The Microinsurance MBA Association of the Philippines, Inc. (MiMAP) welcomed National Confederation of Cooperatives Mutual Benefits Association, Inc. (NATCCO MBA), Tulay sa Pag-unlad Mutual Benefit Association, Inc(TSPI MBA) and ARDCI Mutual Benefit Association (ARDCI MBA) in its growing network of Mi-MBAs as associate members. The three MBAs joined the network of Mi-MBAs under MiMAP. Being associate members, NATCCO MBA, TSPI MBA and ARDCI MBA are entitled to participate to all the activities of the Association. They are subjected to re-evaluation after a year of membership.
Microinsurance MBAs Mutual Security Fund Batch 1 secured the initial contribution amounting to one million for the Mutual Security Fund (MSF) in its first year. The fund targets to accumulate a total of five million in the span of five years, through adding one million fund contribution per yeat. ASKI MBA, CARD MBA, CARE MBA, KGI MBA, K-MBA, SEDP MBA, and PBC MBA composed the first batch of MSF participants who made the initial contribution and were qualified to form part of the MSF.. With its goal of strengthening the mutual protection scheme, the Microinsurance MBA Association ...
Last December 2015, Microinsurance MBA Association of the Philippines, Inc. (MiMAP) presented the results of the country study made in the Philippines, highlighting the experiences and practices of CARD, Kasagana Ka MBA and ASKI MBA during the Mutual Microinsurance Country Study and Mi-MBA Business Model Presentation held in Sri Lanka. The event was organized by the International Cooperative and Mutual Insurance Federation (ICMIF) to showcase the progress of the countries tapped to do the country study. The list includes India, ...