Microfinance Council of the Philippines
The Microfinance Council of the Philippines, Inc. (MCPI) is a network of 44 institutions working towards the rapid development of the microfinance industry in the Philippines. The 45 institutions include 36 practitioners and 9 service providers. While membership among the practitioners is currently dominated by non-government organizations (NGOs), the roster of practitioners also includes microfinance-oriented rural banks and one thrift bank.
There are two types of membership in MCPI: regular and associate membership. Regular members are institutions engaged in retail microfinance operations; membership is restricted to NGOs, thrift banks, development banks, rural banks, cooperatives, and credit unions. To become a regular member, the MFI must have a minimum number of 1,000 active clients and a loan portfolio outstanding of at least PhP 3 million.
Objectives
- To help members serve significant numbers of poor households with financial and non-financial services.
- To promote the adoption of poverty assessment tools and social performance monitoring systems.
- To promote the adoption of and adherence to international performance standards.
- To advocate for a policy environment that is conducive to the growth and development of a market-oriented microfinance sector.
- To help build members' capacity for innovation that enhances the development of a market oriented microfinance sector.
- To promote market-oriented microfinance products and services.
- To initiate the conduct of international and national forums for best practice microfinance.
- To mobilize resources and to network with government, donors, funding agencies, investors, and financial markets in order to enhance the development of the microfinance sector.
Contact Details:
The Secretariat, Microfinance Council of the Philippines, Inc.
Unit 1909 19th Floor, Jollibee Plaza
Emerald Avenue, Ortigas Center, Pasig City
Phone: (02) 631-5920/6184, TeleFax: (02) 631-5920
Email: secretariat@microfinancecouncil.org
Web: www. microfinancecouncil.org
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January 1st, 2009 - 15:26
Dear Sir/Madam,
I have small business that i started few months ago.I would like to make it more better and to make good money but i don’t have enough money to finance for it.Will you guide me how to join in this Organization.I would like to loan for my business.Thank you.
Regards,
Rhodora
August 24th, 2009 - 16:35
ahm… i want to have a small business but i donont have enough money to start my own business.. Im asking for assistance in terms of finance…thenk you^^
September 3rd, 2009 - 11:31
Gud day! I want to start up a new business but i don’t have enough money for my business. I’m looking a microfinance for assistance. Thank you very much.
January 5th, 2010 - 02:54
Good day!!! I want to start a computer business but i do not have enough money to finance on it. Could you please help me by giving names of microfinance institution in the area of Quezon City. Thank you
January 14th, 2010 - 15:55
I want to put up a computer rental, can you please provide me those microfinancing institutions in the area of taguig?
January 24th, 2010 - 07:13
Good day!… I am currently employed and at the same time have an existing retail/sales business, I want to expand it but I don’nt have enough capital. I need abt 100-150k, please help me. I am willing to undergo training or seminar.