News & Events

12th Citi Microentrepreneurship Awards

Bagoong maker hailed 2014 Citi Microentrepreneurship Awards National Winner
After a six-month nationwide search, Bangko Sentral ng Pilipinas (BSP), the Microfinance Council of the Philippines, Inc. (MCPI) and Citi Philippines announced the winners of the 2014 Citi Microentrepreneurship Awards (CMA) in an awarding ceremony held at the BSP last December 3.Continue reading

MCPI participates in 2014 Asia Microfinance Forum

The Microfinance Council of the Philippines, Inc. joined stakeholders including central banks, microfinance practitioners, donor agencies, commercial banks, and technology and software companies from across Asia and outside the region in the 2014 Asia Microfinance Forum (AMF) last August 4-8 in Shanghai, China.Continue reading

ADA, MCPI scale up DevSEA program

The success of the pilot rollout of the Energy Inclusion Initiative (EII), now known as Developing Sustainable Energy Access (DevSEA) program, and the renewed support and commitment of program partner Appui au Développement Autonome (ADA) have prompted the Microfinance Council of the Philippines, Inc. (MCPI) to open its doors to applications for the 2015 rollout of the program. Continue reading

MCPI attends Senegal Social Performance Task Force meeting

The Microfinance Council of the Philippines, Inc., represented by its Executive Director Allan Robert Sicat and the Program Manager for Capacity Building and Social Performance Management Therese Marie Rico, joined other members of the Social Performance Task Force (SPTF) in a week-long annual meeting last June 2 to 6 in Dakar, Senegal. Continue reading

USPD Savings and Credit Cooperative: A Backgrounder

What is now known as the multi-awarded United Sugarcane Planters of Davao (USPD) Savings and Credit Cooperative started as the savings and credit department of the USPD Multi-purpose Cooperative (MPC), an agricultural multi-purpose cooperative established in 1991. In 1996, the El Niño phenomenon that hit the Davao Mill District, the rat and locust infestations that destroyed sugarcane fields, and the unpredictability of sugar prices exposed the vulnerabilities of the members and prompted the USPD MPC to launch the savings and credit department to teach members the value of saving. Continue reading