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 2021-0905
Annual Public Policy Conference Webinar 4: Robust and Healthy Workforce and Closing Program
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
Publication Detail
MCPI 2003-01: Documentation of Product Development Processes in Selected MFIs – Integrative Report

This report integrates the case studies conducted on four microfinance institutions (MFIs) in the Philippines. These MFIs have undertaken innovative and successful microfinance products specifically targeted for poor households. The report looks into the effectiveness of these products, the processes involved in developing the products, and factors that led to the success of the products designed for the poor. The MFIs selected for the case studies were: * Rural Bank of “Sto. Tomas (RBST)”, * “CARD-Mutual Benefit Association (CARD-MBA)”, an insurance company serving the micro-insurance needs of poor households, * “United Sugar Cane Planters of Davao Savings and Credit Cooperative (USPD SCC)”, * “Tubao Credit Credit Cooperative (TCCI)”. The report describes: * The general framework, in terms of the market environment, new product development, and phases of product development. * The institutional set-up of each of the selected MFIs, their operational highlights and their innovative and successful financial products and services. * The following processes involved in product development: o Research to identify needs and opportunities, o Design and pilot testing, o Monitoring and evaluation, o Revision and scaled-up implementation. It identifies the following factors for success: * An efficient product development team, * “Buy-in”, i.e. support for the process of product development within the institution, * Market segmentation, * Market research. It stresses the importance of: * Effectiveness of the product, * The process of product development, * Institutional effectiveness. The report concludes by outlining the implications of these findings.

PinoyME Foundation
Authors Keywords
Dingcong, Clarence G.; microfinance; microfinance institutions;
Download PDF Number of Downloads
Published in 2003 and available in the MCPI or Downloaded 342 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.