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

December 27, 2022 REVENUE MEMORANDUM CIRCULAR NO. 159-2022 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 December 2022 ." 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. Also included in the said list are the MF-NGO Certificates of Accreditation revoked by the MNRC and expired Certificate of Accreditation, with reference to Revenue Memorandum Circular (RMC) No. 151-2022. 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 December 2022 MF-NGOs WITH UNEXPIRED CERTIFICATES OF ACCREDITATION 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 ACCREDITED MF-NGOs FOR THE PERIOD 2022 TO 2025 2. ASA PHILIPPINES FOUNDATION, INC. (A MICROFINANCE NGO) 0001-22 1-Mar-22 1-Mar-19 3. 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 4. SAKLAW FOUNDATION, INC. (A MICROFINANCE NGO) 0003-22 1-Mar-22 1-Mar-19 5. ALALAY SA KAUNLARAN MICROFINANCE SOCIAL DEVELOPMENT, INC. 0004-22 1-Mar-22 1-Mar-19 6. ARDCI MICROFINANCE, INCORPORATED 0005-22 21-Mar-22 21-Mar 19 7. COMMUNITY ECONOMIC VENTURES, (A MICROFINANCE NGO), INC. 0006-22 28-Mar-22 28-Mar-19 8. JAIME V. ONGPIN MICROFINANCE FOUNDATION, INC. 0008-22 1-Mar-22 1-Mar-19 9. JMH MICROFINANCE, INC. 0009-22 1-Mar-22 1-Mar-19 10. KABALIKAT PARA SA MAUNLAD NA BUHAY, INC. (A MICROFINANCE NGO) 0010-22 1-Mar-22 1-Mar-19 11. KASANYANGAN CENTER FOR COMMUNITY DEVELOPMENT AND MICROFINANCE FOUNDATION, INC. 0011-22 28-Mar-22 28-Mar-19 12. KAZAMA GRAMEEN MICROFINANCE, INC. 0012-22 1-Mar-22 1-Mar-19 13. LIFEBANK MICROFINANCE FOUNDATION, INC. DOING BUSINESS UNDER THE NAME/S AND STYLE/S OF LIFEBANK FOUNDATION 0013-22 1-Mar-22 1-Mar-19 14. 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 15. RANGTAY SA PAGRANG-AY MICROFINANCE, INC. 0015-22 1-Mar-22 1-Mar-19 16. SERVIAMUS FOUNDATION, INCORPORATED DOING BUSINESS UNDER THE NAME & STYLE OF SERVIAMUS MICROFINANCE 0016-22 21-Mar-22 21-Mar 19 17. SURIGAO ECONOMIC DEVELOPMENT AND MICROFINANCE FOUNDATION, INC. 0017-22 1-Mar-22 1-Mar-19 18. BAYAN ENTERPRISE DEVELOPERS, GROWERS AND EVOLVERS-MICROFINANCE AND BUSINESS SERVICES, INC. 0018-22 21-Mar-22 21-Mar 19 19. ECLOF PHILIPPINES MICROFINANCE, INC. 0019-22 21-Mar-22 21-Mar 19 20. PAGASA NG MASANG PINOY MICROFINANCE, INC. 0020-22 21-Mar-22 21-Mar 19 21. RAFI MICRO-FINANCE, INC. 0021-22 21-Mar-22 21-Mar 19 22. ST. ELIZABETH COMMUNITY DEVELOPMENT PROGRAM (SECDEP), INC. (A MICROFINANCE NGO) 0022-22 21-Mar-22 21-Mar 19 23. CENTER FOR AGRICULTURE AND RURAL DEVELOPMENT (CARD), INC. (A MICROFINANCE NGO) 0023-22 21-Mar-22 21-Mar 19 24. AHON SA HIRAP, INC. (A MICROFINANCE NGO) 0024-22 28-Mar-22 28-Mar-19 25. PEOPLE'S ALTERNATIVE LIVELIHOOD MICROFINANCE FOUNDATION OF SORSOGON (PALMFS), INC. 0026-22 15-May-22 15-May-19 26. TULAY SA PAG-UNLAD, INC. (A MICROFINANCE NGO) 0027-22 15-May-22 15-May-19 27. USWAG DEVELOPMENT FOUNDATION, INC. (A MICROFINANCE NGO) 0028-22 14-Dec-22 10-Dec-19 REVOKED CERTIFICATE OF ACCREDITATION EFFECTIVE OCTOBER 26, 2022 NAME OF MICROFINANCE NGO CERTIFICATE OF ACCREDITATION NO. DATE OF ISSUANCE DATE OF PRIOR MNRC ACCREDITATION 1. SPES PAUPERUM FOUNDATION (SPFI) MICROFINANCE NGO, INC. 0002-21 25-Aug-21 18-Mar-18 EXPIRED CERTIFICATE OF ACCREDITATION EFFECTIVE JUNE 14, 2022 NAME OF MICROFINANCE NGO CERTIFICATE OF ACCREDITATION NO. DATE OF ISSUANCE DATE OF PRIOR MNRC ACCREDITATION 2. KATUWANG RESOURCE CENTER, INC. (A MICROFINANCE NGO) 0028-19 14-Jun-19 11-Jul-18 REVOKED CERTIFICATE OF ACCREDITATION EFFECTIVE JUNE 1, 2022 NAME OF MICROFINANCE NGO CERTIFICATE OF ACCREDITATION NO. DATE OF ISSUANCE DATE OF PRIOR MNRC ACCREDITATION 3. CORDILLERA COMMUNITY MICROFINANCE (CCMI), INC. 0007-22 1-Mar-22 1-Mar-19 REVOKED CERTIFICATES OF ACCREDITATION EFFECTIVE APRIL 29, 2022 4. TAYTAY SA KAUSWAGAN (A MICROFINANCE NGO), INC. 0025-22 28-Mar-22 28-Mar-19 5. URBAN PROGRAM FOR LIVELIHOOD FINANCE & TRAINING (UPLIFT) PHILIPPINES MICROFINANCE, INC. 0001-21 29-Jan-21 28-Mar-18 *** NOTHING FOLLOWS ***