Welcome!

Topics to Be Covered

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 microfinance program—a 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).

August 04, 2003: RBB was renamed Progressive Bank, Inc. (PBI).

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

mid-2006: Suga KABULIG Solar PhotoVoltaic Lending 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 umwad KABULIG (business) and KABULIG panguma (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).

History of the Bank

Institutional Values

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: Market Expansion 1.1. Microfinance (KABULIG) Expansion

1.2. Regular Banking Expansion

Strategy 2: Resource Mobilization 2.1. Networking

2.2. Microfinance Advocacy

Strategy 3: Product Innovation 3.1. Savings and Insurance

3.2. Renewable Energy

3.3. Microleasing

3.4. Micro-Agri Loan

3.5. Enterprise Development Support

Strategy 4: Human Resource Development

4.1. Management Development

4.2. Management Information System

4.3. Staff Support

Strategy 5: Disaster Management 5.1. Calamity Fund

Strategy 6: Market Protection 6.1. Client Dropout Prevention

6.2. Delinquency Prevention

6.3. Public Relations

Who’s WhoBoard of DirectorsCol. Eduardo E. Kapunan Jr. (PAF, Ret.) ChairmanElsa A. Kapunan MemberSevero E. Kapunan MemberAtty. Victor R. Sumulong MemberCarlos Jose Virgilio A. Jalandoni MemberEthel P. Demaisip Member (Independent)

Annabelle F. Hiso Member (Independent)

Bank OfficersCol. Eduardo E. Kapunan Jr. (PAF, Ret.) PresidentElsa A. Kapunan Asst. to the Pres.Carlos Jose Virgilio A. Jalandoni Vice PresidentJolyn C. Balberona ManagerZobel A. de la Cruz Compliance OfficerMarie June A. Dato CashierNinfa B. Bartolome Microfinance Head

Who’s Who

Board of Directors

President & CEO

General Manager

HRD MIS

EntDev ResMob

Balasan Operations Manager

Iloilo City Operations Manager

Microfinance Head

Who’s Who

MF Head

Balasan Area Head

Pototan Area Head

Ugyon Area Head

Area Supervisor

Account Officers

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

Products & Services

LOANS

Regular Banking

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

Products & Services

Microfinance Loans

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

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

Products & Services

SERVICES

Money Transfer (Western Union) Government Check Rediscounting SSS Remittance

Profile of Kabulig MF Members

Invested part of loan in business

100%

Type of Business

Trading 50%

Manufacturing 5%

Service 15%

Farming 7%

Animal Raising 23%

Loan Use: Type of Business

Profile of Kabulig MF Members

Food 99%

Pay other debts 47%

Clothes or HH items 22%

Emergency 22%

HH improvement 4%

Celebration 1%

Loan to Others -

Loan Use: Loan Proceeds