geo/philippines
Financial Inclusion Week is a week of global conversation on the most important steps to advance financial inclusion. This year, stakeholders explored how new products and partnerships are empowering customers. Building on the momentum, SME Finance Forum member, Mambu, shared stories of their clients who have gone digital to inspire organisations just starting their journey.
Several banks have been invited for the agri-financing sessions to be held at the 19th Davao Agri-Trade Expo (DATE).
The Bank of the Philippine Islands (BPI) ramped up its net income by 25.6 percent in the first three months this year, earning P6.25 billion in profit in the process.
By Benel D. Lagua - Executive Vice President at the Development Bank of the Philippines and an active FINEX member and a long time advocate of risk-based lending for SMEs.
Micro, small, and medium-sized enterprises are a backbone of the Philippine economy. One factor that hinders the growth of these enterprises is their difficulty in accessing finance from banks and other financial institutions. The Credit Surety Fund (CSF) was established to help these enterprises and other organizations become creditworthy and bankable. The CSF is a credit guarantee program initiated by the Bangko Sentral ng Pilipinas that enables enterprises and cooperatives to gain easier access to loans from banks without providing collateral.
Most prominent solutions call for the use of information and communication technology (ICT). Maximizing the opportunities offered by ICT can tremendously benefit various aspects of enterprises, open logistics opportunities, and build business networks and a payment system. Technology should be a strong enabler that makes access to finance simpler, faster, and more efficient.
Date: 20-21 October
Location: Manila, Philippines
Mondato Summits were created to offer clarity amid a chaotic and constantly changing industry. From defining a strong value proposition and forging strategic partnerships to ensuring data privacy and secure authentication, what are the factors must be taken into consideration when designing and implementing successful MFS solutions?
Join the Better Than Cash Alliance for a live webinar revealing the results of a case study on the corporate and SME experiences of digitizing business payments in the Philippines.
Innovative microfinance products have led to great advances in agriculture, renewable energy, and the informal economy, and SMEs (small to medium enterprises) are acknowledged to play an important role in job creation that directly benefits the poor. How can micro-entrepreneurs best be transitioned into SMEs, and how can MFIs help these important players grow and prosper?
Panel discussion during the Asia Microfinance Forum - Shanghai, 4-8 August 2014
