November 2004
Dr. Jaime Aristotle Alip and 10 other microinsurance organizations meet in a forum and see the need for a resource center for MFIs.
March 17, 2005
RIMANSI Organization of the Philippines, Inc. is registered at the SEC as a non-stock, nonprofit resource center.
Two years later
The organization becomes RIMANSI Organization for Asia and the Pacific, Inc. to strengthen its presence in Southeast Asia.
How it began
The people and the idea behind RIMANSI.
Two heads are better than one. Several heads with passionate hearts for service are not only way better but life changing as well. This is what happened when Dr. Jaime Aristotle Alip together with 10 other microinsurance organizations came together in November 2004 in a forum.
The group saw the need for a resource center that will cater to the needs of microfinance institutions (MFIs) to create and manage their own mutual benefit associations (MBAs). And so, RIMANSI was born as a promise of new beginnings for the microinsurance industry in the Philippines.
It was in March 17, 2005 when RIMANSI Organization of the Philippines, Inc. was registered at the SEC. It was considered a non-stock, nonprofit resource center that endeavors to assist poor households in improving their access to microinsurance services.
With the key players in the early stage of RIMANSI’s growth, RIMANSI developed competitive and sustainable business models and offered services such as R&D and policy advocacies to its partners and the communities they serve. Two years after, to strengthen its presence in the country and in the Southeast Asian Region, the organization was transformed to RIMANSI Organization for Asia and the Pacific, Inc.
The founding members
Eight incorporators and founding members registered RIMANSI in 2005.
- Alalay sa Kaunlaran, Inc. (ASKI)
- Center for Agriculture and Rural Development, Inc. (CARD NGO)
- CARD Mutual Benefit Association (CARD MBA)
- CARD Bank
- Kasanyangan Center for Community Development Foundation, Inc. (KFI)
- People’s Alternative Livelihood Foundation of Sorsogon, Inc. (PALFSI)
- Rural Bank of Talisayan, Inc. (RBT)
- USWAG Development Foundation, Inc.
Joined afterward
- Agricultural and Rural Development for Catanduanes, Inc. (ARDCI)
- Kasagana-Ka Development Center
Key players in the early years
- Dr. Jaime Aristotle Alip
- Mr. Alexander Dimaculangan
- Ms. Lydia Philips (CCA)
- Mr. John Wipf (CCA)
- Mr. Camilo Casals
Ten years on, the same promise
Ten years after its inception, RIMANSI remains true to its vision of becoming a catalyst for development. It aims to strengthen its engagement with communities to uplift more lives out of poverty and vulnerability. The organization continues to give efficient services to its microinsurance partners through strengthening of capacities of its members in providing access to risk protection services to poor communities. The association will continue to advocate for a stronger microinsurance industry in the Philippines by monitoring performance of its partners and building on gains and maintaining the trust that it has earned in the industry both local and international.
Talk to our team
Microinsurance MBA Association of the Philippines Inc.1014 Medical Plaza Ortigas Bldg.
San Miguel Ave., Pasig City, Philippines