Making lending work for the poor and vulnerable
Climate Change Adaptation Project (CCAP) Caselette No. 1: A case on making lending work for the poor and vulnerable: Project flyer
The Baug CARP Beneficiaries Multi-Purpose Cooperative: Working on farmers' huge potential for savings; protecting farmers and their families through insurance; integrating non-financial services for greater impact; and building partnerships for capacity and resource sharing.
It is a matter of making lending work better for the poor. This, in the assessment of Luxmi B. Auxillo, General Manager of the Baug CARP Beneficiaries Multi-Purpose Cooperative (BCBMPC), is what its partnership for the test run of an innovative financing scheme - cooperative model for climate change risk vulnerable barangays has brought about.