Philippines: Impact of COVID-19 on Micro, Small, and Medium Enterprises (MSMEs)
The extended community quarantine imposed by the government to contain the spread of COVID-19 has adversely affected MSMEs in the Philippines. This report outlines the impact of the pandemic on MSMEs and provides recommendations for policymakers to support their recovery.
How do MFI Clients Spend Remittance Money in the Philippines
In this video, Louie Cepe, Manager at MicroSave, talks about behavioural issues that drive utilisation of remittance income by recipients. He elaborates on how providers can nudge their clients to judiciously use the remittance money.
Accelerating Financial Inclusion in South-East Asia with Digital Finance
Digital finance presents a potentially transformational opportunity to advance financial inclusion. In this report commissioned by the Asian Development Bank, the role that digital finance can play in accelerating financial inclusion, focusing on four Southeast Asian markets – Indonesia, the Philippines, Cambodia, and Myanmar is discussed.
Institutionalising Social Performance Management In Financial Institutions: What Does It Take? – Part 1
Implementing social performance management (SPM) in microfinance institutions (MFIs) has challenges. The Part 1 of this Briefing Note (BN) explains the first two pillars viz. Board commitment and management’s role.