Stage	Description	Timetable
1	Award guidelines sent out to all eligible MFI partners	February
2	MFIs partners asked to identify, evaluate, and nominate borrower-clients to NLDC	March to June
3	First phase of screening: SIPAG Awards Technical Working Group (TWG) evaluated and shortlisted nominees based on basic requirements.	July
4	Second phase of screening: TWG conducted site visits and interviews. Nominees are evaluated based on criteria and key factors.	July to August
5	Endorsement of top nominees to the NLDC Board of Trustees for final deliberation and confirmation	September

 

 

 

 

 

 

 

 

Basic Requirements

Microentrepreneur is a beneficiary client of the Livelihood Credit Assistance Program (LCAP)

Has 100% repayment record for all previous and current loans

At least in the 3rd loan cycle under NLDC Program

Main enterprise must be operating for at least 3 years

Nominating MFI is in active status with NLDC

 

 

Criteria	Score
Financial Growth and Profitability (85%)	Range
Increase in Sales	10	12
Increase in Net Income	10	12
Increase in Assets	20	25
Return of Equity	10	12
Return of Assets	10	12
Savings generated	10	12
Social Responsibility (35%)
No. of people employed	15	18
No. of allied enterprises	15	17
TOTAL	100	120

 

 

Key Factors	Score
Acquisition of fixed assets within 3 years  Land  House/Property  Vehicle	1 1 1
House renovation (within 3 years)	1
Education (All children must be in school or have graduated)	1
Fair labor practices  Standard compensation  Meal allowance  Bonuses  SSS or Philhealth membership	1 1 1 1
Product/service development approved by proper authority  Quality assurance  Innovation  Packaging	1 1 1
Marketing a. Regular promotional activities (at least one)	1
Environmental initiatives Waste management Pollution control	1 1
Community service a.  Microfinance center or group level b.  Barangay level	1 1
Local raw material utilization	1
Compliance to government regulations Business registration and license (e.g. LGU, DTI, BFAD) Payment of proper taxes	1 1
TOTAL	20