Microfinance Council of the Philippines

Bicolana finds fortune in pili oil; bags top plum in 15th Citi Microentrepreneurship Awards

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.
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Green Energy Solutions through Microfinance

October 13, 2017adminNews

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 2017 MCPI Annual Conference: Embracing New Milestones and Challenges in Microfinance

August 15, 2017adminNews

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…

BSP, Citi and MCPI launch 15th Citi Microentrepreneurship Awards

August 7, 2017adminNews

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).

Citi Philippines CEO Aftab Ahmed (leftmost) and BSP Governor Nestor Espenilla, Jr. (2nd from right) led the launch ceremony. They were joined by (from left) CMA national winner Honie Navor, Philippine Daily Inquirer chairperson Marixi Prieto and MCPI chair Fr. Jovic Lobrigo.

Citi Philippines CEO Aftab Ahmed (leftmost) and BSP Governor Nestor Espenilla, Jr. (2nd from right) led the launch ceremony. They were joined by (from left) CMA national winner Honie Navor, Philippine Daily Inquirer chairperson Marixi Prieto and MCPI chair Fr. Jovic Lobrigo.

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.”
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