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+ Follow ANICETA VILLAVIRAY Tag
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[ArticleID] => 131593
[Title] => BPI Foundation: Pioneering micro-finance credit
[Summary] => More than a decade ago, it was unthinkable for non-governmental organizations to get loans. That changed when the Bank of the Philippine Islands Foundation pioneered a micro-finance concept called the financing assistance line or FAL. Through FAL, BPI Foundation extends a credit line to non-governmental organizations for re-lending to end-borrowers. One of the first FAL beneficiaries was TSPI Development Corp. Starting out in 1989 with a credit line of P500,000, TSPI now has a credit line with BPI Foundation of P4 million.
[DatePublished] => 2001-08-27 00:00:00
[ColumnID] => 133272
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[AuthorID] => 1520621
[AuthorName] => Miguel Angelo Villa-Real
[SectionName] => Business As Usual
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ANICETA VILLAVIRAY
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[ArticleID] => 131593
[Title] => BPI Foundation: Pioneering micro-finance credit
[Summary] => More than a decade ago, it was unthinkable for non-governmental organizations to get loans. That changed when the Bank of the Philippine Islands Foundation pioneered a micro-finance concept called the financing assistance line or FAL. Through FAL, BPI Foundation extends a credit line to non-governmental organizations for re-lending to end-borrowers. One of the first FAL beneficiaries was TSPI Development Corp. Starting out in 1989 with a credit line of P500,000, TSPI now has a credit line with BPI Foundation of P4 million.
[DatePublished] => 2001-08-27 00:00:00
[ColumnID] => 133272
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[AuthorID] => 1520621
[AuthorName] => Miguel Angelo Villa-Real
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[SectionUrl] => business-as-usual
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abtest
By Miguel Angelo Villa-Real | August 27, 2001 - 12:00am
Recommended
The French-trained chef is known for woodfire cooking and brings his expertise to the most happening place in Makati.
6 days ago
Lotto Nov 8, 2026
EZ2 - 18 12
SUERTRES - 6 2 3
6/49 Lotto - 34 39 38 18 47 36
P92,852,095.00
6/58 Ultra Lotto - 22 14 1 42 9 8
P500,614,204.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66





