JESUS PEREZ CARDENAS

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                    [ArticleID] => 288167
                    [Title] => Mercy’s hand
                    [Summary] => For this  microcredit  program, the interest is 2%, the repayment terms to be decided upon  by the borrower rather than the lender. 


Started in 2003 by  the Philippine Band of Mercy,  the Family Program is open only to parents of children who suffered from cleft lip/palate. The initial loan is P3,000, which is increased in P2,000 increments every time the borrower repays his/her previous loan. The maximum loan is P10,000, which is renewable as long as the borrower’s livelihood project  produces results.


                    [DatePublished] => 2005-07-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
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abtest

Mercy’s hand

July 25, 2005 - 12:00am

For this microcredit program, the interest is 2%, the repayment terms to be decided upon by the borrower rather than the lender. Started in 2003 by the Philippine Band of Mercy, the Family Program is open...

Business As Usual