Calamity Assistance Fund

RestartME has wholesale financing window for MFI partners who retail softer term loans to their micro-entrepreneur clients.

Since RestartME was organized in 2018, it has disbursed loans through its MFI partners after various natural and man-made disasters.  To date, the portfolio allocation are broken down to extend its assistance to the following: 

• Php30M for Marawi Siege Rehabilitation

• Php13M for Typhoon Tisoy

• Php35M for Taal Volcano Eruption

• Php10M for the Rice Farmers Development Program Assistance (in response to the Rice Tariffication Law).

• Php43M for the COVID19 Assistance Fund 

The range of the loan amount per household is between Php5,000 to Php10,000. Estimated total number of beneficiaries of RestartME so far is 13,000 households.