Inclusive Business in Practice (IB for

Agro-industrial Development)

Dr. Jaime Aristotle B. Alip

Founder and Chairman Emeritus, CARD MRI

Inclusive Business Forum to Los Baños

August 30, 2018
University of the Philippines-Los Baños Auditorium
Sharing with you the CARD story…
• CARD was established in December 1986

Twenty peso bill

Old typewriter
 CARD MRI Organigram

“Mga Institusyon
sa iisang Misyon”

The CARD Mutually

Reinforcing
Institutions

CARD MRI is in the business of Poverty Eradication

 Geographical Presence of CARD MRI
Myanmar
CARD MRI started a Vietnam
partnership program
CARD MRI established
Hong Kong
in Myanmar in 2012 CARD MRI established a
a partnership program
and a microfinance partnership program in
with TYM in Vietnam
operation in 2014. Hong Kong since 2007.
since 2005.

Laos
CARD MRI opened Philippines
its international
NGO office in Laos Today, CARD MRI has more
in 2009. than 3,100 offices all over
the country, covering all 82
provinces, 94% (1,532) of
Thailand cities/ municipalities and
CARD MRI 96% (40,198) of barangays,
established a since 1986
partnership program
in Thailand in
September 2017.
Indonesia
CARD MRI established a
Cambodia partnership program in
In year 2006, CARD Indonesia since 2008.
MRI opened its first
international NGO
office in Cambodia.
 Updates as of July 2018
Number of Clients Served: 5.6 million
Number of Insured Individuals: 20.70 million

Clients (Incl. Savers): 5.37 M Staffing: 16,137

Loan Clients: 3.14 M Offices: 3,141
Loan Outstanding: Php23.32B Total Asset: Php48.40B
Savings: Php19.23B Operational Sufficiency: 136.09%
Repayment Rate: 99.66% Financial Sufficiency: 129.20%
 CARD MRI Contribution to
Sustainable Development Goals
(SDG) of the Philippines
 Sustainable Development Goals
Goal 1: Eradicate Extreme Poverty – giving access to
alternative microfinance institutions to:
o Diversify the livelihood opportunities of poor people
making them more resilient to adverse negative
shocks;
o Allow the poor to plan for unanticipated and future
expenses;
o Enhance equitable distribution of national economic
growth;
o Provides an alternative mechanism for poverty
reduction (hunger and poverty).
 CARD MRI Contribution to SDG
Poverty Eradication through Microfinance Programs
• Implementing microfinance
activities for poverty eradication
o CARD MRI has an outreach of
5.6 million poor families with
loan outstanding amounting to
Php23.32 billion and savings
amounting to Php19.23 billion
 CARD MRI Contribution to SDG
Poverty Eradication through Microfinance Programs
• Reaching Hard to Reach Areas
and doing special programs
for Hardcore Poor
o Has 144 unit offices located
in 42 island towns/
barangays with 111,620
members with Php488.12
million loan outstanding
o Served 250,042 hardcore
poor members with
Php600.67 million loan
outstanding
 CARD MRI Contribution to SDG
Poverty Eradication through Microfinance Programs
• Shari’ah Financing Project
o Started with 2 Shariah
inspired contracts being
implemented in Marawi,
Shariff Aguak, Buluan,
Labangan, Talon-talon, and
Isabela City
o Reached 826 Muslim
members with Php2 million
loan outstanding
 CARD MRI Contribution to SDG
Poverty Eradication through Microinsurance
• Providing access to microinsurance and other
related services
o Insured 20.70 million individuals
o Assisted 1,586,756 families with relief operations
 Sustainable Development Goals
Goal 2: Achieve Universal Primary Education -
Microfinance can lead to an increase in family income and
therefore enhance opportunities for children to
participate in full-time education
o Increases household budget to cover out- of-pocket
school fees such as books, uniforms and
transportation;
o Reduces the economic need to keep children out of
school and in income- generating activities;
o Decreases the likelihood that enrolled children will
drop out of school.
 CARD MRI Contribution to SDG
Poverty Eradication through Educational Programs
• One Family One Graduate Program
o Zero Dropout Program aims to provide funds for the poorest of the
poor families with elementary and high school-age students to acquire
basic education, making them able to read and write; provided
financial assistance to 610,022 members, which supported 758,168
beneficiaries, with loan outstanding amounting to Php430.13 million
with 99.53% repayment rate
o CARD Scholarship Program aims to serve its members through
educational support for their children, whom mostly, have difficulties
in sending their children to school; supported 12,405 students
 CARD MRI Contribution to SDG
Poverty Eradication through Educational Programs
• One Family One Graduate
Program
o CARD-MRI Development
Institute, the educational arm
for the CARD MRI, now also a
College has 1,643 students
enrolled SHS and College
students in Bay and Tagum
Campuses for SY 2018-2019;
offers scholarship to its
students
 Sustainable Development Goals
Goal 3: Promote Gender Equality - Enhancing women's
access, control, and ownership of resources:
o Increase women's participation in income-generating
activities and decision-making at the household and
community levels
o Strengthen the social and political leadership and
livelihood opportunities of women
 CARD MRI Contribution to SDG
Poverty Eradication through Women Empowerment
• Leadership Trainings through CMDI
• Credit with Education (CwE) during center meetings where
1,840,691 members received CwE
• Giving opportunity to members for ownership:
o CARD Bank - 141,623 member stockholders
o CARD MBA - 100% owned by members
o BotiCARD - most influential shareholder are members
o CMIT – substantially owned by members
o CPMI – 49% owned by members
 Sustainable Development Goals
Health-related goals Goals 4, 5, and 6: Reduce child mortality,
improve maternal health and combat HIV/AIDS, malaria and other
diseases:
o Reducing household income constraints can enable the
marginalized and disadvantaged population to address other
health issues exacerbated by poverty:
o Provides financial access to education, prevention and
treatment measures for HIV/AIDS, malaria and other infectious
diseases
o Enhances child and maternal health by providing access to
health care services and resources
o Provides access to health care insurance and protection &
improves availability of potable water
 CARD MRI Contribution to SDG
Poverty Eradication through Health Programs
• Delivery of Health Modules
through Credit with Education
(CwE) during center meetings
• Microfinance and Health
Program (MAHP)
o Community Health Days in CARD
areas which gave 3.83 million
members access to health program
o CARD Clinics/Laboratory with 100,943
clinic visits
o 611 accredited health
providers/partners available
o 814,000 members received maternal
health education
 CARD MRI Contribution to SDG
Poverty Eradication through Health Programs
• BotiCARD-CARD’s pharmacy
providing affordable, safe, and
quality medicines
o Affordable Quality Medicine
Program (AQMP)- deliver
medicines right at members’
doorstep through the Barangay
Posts (BPs) owned by CARD
clients.
o Bringing home remedies and
information about medicines
available at BotiCARD Inc.
during center meetings
 Sustainable Development Goals
Goal 7: Ensure environmental sustainability;
Microfinance can help to improve environmental
sustainability when it:
o Includes education in rural resource management
which can enhance the sustainability of income-
generating activities and natural resources;
o Provides access to alternative agricultural inputs
which are environmentally friendly.
 CARD MRI Contribution
Poverty Eradication through Agricultural Programs
• Doing agricultural projects
o Implementing different services for
agriculture such as micro-agri
loan/special agri loan, crop insurance
o 216,086 members availed micro-agri
loan/special agri loan
o 384 farmers insured under crop
insurance
o Provides marketing assistance and
product development to members, with
5,088 direct and indirect beneficiaries
(dried fish, turmeric, muscovado, among
others)
 Thank you.

20 M. L. Quezon St., City Subdivision, San Pablo City, Laguna

TEL: (+6349) 562 4309
WEBSITE: www.cardmri.com
FACEBOOK: https://www.facebook.com/CARDMutuallyReinforcingInstitutions/