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CARD-BDSFI pledges to help more farmer-clients in its 14th anniversary

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Posted on March 1, 2022 CARD-Business Development Services Foundation, Inc. (CARD-BDSFI), the marketing, product development, and agricultural arm of CARD Mutually Reinforcing Institutions (CARD MRI), celebrated its 14th anniversary on February 18, 2022. To commemorate its founding in 2008, CARD-BDSFI President and Chief Executive Officer Frederick Nicasio M. Torres looked back on their achievements and […]

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CARD-BDSFI boosts social media presence to encourage organic farming

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CARD-Business Development Service Foundation Inc. (CARD-BDSFI), a member of CARD Mutually Reinforcing Institutions, launches a series of activities on their “CARD-BDSFI Organic Demo Farm” Facebook page in its aim to promote simple organic farming at home. Through its social media page, CARD-BDSFI seeks to encourage the online community to try backyard farming. As the pandemic […]

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Payling’s Dried Fish and Pasalubong Center

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Tabo-an Market in Cebu City houses dozens of stores offering rich selection of different dried seafood including fish tocino (sweetened dried fish), dried squid, dried shrimps, dried mussels, and fish tapa. Yet among these best-seller varieties remains danggit, locally known as “buwad” in the province.    The marinated danggit is the most popular among tourists. One of the store owners […]

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Integrating BDS into microfinance operations: Another pathway out of poverty

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BUSINESS Development Services (BDS) is the provision of complimentary non-financial services to clients through any form or combination of marketing, product development, business advisory and training with the end in view of helping the clients grow their businesses and increase their income. As more and more clients grow their enterprises and transform them into small […]

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CARD of hope: Financial inclusion at its best

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I WAS 12 years old when CARD started as a foundation, providing loans to landless coconut workers. I witnessed its growth from its humble office—a classroom lent by my grandfather to my father at the back of the San Pablo City public market—to its more than 2,000 offices spread across the Philippines and other Southeast […]

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Microfinance and financial technology

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THE Microfinance Council of the Philippines reports that its members are serving five million active clients, with four million borrowers taking average loans ofP10,000. A typical loan is given face-to-face by the account officer to the borrower, whose optimum case load is 500 clients. Traditional loan processing is labor-intensive, because banking services are brought to […]