People’s Credit and Finance Corporation (PCFC)
Overview (14 word limit)People’s Credit and Finance Corporation (PCFC) is a microfinance provider in the Philippines.
Description (140 word limit)The People’s Credit and Finance Corporation is a government-owned finance company based in Manila, Philippines. Its focus is microfinance, and it is mandated by the government to provide financial services to the poor through retail microfinance institutions. As of November 2013, PCFC reported partnerships with 111 microfinance institutions (MFIs) serving 2.4 million clients, an outstanding loan portfolio of PHP 3 billion (USD 66 million) and total assets of PHP 3.3 billion (USD 74 million).
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