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                    [Title] => MABS gets 3-year extension, more funds
                    [Summary] => A United States Agency for International Development (USAID) program for microcredit has proved so successful that it was extended by another three years with a grant worth $3.5 million (roughly P178.5 million) mainly in technical assistance.


                    [DatePublished] => 2002-02-19 00:00:00
                    [ColumnID] => 133272
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                    [SectionName] => Banking
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                    [ArticleID] => 135426
                    [Title] => Microfinance: Bigger strides for small borrowers in Mindanao
                    [Summary] => Fruit and vegetable vendors are among the 19,000 microentrepreneurs in Mindanao with new access to bank credit. "Profits from the microlending program have allowed us to recover capital costs completely," says one rural banker.


At 3 a.m. on a weekend morning, Ruth Asor brushes the sleep from her eyes and enters the tiny bakery attached to her home in Bayugan, a quiet town in Mindanao. Long before the heat of the day sets in, Ruth and her six helpers are mixing up batches of dough for pan de sal, for her customers to dip in their breakfast coffee.


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NICOLAS LIM

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                    [ArticleID] => 151185
                    [Title] => MABS gets 3-year extension, more funds
                    [Summary] => A United States Agency for International Development (USAID) program for microcredit has proved so successful that it was extended by another three years with a grant worth $3.5 million (roughly P178.5 million) mainly in technical assistance.


                    [DatePublished] => 2002-02-19 00:00:00
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                    [Title] => Microfinance: Bigger strides for small borrowers in Mindanao
                    [Summary] => Fruit and vegetable vendors are among the 19,000 microentrepreneurs in Mindanao with new access to bank credit. "Profits from the microlending program have allowed us to recover capital costs completely," says one rural banker.


At 3 a.m. on a weekend morning, Ruth Asor brushes the sleep from her eyes and enters the tiny bakery attached to her home in Bayugan, a quiet town in Mindanao. Long before the heat of the day sets in, Ruth and her six helpers are mixing up batches of dough for pan de sal, for her customers to dip in their breakfast coffee.


                    [DatePublished] => 2001-10-02 00:00:00
                    [ColumnID] => 133272
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abtest

MABS gets 3-year extension, more funds

February 19, 2002 - 12:00am

A United States Agency for International Development (USAID) program for microcredit has proved so successful that it was extended by another three years with a grant worth $3.5 million (roughly P178.5 million) mainly...

Banking

Microfinance: Bigger strides for small borrowers in Mindanao

October 2, 2001 - 12:00am

Fruit and vegetable vendors are among the 19,000 microentrepreneurs in Mindanao with new access to bank credit. "Profits from the microlending program have allowed us to recover capital costs completely,"...

Banking