This case study demonstrates how an NGO microfinance institution went from being skeptical to optimistic about innovative approaches to social development in the Philippines. With the prevalence of poverty on the rise in the Philippines, from 37% of the population to 50% in three years, the FCB Foundation, Inc. (FCBFI) was founded as the first microfinance institution in the province of Bohol, as a branch of the First Consolidated Bank. The FCBFI’s mission is to address the social development needs of the population through microcredit programs, aiming to create jobs and expand entrepreneurial activities. But questioning arose that FCBFI had been spreading itself thin across too many development sectors. Integrated population, health, and environment (PHE) approaches were introduced to FCBFI with PATH Foundation Philippines, Inc. (PFPI)’s project, Integrated Population and Coastal Resource Management (IPOPCORM). This gave birth to a partnership between the two organizations.
Source: Population Reference Bureau