SCPI – SOCIAL MICROFINANCE

SOCIAL MICROFINANCE TO INCREASE RESILIENCE OF MARGINALIZED PEOPLE – COMPLETED
This project aims to provide microfinance loans and training to beneficiaries in isolated villages who mainly derive their living from farming and agriculture revenue. SCPI opened a branch in Catarman which should achieve financial viability within 6 years.
Created in 2014 and supported since 2016 by Entrepreneurs du Monde, SCPI is engaged in improving in a sustainable manner the resilience and living conditions of marginalized families in urban and rural communities of Northern Samar, by providing financial and socio-economic services tailored to their needs for the development of income generating activities. SCPI uses the
individual responsibility group methodology promoted by Entrepreneurs du Monde, which has a strong social component, brings down all the barriers to access loans (no financial or physical guarantees, no joint liability collateral system) and promotes the strengthening of beneficiaries’ skills to develop their income-generating activities.
In addition to microloans, SCPI provides socioeconomic training and social support.

Financial services affordable for the poorest (Catarman branch)
• Number of active borrowers: 1 495 as of 31/12/2019
• Granted loan portfolio: 397 198 € as of 31/12/2019
• Socio-economic training: financial education, social and health awareness
• Training modules: 27 as of 31/12/2019
• Training sessions: 523 as of 31/12/2019
• Training of local teams, including five credit agents, in social microfinance methodology developed by Entrepreneurs du Monde.