MicroVentures Philippines Financing Company (OnePuhunan)'s long-term mission is to foster the economic progress of small-scale entrepreneurs through the delivery of specialised financial services in a fair, transparent, efficient, and sustainable manner. OnePuhunan, in the Phillipines, has a current network of 110 branches and serves 70,000 clients. OnePuhunan aims to provide the client with products that are easy to understand, aims to anticipate the client needs and hold transparency in high regard.
The Philippines has been a leader in promoting and creating an enabling environment for financial inclusion, but there is still much work to be done as only 28% of adult Filipinos have a bank account. With funding from Triodos Sustainable Finance Foundation, OnePuhunan hopes to extend its lending practices to outside the traditional group lending lending model, and in addition improve its 'green' products and create a more comprehensive environmental policy.
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.