RBAP-MABS convenes housing microfinance and micro-agri practitioners

The USAID-supported RBAP-MABS held its 1st Housing Microfinance (HMF) and Micro Agri (MAP) Practitioners’ Forum on October 7-8 in Cagayan de Oro. Fifty-four (54) participants from 15 MABS participating rural banks attended the forum with the theme:  “Housing & Agri Microfinance Loan Products: Meeting Clients’ Demand, Sharing Experiences, Applying Lessons Learned.”
A representative from 1st Valley Bank shared the bank’s experiences in pilot testing its HMF and MAP loan products from market research to product promotion.  The lessons learned in the early stages of the product launch were also discussed. Meanwhile, Cantilan Bank and Green Bank representatives also presented their respective lessons and experiences when they launched their housing loans in the rural and urban locales, respectively.
On the second day of the forum, the practitioner speakers taught the participants on how to overcome challenges, reduce risks in micro Agri lending, and identify business opportunities through the value chain concept and analysis. They explored the business potential for rural banks from all the value chain players, starting from farm input suppliers to farm production, post harvest handling, and marketing of farm produce. They also discussed another avenue of the value chain approach to financing, which is through contract growers and partnerships.
Mr. Marcelino Remotigue, president of the Northern Mindanao Vegetable Growers Association (NorMinVeggies), gave a bird’s eye view of the association’s role in the development and improvement of the small vegetable farmers in Northern Mindanao by clustering the farmers – a groundbreaking farming system that has boosted the income of farmer-members. He also recounted how the NorMinVeggies helped revolutionize vegetable production in the island group.
The second day culminated with a field visit to NorMinVeggies’ clustered vegetable farmers in the Municipality of Balingasag in Misamis Oriental. The farmers  briefed the participants on their farm operation and marketing tie-up up with NorMinVeggies.
MABS Program Coordinator Teresita Espenilla of USAID/Philippines graced the forum with an inspiring message to the participants, encouraging them to continue expand rural financing in the field of housing microfinance and micro agricultural lending. Mr. Jayrome Rala of the Mindanao Development Authority (MinDA), the forerunner of MEDCO, also gave a snapshot of the programs and interventions of MinDA in promoting, coordinating and facilitating the active and extensive participation of all sectors to effect the socio-economic development of Mindanao.

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The USAID-supported RBAP-MABS held its 1st Housing Microfinance (HMF) and Micro Agri (MAP) Practitioners’ Forum on October 7-8 in Cagayan de Oro. Fifty-four (54) participants from 15 MABS participating rural banks attended the forum with the theme:  “Housing & Agri Microfinance Loan Products: Meeting Clients’ Demand, Sharing Experiences, Applying Lessons Learned.”

A representative from 1st Valley Bank shared the bank’s experiences in pilot testing its HMF and MAP loan products from market research to product promotion.  The lessons learned in the early stages of the product launch were also discussed. Meanwhile, Cantilan Bank and Green Bank representatives also presented their respective lessons and experiences when they launched their housing loans in the rural and urban locales, respectively.

On the second day of the forum, the practitioner speakers taught the participants on how to overcome challenges, reduce risks in micro Agri lending, and identify business opportunities through the value chain concept and analysis. They explored the business potential for rural banks from all the value chain players, starting from farm input suppliers to farm production, post harvest handling, and marketing of farm produce. They also discussed another avenue of the value chain approach to financing, which is through contract growers and partnerships.

Mr. Marcelino Remotigue, president of the Northern Mindanao Vegetable Growers Association (NorMinVeggies), gave a bird’s eye view of the association’s role in the development and improvement of the small vegetable farmers in Northern Mindanao by clustering the farmers – a groundbreaking farming system that has boosted the income of farmer-members. He also recounted how the NorMinVeggies helped revolutionize vegetable production in the island group.

see full size

The second day culminated with a field visit to NorMinVeggies’ clustered vegetable farmers in the Municipality of Balingasag in Misamis Oriental. The farmers  briefed the participants on their farm operation and marketing tie-up up with NorMinVeggies.

MABS Program Manager Teresita Espenilla of USAID/Philippines graced the forum with an inspiring message to the participants, encouraging them to continue expand rural financing in the field of housing microfinance and micro agricultural lending. Mr. Jayrome Rala of the Mindanao Development Authority (MinDA), the forerunner of MEDCO, also gave a snapshot of the programs and interventions of MinDA in promoting, coordinating and facilitating the active and extensive participation of all sectors to effect the socio-economic development of Mindanao.