Manila, December 22, 2020— Women entrepreneurs in the Philippines stand to benefit from new loans issued to two of the country’s largest microfinance institutions, which will help keep businesses afloat and save jobs as the Philippines grapples with the economic impacts of the COVID-19 pandemic. The International Finance Corporation (IFC), a member of the World […]
CARD SME Bank opens its 36th branch on December 7, 2020, to cater to the financial needs of more MSMEs in Brgy. Lagao, General Santos City. The Lagao Branch, located at Sestina Building, Lucio Velayo Sr. Road, Brgy. Lagao, General Santos City, is officially the 6th CARD SME Bank branch in Mindanao and one of […]
The Taal Volcano eruption in January, 2020 might have caused damages to neighboring residences and establishments, but Lemery, one of the affected municipalities in Batangas, starts anew. This includes CARD SME Bank as it reopens its doors on August 17 with a new and improved branch along Ilustre Avenue, Brgy. Palanas, Lemery, Batangas, a few […]
We are pleased to announce the PARTIAL and OFFICIAL LIST of CARD MRI scholars. Result is based on operation staff confirmation. The grant is effective S.Y 2020 – 2021 (at the start of school year). CONGRATULATIONS! CARD SME BANK CARD SME BANK, INC. – BATCH 21 HIGH SCHOOL SCHOLARS CARD SME BANK, INC. – BATCH 21 COLLEGE SCHOLARS List […]
In the picture are (L-R) Rev. Mar Andreen Castillo, CARD SME Bank client Lilia Barcelon, CARD SME Bank President Aristeo A. Dequito, CARD MRI Managing Director Flordeliza L. Sarmiento, CARD SME Bank Executive Vice President and COO Cynthia B. Baldeo, and CARD SME Bank client Priscila Arzobal during the opening of the 35th branch in […]
Dr. Jaime Aristotle B. Alip CARD MRI Founder and Chairman Emeritus In the mid-1980’s, at a time when the poor is clamoring for change and transformation, microfinance institutions (MFIs) started offering microcredit for capital with low interest rates, flexible loan terms, and no collateral. This provided the low-income sector with opportunities to establish microenterprises to […]
The financial institutions of CARD Mutually Reinforcing Institutions (CARD MRI) have suspended its microfinance operations from March 17 to April 12, 2020. This is in response to the recent declaration by the Philippine Government of an enhanced community quarantine due to the COVID-19 outbreak. While the obligation for weekly loan payments are lifted until the […]
CARD SME Bank opens newest branch in Bacoor City to serve mSMEs. Leading the ribbon cutting ceremony are CARD SME Bank President and CEO Aristeo A. Dequito and CARD MBA President Flordeliza Cristobal. CARD SME Bank, a thrift bank under the CARD Mutually Reinforcing Institutions opened its 34th branch in Bacoor City on February 24, 2020. […]
The CARD Mutually Reinforcing Institutions (CARD MRI) has always been an advocate of financial inclusion. Throughout the years, it has been providing Filipinos from the low-income sector with access to financial services. As CARD MRI continues to explore new innovations to reach the goal of poverty eradication, its thrift bank—CARD SME Bank—is undergoing digital transformation […]
Venturing in junk shop business is not as easy as it seems. This business requires expertise in various skills for it to be successful. This is what Mirasol Ramiso, a resident of Trece Martires, Cavite, always shares to the people who want to try this kind of business. Sewing billboards vinyl was Mirasol’s job before […]