Established in 1979 in one of the remote towns in Zamboanga del Norte. The bank started with a humble beginning. It was in 2000, the bank was able to redirect its program and find a meaningful participation and recognizing the help of micro-finance partners, the Rural Bank of Liloy (ZN) Inc. pave their way on its commitment in serving the people in the rural communities.
| GENERAL INFORMATION | |
| Name of MFI | Rural Bank of Liloy, Inc. |
| Year Established | 1979 |
| Mission | To promote comprehensive and full development in its coverage areas. To provide easy access to financial resources to farmers, rural folks, government and private employees and entrepreneurs at reasonable terms. To inform and inculcate among clients the importance of proper use of credit and loan payment and other bank services. To help generate employment to unemployed but deserving individuals. To help build the nation’s economy. |
| Products & Services | |
| Vision | Envision to be a progressive and well established banking institution committed to provide true and effective service to the community. |
| CONTACT INFORMATION | |
| Address | Baybay, Liloy, Zamboanga del Norte |
| Phone | (065) 2126531 |
| Fax | |
| CONTACT PERSONS | DESIGNATION | DIRECT PHONE | DIRECT EMAIL |
| Mr. Geronimo B. Rebollos | President | N/A | N/A |
| OUTREACH AND IMPACT |
|
| Outreach Indicators |
As of December 24, 2008 |
| No. of Personnel for Microfinance | |
| Municipalities covered |
41 |
| Outreach | |
| No. of Active Borrowers | 5,180 |
| Loan Portfolio | |
| Outstanding Loans (Microfinance) | Php 23,019,804.19 |
| financial data |
|
| Balance Sheet |
As of Dec. 31, 2007 |
| Net Loan Receivables |
|
| Total Assets |
Php 74,310,575.62 |
| Total Equity | 14,217,790.68 |
| Financing Structure |
|
| Capital Asset/Ratio |
|
| Debt/Equity Ratio | 0.19 |
| Gross Loan Portfolio/Total Assets | 5.23 |
| Overall Financial Performance |
|
| Return on Assets (%) |
1.58% |
| Return on Equity (%) | 8.25% |