Breaking the Chains of Poverty
ABOUT LIFEBANK
We help poor people to break the cycle of poverty through education, build healthcare systems in remote areas to help poor people to stay healthier.
LifeBank Microfinance Foundation, Inc. is a non-stock and non-profit organization engaged in micro-financing initiatives that advances comprehensive and sustainable development in rural and urban areas through integrated social services. We are a major catalyst in breaking the chains of poverty in the Philippines.
LifeBank Foundation
Genesis and Milestones
LifeBank officially registered as a Non-stock Non-Profit Microfinance Institution Established first Unit/Branch in Oton, Iloilo
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Established 100th branch in Tagum City, Davao del Norte
LifeBank reached 100,000 members
Professionalization of initiatives and processes
Introduce Microinsurance Program
Professionalization and Automation of Business Processes.
Ikabuhi Microfinance Program
Human Development Business Process
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Established a centralized hotline
Expansion of Ikabuhi Complex Dormitory
Reached 500,000+ IMP members IFOA (Instafin Field Operations Application) Rollout
IFOA (Instafin Field Operations Application) Rollout
Opened Audio Visual Room
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Developed LifeBank Operations Mapping System (LOMS)
Applicant Tracking System (ATS) MANATAL
2024 Quarterly Survey of the Philippine Business & Industry
PMS Reward System
Onsite Offsite Monitoring System (OOMS)
Implementation of the New Signage across the country (OOMS)
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Expanded its operations outside Panay: Negros Island, Rizal, Davao
Establish Social Services Programs and Training Centers:
Education Scholarship
Values Formation
Health and Disaster Management
Social Enterprise
Ikabuhi Complex
Continuous Branch Expansion and Branding
Opened 49 new branches
Website Launching
Digital Advertising
Launching of New Logo
Implementation of Institutionalized Records Management
LBMF Officially Registered as a Non-stock Non-Profit Microfinance Institution Established first Unit/Branch in Oton, Iloilo
Expanded its operations outside Panay: Negros Island, Rizal, Davao
Established 100th branch in Tagum City, Davao del Norte
Reached 100,000 members
Professionalization of initiatives and processes
Introduce Microinsurance Program
Establish Social Services Programs and Training Centers:
Education Scholarship
Values Formation
Health and Disaster Management
Social Enterprise
Ikabuhi Complex
Professionalization and Automation of Business Processes:
Ikabuhi Microfinance Program
Human Development Business Process
VISION
• To stand at the forefront as the Philippines’ premier MFI in providing a fully digitized, comprehensive and innovative lineup of micro financial products and services, complemented by transformative social services that uplift the lives of impoverished Filipinos.
• Our people are a dynamic force, competent, joyful, inspired and unwavering in their commitment to contribute to profound positive change in the lives of the less fortunate.
• Together with our partners, we contribute to a sustainable society free from poverty where empowered people live in harmony, prosperity and peace while expressing their full God-given human potential.
MISSION
LifeBank is a powerful force in breaking the chains of poverty by:
Birthing and Empowering Microentrepreneurs
We will provide a range of financial and social services and partner with like-minded institutions to respond to the needs of our clients.
Cultivating Dynamic and Resilient Communities
We create and strengthen structures that support regenerative agriculture, economic development, good governance, access to quality education / health services, disaster risk and reduction management and other strategic needs as they emerge.
Our Core Values
PARTNERS
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LifeBank Microfinance Foundation, Inc. is a non-stock and non-profit organization engaged in
micro-financing initiatives that advance comprehensive and sustainable development in rural and urban areas through integrated social services. We are a major catalyst in breaking the chains of poverty in the Philippines.