The Birth of LRTD Inc.
It was the year of 2016 in August 15, when the Leadership for Reformation and Transformational Development Inc. was officially registered in SEC by its founding organizations in Central and North Luzon. These Microfinance NGOs came together because of the need to co–exist, co- mentor and create relationships vital to each other’s existence. It was also the year that the landscape of the Microfinance industry is forced to take a new road for development.
In the same year the government has required MFIs in the Philippines to level up its services to the clients of the industry. Best practices among practitioners have to be shared for the common survival of the sector. Stiff competition from other sectors such as banks and cooperatives are also using micro-financing as a platform of servicing and assisting disadvantaged groups is gaining grounds due to better and more responsive approaches to the program.
The Industry of Microfinance has a lot of nitpicking to do and has a share of its own mistakes and lapses in the overall implementation of the program.
Hence the government has created Microfinance NGO Regulatory Council (MNRC) to ensure that organizations of the industry are properly regulated and following acceptable standards in its implementation. MFIs are also working to be accredited with regard to Social Performance Management.
Due to fast development and increasing demand of the Industry, organizations which include Talete King Panyu-lung Microfinance NGO, Light Microfinance Incorporated, Rangtay sa Pagrang-Ay Microfinance Incorporated and Philippine Microfinance For Alternative Development and Empowerment Inc . have binded together and decided to mentor and share their expertise and resources. This is to ensure that the group can cope with the fast-paced demand of the sector while maintaining and achieving relevance in the industry.
Although the Concept of the Informal Network was established by the organizations, the very intention of the group was initially based on the need for accreditation and maintain institutional partnerships with one another. Until a time that the group has decided to explore further as to what it can do to serve one another. A Friday Team was informally created to continue updating each other. Some common organizational training requirements of this group were also severely conducted. Until a Technical Working Group to study and recommend to heads of the 4 organizations how to level up and formalize partnerships. The group was also tasked to assess if such partnership will create interdependence and beneficial to all in the long run.
The informal meetings and partnerships continued until 2018 till the middle of 2019. The Founding Organizations finally decided in 2020 to organize the Office of the Leadership for Reformation and Transformational Development Inc. with regular employees headed by an Executive Director to flesh out and implement programs that are responsive to the needs of the member organizations.
The Network is now officially having its Office at the TPKI Business Center in San Fernando City and currently carrying out its mandate based on its Vision and Mission.
OUR FAMILY
Network Members
Lead with Integrity and Good Governance in Helping Communities for Holistic Transformation (LIGHT Microfinance, Inc)
Rangtay sa Pagrang-Ay Microfinance, Inc (RPMI)
Talete King Panyulung Kapampangan (A Microfinance NGO) Inc. (TPKI)
Philippine Microfinance for Alternative Development and Empowerment, Inc. (PHILMADE)
Leadership for Reformation and Transformational Development, Inc. (LRTDI) is currently composed of Four Organizations strategically located all over the Philippines.
LIGHT (Lead with Integrity and Good Governance in Helping Communities for Holistic Transformation)Microfinance, Inc., is a non-stock, non-profit organization registered on October 27, 2015 as God’s way of preserving His ministry in nation building through poverty alleviation. With more than 100,000 families being served in its 55 branches and around 900 staff nationwide, the organization aims to create an impact through its various financial and non-financial programs and services such as its tailor-fitted microfinance products, disaster preparedness assistance, loan recovery programs, health and nutrition programs, scholarship program, and other community development programs. The name LIGHT is drawn from John 8:12 when Jesus said, “I am the LIGHT of the world...,” as it is only through Him that we can find the true light that will lead us to the right path; and through walking closely with Him can we only illuminate His light to the communities we serve.
VISION: Communities enlightened by the love of God living in abundance, dignity, peace, and hope.
MISSION: As a Christ-centered organization, we commit to serving communities by providing access to sustainable and inclusive developmental programs and services. Core Values:
Love of God
Innovativeness
Good Governance
Humility
Transparency
Integrity of Creation
PROGRAMS AND SERVICES
Financial Services: Multi-Purpose Loan (MPL), Growth-Oriented Microenterprise Loan (GML), Agricultural Loan (AGL), Light Loan Program (LLP), Microinsurance, CBU (Capital Build-Up).
Non- Financial Services: Values Formation, Family Life Program, Health & Wellness Program, Social Services Program,Environmental Care Program and Light Intergrated Farm and Training Center.
Rangtay sa Pagrang-ay Microfinance, Inc. (RPMI) is a non-stock, non-profit, Christian microfinance NGO duly registered with the Securities and Exchange Commission on March 1987 and commenced its formal operations in the province of Benguet in September of that same year. At that time, its main objective was the provision of financial assistance in terms of loans to women micro entrepreneurs who were unable to avail of the services of formal financing institutions. As RPMI continued to evolve, so did its programs and services. Today RPMI maintains 27 branches spread out in the provinces of Pangasinan, Tarlac, Ilocos Sur, Ilocos Norte, La Union, Cagayan, Isabela, Nueva Vizcaya and the Cordilleras. As in the case of any MFI, the institution experienced its share of the struggles and challenges brought about by a highly competitive industry and the ever changing microfinance landscape. Thus, RPMI opted to maintain a rather conservative expansion program up to the present. RPMI offers various types of loan products and a capital build-up scheme that cater to the diverse needs of the entrepreneurial poor. Other non-financial services include community and business development programs, wholistic transformation activities all geared towards uplifting the lives of its target clientele. RPMI aims to fully integrate the Client Protection Principles into its operational areas as it moves forward to realizing its social goals of reaching target clients, meeting target clients’ needs and changing target clients’ lives.
RPMI’s dream of reaching greater heights, going beyond microfinance and putting clients first is slowly becoming a REALITY.
VISION: “We aspire to see God’s gift of personal and societal transformation manifested in Luzon. We envision a society where poor Filipino families grow in God’s leading and grace, with thriving livelihood endeavors, improved living standards, and contribute to the welfare of others.”
MISSION “Transforming the lives of poor Filipino entrepreneurs, farmers, fisher folks and their families by providing responsive and inclusive microfinance products and services through Christ-centered enterprise and community development.”
CORE VALUES
Christ-centeredness
Compassion
Competence
Commitment
PROGRAMS AND SERVICES
Financial Services: General Business Loan, Agricultural Development Program Loan (ADP), Small and Medium Enterprise Loan (SME), Multi-purpose Loan, Community Development Loan (ComeDev Loan), Capital Build-UP (CBU) (Compulsary &Voluntary CBU).
Non-Financial Services
Family Protection Program, Transformation Program (SPECS Development), Scholarship Program (Knowledge Development Program), Program Development (a. Community Development Program b. Business Development Services c. Disaster Management Program)
Talete king Panyulung Kapampangan (A Microfinance NGO) Inc.
TPKI is a non-stock, non-profit Christian organization engaged in poverty alleviation. It officially started its operation in July 1988 with eleven (11) volunteered Board of Trustees and three (3) paid staff. At present, TPKI has (9) active Board of Trustees and two hundred twenty (220) staffs. It has fourteen offices, the Head Office, nine branches and four unit offices, catering to the whole province of Pampanga, Tarlac, Bulacan and Bataan and some part of Pangasinan. TPKI was registered to Securities and Exchange Commission on October 26,1987.
VISION
Christ-centered, Self-sufficient, Others Driven, Environment-Friendly Communities.
MISSION
As servants commissioned by God we will strive to offer the struggling poor people, we are serving with products and services, whereby they can experience the love of Christ and have fullness of life
CORE VALUES
Teamwork
Passion for Excellence
Kingdom Building
Integrity
PRODUCTS AND SERVICES
1. ALOW - a group lending that caters exclusively to the struggling poor women both in rural and urban areas.
2.INDIVIDUAL LOAN PROGRAM - a follow up project for ALOW beneficiaries who have out grown the small loans under ALOW program and are ready for bigger loans.
3.SALARY LOAN - provide alternative financing source to the inadequately employed workers to cut their independence on usurers who charge very high interest rates which often eat up income from employment.
Philippine Microfinance for Alternative Development and Empowerment, Inc.
PhilMade also known as Philippine Microfinance for Alternative Development and Empowerment Inc. is registered as a non-stock, non-profit and Christian development organization engaged in poverty alleviation. It was registered with the Securities and Exchange Commission in October 9, 2017. It was formed by a group of people impelled by God’s love help support poor families and communities through microfinance program.
Philmade serves as a linkage between the creditors (whom like Philmade, are called to serve the poor) and the clients, the micro entrepreneurs whom Philmade believes are the key towards economic prosperity. Philmade focuses its assistance to clients who are not served by the banking system. Many of them do not have collateral and their loan requirements are relatively small. About 90% of all clients are women. Close to 65% are engaged in merchandising. About 20% are into small businesses (small eatery, food processing, hog raising) 10% are farmers or agricultural assisted business and less than 5% are in small-scale manufacturing.
VISION STATEMENT
A sustainable organization working together with transformed and empowered families serving the community all for the glory of God.
MISSION STATEMENT
We as committed stewards impelled by God’s love endeavor to provide holistic programs and services to help support transform and empower Filipino poor communities. and working with its core values of Christ centered, Integrity and Service Oriented.
PROGRAMS AND SERVICES
A. Finance a center or group program
B. Credit and Savings Mobilization
b.1 The Proyektong Pangkaunlaran ng Bayan (PPB)/Group Lending
b.2 Individual Lending
b.3 Microinsurance
C. CAPACITY BUILDING PROGRAM