MANILA, Philippines - The People’s Credit and Finance Corp. (PCFC) has partnered with Agencia Española de Cooperación Internacional para el Desarrollo (AECID) and Fundación CODESPA to launch new microfinance products last month.
AECID is the organization entrusted by the Spanish government for the development, management and implementation of its public policies for international cooperation.
Its main objective is the fight against poverty and the attainment of sustainable human development. Fundación CODESPA, on the other hand, is a Spanish non-government organization, which started in 1985 by a group of businessmen and university professors concerned with inequality and poverty.