| This Training
Course is an integral part of the Asian Development Bank’s
(ADB) Microfinance Development Program (RRP: PHI 38579). The
overall aim of this program is to improve household incomes,
reduce poverty and reduce the vulnerability of the poor throughout
the Philippines. This objective will be achieved through strategic
reforms to
- Enhance the enabling policy and regulatory environment,
and remove regulatory impediments and policy distortions,
and to promote market efficiencies and increased outreach
of services at competitive prices to the poor.
- Build viable microfinance institutions (MFIs/Coops)
that can provide efficient, and cost effective, retail delivery
of services to the poor.
- Strengthen regulatory and supervisory capacities and
oversight for a sound microfinance sector.
- Increase financial literacy and consumer protection
for the poor and the users of microfinance services.1
This Training Course in microfinance standards
falls under Categories (ii) and (iii) above.
1 Asian Development Bank, RRP: PHI 38579,
Report and Recommendation of the President to the Board of
Directors on a Proposed Loan and Technical Assistance Grant
to the Republic of the Philippines for the Microfinance Development
Program; Loan Summary. |