Jodit Santander Jodit Santander

Rallying Behind Microfinance Institutions: These Heroic Economic Front Liners Likewise Need Help

For the past eight weeks in the Philippines, the COVID-19 pandemic has meant staying indoors and complying with the rules of the enhanced community quarantine (ECQ). For millions of Filipinos, this has also meant eight weeks of zero income with rising expenses for basic necessities remaining the same.  This global crisis is a lingering one and will likely continue until a vaccine is made available.   Until then,  people’s economic survival, living situation, and way of life are endangered…

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Jessica Robredo Jessica Robredo

COVID19 RestartME Advisory 2: Government Assistance Programs for Micro-finance Institutions

The next advisory covers a list of government loan assistance and financing options specific to micro-finance institutions (MFIs). There are 7 programs discussed in details, and it outlines the following important information: eligible projects and borrowers, pre-qualification criteria, credit facility, loanable amount and tenor, interest rates and pass on rates, other relevant information…

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