Академический Документы
Профессиональный Документы
Культура Документы
Indangan
BSA- 1st Year - Block 1
Microfinance and Development
Week 9-10
Answer: CARD - MBA’s claim settlement strategy aimed to ensure that its members,
some of the poorest people in the country, have the money they need immediately
after suffering an unfortunate event. It was based on the following instances:
1 - If the dead body is not yet buried at the time of validation, the claim must be
settled within 24 hours.
3 - It needs 3 days to pass all the documents
5 - In the fifth day, the claims can be claimed.
ESSAY: How to ensure that a Microfinance Institution such as CARD MRI can
maintain its status as a SOCIAL BUSINESS or Social Enterprise.
Answer: According to Inquirer.net, most of the social enterprises face the same
problems in terms of viability and sustainability as SMEs, such as access to financing
and markets. In addition , they face more difficult challenge of ensuring that they
resolve these through creative strategies in pursuit of their social mission. However,
social enterprises succeed by pursuing innovative business models as exemplified by
CARD MRI. Social Enterprises must be updated to the changing economy and
markets today. As the financial sector adopts to modernization and technology, they
should innovate their services too to still be on track.