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DBP initiates consultation on microfinance for SA

Opening the doors for collaboration with civil society groups, the Development Bank of the Philippines (DBP) will initiate a conference entitled “Making Microfinance Work for Sustainable Agriculture” scheduled end of September this year.

This conference is directed to promote and demonstrate viability of microfinance in agriculture, identify challenges, opportunities, and gaps in agriculture microfinance, and explore areas of collaboration, focus, and priorities.

Around 25-30 participants from the non-government organization, government agencies and finance institutions are expected to attend this meeting.

The program shall include dialogue with microfinance wholesalers, sharing experiences among agribusiness microfinance implementers, discussion on potentials of microfinance in agriculture and conduct of a workshop session to cover sustaining mechanisms for maximum impact.

Outputs shall include formulation of a “road map” instituting mechanisms involving participation of key stakeholders in the promotion of agri-microfinance, and increased awareness on DBP’s programs.

Major components of the said road map shall include initiatives on research, policy, capability building, promotion and advocacy and resource mobilization.

 

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