Upload
others
View
7
Download
0
Embed Size (px)
Citation preview
MSME Access to Finance
Session 2: Effective Credit Access to the Countryside RBAP 58th Charter Anniversary Symposium
JERRY T. CLAVESILLAS, Director III Bureau of Small and Medium Enterprise Development
Department of Trade and Industry
Mandatory Credit Allocation
8% 2
%
MSEs MEs
2010 2011 2012 2013 2014 2015
8.46 7.56
6.39 5.59
4.9 4.37
7.94 7.58
6.92 6.1 6.1
5.59
Trends in MSME Lending in the Philippines
Microfinance Facility Lending program to microfinance institutions with
organizational capability to provide sustainable credit access to borrowers in the livelihood sector
Target end-borrowers: Start-up Graduating micro enterprises
SME Roving Academy Channel for dissemination of information on financing
Enhance competitiveness
Increase contribution to the country’s GDP and total employment
New Financing Products Designed to cater to clients in the countryside
Loan Fund for Farm Development for pocket farmer
-entrepreneurs
Lending to MSME clientele of DTI’s Shared Service Facility (SSF)
Equity Financing for Corporatized Micro Enterprises
Updates on the MSMED Council Reconstitution of the Council and participation of
microfinance NGOs Members
MSMEs and women
sectors
labor and private banking sectors
microfinance NGO
Advisory Unit
Updates on the MSMED Council Additional functions
Coordinating and oversight body for Negosyo Centers
Provision of compliance guide
Conduct of research on women entrepreneurship
Policy formulation on women
entrepreneurship
Development of entrepreneurial education and
training
Updates on the MSMED Council 2015 National MSME Summit
Summit presentations are available at:
https://goo.gl/nGwFlb
Mandatory Credit Allocation
Credit Allocation (as of June 2015)
4.37% 5.59
%
MSEs MEs
Universal/ commercial
banks
Thrift banks Rural/cooperative banks
MSEs 3.45 7.24 23.00
MEs 5.27 6.94 10.03
SB Corp Loan Releases
Loan Releases (as of September 2015)
Php12.1 billion
Microfinance program
ERF program
Php732.63 million
Recommendations: Access to finance for MSMEs
Universal/commercial banks, thrift banks, and rural/cooperative banks should
improve their compliance to the mandatory credit allocation, especially to micro and
small enterprises.
The Credit Surety Fund, a scheme developed by the Bangko Sentral ng
Pilipinas aimed at increasing the credit worthiness of MSMEs, is an opportunity for MSMEs to improve their access to
finance.