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

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
PS 2000-01: How Values Create Value: Social Capital in Microfinance - The Case of the Philippines

This paper examines the case of the Philippines to examine the probability of the successful replication of the Grameen approach. The paper discusses: * The importance of norms in microfinance; * Regulation and supervision as key interrelated issues; * The definition of social capital as the shared normative system of an organization; * Measurement of the value of social capital in microfinance; * Three assessment criteria for the value of social capital in microfinance institutions (MFIs) viability, sustainability and outreach; * The transition from financial repression as negative social capital deregulation and the mobilization of positive social capital in the Philippines; * The pitfalls of deregulation; * Prudential regulation and supervision in the Philippines. It then examines: * The success of the Grameen Bank in Bangladesh and its self-regulated normative framework; * The possibility of effective replication of the Grameen model in other countries; * Grameen replicators in the Philippines, their struggle for donor funds and viability; * Two case studies of successful Grameen replicators in the Philippines. The paper concludes that Grameen replicators are not always sustainable and do not reach the poor in sufficient numbers; however, successful replicators follow certain sound practices that are the hard core social capital of the original Grameen approach.

PinoyME Foundation
Authors Keywords
Llanto, Gilberto M.; Quinones Jr., Benjamin R.; Seibel, Hans Dieter; microfinance; social capital; Grameen Bank Approach;
Download PDF Number of Downloads
Published in 2000 and available in the Policy Sciences or Downloaded 368 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)
If Prefer to self-describe, please specify:
Level of Education:
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.