The Microfinance Council of the Philippines, Inc. (MCPI) evolved out of a USAID-funded project entitled “Developing Standards for Microfinance Project” (DSMP) that started in mid-1996 and continued until the end of 1999. The microfinance institutions (MFIs) that were part of the DSMP decided to form an association or network and the resulting organization, MCPI, was registered with the Securities and Exchange Commission (SEC) as a non-stock corporation in June 1999. As of December 2021, MCPI has grown to comprise 66 institutions including 55 regular members and 11 support institutions. Its regular members include 33 microfinance non-government organizations, 12 banks, 7 cooperatives, 1 finance company, and 2 regional networks. It is estimated that MCPI members account between 80-90% of the total active outreach of the microfinance sector in the Philippines.
External na link para sa Microfinance Council of the Philippines, Inc.
Pasig City, Metro Manila, PH
MCPI, in partnership with Citi Foundation and with the support of the Bangko Sentral ng Pilipinas (BSP), held the awarding ceremony for the 3rd Digital Financial Inclusion Awards on December 13, 2024 at the BSP. 16 microentrepreneurs and 6 institutions were recognized for their achievements in the digitalization of their operations.
MCPI conducted a Learning Exchange Workshop on Environmental Performance Management (EPM) today, November 28, 2024. In partnership with Cerise+SPTF, MCPI started implementing this initiative in 2024 that aims to support financial service providers on EPM through awareness-raising, environmental performance assessment, and action planning. 56 participants from 19 institutions attended the workshop. We would like to acknowledge OnePuhunan, K-Coop, Simbag Microfinance and the BSP for sharing their EPM and Sustainability initiatives.
RPMI client Elem Domingo speaks of his observations on the difference between organic and conventional rice farming. Under the Sustainable, Integrated, and Climate Adaptive Practices (SICAP) training for agri-based enterprises, Elem received one-on-one coaching and mentoring on organic farming method. SICAP is one of the knowledge and capacity building activities under the Green Inclusive Finance (GIF) initiative. The GIF initiative is a partnership of MCPI, ADA, and the Ministry of Environment, Climate and Sustainable Development of the Luxembourg government. RPMI is one of the MFI partners of the GIF initiative.
MCPI was welcomed by the European Microfinance Platform (e-MFP) as its new member during the 2024 European Microfinance Week held on November 13-15, 2024 in Luxembourg. As a member, MCPI was invited to present its experience on Green Inclusive Finance during the working session of the Green Inclusive and Climate Smart Finance Action Group, one of the working groups of e-MFP.
K-Coop member/client Annaliza Abulencia shares her environment-friendly practices at home and how she made it a more energy efficient one. Annaliza learned of these green practices from K-Coop's Growing Resilience, Energy Efficiency, and Environmental Sustainability (GREEnS) awareness campaign under the Green Inclusive Finance (GIF) initiative. The GIF initiative is a partnership of MCPI, ADA asbl, and the Ministry of Environment, Climate and Sustainable Development of the Luxembourg government. K-Coop is one of the MFI partners of the GIF initiative.
Mario Ambal, a vegetable farmer and client of Bangko Kabayan, and his wife Melanie, recount their experience in growing organic eggplant. The switch to organic farming came after Mario attended the Sustainable, Integrated, and Climate-adaptive Practices (SICAP) training workshop for agri-based enterprises which is one of the knowledge and capacity building activities under MCPI's Green Inclusive Finance (GIF) initiative. The GIF initiative is a partnership of MCPI, ADA asbl, and the Ministry of Environment, Climate and Sustainable Development of the Luxembourg government. Bangko Kabayan is one of the MFI partners of the GIF initiative.
MFI partners of MCPI's Green Inclusive Finance (GIF) initiative share their challenges and learning as well as the opportunities in integrating GIF in their institutions. The GIF initiative is a partnership of MCPI, ADA asbl, and the Ministry of Environment, Climate and Sustainable Development of the Luxembourg Government.
WASH Client Stories and MFI Experience in delivering WASH Loans MCPI continues its partnership with Water.org on the WaterCredit Adoption Program to support MFIs in implementing Water, Sanitation, and Hygiene (WASH) initiatives and expanding their outreach.