TSPI is a non-profit Christian development organization established in 1981 that provides microfinance services including loans, insurance, and training. It established a mutual benefit association in 2006 to offer its microfinance clients life, accidental death, disability and credit life insurance. As of 2010, the association had over 500,000 members and had distributed over 86 million pesos in benefits. It differentiates itself through its low mandatory premiums, paying interest on member equity, its non-profit status, and focus on improving client benefits.

1. 2010 RBAP‐MABS Regional Roundtable Conference
Pan Pacific Hotel, Malate, Manila
November 23, 2010

2. TSPI is a non-stock, non profit
Christian Development
Organization established in
October 1981.

3. TSPI stands for Tulay Sa
Pag-unlad, Inc. which
signifies the developmental
vision of the organization.

4. Our VISION is to see people
live with dignity, sufficiency
and responsibility
demonstrating this through
love and service in their
community.

5. Our MISSION is to provide
individuals and communities
the opportunities to
experience fullness of life
through small and micro
enterprise development.

6. PRODUCTS
AND
SERVICES
• GROUP LOANS
(Micro-enterprise) • EDUCATION
Values • INDIVIDUAL LOANS
Formation (Small &
Medium
TSPI • HEALTHCARE
(PhilHealth)
Enterprises) MICROFINANCE
SERVICES
• TRANSPORT • HOUSING &
(Sakbayan) SANITATION
• LIVESTOCK (Goat/ • MICRO-INSURANCE
Swine)
• CROP/RICE

7. The Evolution of the TSPI
Microinsurance Program:
1991 to September 2001
Damayan(Support) fund - an integral
part of the TSPI Kabuhayan Program:
Credit life benefits in case of death
Financial assistance in case of calamity

8. October 2001 to January 2007
TSPI partnered with COCOLIFE to
improve the microinsurance
coverage of its members.

9. At no additional cost, the
clients were entitled to:
-Life insurance of P25,000 with double
indemnity in case of accidental death.
-Medical reimbursement of P2,500.00

10. On May 12, 2006, the TSPI Mutual
Benefit Association, Inc. was registered
with the Phil. Securities and Exchange
Commission.
It was given license to operate by the
Insurance Commission on December
22, 2006.

11. Our Objective :
To extend financial assistance to the
Members and their immediate family
members in the form of death benefits,
funeral assistance, loan redemption
assistance, disability benefits and
other services.

12. A. Membership ContribuFon
For Mandatory Package P240 per year
P1 (peso) per
For Loan Availment Package thousand of loan
availed per week
Mutual Benefit Associa0on, Inc

13. BENEFITS(NON-BORROWER)
For the children
For Spouse (up to 4 children,
Length of For the Member
Benefits (not over 65 aged 1 to less
Membership (18-60 years old)
years old) than 21, single &
unemployed)
1. Death Benefit Package
Less than
P2,500.00 N/A N/A
1 year
1 year above P10,000.00 P5,000.00 P2,500.00 each
2. Accidental Death Benefit Package
Less than
P10,000.00 P5,000.00 N/A
3 years
3 years
P50,000.00 P5,000.00 N/A
above
Mutual Benefit Associa0on, Inc

14. BENEFITS(NON-BORROWER)
Length of For the Member For Spouse
Benefits
Membership (18-60 years old) (not over 65 years old)
3. Accidental Dismemberment/Disablement
Based on Schedule of
1 day above Based on Schedule of Losses
Losses
4. Total and Permanent Disability (TPD)
1 year above P10,000.00 N/A
5. Equity Value
Return of 50%
At least 1 year
contribution with 2% interest N/A
per annum
Mutual Benefit Associa0on, Inc

15. BENEFITS (BORROWER)
*For the Member
Length of
Benefits (18-60 years old)
Membership
1. Death Benefit Package
a. Up to 20K loan: 3x of loan or 25K whichever is
higher;
b. More than 20K up to 25K: 65K
c. More than 25K up to 30K: 70K
One year above d. More than 30K up to 35K: 75K
e. More than 35K up tp 50K: 2x of loan or max
100K;
f. More than 50K: 2x of loan but not to exceed
200K
Mutual Benefit Associa0on, Inc

16. BENEFITS (BORROWER)
For the Member
Length of
(18-60 years old)
Membership
2. Accidental Death Benefit Package
a. Up to 20K loan: 3x of loan or 25K whichever is higher;
b. More than 20K up to 25K: 65K ;
c. More than 25K up to 30K: 70K ;
1 day above
d. More than 30K up to 35K: 75K ;
e. More than 35K up tp 50K: 2x of loan or max 100K;
f. More than 50K: 2x of loan but not to exceed 200K
3. Credit Life
1 year above Outstanding loan balance in TSPI
4. Funeral Expense
1 year above P10,000.00
Mutual Benefit Associa0on, Inc

17. Performance Highlights:
As of October 31,2010
Membership 526, 235
Micro credit 286,089
Micro insurance 240,146
Total Number of Individuals covered 2,631,175
Benefits Distributed:
Value Amount PHP 86.5 M
Beneficiaries (Number) 5,756
Total Assets: PHP 391 M
Mutual Benefit Associa0on, Inc.

18. Processing of Claims:
Complete documents – within 24 hours
Incomplete documents - Partial
within 24 hours
Mutual Benefit Associa0on, Inc.

19. What Differentiates TSPI MBA ?
1. Our mandatory premium is very low.
2. We give interest to the member’s
equity value.
3. We are not for profit.
4. We are driven by a desire to improve
the benefits of our clients.
Mutual Benefit Associa0on, Inc.

20. Thank you!
Mutual Benefit Associa0on, Inc.