The search is on and nominations are underway for the most inspiring micro business owners nationwide
The search is on and nominations are underway for the most inspiring micro business owners nationwide. Bangko Sentral ng Pilipinas (BSP) governor Nestor A. Espenilla, Jr. and Citi Philippines CEO Aftab Ahmed jointly announced the launch of the 16th Citi Microentrepreneurship Awards (CMA) during the recently held annual conference of the Microfinance Council of the Philippines, Inc. (MCPI). Continue reading
Microfinance stakeholders gathered anew for the Annual Conference of the Microfinance Council of the Philippines, Inc. (MCPI) held on July 26-27, 2018 at the Century Park Hotel, Manila. Around 570 microfinance practitioners (NGOs, banks, cooperatives, finance and lending companies), funders, government institutions, donors, investors, and other developmental organizations participated in discussions that centered on this year’s conference theme Going Back to Basics.Continue reading
The pili is not a tough nut to crack after all, especially for an enterprising Bicolana, who was named Microentrepreneur of the Year in the 15th Citi Microentrepreneurship Awards (CMA), presented by partners Bangko Sentral ng Pilipinas (BSP), Citi Foundation, Citi Philippines, and the Microfinance Council of the Philippines, Inc.
The Microfinance Council of the Philippines, Inc. (MCPI) conducted the Training on Accessing Green Energy Solutions through Microfinance on October 9-13, 2017 at the Discovery Suites, Ortigas Center, Pasig City, Philippines. It was organized in partnership with ADA and with support from the Ministère du Développement durable et des Infrastructures (MDDI) of the Luxembourg Government and the Asian Development Bank (ADB). The training program builds on the expertise developed by MCPI from implementing the Developing Sustainable Energy Access (DevSEA) program in 2013-2016.Continue reading
The Microfinance Council of the Philippines, Inc. (MCPI) held its 2017 Annual Conference with the theme Embracing New Milestones and Challenges in Microfinance on July 27-28, 2017 at the Century Park Hotel, Manila. The conference convened more than 450 microfinance practitioners, funders, government institutions, donors, investors, private sector representatives, and other development organizations to discuss milestones in regulation, products and services, partnerships, and investments in the Philippine microfinance sector and how microfinance players have responded to challenges in serving poor and low-income households.Continue reading
Nominations now open nationwide for outstanding micro business owners
Manila – Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr. and Citi Philippines CEO Aftab Ahmed led the launch ceremony of the annual Citi Microentrepreneurship Awards (CMA) held at the Century Park Hotel Manila during the annual conference of the Microfinance Council of the Philippines, Inc. (MCPI).
Now on its 15th year, the awards program has been successful in recognizing entrepreneurs who have overtaken poverty with support from microfinance institutions as partners in financial inclusion and enterprise development. Funded by Citi Foundation, this nationwide search for outstanding Filipino microentrepreneurs is a partnership among BSP, Citi Philippines and MCPI.
In his keynote speech, Governor Espenilla said: “The democratisation of technology, the digital finance policy package of the BSP, and the intensified focus of this government on rural development are just some of the opportunities that the industry should not overlook as it aims to take microfinance to the next level.”
Awardees of the 14th Citi Microentrepreneurship Awards (CMA) were recently feted in their hometowns, as the program hosts Bangko Sentral ng Pilipinas (BSP), Citi Philippines and the Microfinance Council of the Philippines (MCPI) campaigned to celebrate their pioneering work through community town halls.
In these engaging town halls, the eight winners from Luzon, Visayas and Mindanao were joined by their family members, friends and co-members from their respective microfinance institutions.For Luzon Regional Awardee Richel Vargas, her town hall became a venue to inspire others to take the path of entrepreneurship. The tailor-turned- producer and vendor of accessories for bicycle and motorcycle riders brought a message of hope, perseverance, and encouragement to her employees, relatives, neighbors and friends in Antipolo City, Rizal.
First Macro Bank, the microcredit institution that provided Vargas with her much needed seed capital, was represented by president Reginald Ocampo. In his brief remarks, he encouraged the others present to try their hand in business as well, citing Vargas’ story as one that is worth emulating.
The Microfinance Council of the Philippines, Inc. (MCPI) conducted the Social Performance Country Report Dissemination Forum on March 29, 2017 at the Century Park Hotel, Manila. The forum aimed to share the status of social performance management in the Philippines to microfinance institutions (MFIs) as well as other stakeholders in the Philippine microfinance sector, such as the government’s regulatory agencies and allied support institutions. Sixty representatives from thirty-two different organizations attended the forum.Continue reading