations, 36% or ten (10) out of twenty-eight (28) participating ARBOs continue to provide…
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Update 3: Community assessment and recommendations for support to microenterprises and the informal sector during and after COVID-19
SEDPI is a group of social enterprises that provide capacity building and social investments to development organizations and directly to microenterprises. We serve ~8,000 microenterprises in Agusan del Sur and Surigao del Sur, two of the poorest provinces in the Philippines. Most of our members, about nine in 10, are women with an average age…
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Position Paper on Section 3.01 of the IRR of RA 11469 Section 4 (aa)
The COVID-19 pandemic continues to pose serious threats to health and has already disrupted the economy. This prompted the government to enact Republic Act No. 11469 otherwise known as the “Bayanihan to Heal As One Act,” declaring a state of national emergency in order respond to the urgent needs of the people. It is in…
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SEDPI inks partnership with SSS to bring social safety nets to low income groups
“SEDPI believes that the marginalized sector should be the first to enjoy the benefits of government services,” Vince Rapisura, SEDPI President, said in a statement on the occasion of its Memorandum of Agreement signing with Social Security System (SSS). “Our partnership with SSS will realize this so that low income groups will benefit fron social…
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SEDPI pioneers impact investing fora in 9 countries
“I found Vince Rapisura on Facebook and he constantly discusses being a social investor. Through him, I learned that investing can create more value than just mere profit. We can select investments that have a conscious goal of making a positive impact on society,” said a social investor in an online forum. Impact investing are…
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SEDPI joins key financial stakeholders in Finovation 2019
Social Enterprise and Development Partnerships, Inc. (SEDPI) is the country’s premier capacity builder in the fields of social entrepreneurship, microfinance and financial literacy. SEDPI, represented by its founder and president Vincent Rapisura, joined eCompareMo’s Finovation 2019 to contribute to a clearer and more solid path towards greater financial inclusion. He served as the moderator of…
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Strengthening farmer organizations Mindanao to alleviate poverty and accelerate peace process
Mindanao is considered one of the wealthiest islands in the Philippines in terms of natural resources. It boasts plenty of natural resources, producing 40% of the country’s food needs (OECD, 2013). Further, one-third of the island’s land area is considered agricultural (Francisco, 2017). Despite these considerable assets, the island has continuously been a place of…