Microfinance, an essential tool for the poor’s recovery

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Dr. Jaime Aristotle B. Alip CARD MRI Founder and Chairman Emeritus In the mid-1980’s, at a time when the poor is clamoring for change and transformation, microfinance institutions (MFIs) started offering microcredit for capital with low interest rates, flexible loan terms, and no collateral. This provided the low-income sector with opportunities to establish microenterprises to […]

CARD Bank Microentrepreneur Client hailed as Citi Regional Awardee 2019

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Bangko Sentral ng Pilipinas (BSP), Citi Foundation, and Microfinance Council of the Philippines, Inc. (MCPI) awarded eight outstanding microentrepreneurs in the country for the 2019 Citi Microentrepreneurship Awards on November 26, 2019. Among the 141 nominees from 31 different institutions across the country who competed for the award, Lucrecia Neri, a microentrepreneur client of CARD […]

CARD Bank set up konek2CARD Digital Communities

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As part of CARD Bank’s goal to realize financial inclusivity for all, the bank launched its konek2CARD digital communities in Barangay Santisimo in San Pablo City. Through these digital communities, clients living in the outskirts will not be left behind in accessing affordable financial products and services. These digital communities are provided with free Wi-Fi […]

Wider outreach

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Wider outreach. A total of 101,372 microfinance clients of CARD Inc., and CARD Bank from Candelaria, Tiaong, Sariaya and Quezon will benefit from the newly opened Provincial Office (PO) of CARD Mutual Benefit Association (CARD MBA) in Quezon province at 1125 CTC Gate 1, Malabanban Norte, Candelaria on July 9, 2019. CARD MBA was established in […]

CHD serves Antiqueños

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CHD serves Antiqueños. A series of Community Health Day (CHD) were conducted by Center for Agriculture and Rural Development (CARD), Inc. (A Microfinance NGO) and CARD Bank in the municipalities of Bugasong, Patnogon, Sibalum, San Jose, and Hamtic in the province of Antique on June 24-28, 2019. A total of 1,832 microfinance clients, their dependents, […]