The Healing Touch

With four children to support and without a stable income, it was an everyday struggle to make ends meet for Mr. Danelito Castro and his wife. They were so hard-pressed that they could hardly pay basic monthly bills that amounted to a few hundred pesos (less than US$10). Faced with these circumstances, Mr. Castro set [...]

A fisherman’s friend

MEET VALIANT BANK CLIENT: John Cabillon As a young couple, Mr. John and Mrs. Rosma Cabillon supported their family by venturing into different businesses. With a capital of just PhP 1,000 (US$23), they started making and selling yema (dessert made of condensed milk) and used Rosma’s honorarium as a local barangay official to purchase a [...]

The Right Recipe for Success

MEET FAIR BANK CLIENT: Carina Gonato Back in 2009, Carina Gonato was a simple housewife who tried to make ends meet by selling consigned chicken lumpia around her neighbourhood. Upon the suggestion of her neighbours and recognizing that she could potentially earn more, she decided to make and sell her own chicken lumpia. It took [...]

Call for Nominations: Citi Microentrepreneur of the Year (MOTY) Awards

Dear Friends and Partners, Citi Philippines, the Microfinance Council of the Philippines Inc., and the Bangko Sentral ng Pilipinas are conducting the ninth run of the Citi Microentrepreneur of the Year (MOTY) Awards, a nationwide search for outstanding Filipino microentrepreneurs. The awards program aims to elevate awareness of and provide support for microfinance by recognizing [...]