What PinoyME is doing
PinoyME aspires to be the leader in social investment banking for microenterprises.
PinoyME strives to help the entrepreneurial poor link up to mainstream markets and achieve economic self-sufficiency through productive and sustainable enterprise. PinoyME works for the day that big numbers of micro-entrepreneurs are able to emerge from poverty through enterprise, and actively contribute to the country’s’ economy.
PinoyME helps micro entrepreneurs connect to markets by providing access to credit through MFIs, and by helping various intermediaries (particularly microfinance institutions or MFIs) effectively serve their needs. PinoyME also spearheads efforts to shape national policies that will nourish micro-enterprise development in the country. PinoyME brings into all these areas the resources and expertise of its large network—which includes business leaders, bankers, noted members of the academe and research institutions, NGOs, microfinance experts, government officials and the largest MFI networks across the country.
PinoyME also strives to constantly build up its strength as an organization—in order to deliver financial and capacity building services, sustain operations, and increase equity for leveraging more funding sources. It strives to constantly grow as an entity animated by integrity, innovation and excellence, and commitment to the principles of empowerment, participation, and sustainability.
PinoyME devotes its energies to four key strategies:
- Increasing its outreach in providing capital to unbanked but viable rural enterprises
- Increasing the effectiveness of intermediaries in delivering innovative and excellent solutions to micro entrepreneurs
- Advocating a conducive environment for micro-enterprise development
- Maximizing the use of the PinoyME network
Programs and Services
The PinoyME Foundation acts as a financial consultant of MFIs, advising them on financial plans and business strategies. MFIs benefit from the knowledge and experience of the bankers and financial experts within the PinoyME network, and are able to reduce the risk of falling into unfavorable financ... more info...
PMEF also responds to institutions that express interest in setting up livelihood programs for poor client communities in the rural areas. PMEF offers its services as catalyst, partnership builder, and community enterprise adviser. In the process, PMEF and its partners are able to open up ... more info...
Beyond credit, MEs need assistance to grow their business. Thus, PinoyME also provides non-financial services to intermediary institutions to make them more effective in helping microenterprises break into the mainstream market. ------------------- To increase the effectiveness ... more info...
PinoyME also catalyzes efforts to create an effective policy climate for micro enterprise development. The efforts of a special working group for advocacy has led to the following: A comprehensive compilation and survey of studies on Philippine microfinance and micro enterpri... more info...
Outstanding MEs Take Center StageApril 25, 2013
Around eighty Microentrepreneurs from different regions of the country gathered to participate in the repeat of Pinoy Microeentrepreneur’s Convention dubbed as ME Naman na Naman at the DM Hall, Landbank Plaza, Malate, Manila from March 7-8, 2013. The event, packed with more than sixty guests from various key businesses in the country, was hosted by the President and CEO of PinoyME Foundation, Mr. Danilo Songco. A welcome address was started … read more
ME Naman na Naman!February 12, 2013
In celebrating seven years of lifting lives through microfinance, PinoyME will be hosting ME Naman, Na Naman! Pinoy Microentrepreneurs Convention on March 7-8, 2013 to bring together successful microentrepreneurs to share experiences, attain new knowledge to contribute to the further success of their business, and to connect them to bigger markets. Key business leaders will also give talks and practical tips to inspire and help the MEs in growing their … read more
PH ranks 4th in global microfinance surveyOctober 26, 2012
Source: ABS-CBNnews.com MANILA, Philippines – The Philippines climbed two notches to rank 4th out of 55 countries in an annual global survey on microfinance business environment. The country scored 63.3 points, up by 4.8 points from last year’s Global Microscope on the Microfinance Business Environment, the Economist Intelligence Unit’s report ranking microfinance markets in various countries. The Philippines trailed behind Peru, which grabbed the top spot at 79.8 points, followed … read more
Microenterprises key to inclusive growth – NEDASeptember 22, 2012
The National Economic and Development Authority (NEDA) said that the proposed updated medium-term plan would continue to address the issue of high cost of doing business in the country, in order to develop the microenterprise sector. Dr. Rosemarie Edillon of the NEDA-National Planning and Policy Staff (NPPS) said that industries in the Philippines are polarized and that it is important to address bottlenecks especially those confronting microentrepreneurs. “We have a … read more
The Seven Qualities of Top Filipino Micro-entrepreneursApril 26, 2012
In the recently concluded ME Naman! Convention organized by PinoyME, 80 of the top micro-entrepreneurs from all over the Philippines swapped stories amongst themselves and with convention organizers. The convention may have been put up to benefit the M.E. participants, but through the various life and business lessons which they generously shared, even the organizers found themselves tremendously enriched by the activity.