February 2012 Highlights

Download MABS February 2012 Highlights.

Guarding the Poor from Falling through Microinsurance

By Ferdinand Sia Ms. Ermie Mayor arrived at her mother’s house after making the rounds in Dayhagan Pilar, Balasan Iloilo. She sold a whole bilao (winnowing basket) of banana-que (deep fried bananas with caramelized sugar on stick) and bicho bicho (deep fried doughnut coated with brown sugar) that her mother prepared in the morning. She [...]

Why reinvent the wheel? Use existing tools that work

Microinsurance Innovation Facility - As more institutions enter microinsurance, it is efficient to make use of existing tools that work, in order to minimize the resources needed to develop successful tools. An encouraging example comes from Seguros Futuro. When Seguros Futuro wanted to expand its education efforts it decided to incorporate insurance education in the annual [...]

A Dream Home Come True

By Ferdinand Sia After getting married in 2001, Mr. Joel and Mrs. Erlyn Espinosa built their small nipa hut in Balasan, Iloilo to start a family. Mr. Joel is a son of a small palay farmer and makes a living as a carpenter for house construction. Years of labor as a carpenter are now showing [...]