Presentation made during the ICMIF Development Network Seminar in Kenya 2009.

2. "Mga Institusyon sa Iisang Misyon" 2006 CARD MUTUALLY REINFORCING INSTITUTIONS (CARD MRI) as ONE 2007 2005 1999 1997 1986

3. Geographical presence of CARD MRI Partnership Program in Hongkong since 2007 777 Branches and Offices all over the Philippines since1986 Partnership Program in Indonesia since February 2008 First International NGO Office in Cambodia since 2006 Partnership Program with TYM in Vietnam since 2005

5. CARD MBA Bldg. Colago Ave., San Pablo City 4000 C ENTER FOR A GRICULTURE and R URAL D EVELOPMENT M UTUAL B ENEFIT A SSOCIATION, Inc. CARD MBA stands for ….

6. Automatic Membership to CARD MBA

7. Year 1994 Members Mutual Fund (MMF) was established by CARD, Inc. for loan redemption in case of death of member-borrowers. Brief History CARD Mutual Benefit Association, Inc. Contribution: 1.0% of the principal amount of loan. Only loans above Php 10,000.00 are covered. The Fund was under the custody and being managed by CARD, Inc. Benefit: Upon death of member-borrower, CARD will pay the balance of the loan.

9. All throughout those years, CARD’s in-house microinsurance program has no actuarial assessment and analysis. Year 1998 Brief History CARD Mutual Benefit Association, Inc. CARD also realized that the institution was at risk because CARD was responsible for pension payment. And fulfilling its obligation to members would DECAPITALIZE CARD leading to potential bankruptcy. When the assessment was done, CARD realized that a member would contribute for two years just to cover one month of pension benefit.

11. CARD MBA’s VISION, MISSION, PRODUCTS & SERVICES

12. CARD MBA has SHARED VISION with CARD MRI C F I S H E S

13. CARD MRI’s VISION CARD MRI is the global leader in the microfinance industry owned and led by members upholding the core values of : C ompetence F amily spirit I ntegrity S implicity H umility E xcellence and S tewardship Shared Vision…… CARD Mutual Benefit Associations, Inc.

15. Products of CARD MBA LIFE INSURANCE PROGRAM with TOTAL & PERMANENT DISABILITY, ACCIDENTAL DEATH and MOTOR VEHICLE ACCIDENTAL HOSPITALIZATION (MVAH) BENEFITS ALL LOANS INSURANCE PACKAGE (modified Loan Redemption Fund) with Automatic Loan Offsetting After Disability (Auto-LOAD) RETIREMENT SAVINGS FUND REFUND OF CONTRIBUTIONS

19. Life Insurance Premiums >> Php 15.00 or 31 cents dollar but can be given a maximum benefits of Php 100,000 or $ 2,127.66.

22. Yearly Membership, Claims Payment & Total Assets as of May 31, 2009 CARD Mutual Benefit Association, Inc. 1,420.509 350.251 347.761 54.480 805,978 2009 1,168.190 274.118 249.461 101.912 687,934 2008 671.532 382.861 243.453 180.855 130.823 70.200 28.072 13.824 6.608 TOTAL ASSETS (Php 000) 197.077 147.549 61.616 469,457 2007 CUMULATIVE YTD 105.863 85.933 30.901 247,850 2006 77.904 55.032 15.505 144,499 2005 61.052 39.527 14.886 112,174 2004 46.015 24.641 10.940 116,395 2003 24.177 13.701 6.896 69,223 2002 11.436 6.805 3.386 49,887 2001 9.473 3.419 2.445 35,704 2000 6.596 0.974 0.974 28,531 1999 FUND BALANCE (Php 000) CLAIMS PAYMENT (Php 000) MEMBERSHIP YEAR

23. 2007 2006 2005 1986 1997 2007 1999

24. 2007 2006 2005 1986 1997 2007 1999

25. THANK YOU... SALAMAT PO ! PEACE… KAPAYAPAAN… SALAM