1.
Session
5:
The
Microfinance
Data
Sharing
System
(MIDAS)
Patricia Calilong
BAP-Credit Burea
2012 RBAP-MABS National Roundtable Conference
June 7-8, 2012
Hyatt Hotel & Manila

2.
THE
MICROFINANCE
DATA
SHARING
SYSTEM
(MiDAS)
RBAP
MABS
ROUNDTABLE
08
JUNE
2012
2

3.
RBB
Foundation
3

4.
RBB
Foundation
l RBB Foundation continues Gov.
Paeng’s legacy in developing and
promoting sustainable
microfinance through capability
building.
4

5.
What
is
MiDAS?
l Data Sharing System is the Microfinance
Credit Bureau that allows MFIs to submit
reports, send inquiries and retrieve results
on borrower information.
l Primarily, share data to identify and offer
reform programs to ‘borrowers at risk’
rather than build a traditional negative
list of clients to be used as a ‘caution
list’.
5

6.
6

7.
7

8.
MIDAS
Business
Requirements
Contains only 8 data elements
1. Name of MFI
2. Name of Borrower (Last Name, First
Name, Middle Initial)
3. Birthdate (MM / DD / YYYY)
4. Complete Address (no., street, brgy,
municipality or city, province)
5. Regular Loan Outstanding (Income
Generating Loan)
8

9.
MIDAS
Business
Requirements
Contains only 8 data elements
6. Other Loan Outstanding
7. BAR Type - Explanation why borrower
is classified as “at risk” based on the
definition of client at risk (code
applies only to regular loans). In cases
where the client does not have regular
loan, code applies to other loans.
8. Cutoff date of report of the institution
9

10.
Key
Agreements
with
MiDAS
Participants
1. Reciprocity
o Give = GET
o Voluntary vs. Mandatory
2. Confidentiality
o Info limited to those who are
authorized w/in the institution
3. Retention
o No prescription
o Obligation to report any resolution in
BAR
10

11.
Key
Agreements
with
MiDAS
Participants
4. Required Reports
o Every 30 days
o BAR - Categories
BAR
TYPE
Value
Descrip>on
01-­‐01
FRAUD
–
ride
on
/
loan
sharing
/
dummy
loans
01-­‐02
FRAUD
–
non
remiKance
of
collec>ons
01-­‐03
FRAUD
–
geMng
commission
on
loans
released
of
other
members
02-­‐01
ABSENCE
/
DISAPPEARANCE
03-­‐01
UNDER
LITIGATION
04-­‐01
WRITTEN
OFF
ACCOUNTS
/
BAD
DEBT
ACCOUNTS
05-­‐01
MATURED
LOANS
06-­‐01
DROP
OUT
–
loan
paid
by
center/group/co-­‐member
06-­‐02
DROP
OUT
–
expelled
by
center
member
Restructured
loans
that
incurred
at
least
2
missed
payments
w/o
valid
07-­‐01 reason
11
99-­‐99
OTHERS

12.
Key
Agreements
with
MiDAS
Participants
5. Ownership and Governance
o Data belongs to participating MFIs
collectively
o Create an entity to own and manage
MiDAS going forward
o RBB Foundation plays only an interim role
6. Client Waiver – authorizes MFI to report
client’s name in the BARIS
7. Cost
o Annual Membership Fee – P10, 000
12

13.
Learnings from the Field
1. Challenges in robustness of data
o Cascading of information to users
o Backroom support
o Access problems
o Client Waiver
o Errors in reporting (learning cycle)
o Cut off date and period covered
13

14.
Learnings from the Field
2. The Response
o Technical Working Group refined
business process
o Unique reference number per account (in
group lending) is mandatory
o Changes in status of borrower at risk are
inserted to preserve history of the loan
account
o Workshop conducted for users and
I.T. personnel of MFIs to cascade rules
and allowed sharing of experiences
from using the system 14

15.
Learnings from the Field
2. The Response
o Incorporation of client waiver in PNs
o MFIS slowly acquiring reporting
discipline
o Inquiries are made per loan
application
15

16.
What Makes It Work
1. Reduces cost
2. Multiple exposures to the same BAR
3. Reciprocity
4. Ownership
16

17.
Some
Statistics
(as
of
June
07,
2012)
Region
Province
Count
CAR - CORDILLERA
ADMINISTRATIVE BENGUET
20
REGION
Region Total
20
NCR - NATIONAL GMA - NCR FOURTH
13
CAPITAL REGION
DISTRICT
NCR - NATIONAL GMA - NCR SECOND
9
CAPITAL REGION
DISTRICT
Region Total
22
17

18.
Some
Statistics
(as
of
June
07,
2012)
REGION I (ILOCOS REGION)
LA UNION
7
Region Total 7
REGION III (CENTRAL LUZON)
TARLAC
161
Region Total
161
REGION IV-A (CALABARZON)
BATANGAS
133
REGION IV-A (CALABARZON)
CAVITE
50
REGION IV-A (CALABARZON)
LAGUNA
258
REGION IV-A (CALABARZON)
QUEZON
40
REGION IV-A (CALABARZON)
RIZAL
156
Region Total
637
18

19.
Some
Statistics
(as
of
June
07,
2012)
REGION IV-B (MIMAROPA)
MARINDUQUE
4
REGION IV-B (MIMAROPA)
OCCIDENTAL MINDORO
16
REGION IV-B (MIMAROPA)
ORIENTAL MINDORO
35
REGION IV-B (MIMAROPA)
PALAWAN
283
Region Total
338
REGION IX (ZAMBOANGA
ZAMBOANGA DEL NORTE
6
PENINSULA)
REGION IX (ZAMBOANGA
ZAMBOANGA SIBUGAY
11
PENINSULA)
Region Total
17
19

20.
Some
Statistics
(as
of
June
07,
2012)
REGION V (BICOL REGION)
ALBAY
1
REGION V (BICOL REGION)
CAMARINES NORTE
23
REGION V (BICOL REGION)
CAMARINES SUR
34
REGION V (BICOL REGION)
MASBATE
222
REGION V (BICOL REGION)
SORSOGON
299
Region Total
579
REGION VI (WESTERN VISAYAS)
AKLAN
322
REGION VI (WESTERN VISAYAS)
ANTIQUE
1314
REGION VI (WESTERN VISAYAS)
CAPIZ
347
REGION VI (WESTERN VISAYAS)
GUIMARAS
103
REGION VI (WESTERN VISAYAS)
ILOILO
1282
REGION VI (WESTERN VISAYAS)
NEGROS OCCIDENTAL
25
Region Total
3393
20

21.
Some
Statistics
(as
of
June
07,
2012)
REGION VII (CENTRAL
BOHOL
54
VISAYAS)
REGION VII (CENTRAL
CEBU
406
VISAYAS)
Region Total
460
REGION VIII (EASTERN EASTERN
419
VISAYAS)
SAMAR
REGION VIII (EASTERN
LEYTE
157
VISAYAS)
REGION VIII (EASTERN NORTHERN
907
VISAYAS)
SAMAR
21

22.
Some
Statistics
(as
of
June
07,
2012)
REGION X (NORTHERN
BUKIDNON
7
MINDANAO)
REGION X (NORTHERN
MISAMIS ORIENTAL
72
MINDANAO)
Region Total
79
REGION XI (DAVAO REGION)
DAVAO DEL SUR
8
Region Total
79
REGION XIII (CARAGA)
AGUSAN DEL NORTE
2191
REGION XIII (CARAGA)
SURIGAO DEL NORTE
95
REGION XIII (CARAGA)
SURIGAO DEL SUR
23
Region Total
2309
22
Grand Total = 9574

23.
Some
Statistics
(as
of
June
07,
2012)
BAR
ClassificaMon
Count
01-­‐01
FRAUD
-­‐
ride
on
/
loan
sharing
/
dummy
loans
127
01-­‐02
FRAUD
-­‐
non
remiKance
of
collec>ons
40
02-­‐01
ABSENCE
/
DISAPPEARANCE
156
04-­‐01
WRITTEN
OFF
ACCOUNTS
/
BAD
DEBT
ACCOUNTS
2431
05-­‐01
MATURED
LOANS
6228
06-­‐01
DROP
OUT
-­‐
loan
paid
by
center/group/co-­‐member
36
06-­‐02
DROP
OUT
-­‐
expelled
by
center
member
104
07-­‐01
Restructured
loans
that
incurred
at
least
2
missed
127
payments
w/o
valid
reason
99-­‐99
OTHERS
325
TOTAL
9574
23

24.
… Paeng Microfinance Awards
l Aside from the MiDAS credit bureau, the
RBB Foundation has launched the Paeng
Microfinance awards that will..
- Recognize outstanding MFIs who through
their initiatives have carried out exemplary
work, worthy of emulation.
24

25.
… Paeng Microfinance Awards
l Theme for first year of Awards is
PIONEERING
ü Product or service
ü Delivery mechanism
ü New / remote area or community never been
served by microfinance
25

26.
… Paeng Microfinance Awards
• Winners will earn the distinction of being
a catalyst like Gov. Paeng, i.e, pushing the
frontiers of microfinance forward to
empower microentrepreneurs to help
themselves
• Technical assistance to strengthen MFIs’
commercial sustainability will be
provided to winners by experts from the
field
26

27.
… Paeng Microfinance Awards
l Call for nominations will be on April 1,
2012 with the help of networks, councils,
banking federations/ associations, etc. in
information campaign
l Entry or nominations forms will be down-
loaded from the RBB Foundation website
l MFIs will submit entry or nominations
forms to networks, councils, federations,
etc. of which they are members
27

28.
… Paeng Microfinance Awards
l Networks, etc to rank and endorse to
RBB Foundation top ten MFIs from
among the nominations (criteria to be
furnished by the Paeng Awards Technical
Committee)
l Ranking done by networks, etc will in no
way influence the final outcome
l Awarding is in November 2012.
28

29.
For more information, go to http://
rbb.bapcb.com
29