MICRO-PLUS as Micronomore

micronomore-as-micro-plusConsistent with the development perspective of bringing micro-entrepreneurs to the next level of economic growth, a new financial product was recently piloted to 3 cooperatives, namely: Lamac Multi-Purpose Cooperative, Metro Ormoc Community Cooperative and Paglaum Multi-Purpose Cooperative.

This SME financing product, named as Micro-Plus, is designed for the partners’ microfinance graduates who have successfully increased their asset size and expanded their business reach. Borrower Risk Rating (BRR) System, used by Small Business Corporartion (SBC) and several banks, is employed in selecting clients for the MICRO-PLUS. More…

Renewable Energy: Getting Off the Grid

micronomore-getting-off-the-gridThe perspective of using cleaner, secure and sustainable sources of energy is not just immediately necessary in the face of the ever-rising prices of oil products but is our only way to live as humans and save the earth. Micro-no-more supports the NGOs, the Department of Energy and providers of solar and wind energy that are working in making solar and wind energy affordable to the people. More…

The Micro-No-More (MNM) Movement

about-micronomoreThe Micro-No-More (MNM) Movement is a movement of like-minded individuals and organizations in the micro- and SME- (small, medium-enterprise) finance industry in the Philippines and around the globe. Launched in November 2008 in the central island of Leyte in the Philippines, the basis of unity of the MNM Movement is the need to build awareness and spur concerted action towards building truly economically self-sustaining communities (ESSCs) or economically empowered communities, and thus coordinate the mobilization of technical and financial resources in sustaining these communities. More…

The Micro-No-More Perspective

Micro No More Perspective - micronomore.comMicrofinance is not the catch-all cure for poverty and economic stagnation. It should have a perspective of the micro- going beyond its boundaries/limitations, growing with the times, adapting to the changes in the macro-economic environment, providing or laying down the groundwork for far-reaching solutions to present economic dire straits. Without a perspective of growth, microfinance will forever be in our midst as poverty will last forever (Perez 2008). More…

Islands Activation Program

Micro-no-more pooled-in the resources of SEEDFINANCE, SMART Communications and Partner-MFIs in launching the project: ISLANDS ACTIVATION PROGRAM. This program is designed for institutions located in remote areas where there is none if not very limited access to financial services. The solution includes provisioning SMART Money services and mobile-based applications for members of the institutions. More…

Micronomore: Microfinance and Beyond

Microfinance is not forever. Or at least it should not be. If a micro-entrepreneur remains micro forever, not only would he or she have failed, but the microfinance institution assisting would have failed even on a bigger scale. An MFI should provide a perspective for growth for the micro-entrpreneur. The micro- should grow to become [...]

Bringing entrepreneurs and their supporters together

It has been a while. The ripples of change have been continually shaping and re-shaping the socio-economic landscape yet our partnership remains stable and mutually rewarding. From the beginnings of our collaboration in CARE, then at SEAD, and now on to SEEDFINANCE, we have seen each other’s growth as we overcame challenges and forded on. More…

Micro– to Small Success Story

KWENTONG PENOY

Micro– to Small Success Story Tobias SolisEntrepreneur’s Name : Tobias Solis
Location : Santa Maria, Bulacan, Luzon
MFI Membership : United Bocaue Vendors Association Development Coop
Writer : Wilma B. Guinto (wilma@micronomore.com)

Ka Tobias Solis, a native of Trapiche, Oton, Iloilo was only 16 years old when he first set foot in Manila to find his fortune. He was able to work as an extra helper in a poultry farm in Last Pinas, the Crescent Corporation owned by Robert Philips. His earning was a meager Php3.00 a day that he spends for his daily subsistence and at the same time save whatever money left so he can send some for his parents in Iloilo. More…

MicroNoMore Photo Gallery: Meet you again

Click on a photo and see the miracles of MSME finance unfold

Entrepreneur Success Stories

Entrepreneur Success Stories - RowenaRowena has been a member oflamac Multi-Purpose Cooperative (LMPC) since 1996, who started with as a food peddler and later on into a small restaurant owner. She first availed a Php. 5,000.00 loan from LMPC (US$22). Gradually, she increased her loan to expand her food business and to establish new businesses. LMPC was there to provide Rowena Business Development Services.

She now owns a profitable hardware and electrical supply store, construction materials shop, heavy equipments, and an internet café. Rowena is one of the LMPC clients with loan size of up to P2M (US$44,000). More…

Make it grow: a development perspective

Energizing local economies and empowering local communities. Microfinance is not the catch-all cure for poverty and economic stagnation. It should have a perspective of the micro- going beyond its boundaries/limitations, growing with the times, adapting to the changes in the macro-economic environment, providing or laying down the groundwork for far-reaching solutions to present economic dire [...]

Make your money count

Make your money count Your money can be placed in assistance programs for microfinance and small-and-medium-enterprise-finance. SEEDFINANCE and its network of strategic partners enable funds to be coursed through local cooperatives, microfinance-NGOs, and rural banks in the form of wholesale credit lines for micro- and SME-finance.

Beyond Finance

Your money does not stop in micro-credit. It goes to other initiatives that are essential in the furtherance of socio-economic goals. From knowledge sharing, to business development services, to technology-riding MSME-finance expansion, to a whole lot more of micro- and micro-no-more projects.

SF-MED CTR: The SEEDFINANCE Micro-Economic Development Center More…

Photo Shoot Contest

A celebration in pixels of the empowering ripples of MSME finance. An Invitation to Creative Empowerment The 2008 SEEDFINANCE National Stakeholders Conference hallmarks the inception of the Micro No More Movement, an advocacy for local economic development from the ground up. The micro-entrepreneur is envisioned to grow towards small-scale and even medium-scale enterprise levels and [...]