IFC and CARD MRI Partner to Help Filipina Entrepreneurs Weather COVID-19

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Manila, December 22, 2020— Women entrepreneurs in the Philippines stand to benefit from new loans issued to two of the country’s largest microfinance institutions, which will help keep businesses afloat and save jobs as the Philippines grapples with the economic impacts of the COVID-19 pandemic. The International Finance Corporation (IFC), a member of the World […]

CARD Bank partners with Western Union to widen international-domestic remittance service.

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Driven by its mission in promoting financial inclusion among all Filipinos through its digital innovations and services, CARD Bank, a microfinance-oriented rural bank under CARD MRI, partnered with Western Union to further boost its international and domestic remittance service. Said CARD Bank President and CEO Marivic Austria, “The partnership is one of the key strategies […]

CARD Bank, Tuloy-tuloy ang Serbisyo sa New Normal

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Dahil sa new normal, maraming organisasyon ang sumusubok ng mga bagong pamamaraan sa paghahatid ng kani-kanilang serbisyo. Ang CARD Bank, ang pinakamalalaking microfinance-oriented rural bank sa bansa, ay nagsagawa ng mid-year business review and planning noong Hulyo 8-10, 2020 na may temang “Moving forward to the new normal fueled by the same mission of poverty […]

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 […]