A strategic management paper for Kabalikat Para sa Maunlad na Buhay Inc. (KMBI) (A Microfinance (NGO)) /
Eunice Gale C. Tacastacas.
- 2023.
- 108 pages; 28 centimeters.
Thesis (M.A) -- Pamantasan ng Lungsod ng Maynila, 2023.
A strategic management paper submitted to the faculty of the PLM Business School - Graduate Program in partial fulfillment of the requirements in Startegic Management for the degree of Master in Business Administration
Includes references and annexes.
Kabalikat para sa Maunlad na Buhay Inc. (A Microfinance NGO) or widely known as "KMBI" is a Christ-centered development organization. It is a privately held, mission-driven organization that supports women microentrepreneurs by offering microcredit through operating subsidiaries all over the Philippines. Since 1986, low- income individuals who were deemed "unbankable" by traditional financial institutions have received microfinance and other non-financial services from KMBI. At KMBI, they prioritize their clients' overall transformation above and beyond simply offering them accessible microfinance. The main strategy for assisting them in developing a moral, respectable, empowered way of life and ultimately helping them to overcome poverty is the pursuit of sharing the good news of God and promoting Christian values. The organization that when people are reaffirmed with their faith in God, they become holistically transformed and eventually leads to progressive lives. KMBI's management team has over 25 years of experience in the microfinance industry. Their Board of Trustees is made up of knowledgeable corporate executives, economists and Christian leaders with more than 5 decades of exposure in the varying fields of financial inclusion. The microfinance market in the Philippines is large of KMBI has more than 90 branches and satellite offices spread nationwide. However, due to many factors such as increasing competition, KMBI only holds 3.41% of its market share. KMBI's goals in the next three years is to reach 250,000 clients which would yield a billion of gross revenue. The organization seeks to expand its current viability models to reach more communities, Strengthening its human capital, leadership and board governance is a way keep up with the emerging trends and challenges. While pursuing to keep abreast with improving its products and services, the company also wants to integrate digital transformation while ensuring the sustainability and profitability in the long run.