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 [...]

RBAP-MABS Participating Rural Bank Clients receive Citi Microentrepreneur of the Year Awards

The 2011 Maunlad Awardee, one of the two major national winners of the Citi Microentrepreneur of the Year (MOTY) Awards, is a microenterprise borrower of a participating rural bank of the United States Agency for International Development-supported Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services (RBAP-MABS) Program. Three other clients of MABS participating [...]