The People’s Credit and Finance Corporation (PCFC), a Philippines government entity providing resources to retail microfinance institutions, has recently entered into a partnership with Key2Flex, an information technology company focused on rich internet applications, to assist with PCFC’s development of a geographic information system.

The system is being developed to strengthen PCFC’s programs and improve the delivery of its services through a microfinance information portal. The services of Key2Flex will be funded by the Spanish government’s Agencia Espanola Cooperation International (AECI). PCFC is present in 130 cities of the country and serves microfinance institutions that serve around 3 million customers.

By Jennifer Shevock, Research Associate

About People’s Credit and Finance Corporation: The People’s Credit and Finance Corporation is a government-owned finance company based in Manila, Philippines. Its sole focus is microfinance, and it is mandated by the government to provide financial services to the poor through retail microfinance institutions.

About Key2Flex: Key2Flex, an Adobe Solution Partner based in the Philippines, is a software development studio specializing in rich internet applications dedicated to business processes.

About Agencia Espanola Cooperation International: The Agencia Espanola Cooperation International is a Spanish government agency for international cooperative development.

Sources and Additional Resources:
“People’s Credit and Finance Corporation Selects Key2Flex” May 27, 2010.
http://www.prlog.org/10702312-peoples-credit-and-finance-corporation-selects-key2flex.htmlhttp://www.key2flex.com/blog1/?p=235

MICROCAPITAL UNIVERSE: http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=People%27s+Credit+and+Finance+Corporation+(PCFC)

MICROCAPITAL UNIVERSE: http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Key2Flex

MICROCAPITAL UNIVERSE: http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Agencia+Espanola+Cooperation+International

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