• TSPI was founded by David Bussau of Maranatha Trust (Australia), Kirk Fowler and Barry Harper of Institute for International Development (IIDI) United States, together with Filipino civic leaders Aurelio Llenado, Romulo Petines, Dr. Ricardo Jumawan, Dr. Eliseo Pajaro and Lyn Baldemor.

• It was registered with the Securities and Exchange Commission on October 20, 1981 as a non-profit development corporation.


• Opened its office at the Conservative Baptist Association of the Philippines (CBAP) Headquarters on February 15, 1982 with Leigh Coleman serving as Acting Administrator. A month later, TSPI moved to Room 308, Anita Building, Quezon Avenue, Quezon City.

• Eliseo Lademora, Jr. became TSPI’s first Executive Director on September 15, 1982.

• The Small and Enterprise Development Program (SEDP) was launched and disbursed loan to its first client, Avelino Marciano.


• Awarded “Partner of the Year for Job Creation Efficiency and Most Number of Jobs Created” by IIDI and Maranatha Trust.

• Partnership with Bank of the Philippine Islands was established for staff training and a loan for on-lending to small entrepreneurs.


• Transferred to a permanent office in Padilla Building in Ortigas, Pasig, Metro Manila, when TSPI entered into a partnership in the stewardship of physical assets with World Concern International.

• Community-based Small Business Development Program in Valenzuela and Sapang Palay, Bulacan was initiated in cooperation with Philippine Business for Social Progress (PBSP) and with funding from TEAR Fund of the Netherlands.

• Accredited as a Private Volunteer Organization (PVO) by United States Agency for International Development (USAID).

• Received funding from USAID and Christoffel-Blinden Mission to help enhance its Entrepreneurship Development Program and to assist enterprises that employ the differently-abled, particularly the blind.


• Extended technical and financial assistance for the establishment of community-based development institutions with assistance from Australian development experts.

• Started replicating its services in the countryside through the establishment of provincial partners, namely KMBI (Kabalikat Para sa Maunlad na Buhay, Inc.) in Valenzuela City, TSKI (Taytay sa Kauswagan, Inc.) in Ilo-ilo City, RSPI (Rangtay sa Pagrang-ay, Inc.) in Baguio City, ASKI (Alalay sa Kaunlaran sa Gitnang Luzon, Inc.) in Cabanatuan City, HSPFI (Hagdan sa Pag-uswag Foundation, Inc.) in Cagayan de Oro City and TPKI (Talete King Panyulung Kapampangan, Inc.) in San Fernando, Pampanga


• SAKBAYAN Program (Sasakyan ng Bayan or Transport for the Masses) was launched to enable clients to purchase tricycles for a source of livelihood.


• The six provincial partners (KMBI, TSKI, ASKI, RSPI, HSPFI and TPKI) together with TSPI formed themselves into one umbrella organization called the Alliance of Philippine Partners in Enterprise Development (APPEND).

• Transformation Program, which is anchored on a wholistic and Bible-based framework, was launched.


• Kabuhayan (Livelihood) Program was launched and received hands-on training, technical assistance and support from Grameen Bank and Grameen Trust.

• Linkages was established with Credit and Savings for the Hardcore Poor (CASHPOR), a network of twenty-two institutions working to reduce poverty in the Asia-Pacific region by providing financial services to poor women.


• Spearheaded the formation of a Coalition of microfinance practitioners and advocates (known as the Philippine Coalition for Microfinance Standards) to craft a set of performance standards that will guide the transformation of non-governmental organizations (NGOs) into viable and sustainable microfinance institutions.

• Occupied the new Headquarters at 2370 Antipolo St., Guadalupe Nuevo, Makati City.


• Received the “Overall Performance Award” from Opportunity International Network, a global network of microfinance practitioners and support partners, based on repayment rate, client outreach, average loan size, operational sustainability, governance and transformation.

• Joined other Microfinance Institutions in organizing the Microfinance Council of the Philippines, Inc. (MCPI), a local coalition of microfinance practitioners and support partners.

• Individual lending program called the Association for Social Advancement (ASA) Program was launched.


• TSPI Kabuhayan Graduation Program (TKP 2) was launched featuring larger loans for creditworthy clients with growing enterprises.

• Engaged COCOLIFE to provide life and accidental death insurance coverage for all its clients.

• Pioneered the release of loan to its clients through Automated Teller Machines (ATMs) of Landbank of the Philippines and Bank of the Philippine Islands.


• Client Lucila Cruzada of Batangas received the “2002 Best Microentrepreneur of the Year for Luzon Award” from Citigroup.

• TSPI Multi-purpose Cooperative was founded and registered with the Cooperative Development Authority (CDA) in January 2002 to provide savings and credit facility for employees as well as opportunity to take part in TSPI’s community development initiatives.


• Recognized as one of Grameen Foundation USA’s High Growth Partners.

• Received a “Certificate of Achievement for the Most Number of Clients” among Opportunity International Partners in twenty-five countries.

• Established Project Partnership Agreement with Opportunity International Australia and was extended with first grant to support MIS enhancement and branch operations in Baliuag (Bulacan), Noveleta (Cavite), San Fernando and Balaoan (La Union).

• Client Dyna Mendoza of Pangasinan received the “2004 Best Microentrepreneur of the Year for Luzon Award” from Citigroup.

• Client Melanie Solivio of Pateros received the “Outstanding Client in the Philippines for 2004 Award” from Opportunity International Australia.

• Established its 55th branch and achieved 100, 000 client outreach.

• Recognized as an “Organization Advancing the Status of Women” by Soroptimist International, Philippines (Metro Manila Southeastern District).

• TSPI Executive Director, Ruben C. de Lara, was elected President of MCPI.


• TSPI Palayan Program was launched to provide farmers access to microcredit, technical assistance and the latest technology in rice farming in partnership with Bayer

Philippines and local government units.

• Received funding from the Consultative Group to Assist the Poor (CGAP) for the conduct of institutional rating by CRISIL, an international rating agency and a partner of the world’s largest rating agency Standard & Poors, and given a rate of two on a scale of one to eight reflecting long track record, superior governance practices and robust systems, processes and control instituted by management.

• Received the “Five Diamond Rating” on transparency by US-based Microfinance Information Exchange (MIX), composed of 443 microfinance institutions, 68 funders and 113 market facilitators around the world.

• TSPI earned the distinct privilege of being the first microfinance NGO accredited by the Philippine Health Insurance Corporation (PhilHealth) to act as conduit that will link the poor to health insurance benefits. PhilHealth gave TSPI an institutional rating of 90.25%, considered as an “exceptional record” by a partner.


• Social Housing Program was launched in partnership with Habitat for Humanity Philippines, to provide clients access to loans for house construction and repair.

• TSPI Mutual Benefit Association, Inc. (MBA) obtained its license to operate from the Insurance Commission. Through the MBA, TSPI is able to provide its clients and staff better life insurance coverage.

• Ground-breaking of the new Headquarters in Makati City.


• TSPI MBA launched its Life Insurance, Accident and Accidental Dismemberment and Disablement for TSPI borrowers and micro-insurance for all poor.

• Health insurance program was launched in thirty-nine TSPI branches in partnership with PhilHealth.

• Housing and Sanitation Loan Program was launched and rolled out to serve clients in Metro Manila and in the provinces.

• Total assets reached One Billion Pesos in October 2007.


• Advocacy for the passage of the “Micro-enterprise Development Institution (MEDI) Act,” was led by TSPI, which aims to provide Microfinance NGOs a legal framework for adopting a wholistic approach to poverty eradication that shall govern NGO-MFIs as social development institutions.

• Awarded as the “Best NGO” by the province of Pangasinan.

• Ranked 61st in the “Top 100 Microfinance Institutions in Asia” by the Asian Development Bank and the Microfinance Information Exchange.

• TSPI MBA was granted approval by the Insurance Commission to include insurance coverage of the members’ children up to a maximum of four for the same amount of premium in June 2008.

• Total loan portfolio reached One Billion Pesos in December 2008.


• TSPI Executive Director, Ruben C. de Lara, was elected as second-time President of MCPI.

• TSPI MBA was granted approval by the Insurance Commission to implement further improvements on the Accidental Death, Dismemberment and Disablement and equity value for the same amount of premium in August 2009.

• First Water Refilling Station (WaterHope) and Community Center was opened in Signal Village, Taguig City, offering safe and affordable drinking water for the poor households in the area, in partnership with Wholistic Transformation Resource Center (WTRC) and TSPI Multi-purpose Cooperative.

• Opened the first two branches in Mindanao: Malaybalay and Valencia branch in the province of Bukidnon.

• Relief and Rehabilitation Program is formed to support 56,000 clients and staff adversely affected by typhoons Ondoy and Pepeng in Luzon with PhP17.6 million donations generated from the Board, Management, staff and partners of TSPI.

• Achieved 500, 000 net client outreach for microcredit (50%) and micro-insurance (50%) in September 2009.


• New TSPI Building inaugurated in time with the 29th anniversary celebration on October 25, 2010.

• As of November 2010, achieved a net outreach of 520,102 (micro credit 287,382 & micro insurance 232,720) from 161 branches, total assets of PhP1.864 billion and total loan portfolio of PhP1.450 billion.

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