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00:00.0
So there are approximately 6,183 microfinance institutions in the Philippines.
00:06.2
Ano po yung breakdown nito?
00:08.5
So meron po tayong banks na may microfinance, 139 po sila.
00:13.6
Cooperatives, 2,762.
00:16.3
Microfinance NGOs, 27.
00:18.5
Financing companies, 673.
00:20.9
And lending companies na nasa 2,582.
00:24.3
For a total of 6,183 microfinance institutions.
00:30.3
The microfinance industry in the Philippines has grown into a 406.7 billion industry in terms of loan portfolio as of March 2022.
00:41.4
So pagtitingnan po natin, ano?
00:43.0
So yung banks, from 13.7 million to 26.8 billion in 2022 first quarter.
00:50.1
Yan po yung kanilang portfolio.
00:52.2
Cooperatives, haalos nagdoble from 167 billion in 2016 to 327 billion in 2022.
01:00.6
At ang NGOs naman, microfinance NGOs, 20.6 billion to 52.8 billion as of the first quarter of 2022.
01:08.8
So dyan po natin nakuha yung 406.7 na amount of portfolio ng microfinance institutions as of 2022 first quarter.
01:20.7
Meron naman pong 18.2 million non-unique microfinance clients in the banking system,
01:26.7
microfinance NGOs, and cooperative sectors.
01:30.3
So ito po, makikita natin yung breakdown niyan.
01:33.6
And if you will observe it, ang pinakamadami talaga na outreach ay ang mga kooperatiba
01:38.8
followed by the microfinance NGOs and then the banks.
01:42.8
Itong 18.2 million po nato, kaya sinabi ko kanina dun na non-unique individuos ito
01:48.6
kasi may multiple membership.
01:50.4
And if we account for that at i-estimate natin, kunin natin yung 50% niyan,
01:54.7
yan po yung total outreach which is about 9.1 million microfinance clients.
02:04.9
Ang average loan size po na nakikita natin for the microfinance industry ay P22,000.
02:12.8
Ang pinakamababa dyan ay ang microfinance NGOs which means they reach the lower segment of society.
02:19.8
Nasa P8,250 po ang kanilang loan size.
02:23.8
Sunod yung rural banks na P13,500.
02:27.0
Tapos yung cooperatives, mas malaki yung kanilang nari-reach.
02:29.8
So higher segment yung mga cooperatives which is at P33,000.
02:34.8
So growth in the microfinance portfolio ng banks natin.
02:39.2
If you take a look at this pre-pandemic, medyo mataki talaga.
02:43.0
Tapos pag nung dinatnan ng pandemic ay bumaba yung banks.
02:48.2
Tapos yung NGOs ay steady pa rin.
02:52.2
Yung cooperatives talaga makikita mo nag-decrease din.
02:57.0
So slow down talaga tayo ng 2020 and 2021 because of the pandemic.
03:01.7
But I think if we take a look at 2022, ito po ay mag-improve.
03:07.8
Ganon din sa number of clients, 2020 and 2021, medyo may pagbabagal ko na kita.
03:13.5
Particularly in the banking sector kasi mas estricto sila compared to the cooperatives and microfinance NGOs.
03:22.1
Iyan po ang ating Philippine microfinance industry estimates.
03:26.1
Ako po si Sir Vince, ang inyong financial guro, nagsasabing ang pagyaman na pag-aaralan at napagtutulungan.
03:34.6
So microfinance, this is the provision of financial services to low-income clients including the self-employed.
03:44.9
So yan po yung microfinance.
03:49.1
And the central bank actually defines microfinance as the provision of a broad range of financial services
03:58.1
such as deposits, loans, payment services, money transfers, and insurance products to the poor and low-income households
04:06.3
for their microenterprises and small businesses to enable them to raise their income levels and improve their living standards.
04:15.0
So yan po ang sabi ng Banko Sentral.
04:18.2
So sino-sino po ba yung mga microfinance clients natin?
04:23.6
So ito po, pwede po silang mga low-income persons that do not have access to formal financial institutions
04:31.4
who are typically self-employed, often household-based entrepreneurs.
04:37.1
In rural areas, makikita natin sila and they are usually small farmers and fisherfolk.
04:43.1
They are engaged in small income-generating activities such as food processing and petty trade.
04:48.9
So urban areas naman, usually there's a more diverse and they could include shopkeepers, service providers, artisans, street vendors, and others.
04:58.0
So yan po yung microfinance client.
05:00.2
Ito po yung mga products, may savings, insurance, credit, remittance, housing, services.
05:05.8
So sa microfinance loans, according to the Social Reform Agenda of 1997,
05:12.2
loans that are up to P150,000 used for consumption or productive purposes are considered as microfinance loans.
05:20.5
Ang microhousing loans, ang BSP, ang sabi niya ang ceiling ay P300,000
05:26.6
pero ang Housing and Land Use Regulatory Board classifies socialized housing at P450,000.
05:33.1
The National Strategy for Microfinance, it actually envisions
05:39.4
a viable and sustainable microfinance market that will help provide poor households and
05:44.6
microentrepreneurs with greater access to microfinance services.
05:49.4
It calls for a greater role for the private sector and the non-participation of government-line agencies
05:56.5
in the provision of credit and guarantee programs.
06:02.1
We put emphasis on the adoption of market-oriented financial and credit policies
06:06.8
to ensure viability and sustainability.
06:09.8
At medyo tine-challenge ko nga po itong national strategy na ito
06:13.4
kasi marami talagang vulnerabilities ang microfinance.
06:17.3
And if we stick to that strategy na puro market-based siya,
06:21.7
walang napakababa ng intervention coming from the government for subsidies
06:27.2
and in providing adequate social safety nets for the microenterprises, medyo mahirap po talaga.
06:35.1
So what have we achieved so far through microfinance?
06:40.5
We have closed the gender gap in terms of financial inclusion
06:44.4
and this is largely attributed to microfinance institutions.
06:49.0
Thanks for watching!
06:50.6
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06:57.0
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07:01.1
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07:07.0
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