Welcome!

Topics to Be Covered

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History & VMGSP Who’s who Bank policies & code of conduct Benefits review Performance reviews Products & services Profile of KABULIG Members

History of the Bank

      March 08, 1975: Rural Bank of Balasan (RBB) established.

March 21, 1994: a new group of young entrepreneurs led by Elsa A. Kapunan, Col. Red Kapunan Jr., Atty. Vic Sumulong and Col. Ceferino Sarmenta was issued an authority to take over by the Bangko Sentral ng Pilipinas. October 1998: RBB re-registered with the Securities and Exchange Commission (SEC).

2002: start of KABULIG Grupo group lending program using a combo approach of the Grameen system, MABS (micro-access to banking services), and GRASA (a mix of Grameen and Association of Social Advancement systems).

microfinance program—a August 04, 2003: RBB was renamed Progressive Bank, Inc. (PBI).

October 15, 2005: Loan Collection and Disbursement Point (LCDP) established in Pototan, Iloilo.

History of the Bank

     mid-2006: Suga KABULIG Program for Gigantes islands and other non-electrified areas of northern Iloilo. It is a government-subsidized individual microfinance loan program, in partnership with the Department of Energy (DOE), Solar Electric Company (Solarco), Development Bank of the Philippines and People’s Credit and Finance Corporation.

2007: the rural bank expanded its microfinance products and services to include the KABULIG panguma Solar PhotoVoltaic Lending umwad KABULIG (business) and (agri-fishery) loan programs under the USAID-Microenterprise Access to Banking Services (MABS). Also, KABULIG Clean Air.

January 2008: opening of the bank’s Iloilo City branch.

PBI is accredited by the Bangko Sentral ng Pilipinas, Land Bank of the Philippines, and People’s Credit and Finance Corporation. It is a member of the Philippine Deposit Insurance Corporation (PDIC), Rural Bank Association of the Philippines (RBAP), and Iloilo Federation of Rural Banks (IFRB).

Institutional Values

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God-centered Exemplary public service through social entrepreneurship Integrity

Vision

A progressive, stable and caring financial institution that uplifts the quality of life of the poor.

Isa ka progresibo, istable kag may pagpalangga nga institusyon nga nagabulig sa pagpasanyog sang kalidad sa pagpangabuhi sang mga pigado.

Mission

To be a leading service provider of innovative financial services and enterprise development support for the economic empowerment of the poor in Panay.

Mangin nagapanguna nga magahatag sang mga bag-o nga serbisyo pinansyal, bulig kag suporta para sa pag-umwad sang negosyo para sa economic empowerment sang mga pigado sa Panay.

Objectives

In the next five years (2008-2012), PBI aims to:     Reach out to 65,000 clients through innovative financial products and enterprise development support.

Ensure financial sustainability of the organization.

Delight customers with quality products and services.

Make PBI a happy and rewarding place to work in.

Strategies & Programs

Strategy 1: Strategy 2:

Resource Mobilization

Strategy 3: Strategy 4: Strategy 5: Strategy 6:

Market Expansion Product Innovation Human Resource Development Disaster Management Market Protection 1.1. Microfinance (KABULIG) Expansion 1.2. Regular Banking Expansion 2.1. Networking 2.2. Microfinance Advocacy 3.1. Savings and Insurance 3.2. Renewable Energy 3.3. Microleasing 3.4. Micro-Agri Loan 3.5. Enterprise Development Support 4.1. Management Development 4.2. Management Information System 4.3. Staff Support 5.1. Calamity Fund 6.1. Client Dropout Prevention 6.2. Delinquency Prevention 6.3. Public Relations

Who’s Who

Board of Directors

Col. Eduardo E. Kapunan Jr. (PAF, Ret.) Elsa A. Kapunan Severo E. Kapunan Atty. Victor R. Sumulong Carlos Jose Virgilio A. Jalandoni Ethel P. Demaisip Annabelle F. Hiso

Bank Officers

Col. Eduardo E. Kapunan Jr. (PAF, Ret.) Elsa A. Kapunan Carlos Jose Virgilio A. Jalandoni Jolyn C. Balberona Zobel A. de la Cruz Marie June A. Dato Ninfa B. Bartolome Chairman Member Member Member Member Member (Independent) Member (Independent) President Asst. to the Pres.

Vice President Manager Compliance Officer Cashier Microfinance Head

Who’s Who

Board of Directors President & CEO

HRD EntDev MIS ResMob Balasan

Operations Manager General Manager

Iloilo City

Operations Manager Microfinance Head

Who’s Who

Balasan Area Head MF Head Pototan Area Head Ugyon Area Head Area Supervisor Area Supervisor Area Supervisor Area Supervisor Area Supervisor Area Supervisor Area Supervisor Area Supervisor Area Supervisor Account Officers Account Officers Account Officers Account Officers Account Officers Account Officers Account Officers Account Officers Account Officers

Products & Services LOANS

Regular Banking

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SSS, PVAO, GSIS Loan Agricultural Loan Commercial Loan Salary Loan (LGU Employees) Real Estate & Chattel Loan Seaman/OFW Loan

Products & Services

Microfinance Loans

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Kabulig Grupo (group lending program) Umwad Kabulig (microenterprise loan) Umwad Panguma (micro-agri loan) Suga Kabulig (solar PV lending program) Kabulig Clean Air (2-stroke LPG converter kit)

Products & Services SAVINGS

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Regular savings Time deposit Special Savings Plus for Kids Kiddie & Teen Savers

Products & Services SERVICES

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Money Transfer (Western Union) Government Check Rediscounting SSS Remittance

Profile of Kabulig MF Members

Loan Use: Type of Business

Invested part of loan in business Type of Business

Trading Manufacturing Service Farming Animal Raising 100% 50% 5% 15% 7% 23%

Profile of Kabulig MF Members

Loan Use: Loan Proceeds

Food 99% Pay other debts Clothes or HH items Emergency HH improvement Celebration Loan to Others 47% 22% 22% 4% 1% -