Microfinance Council of the Philippines Website

The Microfinance Council of the
Philippines, Inc. (MCPI) is a network of
44 institutions working towards the
rapid development of the microfinance
industry in the Philippines. The 45
institutions include 36 practitioners and
9 service providers. While membership
among the practitioners is currently
dominated by non-government organizations
(NGOs), the roster of practitioners also
includes microfinance-oriented rural banks
and one thrift bank.

There are two types of membership in
MCPI: regular and associate membership.
Regular members are institutions engaged
in retail microfinance operations;
membership is restricted to NGOs, thrift
banks, development banks, rural banks,
cooperatives, and credit unions. To
become a regular member, the MFI
must have a minimum number of 1,000
active clients and a loan portfolio
outstanding of at least PhP 3 million.

Regular members have full voting rights and the opportunity to participate in the governance of the network. Associate members are restricted to private and local organizations engaged in the wholesale of microfinance loans, network organizations that assist MFIs, and technical service providers. Government agencies and other institutions interested in microfinance development are listed as allies in the Council registry of members.

The governing body of MCPI is composed of 7 members of the Board of Trustees elected by the regular members. The Council currently operates with a full-time Secretariat staff of five persons.

MCPI has forged local partnerships with government agencies and institutions such as the Bangko Sentral ng Pilipinas (BSP), Department of Finance-National Credit Council, National Anti-Poverty Commission (NAPC), People’s Credit and Finance Corporation (PCFC), Land Bank of the Philippines, and the National Economic and Development Authority (NEDA).