The Philippine Rural Reconstruction Movement (PRRM) was established in 1952 and is committed to the cause of Filipino peasants. PRRM’s sustainable livelihood and enterprise development strategy aims to contribute to household food security, increased incomes, and building sustainable livelihood systems. Alternative finance programs that involve the extension of financial services to the poor are implemented under this strategy.
Two PRRM chapters, North Cotabato and Camiguin, and Stichting Kapatiran Philippines, Inc. participated in a training and mentoring assistance (TAMA) with SEDPI. The TAMA resulted in financial product designs that are fit to the needs of the target markets; in improved portfolio quality; and in efficient information systems among others.