Financing Programs Loans and Financing Programs for Micro, Small and Medium Enterprises

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

1. To help members serve significant numbers of poor households with financial and non-financial services.
2. To promote the adoption of poverty assessment tools and social performance monitoring systems.
3. To promote the adoption of and adherence to international performance standards.
4. To advocate for a policy environment that is conducive to the growth and development of a market-oriented microfinance sector.
5. To help build members' capacity for innovation that enhances the development of a market oriented microfinance sector.
6. To promote market-oriented microfinance products and services.
7. To initiate the conduct of international and national forums for best practice microfinance.
8. 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