Saturday, March 26, 2011

7TH MINDANAO MICROFINANCE CONFERENCE

The 7th Mindanao Microfinance Conference was held last March 22 and 23, 2011 at the Grand Ballroom of the Marco Polo Hotel in Davao City.  Over 130 participants and guests came to attend the event.

Every year, MMC holds the Mindanao Microfinance Conference as part of its anniversary celebration.  MMC was formally registered on March 25, 2004.

This year's conference theme was "Raising the Bar Towards Greater Social Impact" meant to highlight the social goals of microfinance.

The conference started on March 22 with Francis Kong delivering a two hour talk on the "Disciplines of Breakthrough Social Entrepreneurs".  Prior to this, a pre-conference forum on microinsurance was conducted with Director Joselito Almario of the National Credit Council (NCC) as resource person.

MMC held its 7th Annual General Meeting in the evening of March 22.  MMC had its election of new officers during the AGM.  Siargao Bank, represented by Ms. Remedios Calderon, was elected as the new president of MMC for 2011-2012, replacing Spes Pauperum Foundation, represented by Fr. Arnel Celis.  Other officers of MMC include Bansalan Cooperative (Vice-President) represented by Ernesto Mabunga, Serviamus Foundation (Secretary) represented by Ms. Norma Gejon, Cooperative Bank of Cotabato (Treasurer) represented by Mr. Guillermo Carisma, Jr. and Milamdec Foundation (Auditor) represented by Engr. Antonio Sevillano.

The second day of the conference was graced by very important personalities in the microfinance sector. The Key Note was given by Secretary Joel Rocamora of the National Anti-Poverty Commission (NAPC) followed by a representative from the Mindanao Development Authority (MINDA).  Also speaking during the morning program was Mr. Christopher Tan of Grameen Foundation, who shared how the Progress out of Poverty Index may be used by MFIs. He was followed by Mr. Topper Coronel of the BAP Credit Bureau who shared about the importance of a credit bureau and how MFIs can avail of the service.

Mrs. Iluminada LE Cabigas was guest of honor and she spoke about the mission drift of MFIs and reminded participants to remain true to the mission of microfinance.

In the afternoon, PCFC, NLDC, MCPI, RBAP-MABS, and PinoyMe Foundation were given an opportunity to present their plans and programs for the microfinance sector in Philippines.

The event ended with a synthesis made by Prof. Ronald Chua of the Asian Institute of Management.