KMBI Announces Roster of Leaders for 2024

from top-left: Mr. Edgardo F. Garcia, Mr. Gary J. Jamora, Dr. Rodolfo P. Estigoy, Mr. Lemuel David A. Salmo, Mr. Sebastian C. Quiniones Jr., Mr. Caleb Kak Sin Koo, Mr. Eduardo C. Jimenez.
from bottom-left: Bishop Jose D. Dalino, Ms. Aneth Ng-Lim, Dr. Virginia P. Juan, Ms. Victoria Esperanza Z. Cartera, and Mr. Sergio G. Edeza.

The Board of Trustees and Corporate Members of KMBI convened for their Annual General Membership (AGM) Meeting on March 8, 2024 at the KMBI Panay Conference Hall in Quezon City.

The AGM included an election of KMBI Board of Trustees. Mr. Sergio G. Edeza and Ms. Aneth Ng-Lim continue to serve as Chairman and Vice-Chairman, respectively, while Mr. Eduardo C. Jimenez remains to be President, Mr. Gary Jamora as Corporate Secretary, and Mr. Lemuel David Salmo as Corporate Treasurer.

Other members of the Board include Bishop Jose D. Dalino, Dr. Rodolfo P. Estigoy, Mr. Sebastian C. Quiniones Jr., and Ms. Victoria Esperanza “Perry” Z. Cartera.

Apart from the election of Trustees, the meeting also identified the composition of officers and members in various Board Committees.

The AGM is an annual meeting of key leaders of KMBI pursuant to the Corporation Code and the organization’s By-Laws. The mandatory meeting includes the discussion of KMBI’s fiscal health, evaluation of the organization’s operational and financial performance, voting of new members, and resolution of other organizational matters.

More than 1,500 victims of landslide, flooding receive aid from KMBI

Program Members from ComVal with KMBI staff as they receive aid. Courtesy: Mark Jenelle Kho

A total of 1,574 KMBI Program Members affected by the recent flooding and landslide in February received assistance from KMBI in the form of relief goods and housing materials as part of the organization's Disaster Preparedness and Response Management (DPRM) program.

KMBI’s branches in Nabunturan, Butuan, San Francisco, Mati, Tagum, Metro Davao 2 and Metro Davao 3 actively took part in the mobilization of resources and swift delivery of relief to the victims of calamity.

The DPRM is among the various non-financial services of KMBI designed to provide relief to victims of disasters and calamities. This aims to mitigate financial vulnerabilities brought about by these unforeseen events.

KMBI's Legal Victory Over The Corporate Dispute


A decade ago, KMBI was faced with an unprecedented challenge of its history. The so-called corporate dispute of 2014 has shaken the confidence of all Kabalikats, posing uncertainties to the future of our organization and its vision and mission. It has been a protracted spiritual, financial, emotional and legal battle. So much has been estranged from us—our dear friends, resources, clients, time, and more. The risk of reputational integrity was hanging like a Damocles sword to all of us! But there is one thing that had never been taken away from us, it is our faith in the Almighty!!!

Indeed, God is never late in His promise of reward to the faithful. A decade later, we have emerged triumphant in this long-winding legal battle. The court has affirmed our legitimacy as an organization, finally putting an end to the decade-long corporate dispute. As tempting as it may be to say that victory is ours, we should be reminded that all these victories are from the Almighty God!

We can now leave behind a decade of struggle as we pick up the lessons we’ve learned along the way. We have been put through a test of fire and came out humbler, more resilient, more unified, and even more faithful to God. True to our battle cry, “ARISE KMBI!”, we rose up from this very fateful incident which we can now look back on—not as a bitter experience, but as a testament of God’s faithfulness to us.

We are immensely grateful to everyone who has stayed around and fought this formidable battle alongside us. We are grateful to our network organizations (APPEND and MCPI), our colleagues in the microfinance community, our trustees who brave the risk of court cases, and of course to our staff and management and the branch people who stayed with the Head Office. We are assured that God has witnessed the sacrifices that each of us made to savor this sweet victory.

We enjoin everyone in prayers for a smooth process in the complete recovery of KMBI’s assets, as well as the healing of many whose hearts have been scarred and continue to suffer from the scars inflicted by the events that had transpired a decade ago. With the subsequent transfer and conversion of our previous PCO offices to what is now a supposedly legal LMI, we will be relentless as we pursue the final completion of what the court has decided, i.e., all branches that sided with the break away group will have to do an inventory of what was taken and how it was used and then return those assets to the legal KMBI or be charged with contempt and other legal suits. We move forward as ONE KMBI!

Tunay na Masaya Dito Sa KMBI because God is with us!

Eduardo C. Jimenez
President, KMBI

KMBI Partners with Cebuana Lhuillier to Digitalize Loan Disbursement


KMBI announces the pilot testing of the automated disbursement program for KMBI Program Members via the digital platform offered by Cebuana Lhuillier.

With this partnership, KMBI is set to pilot the issuance of the Cebuana Microsavings 24k card which provides an additional method for clients to receive their loan proceeds. This allows for a streamlined and more convenient way of delivering KMBI’s programs.

The ATM card features free withdrawal at any Cebuana Lhuillier branches, quick, safe and accessible transactions, and no minimum maintaining balance, among others.


The automated loan disbursement project was first piloted in KMBI San Jose Del Monte Branch, onboarding a total of 676 Program Members. As of date, KMBI has digitally disbursed loans amounting to more than PhP 7 million.

This effort is consistent with one of the organization’s strategic directions, which is to integrate digital transformation into its programs and services. The digital loan disbursement pilot is set to expand later this year to the branches of Cauayan, Solano, Mandaue, Tacurong and Metro Davao 1.