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

April 20, 2022 REVENUE MEMORANDUM CIRCULAR NO. 50-2022 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 herein the attached " Updated List of Microfinance NGOs Accredited by the Microfinance NGO Regulatory Council (MNRC) as of April 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. All concerned are hereby enjoined to give this Circular as wide a publicity as possible. CAESAR R. DULAY Commissioner of Internal Revenue By: (SGD.) MARISSA O. CABREROS Deputy Commissioner Legal Group Officer-in-Charge ATTACHMENT Updated List of Accredited Microfinance NGOs (MF-NGOs) As of April 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. PEOPLE'S ALTERNATIVE LIVELIHOOD MICROFINANCE FOUNDATION OF SORSOGON (PALMFS), INC. 0026-19 15-May-19 28-Mar-18 2. TULAY SA PAG-UNLAD, INC. (A MICROFINANCE NGO) 0027-19 15-May-19 28-Mar-18 3. KATUWANG RESOURCE CENTER, INC. (A MICROFINANCE NGO) 0028-19 14-Jun-19 11-Jul-18 4. USWAG DEVELOPMENT FOUNDATION, INC. (A MICROFINANCE NGO) 0029-19 10-Dec-19 N/A 5. KPS-SMALL ENTERPRISE AND ECONOMIC DEVELOPMENT, MICROFINANCE, INC. 0001-20 27-Jan-20 28-Mar-18 6. URBAN PROGRAM FOR LIVELIHOOD FINANCE & TRAINING (UPLIFT) PHILIPPINES MICROFINANCE, INC. 0001-21 29-Jan-21 28-Mar-18 7. SPES PAUPERUM FOUNDATION (SPFI) MICROFINANCE NGO, INC. 0002-21 25-Aug-21 28-Mar-18 ACCREDITED MF-NGO FOR THE PERIOD 2022 TO 2025 NAME OF MICROFINANCE NGO CERTIFICATE OF ACCREDITATION NO. DATE OF ISSUANCE DATE OF PRIOR MNRC ACCREDITATION 8. ASA PHILIPPINES FOUNDATION, INC. (A MICROFINANCE NGO) 0001-22 1-Mar-22 1-Mar-19 9. 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 10. SAKLAW FOUNDATION, INC. (A MICROFINANCE NGO) 0003-22 1-Mar-22 1-Mar-19 11. ALALAY SA KAUNLARAN MICROFINANCE SOCIAL DEVELOPMENT, INC. 0004-22 1-Mar-22 1-Mar-19 12. ARDCI MICROFINANCE, INCORPORATED 0005-22 21-Mar-22 21-Mar-19 13. COMMUNITY ECONOMIC VENTURES, (A MICROFINANCE NGO) INC. 0006-22 28-Mar-22 28-Mar-19 14. CORDILLERA COMMUNITY MICROFINANCE (CCMI), INC. 0007-22 1-Mar-22 1-Mar-19 15. JAIME V. ONGPIN MICROFINANCE FOUNDATION, INC. 0008-22 1-Mar-22 1-Mar-19 16. JMH MICROFINANCE, INC. 0009-22 1-Mar-22 1-Mar-19 17. KABALIKAT PARA SA MAUNLAD NA BUHAY, INC. (A MICROFINANCE NGO) 0010-22 1-Mar-22 1-Mar-19 18. KASANYANGAN CENTER FOR COMMUNITY DEVELOPMENT AND MICROFINANCE FOUNDATION, INC. 0011-22 28-Mar-22 28-Mar-19 19. KAZAMA GRAMEEN MICROFINANCE, INC. 0012-22 1-Mar-22 1-Mar-19 20. LIFEBANK MICROFINANCE FOUNDATION, INC. DOING BUSINESS UNDER THE NAME/S AND STYLE/S OF LIFEBANK FOUNDATION 0013-22 1-Mar-22 1-Mar-19 21. 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 22. RANGTAY SA PAGRANG-AY MICROFINANCE, INC. 0015-22 1-Mar-22 1-Mar-19 23. SERVIAMUS FOUNDATION, INCORPORATED DOING BUSINESS UNDER THE NAME & STYLE OF SERVIAMUS MICROFINANCE 0016-22 21-Mar-22 21-Mar-19 24. SURIGAO ECONOMIC DEVELOPMENT AND MICROFINANCE FOUNDATION, INC. 0017-22 1-Mar-22 1-Mar-19 25. BAYAN ENTERPRISE DEVELOPERS, GROWERS AND EVOLVERS-MICROFINANCE AND BUSINESS SERVICES, INC. 0018-22 21-Mar-22 21-Mar-19 26. ECLOF PHILIPPINES MICROFINANCE, INC. 0019-22 21-Mar-22 21-Mar-19 27. PAGASA NG MASANG PINOY MICROFINANCE, INC. 0020-22 21-Mar-22 21-Mar-19 28. RAFI MICRO-FINANCE, INC. 0021-22 21-Mar-22 21-Mar-19 29. ST. ELIZABETH COMMUNITY DEVELOPMENT PROGRAM (SECDEP), INC. (A MICROFINANCE NGO) 0022-22 21-Mar-22 21-Mar-19 30. CENTER FOR AGRICULTURE AND RURAL DEVELOPMENT (CARD), INC. (A MICROFINANCE NGO) 0023-22 21-Mar-22 21-Mar-19 31. AHON SA HIRAP, INC. (A MICROFINANCE NGO) 0024-22 28-Mar-22 28-Mar-19 32. TAYTAY SA KAUSWAGAN (A MICROFINANCE NGO), INC. 0025-22 28-Mar-22 28-Mar-19 *** NOTHING FOLLOWS ***