Transcript Slide 1

CARD MRI Experience in
Responding to the Needs of
Victims of Natural Calamities
Thru CARD Disaster Relief
Assistance Program (CDRAP)
By: Dr. Jaime Aristotle B. Alip
Founder and Managing Director, CARD MRI
PinoyME Forum
October 30, 2009
1986
1999
1997
2006
“Mga
Institusyon sa
iisang Misyon”
2005
2007
2007
Geographical presence of CARD MRI
Partnership
Program
with TYM in
Vietnam
since 2005
Partnership
Program in
Hongkong
since 2007
First
International
NGO Office
in Cambodia
since 2006
Establishment of an
NGO office
in Laos
starting 2009
Partnership
Program in
Indonesia
since
February
2008
More than
859 Offices
all over the
Philippines
since1986
The CARD MRI: SEPTEMBER 2009
Number of Clients: 1,052,940
(38.35% contribution in the MFI outreach in the country or
21.71% contribution to Poverty Reduction)
Number of Insured Individuals: 4,545,570
(19% contribution in the overall insured Filipinos)
Clients (incl. Savers): 931,277
Loan Clients: 909,113
Loan Outstanding: Php3.2B
Savings: Php2.2B
Repayment Rate: 99.35%
Staffing: 5,065
Offices: 859
Total Assets: Php6.9B
Total Liabilities: Php5.6B
Total Equity: Php1.3B
Operational Sufficiency: 116.78%
Financial Sufficiency: 106.20%
CARD
MBA
CARD MBA
is a mutual benefit association formed in 1999:

to extend financial assistance to its members in the
form of death benefits, medical subsidy, pension/
retirement savings and loan redemption.
- Benefits i.e. 50k/100k
- Payment Scheme – 1:3:5


 and
to actively involve its members in the direct
management
of
the
Association
including
formulation and implementation of policies and
procedures geared towards sustainability and
improved services.
“Assisting people in coping with uncertainties…”
1. Established in June 15, 2007
2. The main objectives of the Agency are:
 To
conceptualize microinsurance products
(mostly non-life) as needed by the members of
CARD MRI and its affiliates.
 To serve the identified insurance needs of CARD
MRI and its affiliates thru partnership with
various insurance companies.
CaMIA Packaged Assistance In case of Disaster Plan
(CaMIA PAID Plan)
“If misfortune befell upon you, consider your claim PAID”
Funeral Benefit of
Personal Accident up to
Php 100,000
Php 20,000
3-in-1
insurance package
for Php 250.00 yearly
premium
Re-house up to
Php 10,000
CARD DISASTER RELIEF ASSISTANCE PROGRAM
(CDRAP)
CDRAP is being implemented by CARD MBA with
the assistance of CaMIA and CARD MRI. The
program started in December 2006, when there
were large numbers of members affected by the
mudflow due to the volcanic eruption of Mayon
Volcano in Albay. Since then, this program was
implemented providing relief goods to the affected
members of natural calamities like typhoons, fire,
earthquakes, floods, landslides, volcanic eruption
and even man-made calamities like ablaze.
FAMILY PACK FOR THE AFFECTED MEMBERS
1. If it is a natural calamity like typhoons, landslide, flashfloods, earthquake,
volcanic eruption, the goods that will be given to the affected families are
the following:
1.1.
1.2.
1.3.
1.4.
1.5.
1.6.
4 kls. Rice
5 noodles
2 cans of sardines
½ kl. sugar
1 coffee (25 g)
1 liter of mineral water
2. If due to burning of house, the goods that will be given to the affected
families are the following:
2.1.
2.2.
2.3.
2.4.
2.5.
2.6.
10 kls. rice
10 noodles
5 cans of sardines
1 kl. sugar
1 coffee (25 g)
1 cooking pot
CARD MRI EXPERIENCE ON
TYHOON ONDOY AND
PEPENG
DAMAGE ASSESSMENT
PACKING OF RELIEF GOODS
DISTRIBUTION OF FAMILY PACKS
VALIDATION OF CLAIMS
AFFECTED MEMBERS
AFFECTED AREAS
CARD Inc.
Laguna
NCR
Rizal
Bulacan
Pampanga
Cavite
Batangas
Pangasinan
Tarlac
Cagayan
Ilocos
sub-total
CARD Bank
Bay
Makati
Las Pinas
La Trinidad
Nagcarlan
sub-total
RBST
Talisay
sub-total
BOAT Partners
LOBEMCO
sub-total
TYPHOON
ONDOY
TOTAL
PEPENG
11,639
16,641
11,421
2,542
849
385
459
109
42,811
23,637
1,834
2,656
8,497
37,858
3,333
389
1,107
11,639
16,641
11,421
3,391
385
459
109
23,637
1,834
2,656
8,497
80,669
670
3,333
389
1,107
670
16
5,515
25
25
0
25
25
22
22
0
22
22
670
16
4,845
TOTAL
47,703
Total Relief Assistance
38,528
86,231
Php 19.6M
AFFECTED STAFFS
Affected Staffs due to
Typhoon Ondoy
541
Affected Staffs due to
Typhoon Pepeng
457
Total
Financial Assistance
to the Staffs
998
Php 2.6M
CLAIMS PAID by CARD MBA and CaMIA
AFFECTED AREAS
Lucban
Staff-Melanie B. Salcedo*
Sison
Member
Spouse
***Re-House
sub-total
Candelaria
Staff-Felipe B. Mayamaya**
La Trinidad
Member
Spouse
Children
***Re-House
sub-total
TOTAL
TYPHOON
ONDOY PEPENG
193
193
TOTAL
CARD MBA
CARD Inc.
1
1
48
49
0
0
241
242
1
1
10,000.00
10
4
14
10
4
14
9
38
79,000.00
15,000.00
80,000.00
9
9
29
202
78
60,000.00
CLAIMS PAID
CaMIA
TOTAL
240,810.60
420,810.60
240,810.60
900,950.00
1,321,760.60
24,715.00
34,715.00
184,000.00
14,800.00
14,800.00
24,715.00
79,000.00
15,000.00
80,000.00
14,800.00
223,515.00
280 244,000.00
1,035,750.00
265,525.60
1,545,275.60
60,000.00
CARD Bank
120,000.00
OTHER INSURANCE
900,950.00
1,020,950.00
CARD MRI RELIEF AND
MICROINSURANCE ASSISTANCE
Total Assistance for the two typhoons
Relief Assistance
19.6M
Staff Assistance
2.6M
Claims Paid
1.6M
TOTAL
Php23.8M
CARD MRI LOAN REHABILITATION
ASSISTANCE
 Moratorium of loan payment
(1 week – 1 month)
 Calamity Loan for members
(Php5,000-Php10,000)
CARD MBA RELIEF AND MICROINSURANCE
ASSISTANCE 1999 TO 2009
YEAR
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
TOTAL
RELIEF ASSISTANCE
CLAIMS PAID
NO. OF AFFECTED
AMOUNT
CARD MBA
CaMIA
MEMBERS
(in million Php) (in million Php) (in million Php)
0.974
2.445
3.386
6.897
10.940
14.886
15.505
14,931
3.584
30.901
240
0.150
61.616
0.120
20,657
4.312
104.131
1.959
90,920
20.778
103.927
3.078
126,748
28.824
355.608
GRAND TOTAL AMOUNT – 389.589
5.157
IMPACT TO CARD MRI
1. Helps increase membership
expansion
2. Defaulting members update their
payment with CARD MRI
3. CARD MRI was known for its
corporate social responsibility
4. Safety net of clients
THE EXECUTIVE COMMITTEE
Maraming Salamat!
CARD MRI Philippines