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                    [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
                    [Focus] => 0
                    [AuthorID] => 1520621
                    [AuthorName] => Miguel Angelo Villa-Real
                    [SectionName] => Business As Usual
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VILLAVIRAY

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                    [Title] => BPI  Foundation: Pioneering micro-finance credit
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abtest

BPI Foundation: Pioneering micro-finance credit

By Miguel Angelo Villa-Real | August 27, 2001 - 12:00am

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...

Business As Usual