Micro Finance Program (MFP)
Under the compulsion of the Micro-finance Regulatory Act, CCDB had to switch to Organization-Managed Savings and Credit Program from People’s Managed Savings and credit program (PMSC). The program was later renamed MFP incorporating former Entrepreneurship Development Program (EDP). MFP has now been in operation through a completely separate management directly responsible to the Executive Director. But MFP is supplementing CPRP through creating access of the poor reference people to financial services. In addition, MFP provides credit support outside of the forums.
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