Project Description
The Project aims to create and develop movables finance market in the Philippines to enhance the competitiveness of local MSMEs by improving their access to finance. Specifically, the Project will work on three areas:
1. Regulatory reform: Streamline regulatory provisions for movables finance development and develop necessary new regulations and guidelines to strengthen the enabling environment for movables finance.
2. Sector capacity building: Enhance market knowledge on movables finance, support stakeholders to develop basic sector capacities and build up membership-based movables finance organizations to facilitate the development of linkages.
3. Supporting services development: Promote the development of the third-party collateral management services and movables finance platforms to enable more lenders to finance MSMEs efficiently and confidently.