Philippines’ PCFC to develop Microfinance Geographic Information System

Microfinance Focus, May 25, 2010: The People’s Credit and Finance Corporation (PCFC), a leading Philippines government entity mobilizing resources for microfinance services for poor has recently entered into partnership with Key2Flex, a Rich Internet Application (RIA) developer and the only Adobe Flex Solutions Partner of the Philippines to develop its Geographic Information System (GIS). PCFC is present in 130 cities of the country and serves around 3 million customers across the country’s geography.

The microfinance geographic information system being developed by Key2Flex is part of PCFC’s effort to further strengthen its programs and improve the delivery of its services through a Microfinance Information Portal. Key2Flex will provide its expert services to the GIS part of this project funded by the Spanish Government’s Agencia Espanola Cooperation International (AECI) thru Fundacion CODESPA.

PCFC wholesales short, medium & long term investment loans to accredited Microfinance Institutions (MFIs). These are Rural or Cooperative Banks, Thrift Banks, Non- Government Organizations (NGOs) and Cooperatives that implement credit assistance programs using any proven microfinance lending methodology to finance livelihood projects that can augment the income of targeted poor clients.

“Key2Flex is excited about the local relationship with PCFC and the opportunity to provide them with enhanced user experience and advanced data visualization,” said Bertrand Navarre, President, Key2Flex. “Rich Internet GIS is an innovative choice that can leverage technology to best serve PCFC’s goals and the microfinance data localization” he added. Key2Flex, the first Philippines Adobe Solution Partner, is an innovative and leading software development studio specializing in Rich Internet Applications (RIA) dedicated to Business processes. Key2Flex RIA development expertise can build the business applications of today with the technology leading to an optimized future.

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