Financial YouManity

Credit Institution
A FOUNDATION DEDICATED TO BETTER
THE LIVES OF THE POOR…
 OUR HISTORY
Financial YouManity Credit Institution
was conceptualized by Mr Ivan Joseph
Cunanan started work in the microfinance
industry with FYCI Bangladesh. In 1998, he
began working jointly with FYCI Bangladesh
and the United Nations Development
Program teaching the FYCI methodology to
more than 20 microfinance institutions
(MFIs) in the Philippines over a span of 5
years.

Soon after, in 2004, with donations from the Assisi Development Foundation and the Ninoy & Cory
Aquino Foundation, Financial YouManity Credit Institution was born. In November 2007, PLDT
Smart Foundation joined as a third benefactor. Since then, FYCI Philippines has not obtained any
grant and, unlike other foundations, it pledges not to source any more.
 Vision
We are a not-for-profit organization devoted to helping an
increasing number of poor Filipino families rise out of poverty by
providing microfinancing to help them establish or otherwise improve
their own microenterprises.

Mission
Financial YouManity Credit Institution is committed to three sectors.
The first commitment is to the marginalized poor sector for which the
Foundation exists. The second commitment is to the staff members who
are dedicated to achieving the Foundation’s goals. The third
commitment is to the founders and patrons to make FYCI Philippines
the best and most self-sustainable MFI in the country. 
 Board of Trustees
Ivan Joseph Cunanan
Chairman

Ana Marie Amoy Yloisa Hernandez Richelle Gedaria David Alterado Roxanne Suniga
Member Member Member Member Member
 ABOUT US
Financial YouManity Credit Institution is a
non-profit, non-stock corporation specializing in
microfinance. The first branch that the foundation
started with was in East Bajac-bajac, Olongapo
City in August 2004, and as of today the
foundation has already expanded its operations
nationwide. The foundation caters to more than 1.8
million clients who are called by FYCI as Micro
Entrepreneurs.
Operational Updates and Unaudited Monthly Financial
Statement :
As of June 30, 2022

Borrowers: 2,018,969
Loan Portfolio: PHP
30,796,808,631
Branches: 1,683
Staff: 11,000
 STRENGTH OF MFI
Microfinance is therefore not simply about providing financial services; it is also about
helping to improve the quality of life of target communities. It has two bottom lines: one is
financial and the other is social. Thus, the objectives of the microfinance program of FYCI
are:

1. To ensure cheaper credit access to poor communities through an appropriate and innovative
alternative financing system;
2. To provide financial support to poor communities for them to produce goods and services;
3. To establish the right of women at all levels to participate in income-earning activities and
to facilitate their involvement in participatory decision-making processes;
4. To increase household CBU (savings) and income and to create opportunities for self-
employment, thereby reducing poverty and establishing equality between men and women
in society;
5. To eliminate informal moneylenders who charge exorbitant interest rates;

6. To create pressure on the microfinance market to reduce interest rates in order to make
loans more affordable to poor clients;

7. To reduce dependence on charity and grants at all levels; and

8. To contribute to the socio-economic development of urban and rural poor communities

through providing financial support and services to the clients’ initiated income generating
projects, resulting in the improvement of their quality of life and enabling them to achieve
social equity.
Products and
Services
Offered
Manufacturing& Production
Enterprises & Trading
Agriculture
Services
Islamic Microfinancing
THANK YOU!