Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Angeles planters devbank

303 views

Published on

  • Be the first to comment

  • Be the first to like this

Angeles planters devbank

  1. 1. SVP Maria Agnes J. Angeles SME North Luzon Lending and Micro Finance Head A Multi-Stakeholder Conference Value Chain Financing for Agriculture and Rural Microenterprises Planters Development Bank April 12, 2011, LBP Auditorium, Ermita, Manila, Philippines
  2. 2. <ul><li>Microfinance Experience </li></ul><ul><li>September 2006 - Merger of Plantersbank and Micro Enterprise Bank Davao </li></ul><ul><li>Establishment of the Microfinance Department under the SME Banking Group in 2007 </li></ul><ul><li>Created a strong unit with solid microfinance experience and reputation </li></ul><ul><li>Started offering the wholesale microfinance loan to top MFI’s through the nationwide PDB branch network </li></ul>
  3. 3. Objectives <ul><li>To better serve as a conduit of funds via wholesale credit to the MFIs </li></ul><ul><li>To serve as a complementing institution rather than a direct competitor of existing MFIs </li></ul><ul><li>To provide scale-up opportunities for existing MFI clients with higher financial requirements </li></ul><ul><li>To push microfinance much faster given greater resources, geographical coverage, and a stronger organization with solid experience and reputation </li></ul>
  4. 4. <ul><li>Value Chain Financing Activities </li></ul><ul><li>Ugnayang Magsasaka ng San Simon (1990) </li></ul><ul><li>Partnership with Canadian Intl. Development Agency (CIDA) - PDB Guarantee Fund (1992-1993) </li></ul><ul><li>Tripartite Agreement for Banana Farmers for Davao </li></ul><ul><li>(DOLE, Uni-Fruitti, Stanfilco) (2005) </li></ul><ul><li>SMFI Tripartite Agreement for the poultry sector (2007) </li></ul><ul><li>Wholesale Lending for Rural Financing Institutions (RFIs) </li></ul><ul><li>and Micro Financing Institutions (MFIs) (2007) </li></ul>

×