The Peoples Bank of Caraga's microfinance services started in 1998, primarily to serve the housewives of agrarian reform beneficiaries, then immediately extending such services to women in rural communities both with or without microenterprises, who are interested in engaging in economic activities to augment household income. Major challenges in the operations are reaching the indigenous peoples and small farmer households in the hard-to-reach areas, and providing capacity building services that could hasten improvement in the well-being of the clients.
| GENERAL INFORMATION | |
| Name of MFI | Peoples Bank of Caraga |
| Year Established | 1972 |
| Mission | To be an active participant in the efforts towards social uplift in the countryside, brought about by widespread, worthwhile and sustainable economic activities, generated from appropriate techologies and effective credit facilities. |
| Products & Services |
Loans, Insurance |
| CONTACT INFORMATION | |
| Address | National Highway, Barangay 5, San Francisco, Agusan del Sur |
| Phone | (085) 343-2589 |
| Fax | (085) 839-1445 |
| pbccbb@rbap.org / cedarpbcsfb@yahoo.com |
|
| CONTACT PERSONS | DESIGNATION | DIRECT PHONE | DIRECT EMAIL |
| Carmelita Bilaoen | President | 085-839-3545 | cedarpbcsfb@yahoo.com |
| Epifania A. Bulaon | Microfinance Project Director | 9209319508 | eabpbc@yahoo.com |
| OUTREACH AND IMPACT |
|
| Outreach Indicators |
As of December 31, 2007 |
| No. of Personnel for Microfinance | |
| Outreach | |
| No. of Active Borrowers | 31,183 |
| Average Loan Balance per Borrower | |
| Loan Portfolio | |
| Outstanding Loans (Microfinance) | Php 303,749,336.73 |
| financial data |
|
| Balance Sheet |
As of December 31, 2007 |
| Net Loan Receivables |
|
| Total Assets |
Php 580,420,741.89 |
| Total Equity | 88,055,724.89 |
| Financing Structure |
|
| Capital Asset/Ratio |
0.15 |
| Debt/Equity Ratio | 5.6 |
| Gross Loan Portfolio/Total Assets | |
| Overall Financial Performance |
|
| Return on Assets (%) |
|
| Return on Equity (%) | |