2002 - 2003

Review of the Micro and SME Finance Sector of the Philippines

In 2002, LFS was commissioned by KfW to carry out a review of the micro and SME finance sector of the Philippines. The study included the following:

  • Analysis of the MSME sector, its sectoral and regional structure, its potential, and the obstacles to its development
  • Assessment of the regulatory and supervisory framework for microfinance institutions and banks
  • Analysis of the current crisis of the Philippine banking system, and its causes
  • Assessment of the financial and technical capacity of the micro and SME finance sector to offer loans and other financial services to MSMEs
  • Evaluation of the Government Financial Institutions engaged in SME and micro finance
  • Assessment of other donors’ activities
  • Development of project options for KfW, and elaboration of a detailed project proposal