Negosyong Pinoy Finance Corporation (NPFC) started operations in March 18,2011, piloting SME loans in Rizal Province. The company was conceptualized by two similar thinking friends who both work in developmental financing organizations, George Petty and Rico Coligado, upon the realization that no one is servicing the “Missing Middle” and that the microfinance industry is already over-served. George and Rico both understood the industry well and knew that by setting up Negosyong Pinoy Finance Corporation, given its more refined business model, would have a greater impact on SME development and that the effect will trickle down to the grassroots of the community where it is operating.
NPFC was set-up as a private stock corporation authorized by SEC to operate as a financing company. We are an affiliate member of Venture South International (VSI) which is located in Geneva, Switzerland. VSI also owns similar companies in Columbia (VSI Columbia) and Uganda (VSI Uganda), NPFC being the biggest among the three. Our head office is located in Pasig City and we cater to clients in Metro Manila, Region 2, Region 3, Region 4A and Region 7.
Currently operating with 20 employees, majority of whom handle credit operations, NPFC which is classified as a non-bank financial institution (NBFC), aims to be different from other traditional lenders by focusing more on supporting the “missing middle” with emphasis on businesses which could provide more jobs, promote gender equality, produce greater economic wealth and generate taxes for the government.