Our Mutually Reinforcing Institutions

CARD BANK


Center for Agriculture and Rural Development (CARD), Inc.

Founded on December 10, 1986 as a social development organization, the Center for Agriculture and Rural Development has now grown into the country’s microfinance leader. It offers microloans to support the livelihood activities of poor women. It also initiates CARD MRI’s programs in education, health, and agriculture.
CARD BANK
CARD Bank, Inc.

CARD Bank, Inc. is the first rural bank to have evolved from a microfinance NGO, with the purpose of turning poor women, who were once considered non-bankable, financial inclusive. Since its opening in September 1997, it has offered loans and savings products tailorfit to the needs of microfinance clients.
MBA
CARD Mutual Benefit Association, Inc.

The CARD Mutual Benefit Association, Inc. is the microinsurance provider of CARD MRI. Its main products are life and loan insurances especially designed for the clients of the CARD MRI’s financial institutions.
CMDI
CARD-MRI Development Institute, Inc.

Started as a unit under CARD, Inc. in 1989, CARD MRI Development Institute, Inc. now handles the training and educational needs of clients, staff and even outside microfinance institutions. Complementing member banks’ services, it offers credit with education and livelihood trainings to clients.
BDSFI
CARD-Business Development Service Foundation Inc.

The CARD Business Development Services Foundation, Inc. bridges CARD microentrepreneur clients with the mainstream market. It taps clients’ local products, does the marketing for them, and facilitates their growth and viability.
CAMIA
CARD MRI Insurance Agency, Inc.

Established in 2007, the CARD MRI Insurance Agency, Inc. through partnership with various insurance companies offers brokerage services, accident and calamity insurances, and Packaged Assistance in-Case of Disasters (PAID) to clients.
SME
CARD SME Bank, Inc.

CARD SME Bank, Inc. fills the financial needs of graduate microfinance clients who have matured and are then ready to own small and medium enterprises (SMEs). The bank specializes in loaning and savings services for these entrrepreneurs engaging in SMEs.
CMIT
CARD MRI Information Technology, Inc.

The CARD MRI Information Technology, Inc. provides for the information communication technology needs of the MRI. Formed in 2010, it offers computer setup and maintenance, web design, and technical assistance.
BOTICARD
BotiCARD Inc.

BotiCARD Inc. is CARD MRI’s very own pharmacy that provides safe and effective drugs to CARD members and their communities. It supplies discounted generic medicine to CARD MRI members.
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Rizal Rural Bank (Taytay, Rizal), Inc.

Last January 25, 2013 CARD Inc. units in Taytay, Rizal transitioned into rural banks and formed the newest addition to the CARD MRI group, the Rizal Rural Bank, Inc.. Sharing the same mission, RRB is being groomed to serve microfinance clients the way CARD Bank Inc. has.
LEASING
CARD Leasing and Finance Corporation, Inc.

Newly founded earlier in 2013, CARD Leasing and Finance Corporation, Inc. helps clients engage in leasing activities. Besides business support and financing housing programs, it constantly searches for innovative technologies, which it provides for the many needs of the MRI and its CARD clients.
pioneer
CARD Pioneer Microinsurance Inc.

CARD and Pioneer made history in 2013 when they paved the way for the establishment of the very first microinsurance company in the Philippines. CPMI introduced the non-life aspect of microinsurance, making more products and services available to more Filipino families.
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Responsible Investments for Solidarity & Empowerment (RISE) Financing Company, Inc

RISE was established on April 14, 2000 by CARD, Inc., and The Catholic Relief Services (CRS), together with several of its partners. It was born out of a vision for a society where justice and solidarity are the driving forces for social action and economic development. It started as an institution giving assistance to women in the battle against poverty by giving them access to credit and savings services. Late on, it ventured into retail lending to address the financial needs of its target audience.
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Mga Likha ni Inay, Inc.

Mga Likha ni Inay became CARD MRI’s 14th institution on August 2014. From being CARD-BDSFI’s marketing program, it evolved into a company that links grassroots microentrepreneurs to the mainstream market. MLNI promotes locally sourced materials created by microentrepreneurs, mostly in rural communities where CARD MRI operates, then turn it into gifts that anyone can appreciate. The gifts we promote and sell are products of our microentrepreneurs passion and dedication to their craft.