Circularizing the Updated List of Accredited Microfinance Non-Government Organizations (NGOs)

May 28, 2020 REVENUE MEMORANDUM CIRCULAR NO. 058-20 SUBJECT : Circularizing the Updated List of Accredited Microfinance Non-Government Organizations (NGOs) TO : All Internal Revenue Officers, Employees and Others Concerned For the information and guidance of all internal revenue officers, employees and others concerned, we are publishing herein the attached " Updated List of Microfinance NGOs Accredited by the Microfinance NGO Regulatory Council (MNRC) as of May 26, 2020 ." Under the Implementing Rules and Regulations of Republic Act (RA) No. 10693, otherwise known as the "Microfinance NGO Act," a Certificate of Accreditation shall be valid for a period of three (3) years from the date of issuance, unless earlier revoked by the MNRC. HTcADC All concerned are hereby enjoined to give this Circular a wide publicity as possible. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue ATTACHMENT Updated List of Accredited Microfinance NGOs (MF-NGOs) As of May 26, 2020 ACCREDITED MF-NGO FOR 2019 NAME OF MICROFINANCE NGO CERTIFICATE OF ACCREDITATION NO. DATE OF ISSUANCE DATE OF PRIOR MNRC ACCREDITATION 1. ALALAY SA KAUNLARAN MICROFINANCE SOCIAL DEVELOPMENT, INC 0001-19 01-Mar-19 28-Mar-18 2. ASA PHILIPPINES FOUNDATION, INC. (A MICROFINANCE NGO) 0002-19 01-Mar-19 28-Mar-18 3. CORDILLERA COMMUNITY MICROFINANCE (CCMI), INC. 0003-19 01-Mar-19 11-July-18 4. JAIME V. ONGPIN MICROFINANCE FOUNDATION, INC. 0004-19 01-Mar-19 N/A 5. JMH MICROFINANCE, INC. 0005-19 01-Mar-19 28-Mar-18 6. KABALIKAT PARA SA MAUNLAD NA BUHAY, INC. (A MICROFINANCE NGO) 0006-19 01-Mar-19 28-Mar-18 7. KAZAMA GRAMEEN MICROFINANCE, INC. 0007-19 01-Mar-19 28-Mar-18 8. LIFEBANK MICROFINANCE FOUNDATION, INC. DOING BUSINESS UNDER THE NAME AND STYLE OF LIFEBANK FOUNDATION 0008-19 01-Mar-19 28-Mar-18 9. RANGTAY SA PAGRANG-AY MICROFINANCE, INC. 0009-19 01-Mar-19 28-Mar-18 10. SAKLAW FOUNDATION, INC. (A MICROFINANCE NGO) 0010-19 01-Mar-19 28-Mar-18 11. SEDP-SIMBAG SA PAG-ASENSO, INC. (A MICROFINANCE NGO) DOING BUSINESS UNDER THE NAME AND STYLE OF SEDP-SIMBAG 0011-19 01-Mar-19 28-Mar-18 12. SURIGAO ECONOMIC DEVELOPMENT AND MICROFINANCE FOUNDATION, INC. 0012-19 01-Mar-19 28-Mar-18 13. ARDCI MICROFINANCE, INCORPORATED 0013-19 21-Mar-19 28-Mar-18 14. BAYAN ENTERPRISE DEVELOPERS, GROWERS AND EVOLVERS-MICROFINANCE AND BUSINESS SERVICES, INC. 0014-19 21-Mar-19 28-Mar-18 15. ECLOF PHILIPPINES MICROFINANCE, INC. 0015-19 21-Mar-19 28-Mar-18 16. PAGASA NG MASANG PINOY MICROFINANCE, INC. 0016-19 21-Mar-19 28-Mar-18 17. RAFI MICRO-FINANCE, INC. 0017-19 21-Mar-19 28-Mar-18 18. SERVIAMUS FOUNDATION INCORPORATED DOING BUSINESS UNDER THE NAME AND STYLE OF SERVIAMUS MICROFINANCE 0018-19 21-Mar-19 28-Mar-18 19. ST. ELIZABETH COMMUNITY DEVELOPMENT PROGRAM (SECDEP), INC. (A MICROFINANCE NGO) 0019-19 21-Mar-19 28-Mar-18 20. CENTER FOR AGRICULTURE AND RURAL DEVELOPMENT (CARD), INC. (A MICROFINANCE NGO) 0020-19 21-Mar-19 28-Mar-18 21. AHON SA HIRAP, INC. (A MICROFINANCE NGO) 0021-19 28-Mar-19 11-July-18 22. COMMUNITY ECONOMIC VENTURES, (A MICROFINANCE NGO), INC. 0022-19 28-Mar-19 28-Mar-18 23. KASANYANGAN CENTER FOR COMMUNITY DEVELOPMENT AND MICROFINANCE FOUNDATION, INC. 0023-19 28-Mar-19 28-Mar-18 24. NEGROS WOMEN FOR TOMORROW FOUNDATION, INC. (A MICROFINANCE NGO) DOING BUSINESS UNDER THE NAME/S AND STYLE/S OF NEGROS WOMEN FOR TOMORROW FOUNDATION, INC. OR NWTF 0024-19 28-Mar-19 28-Mar-18 25. TAYTAY SA KAUSWAGAN (A MICROFINANCE NGO), INC. 0025-19 28-Mar-19 28-Mar-18 26. PEOPLE'S ALTERNATIVE LIVELIHOOD MICROFINANCE FOUNDATION OF SORSOGON (PALMFS), INC. 0026-19 15-May-19 28-Mar-18 27. TULAY SA PAG-UNLAD, INC. (A MICROFINANCE NGO) 0027-19 15-May-19 28-Mar-18 28. KATUWANG RESOURCE CENTER, INC. (A MICROFINANCE NGO) 0028-19 14-Jun-19 11-Jul-18 29. USWAG DEVELOPMENT FOUNDATION, INC. (A MICROFINANCE NGO) 0029-19 10-Dec-19 N/A ACCREDITED MF-NGO FOR 2020 NAME OF MICROFINANCE NGO CERTIFICATE OF ACCREDITATION NO. DATE OF ISSUANCE DATE OF PRIOR MNRC ACCREDITATION 1. KPS-SMALL ENTERPRISE AND ECONOMIC DEVELOPMENT, MICROFINANCE, INC. 0001-20 27-Jan-20 28-Mar-18 *** NOTHING FOLLOWS ***