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Angeles planters devbank


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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>