Alicia Alonzo
Clients
List of MFIs
AD JESUM DEVELOPMENT FOUNDATION, INC. (AJDFI)
Mati, Davao Oriental
AJDFI was registered with the Securities and Exchange Commission in May 1997; although, as early as 1992, staff and management were already involved in micro-lending operations as part of the program of the Diocese of Mati. A wholly owned subsidiary of the Diocese of Mati, it is focused on providing poor families with sustainable and innovative opportunities for transformation towards economic self-reliance and political will power for total human development. In achieving this, one of the strategies employed is to operate in hard-to-reach areas.
It currently has 10 branches, assisting 13,638 clients in the areas of Davao Oriental; Pantukan and Maragusan, Compostela Valley; Panabo City and Carmen, Davao del Norte; Lasang and Paquibato District, Davao City; and Sta. Maria and Malita, Davao del Sur.
Its microfinance clients are poor women (urabn/rural), upland farmers, fisherfolks and Agrarian Reform Community (ARC) beneficiaries. Loan amounts range from P3,000 to P150,000, with a 3 to 6 month cycle. Lending methodology is either group or individual. Aside from credit, savings and microinsurance (MBA) services are also offered.
Financials (As of Dec. 2007)
Total Assets: P107.9M
Total Equity: P14.1M
PAR (1): 5.92%
Net Income: P949,637
Loan Portfolio (Gross): P88.47M
ALALAY SA KAUNLARAN, INC. (ASKI)
Cabanatuan City
ASKI began its operations in July 1987. It is a non-stock, non-profit organization committed to the promotion and development of micro and small-to-medium enterprises and the delivery of social services. It has adapted a three-pronged strategy towards creating a progressive community—microfinance development, integrated community development, and business development and support services. Part of its long-term plan is to set up a training center, marketing center, socialized housing, MBA, foundation and thrift bank.
It currently has 20 branches servicing over 47,000 active clients. Initial operations was focused in the area of Central Luzon, but has recently expanded to Regions 1 and 2 as well.
ASKI prides itself in going beyond microfinance. Before offering loans, it makes sure that the community is prepared to enter into the credit program. Thus, it offers the community livelihood training and infrastructure development assistance. Microfinance loan amounts range from P5,000 to P150,000 and are made available either through group or individual loan products.
Financials (As of Dec. 2007)
Total Assets: P376.54M
Total Equity: P60.03M
PAR (30): 3.50%
Net Income (before grants): P2.6M
Loan Portfolio (Gross): P196.37M
HAGDAN SA PAG-USWAG FOUNDATION, INC. (HSPFI)
Cagayan de Oro City
HSPFI began its operations in March 1988. It is a non-stock, non-profit organization dedicated to the social, economic, and spiritual transformation of the poor people in Mindanao. It will achieve this through microfinance services, capacity building and community development and transformation.
It currently has 6 branches servicing over 13,000 clients. Its branches are located in Cagayan de Oro City, Balingasag and Gingoog City in Misamis Oriental; Iligan City in Lanao del Norte, and Valencia City and Don Carlos in Bukidnon. It has existing operations in Wao, Lanao del Sur and Banisilan, North Cotabato, which are among the 20 poorest provinces in the Philippines.
Programs and services of the Foundation include microfinance (group, individual and micro-agri), savings mobilization, micro-insurance, capacity building, values formation and community development. Clients are women, rural poor, farmers, people’s organizations and fisherfolks. Loan amounts range from P3,000 to P100,000.
Financials (As of Dec. 2007)
Total Assets: P66.2M
Total Equity: P21.1M
PAR (30): 2.89%
Net Income (before grants): P719,884
Loan Portfolio (Gross): P41.33M
KABALIKAT PARA SA MAUNLAD NA BUHAY, INC. (KMBI)
Karuhatan, Valenzuela City
KMBI, which began as a church-based program in 1986, aims to help people in communities live in spiritual and financial abundance. With faith in the Creator as the institution’s cornerstone, KMBI’s ultimate mission is to transform the lives of their clients by providing sustainable microfinance, training, and demand-driven non-financial services.
To date, KMBI has over 135,000 clients served by 42 branches in the regions of the NCR, Pangasinan, CALABARZON, Bicol, Cebu, Davao, North Cotabato, and South Cotabato. KMBI also plans to establish a bank and a training institution for its clients.
Aside from its credit services, KMBI offers a variety of non-financial services which includes community development and entrepreneurial/livelihood skills training. This institution also has a transformation program that instills awareness and promotes active participation among all clients through social, environmental, and spiritual interventions.
Financials (As of Dec. 2008)
Total Assets: P622.8M
Total Equity: P336.8M
PAR (1): 2.54%
Net Income (before grants): P26.6M
Loan Portfolio (Gross): P401.1M
KAZAMA GRAMEEN, INC. (KGI)
Subic, Zambales
KGI was established in 2001 as a merger of three other MFI’s. The name KAZAMA roots from the first two letters of the origin of said microfinance institutions (Kalookan, Zambales, and Malate). KGI is a non-government, non-profit organization that aims to build sustainable financial institutions which are owned and led by economically challenged families.
With over 18 years of microfinance operations, KGI has 25 branches to date. Aside from having a number of branches in the NCR, the institution lends a helping hand in the provinces of Zambales, Bataan, and Pangasinan. As of December of 2008, KGI has served a total of over 44,000 clients in these regions.
The institution aspires to provide continued access to integrated microfinance and social development services to their continuously expanding membership base. In order to achieve this end, KGI intends to extend their reach by establishing two more branches t in Pampanga. This will be essential in their goal to increase their membership by 40% by the end of the year
Financials (As of Dec. 2008)
Total Assets: P145.3M
Total Equity: P71.35M
PAR (1): 5.44%
Net Income (before grants): P7.5M
Loan Portfolio (Gross): P130.7M
KATILINGBANONG PAMAHANDI SA MINDANAW FOUNDATION, INC. (KPMFI)
Upper Buluan, Cagayan de Oro City
KPMFI is a relative newcomer in the field of microfinance as it was only registered with the SEC in 2006. However, its nascent stage as an institution has not hindered its performance in moving towards its overall goal of bringing equity, development, and peace in the Mindanao region as well as in the entire nation.
KMPFI’s most successful enterprise is its Backyard Broiler Production Project which has proven to be a highly successful broiler chicken contract-growing business. Since its inception 18 months ago, this project has grown from 25 households producing 2000 heads, to an impressive 559 households producing 396,000 birds.
Other than the said program, the KPMFI also has several other schemes that also promote equity and growth in the region. The core business of the organization is to transform agri-based poor households to become budding microentrepeneurs.
Financials (As of Dec. 2008)
Total Assets: P20.3
Total Equity: P13.3M
Net Income (before grants): P2.6M
