The financial institutions of CARD Mutually Reinforcing Institutions (CARD MRI) have suspended its microfinance operations from March 17 to April 12, 2020. This is in response to the recent declaration by the Philippine Government of an enhanced community quarantine due to the COVID-19 outbreak. While the obligation for weekly loan payments are lifted until the […]
The CARD MRI Publishing House hosted a study tour on the microfinance and community development programs of CARD Mutually Reinforcing Institutions (CARD MRI) on March 5-6, 2020 in Laguna. This was participated by a total of 10 media practitioners from Northern and Southern Luzon. Said CARD MRI Publishing House President Marilyn M. Manila, “The study […]
On March 6, 2020, ten couples from Sta. Maria, Laguna said their vows during the mass wedding hosted by CARD Mutual Benefit Association (CARD MBA) and facilitated by Municipality Mayor Atty. Ma. Rocelle Carolino. CARD MBA hosts mass weddings since 1999 to encourage microfinance clients with live-in partners to legalize their union through marriage so […]
“We are in the business of poverty eradication,” highlighted Ms. Elma Valenzuela, president and chief Executive Officer of CARD MRI Rural Bank, Inc. during the Kaunlaran Caravan held on March 6, 2020 in Sta. Maria, Laguna. Aside from financial freedom, Ms. Valenzuela reiterated the importance of physical health and wellness of CARD MRI’s clients during […]
The Kaunlaran Caravan has flown to various provinces in the Philippines since its inception in 2017. For its first leg this year, the caravan goes back to Laguna, the home province of its implementor CARD Mutually Reinforcing Institution (CARD MRI). “After bringing our services to local communities around the country, it’s about time that we […]
CARD SME Bank opens newest branch in Bacoor City to serve mSMEs. Leading the ribbon cutting ceremony are CARD SME Bank President and CEO Aristeo A. Dequito and CARD MBA President Flordeliza Cristobal. CARD SME Bank, a thrift bank under the CARD Mutually Reinforcing Institutions opened its 34th branch in Bacoor City on February 24, 2020. […]
The CARD Mutual Benefit Association (CARD MBA) was recognized during the 71st Insurance Commission (IC) Anniversary Celebration for placing sixth in the 2019 ASEAN Corporate Governance Scorecard (ACGS) in the Philippines. “We, at CARD MBA, will continue to create better products and services that provide safety nets to our members and also to build resilient […]
The CARD Mutually Reinforcing Institutions (CARD MRI) has always been an advocate of financial inclusion. Throughout the years, it has been providing Filipinos from the low-income sector with access to financial services. As CARD MRI continues to explore new innovations to reach the goal of poverty eradication, its thrift bank—CARD SME Bank—is undergoing digital transformation […]
As part of CARD Mutually Reinforcing Institutions’ (CARD MRI) thrust to produce one graduate per family, the CARD MRI scholarship program is set to conduct its national qualifying examination in all designated testing areas in CARD’s respective offices on March 7, 2020, Saturday. CARD MRI is now accepting applications from microfinance clients and their children. […]
Insurance Commissioner Atty. Dennis Funa reported that mutual benefit associations (MBAs) registered the highest number of individuals covered by microinsurance. The MBA sector covers 25 million members and dependents which took up 62% of the market share in terms of number of individual covered, whereas non-life insurance made a 74% increase in the number of […]