MFI ReportMission:
INSTITUTION CLOSED BY BSP IN 2006.
Area Development Bank works together with SASFI (St. Augustine Scholarship Fund inc.), the first providing micro credits and the second doing community organizing, training and enterprise development activities. This independent, but complementary ... Read more
Area Development Bank works together with SASFI (St. Augustine Scholarship Fund inc.), the first providing micro credits and the second doing community organizing, training and enterprise development activities. This independent, but complementary ... Read more
INSTITUTION CLOSED BY BSP IN 2006.
Area Development Bank works together with SASFI (St. Augustine Scholarship Fund inc.), the first providing micro credits and the second doing community organizing, training and enterprise development activities. This independent, but complementary approach permits to optimize results. Hide
Area Development Bank works together with SASFI (St. Augustine Scholarship Fund inc.), the first providing micro credits and the second doing community organizing, training and enterprise development activities. This independent, but complementary approach permits to optimize results. Hide
Background and Main Challenges:
INSTITUTION CLOSED BY BSP IN 2006.
SASFI, a community organization created in 1966, started a small micro lending program in 1990. This successful program became a distinct enterprise in 1994 with the name of Sambali Community Rural Bank. In March 1999 it became the Area Development ... Read more
SASFI, a community organization created in 1966, started a small micro lending program in 1990. This successful program became a distinct enterprise in 1994 with the name of Sambali Community Rural Bank. In March 1999 it became the Area Development ... Read more
INSTITUTION CLOSED BY BSP IN 2006.
SASFI, a community organization created in 1966, started a small micro lending program in 1990. This successful program became a distinct enterprise in 1994 with the name of Sambali Community Rural Bank. In March 1999 it became the Area Development Bank is engaged in business and also committed to the development of the economic condition of the local people of the Philippines. It has demonstrated a unique and promising approach that effectively combine socio-economics and business objectives. Presently Sambali Bank has up to 7,000 households. Sambali Bank and SASFI have been operating in fifty percent of all the Barangays in the whole Province of Zambales, Angeles City, Isabela province and Neuva Ecija Province. Hide
SASFI, a community organization created in 1966, started a small micro lending program in 1990. This successful program became a distinct enterprise in 1994 with the name of Sambali Community Rural Bank. In March 1999 it became the Area Development Bank is engaged in business and also committed to the development of the economic condition of the local people of the Philippines. It has demonstrated a unique and promising approach that effectively combine socio-economics and business objectives. Presently Sambali Bank has up to 7,000 households. Sambali Bank and SASFI have been operating in fifty percent of all the Barangays in the whole Province of Zambales, Angeles City, Isabela province and Neuva Ecija Province. Hide
Address:
Alejandro N. Camara Bldg. Sambali Center
Iba Zambales
Philippines
Phone:
63 47 811 1082
Fax:
63 47 811 2646
Email:
sambali [at] epic [dot] net
Products and Services:
Loans
Voluntary Savings
Training and Consulting
Products:
INSTITUTION CLOSED BY BSP IN 2006.
Sambali Bank promotes a complete loan package. Together with SASFI and other organizations, trains people and assists them in setting up community enterprises and so, in effect, pre qualifies them for financial assistance.
Sambali Bank promotes a complete loan package. Together with SASFI and other organizations, trains people and assists them in setting up community enterprises and so, in effect, pre qualifies them for financial assistance.
Looking for (Investment Types):
Loans in Local Currency
Equity investments
Loans in US$
% Operations Comprised by MF:
0 - 10
Date established:
Jan 1 1984
FYE:
31-Dec
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
