10% Salary Increase Across-the-Board Implemented

KMBI implements a 10% across-the-board salary increase to all its regular employees effective July 31, 2015.

Across-the-board increases will be implemented even while the Human Capital Group is still in the middle of putting together a comprehensive job rationalization and salary scale.

The Board hopes that next year, with improved financial performance from all branches, KMBI will be even in a better position to further increase the benefits available to all its officers and staff.

Intervention Workshop Held to Improve Organizational Development

To assess and improve organizational development, the Board of Trustees, Management Committee and selected staff attended a 3-day intervention workshop last July 1-3, 2015 at the La Breza Hotel, Quezon City.

It was facilitated by Ms. Mila Bunker and Lalaine Joyas, respected microfinance educators and practitioners. Both are esteemed members of the Microfinance Council of the Philippines, with deep and extensive microfinance experience.

The seminar served as an introduction and reviewer for Social Performance Management (SPM) as participants evaluated KMBI's various products, programs and methodologies and recommended changes under SPM lens.

"I am happy to have the opportunity to attend this type of workshop. It made me realize how complex it is to make a loan product since there are a lot of considerations before the roll-out." Jeric Encinas, Program Assistant from Daet, shares his learning experience.

"This is the first time we were able to convene everyone from Board to Program Assistant, from north to south to participate and be part of designing and improving KMBI's products and processes. Each voice is important and insights will be highly considered in developing and standardizing policies and loan products." Mr. Rizaldy Duque, executive director said in his closing remarks.

Staff and Clients can expect better programs and procedures in the months to come, as the organization moves forward to 1KMBI.

KMBI, First Life Renew Partnership

KMBI and First Life Financial Co., Inc. strengthened their partnership through a renewal MOA signing last June 16, 2015 at the KMBI Panay Office, Quezon City. Included within the MI framework were general enhancements on the microinsurance product that will be implemented starting July 1, 2015.


Present during the meeting were members of the Board and Management of KMBI, First Life Financial Co., Inc., Pinoy Ako Insurance Services and MI consultants of KMBI. Signatories of the MOA were (PHOTO: FROM LEFT) Mr. Rizaldy R. Duque-Executive Director, KMBI, Eduardo C. Jimenez- President & Vice-Chairman, KMBI; Peter G. Coyuito-First Life President & CEO, First Life Financial Co., Inc. and Jaime M. Santiago - Executive Vice-President & Actuary First Life Financial Co., Inc. signed as witnesses.

Santiago Branch joins Brigada Skwela

Last May 23, 2015, Santiago Branch embarked on Brigada Skwela, a yearly endeavor in Santiago City National High School wherein students, parents and volunteers clean up and maintain their public school for incoming students.

The volunteers swept the school, helped in the gardening and repaired some of the furniture. "We are doing this to foster good relations within our community and possibly promote the services of KMBI with other volunteers like us", Earl Benito, Branch Manager of KMBI Santiago said.

Contact KMBI

12 San Francisco Street, Karuhatan,
Valenzuela City, Metro Manila 1441, Philippines

Telephone

+632 2911484 to 86


Fax

+632 2922441


Email

customerservice@kmbi.org.ph