KMBI Corporate Members Hold Annual Assembly

Background Standing (L-R): Mr. Sergio G. Edeza, Trustee; Eduardo C. Jimenez, President and Vice-Chairman; Mr. Edgardo F. Garcia; Mr. Lemuel David A. Salmo, Trustee, Dr. Rodolfo P. Estigoy, Trustee; Atty. Romel R. Bagares, Corporate Secretary. Foreground Sitting (L-R): Ms. Mila M. Bunker, Trustee; David D. Gutierrez, Chairman and Vice-President, Dr. Virginia P. Juan, Trustee

Corporate Members of KMBI, once again, gathered for the Annual General Membership (AGM) Meeting at the KMBI Head Office in Valenzuela City last February 24, 2018. Elections of the Board of Trustees also took place during the AGM. Mr. David D. Gutierrez remains the Chairman of the Board, and Mr. Eduardo C. Jimenez as the President.

There has been no change in the roster of the Board of Trustees, which therefore continues to be as follows: Corporate Secretary, Atty. Romel R. Bagares; Corporate Treasurer, Mr. Edgardo F. Garcia; and Trustees Ms. Mila M. Bunker; Dr. Virginia P. Juan; Mr. Sergio G. Edeza; Dr. Rodolfo P. Estigoy; and Mr. Lemuel David A. Salmo. Corporate Members were also present during the AGM: Mr. Sebastian Quiniones, Mr. Kak Sin Koo, Bishop Jose D. Dalino, and Mrs. Lydia Malot.

It is KMBI’s intention to admit as corporate members in the next three years, one representative each from Luzon, Visayas and Mindanao from our Program Members. This is KMBI’s small nod to the principles of democratization, participation and empowerment for our Program Members. While they may not be nominated nor elected into the Board of Trustees because of obvious conflict of interest in having them sit in the Board, this is an important step towards giving them a voice in the Corporation. In due time, they may also be asked to sit as non-voting members of the various permanent and standing committees of the Board.

Furthermore, the Chairman and President lauded the hard work of everyone in bringing the organization’s vision into action. “We are grateful to the men and women of KMBI who have been serving faithfully through the years, to foster KMBI as a ministry of God, discerning His path for this Microfinance NGO and for the strength and grace, and in many ways to achieve the success KMBI has today.” the report added.

Pursuant to the Corporate Code and By-Laws of KMBI, the AGM is being held every fourth Saturday of February each year for the purpose of informing the Corporate Members the accomplishments and financial position of the organization, and electing new set of Board of Trustees.

Ivy Millare's CMA Win Celebrated in Koronadal

Microfinance Council of the Philippines Inc. (MCPI), Bangko Sentral ng Pilipinas (BSP) and CITI Foundation, in cooperation with Kabalikat para sa Maunlad na Buhay, Inc. (KMBI), reenacted the awarding ceremony of Citi Microenterprenuership Award for Ms. Millare in front of her family, friends and co-program members last January 31, 2017.

Dubbed as “Town Hall Celebratory Activity”, the moment of awarding was recreated in front of her loved ones in Koronadal, making them feel as if they were all present during the main awarding rites at the BSP held last December 06, 2017.

Highlights of the event were attestations of Ms. Millare’s contribution to her community. The Barangay Chairwoman and former neighbor of Ms. Millare recounted the tough times Ms. Millare had gone through in the past. “Di ko alam papano nya nagawa na umayos ang buhay…pero ito nagawa nya,” she shared. (I couldn’t figure out how she could muddle through…but she still made it.)

Husband of Ms. Millare also shared their business secrets in his testimonials. According to him, the secret formula for any business endeavor is giving your best and not settling for anything less. He also emphasized the importance of putting extra hard work in everything we do.

Ms. Millare herself took the final testimony. She gave credit to God, declaring that her accomplishment is a blessing from above, and that ‘apart from Him, everything is nothing.’

She also shared the humble beginnings of their business. She recalled the complaints of their customers on the blandness of their pies. But with a mindset of a microentrepreneur, she used the feedback of their customers to make necessary adjustments on their recipe and put extra effort in marketing their products. She also shared the importance of dressing up to display professionalism.

She closed her testimony by thanking KMBI for being her partner in transforming her family’s lives from poverty to a success story.

The celebration was capped off by VisMin Regional Director, Ms. Amy Andilab, and Deputy Executive Director for Credit Operations Group, Ms. Rachelle Basiya, who imparted messages to the Program Members present in the event. They encouraged the audience to follow the footsteps of Ms. Ivy Millare.

Furthermore, they assured the Program Members that KMBI will continue to support the microentrepreneurs and work continuously to elicit holistic transformation in their lives.

25 Microfinance Delegates from India and Nepal Visit KMBI

KMBI, through the Training and Advanced Education arm of the Transformational Development and Training Group (TDTG), spearheaded the study visit of 25 microfinance practitioners from India and Nepal.

The organization’s partners, which include Microfinance Council of the Philippines (MCPI) and Asia-Pacific Rural and Agricultural Credit Association Center for Training and Research in Agricultural Banking (APRACA CENTRAB), selected KMBI as model institution for practitioners to learn about microfinance operations, services, processes and practices in the Philippines.

The first batch of international delegates for 2018 was composed of 11 Nepalese practitioners who visited KMBI Panay Office last January 16 for an orientation on KMBI’s programs, services and loan processes, facilitated by Deputy Executive Director for the Transformational Development and Training Group, Ms. Hazel Christine R. Bayaca.

The delegates also visited Tandang Sora Branch to observe center meeting practices and interact with KMBI Program Members on their second day. Training Director, Mr. Anselmo Edwin B. Aruelo, facilitated the field exposure along with NCR Area Manager, Mr. Jose Archie Cruz and Officers of Tandang Sora Branch.

On the other hand, 14 delegates from National Bank for Agriculture and Rural Development (NABARD) based in India, boarded on the same exposure program last January 24-25, 2018.

KMBI is a pioneer of a microfinance approach called “trustbank” which has been widely adopted by several other organizations in different countries. The benchmarking allowed the delegates to learn best practices in microfinance as practiced by KMBI, such as the integration of values formation in center meetings as part of loan collection procedures.

2018 Plans Revealed at the General Assembly

A total of 106 Officers from the Head Office and Branches convened for the annual assembly last January 17-19, 2018 to uncover KMBI's plans for 2018.

The three-day activity, held at Quest Hotel and Conference Center, Clark Freeport Zone, Pampanga, focused on the KMBI's future plans anchored on its seven strategic directions.

Included in the assembly is a series of framework orientations from the Transformational Development and Training Group to give the participants a fresh view on the processes of how products and services are developed and implemented. Amongst the topics discussed are: 1) Social Performance Management; 2) Progress out of Poverty Index; 3) Client Protection Principles; and 4) Customer Relations Management.

On the other hand, the Human Capital Department conducted a policy reinforcement on the new employee referral incentive program and the revised Code of Conduct.

KMBI President and Vice-Chairman, Mr. Eduardo C. Jimenez, spearheaded the launching of KMBI's theme verse for 2018, centered on Romans 12:1-2.

A commitment run was held on the last day, symbolic of the long road ahead that requires sacrifice and dedication from the participants to be able to achieve the long-term vision of the organization.

Since 2014, the General Assembly has been taking place annually to solidify communication, cooperation, and fellowship among branch and Head Office officers. This also aims to promote unity by enhancing staff valuing and building close & healthy relationships.