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

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Publication Detail
BWTP 2005-02: Philippine Country Profile on Microfinance

This paper reviews the microfinance sector in the Philippines. The paper states that * There is a huge market for microfinance services in the Philippines. * Currently, there are three major providers of microfinance services: non-government organizations (NGOs), rural banks and cooperatives. * The increase in competition in the microfinance industry is evident from the rising incidences of credit ‘pollution’ among microfinance institution (MFI) clients. * Microfinance in the Philippines faces challenges in the areas of: o Establishment of a credit information bureau, o Establishment of good governance practices, o Product development skills of MFIs, o Increasing capacity of MFIs, o Regulation of NGOs engaged in microfinance , o Setting performance standards, o Lowering the cost of microfinance delivery. The paper describes: * Regulations and government initiatives for microfinance in the Philippines and lists the following key elements in the national strategy for microfinance: o Development of innovative financial products, o Capacity building of MFIs, o Formulation of an effective supervisory and regulatory framework for MFIs. * The practices of NGOs, rural banks and cooperatives. * Innovations and their role in lowering the cost of microfinance. The paper concludes with information about microfinance providers, finding and supporting organizations, support in terms of policy and networks, technical assistance and training institutions.

PinoyME Foundation
Authors Keywords
ARCM; microfinance; microfinance regulation;
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Published in 2005 and available in the BWTP or Downloaded 363 times since November 25, 2011
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