Wholesale Microfinance Program

Wholesale Microfinance Program 2

Wholesale Microfinance Program A lending facility of Small Business Corporation to microfinance institutions (MFIs) which have the organizational capability or strength to provide sustainable credit access to borrowers in the livelihood sector. [caption id="" align="alignnone" width="500"]financing photo Photo by Got Credit [/caption] Target End-Borrowers: Pre-enterprise micros, which are either start-up or graduating micros. Type of Facility: Credit Line Microfinance Facilities: - MICRO-LEAD. Micro-lending through lead microfinance institutions (MFIs) whose lending portfolio and organizational structure are predominantly or at least 60% microfinance; - MICRO-LOCAL. Micro-lending through MSME-oriented rural banks; and, - MICRO-LEAP. Micro-lending through small microfinance providers such as community cooperatives and local non-government organizations (NGOs) or people’s organizations (POs) who do not meet the SBC standards under MICRO-LEAD. Contact: SMALL BUSINESS CORPORATION (Small Business Guarantee and Finance Corporation) 17th & 18th Floors, 139 Corporate Centre, Valero Street Salcedo Village, Makati City

Source: Business Diary Philippines

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