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ANNOUNCEMENTS |
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Bidders Tender Form |
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bidders |
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VISION and
MISSION |
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PCFC
shall be the viable and sustainable leader in the provision of
financial products and services to generate income opportunities
and improve the lives of the poor
It
shall assist in the development of microfinance institutions and micro
finance industry
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Our
Mandate |
The People’s
Credit and Finance Corporation (PCFC) was established by virtue of
Memorandum Order 261 & Administrative Order No. 148. Republic Act 8425
of 1998 or the Social Reform and Poverty Alleviation Act further
strengthened the role of PCFC as the lead government entity
specifically tasked to mobilize resources for microfinance services
for the exclusive use of the poor.
Following its mandate to provide the poor access to credit and other
microfinance services to uplift their economic status, PCFC wholesales
short, medium & long term investment loans to accredited Microfinance
Institutions (MFIs). These are Rural or Cooperative Banks, (RBs or
CRBs), Thrift Banks (TBs), I.e. Financial Institutions (FIs), Non -
Government Organizations (NGOs) and Cooperatives that implement credit
assistance programs using any proven microfinance lending methodology
to finance livelihood projects that can augment the income of targeted
poor clients.
PCFC also
provides institutional credit to program partners for capability
building
activities as well as for expenditures or asset acquisitions related
to the lending program. |
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