LATEST PUBLICATIONS
DRN Vol. 39 No.3
Reexamine SHS Programs Employment and Entrepreneurial Objectives
WP-2012-07
Regulatory Impact Assessment Adoption Determinants: A Diagnostic Framework
WP-2012-06
Exploring Responses to the Employment Impact of Excise Tax Reform: The Case of the Philippine Tobacco Industry
WP-2012-05
Mapping Out Employment Opportunities in the Cultural Heritage Sector A Strategic Framework

LATEST AV MATERIALS
PIDS WB 2021-0904
Annual Public Policy Conference Webinar 3: Green And Inclusive Recovery
PIDS WB 2021-0903
Annual Public Policy Conference Webinar 2: Ethical Business
PIDS WB 2021-0902
Opening Program and Annual Public Policy Conference Webinar 1: Resetting Capitalism
PIDS WB 2021-0901
19th Development Policy Research Month Kick-Off Forum
Publication Detail
CRISIL 2004-01: CRISIL's Microfinance Grading Report of TSPI Development Corporation

This microfinance grading report of 'TSPI Development Corporation, Philippines', prepared by CRISIL, assigns it a grade of mfR2, identifying the following: * Positives: o Long track record of over two decades in microfinance; o Superior governance practices; o Solid financial profile and superior accounting policies; o Good asset quality; o Robust systems, processes and controls; o High capability to scale-up and sustain. * Negatives: High operating expense ratio, member dropout ratio, working capital requirement, employee turnover. CRISIL's microfinance grading: * Is its current opinion on the ability of a microfinance institution (MFI) to conduct its operations in a scalable and sustainable manner; * Is assigned on an eight point scale, with mfR1 being the highest and mfR8 the lowest; * Is a measure of the overall performance of an MFI on a broad range of parameters under CRISI's MICROS framework, where MICROS stands for: Management, Institutional arrangement, Capital adequacy and asset quality, Resources and asset-liability management, Operational effectiveness, Scalability and sustainability. The report also provides a country profile of the Philippines that focuses on microfinance, describing its following: * Strengths: o Supportive government initiatives; o Successful transformation of MFIs into banks. * Weaknesses: o Lack of appropriate policy guidelines.

PinoyME Foundation
Authors Keywords
CRISIL; microfinance; microfinance institutions;
Download PDF Number of Downloads
Published in 2004 and available in the CRISIL or Downloaded 326 times since November 25, 2011
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.