MANILA, Philippines – The Bangko Sental ng Pilipinas (BSP) has issued an order defining microfinance clients entitled to the presentation, marketing, sale, and servicing of microinsurance products by thrift, rural, and cooperative banks. Read the rest of this entry »
BSP identifies clients entitled to microfinance
June 3, 2011
Regulators: PH microfinance robust
January 3, 2011
REGULATORS in the Philippines, regardless of the state of the microfinance elsewhere, insist on the continued robustness of an industry worth some $30 billion globally and around P7 billion within the country’s borders. Read the rest of this entry »
RP scores big in providing microfinancing to poor
October 29, 2010
The Philippines ranked second overall in microfinance environment among all the developing countries in the world but still inferior in investment climate, according to The Economic Intelligence Unit index. Read the rest of this entry »
RP world’s second best in microfinance
October 12, 2010
MANILA, Philippines – The Philippines has been ranked second best worldwide in the microfinance business, and the leader in the Asia Pacific region. Read the rest of this entry »
Micro-finance credit not enough to uplift poor–loan manager
July 7, 2010
DAVAO CITY, Philippines — The loans being offered by microfinance institutions are simply not enough to uplift the lives of the poorest of the poor, according to a ranking official of the Microfinance Council of the Philippines (MCPI). Read the rest of this entry »
Microfinance balloons into P12-billion industry
April 19, 2010
FROM just a handful of lenders and several thousand borrowers in the 1970s, the business of microlending and microfinance has ballooned into a P12-billion industry serving an estimated 7 million poor Filipinos, most of them women. Read the rest of this entry »
Lilia sells food in the streets but hasn’t heard of microfinance
March 10, 2010
MANILA, Philippines—Life could have been easier for Lilia Roseryo had she been a beneficiary of a microfinance program, a government blueprint to ease poverty. Read the rest of this entry »
EIU ranks RP best in microfinance
February 17, 2010
MANILA, Philippines – The Economist Intelligence Unit (EIU), the business information arm of The Economist Group, has declared the Philippines as the best in the world in terms of its microfinance environment. Read the rest of this entry »
Trouble at Grameen Bank?
February 10, 2010
Repayment rates are falling at the world’s most famous microfinance institution, Grameen Bank. David Roodman is worried: Read the rest of this entry »
