Enterprise Bank is one of the pioneers in the field of microfinance on Mindanao, the second-largest island of the Philippines. Enterprise Bank is an enterprising organisation and and thus acts as a catalyst for business enterprise on Mindanao. With its loan, Triodos Sustainable Finance Foundation supports Enterprise Bank in this mission.
KEY INDICATORS Enterprise Bank at year-end 2013:
- number of loan clients: 41,267
- percentage female clients: 82%
- percentage rural clients: 14%
- average loan amount: EUR 601
- number of savings clients: 46,243
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.