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

October 6, 2023 REVENUE MEMORANDUM CIRCULAR NO. 104-2023 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 herewith the "Updated List of Microfinance NGOs Accredited by the Microfinance NGO Regulatory Council (MNRC) as of September 2023." aScITE Under the Implementing Rules and Regulations of Republic Act (RA) No. 10693, otherwise known as the "Microfinance NGOs 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. Included in the said list are the Accredited MF-NGOs for the periods 2022 to 2025 and 2023 to 2026. All concerned are hereby enjoined to give this Circular as wide a publicity as possible. (SGD.) ROMEO D. LUMAGUI, JR. Commissioner of Internal Revenue ATTACHMENT Updated List of Accredited Microfinance NGOs (MF-NGOs) As of September 2023 ACCREDITED MF-NGOs FOR THE PERIOD 2022 TO 2025 NAME OF MICROFINANCE NGO CERTIFICATE OF ACCREDITATION NO. DATE OF ISSUANCE DATE OF PRIOR MNRC ACCREDITATION 1. ASA PHILIPPINES FOUNDATION, INC. (A MICROFINANCE NGO) 0001-22 1-Mar-22 1-Mar-19 2. SEDP-SIMBAG SA PAG-ASENSO, INC. (A MICROFINANCE NGO) DOING BUSINESS UNDER THE NAME AND STYLE OF SEDP-SIMBAG MICROFINANCE [FORMERLY: SEDP-SIMBAG SA PAG-ASENSO, INC. (A MICROFINANCE NGO) DOING BUSINESS UNDER THE NAME AND STYLE OF SEDP-SIMBAG] 0002-22 1-Mar-22 1-Mar-19 3. SAKLAW FOUNDATION, INC. (A MICROFINANCE NGO) 0003-22 1-Mar-22 1-Mar-19 4. ALALAY SA KAUNLARAN MICROFINANCE SOCIAL DEVELOPMENT, INC. 0004-22 1-Mar-22 1-Mar-19 5. ARDCI MICROFINANCE, INCORPORATED 0005-22 21-Mar-22 21-Mar 19 6. COMMUNITY ECONOMIC VENTURES, (A MICROFINANCE NGO), INC. 0006-22 28-Mar-22 28-Mar-19 7. JMH MICROFINANCE, INC. 0009-22 1-Mar-22 1-Mar-19 8. KABALIKAT PARA SA MAUNLAD NA BUHAY, INC. (A MICROFINANCE NGO) 0010-22 1-Mar-22 1-Mar-19 9. KASANYANGAN CENTER FOR COMMUNITY DEVELOPMENT AND MICROFINANCE FOUNDATION, INC. 0011-22 28-Mar-22 28-Mar-19 10. KAZAMA GRAMEEN MICROFINANCE, INC. 0012-22 1-Mar-22 1-Mar-19 11. 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 0014-22 28-Mar-22 28-Mar-19 12. SERVIAMUS FOUNDATION, INCORPORATED DOING BUSINESS UNDER THE NAME & STYLE OF SERVIAMUS MICROFINANCE 0016-22 21-Mar-22 21-Mar 19 13. SURIGAO ECONOMIC DEVELOPMENT AND MICROFINANCE FOUNDATION, INC. 0017-22 1-Mar-22 1-Mar-19 14. BAYAN ENTERPRISE DEVELOPERS, GROWERS AND EVOLVERS-MICROFINANCE AND BUSINESS SERVICES, INC. 0018-22 21-Mar-22 21-Mar 19 15. ECLOF PHILIPPINES MICROFINANCE, INC. 0019-22 21-Mar-22 21-Mar-19 16. PAGASA NG MASANG PINOY MICROFINANCE, INC. 0020-22 21-Mar-22 21-Mar-19 17. RAFT MICRO-FINANCE, INC. 0021-22 21-Mar-22 21-Mar-19 18. CENTER FOR AGRICULTURE AND RURAL DEVELOPMENT (CARD), INC. (A MICROFINANCE NGO) 0023-22 21-Mar-22 21-Mar-19 19. AHON SA HIRAP, INC. (A MICROFINANCE NGO) 0024-22 28-Mar-22 28-Mar-19 20. PEOPLE'S ALTERNATIVE LIVELIHOOD MICROFINANCE FOUNDATION OF SORSOGON (PALMFS), INC. 0026-22 15-May-22 15-May-19 21. TULAY SA PAG-UNLAD, INC. (A MICROFINANCE NGO) 0027-22 15-May-22 15-May-19 22. USWAG DEVELOPMENT FOUNDATION, INC. (A MICROFINANCE NGO) 0028-22 14-Dec-22 10-Dec-19 ACCREDITED MF-NGOs FOR THE PERIOD 2023 TO 2026 23. CORDILLERA COMMUNITY MICROFINANCE (CCMI), INC. 0001-23 30-August-23 1-Mar-22 1 *** NOTHING FOLLOWS *** Footnotes 1. CORDILLERA COMMUNITY MICROFINANCE (CCMI), INC. was initially re-accredited on 1 March 2022 but its accreditation was subsequently revoked on 1 June 2022.