MFI ReportPartnerships
| Name | Relationship |
|---|---|
| APPEND | Network Affiliation |
| MCPI | Network Affiliation |
| Oikocredit | Funding |
| Opportunity International | Network Affiliation |
Related Organizations
| Name | Relationship |
|---|---|
| KBank | Partner |
Mission:
OMB strives to make banking a means to help the poor develop their God-given capabilities, nurture their faith and lift themselves out of poverty.
Background and Main Challenges:
Opportunity Microfinance Bank was established in 2001 through the joint efforts of the APPEND Network Office, four APPEND member organizations and the Opportunity International Network to address the growing need of the poor for microfinance services. As the first microfinance-oriented thrift ... Read more
Opportunity Microfinance Bank was established in 2001 through the joint efforts of the APPEND Network Office, four APPEND member organizations and the Opportunity International Network to address the growing need of the poor for microfinance services. As the first microfinance-oriented thrift bank in the Philippines, OMB envisions itself to be a world-class Christian national bank providing credit, savings, business development and transformational services to the entrepreneurial poor. Hide
Address:
Unit RHC-1, Block 1, Lot 53 Robinson's Homes East Arcade, Circumferential Road
Antipolo City
Philippines
Phone:
(632) 630-0141
Fax:
(632) 630-0165
Email:
info [at] omb [dot] org [dot] ph
Website:
Main Funding Sources:
Loans
Savings
Shareholder Capital
Products and Services:
Loans
Voluntary Savings
Products:
Loan Products Group Loan Product provides unsecured loans ranging from $80 to $500 to groups of microentrepreneurs for additional capital of microenterprises. Individual Lending Product from $900 or greater is offered to entrepreneurs with bigger loan requirements as additional capital for ... Read more
Loan Products Group Loan Product provides unsecured loans ranging from $80 to $500 to groups of microentrepreneurs for additional capital of microenterprises. Individual Lending Product from $900 or greater is offered to entrepreneurs with bigger loan requirements as additional capital for growing businesses. Typically secured with collateral, but targets a non-traditional segment of the market. Savings Products Regular Savings Product - an initial deposit of only $10 enables the daily wage earners and microentrepreneurs to save. Kabalikat Savings Product - the initial deposit of PhP 10,000, enables the higher salaried to save money while at the same time supporting a minimum of one microenterprise. Special Savings Product targets the higher income groups who wish to save their money and at the same time help support microenterprises. Initial deposit required is PhP100,000. Hide
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 2001
FYE:
31-Dec
Current Legal Status:
Bank
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Lydio PedregosaPresident and CEOltpedregosa [at] omb [dot] org [dot] ph(632) 630-0141
-
Marilie B. InopiaFinancial Analystminopia [at] omb [dot] org [dot] ph(632) 630-0141
