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
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;
Download PDF Number of Downloads
Published in 2005 and available in the BWTP or Downloaded 363 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.