SEEDFINANCE has been providing high quality financial services to millions of poor and low-income people in the Philippines through its strong network of more than 80 partner-financial institutions in complementation with technical and business development services to ensure stability, capability and long-term sustainability. It also delivers loans, working capital and asset acquisitions to small businesses.
In 2011, SEEDFINANCE successfully delivered its services to more than 1.7Million end-clients through its increased number of over 80 partners-organizations in 12 regions, 32 province and more than 140 cities and municipalities across the Philippine archipelago.
Since its incorporation, wholesale loan disbursement increased to 63%; Loan Portfolio grew to 46%; Total Assets raised to 49% and ROE of 11%.
In partnership with SMART Communications, more than 60 Money-In, Money-Out (MIMO) centers are established in rural areas which numbers continue to increase; and has deployed more than 30 ATMs in hard-to-reach areas through partnership with ENCASH.