The results further reveal that based on the poverty pyramid, the credit
program designs of the Credit Assistance Program for Program Beneficiaries
Development (CAP-PBD) and Quedan Rural Credit and Finance Corporation
(QUEDANCOR) are readily applicable to the credit needs and financial capabilities of
the enterprising poor. Beyond QUEDANCOR’s microcredit facility, the nonenterprising
poor may actually opt for financial assistance from cooperatives or CAPPBD
to help finance their agriculture-and fishery-related production activities. On the
other hand, the beneficiaries and their “not-so-strong” organizations that could not
readily comply with the minimum credit standards should be provided with farm
production subsidies, capability-building services and social safety nets under a
special poverty alleviation project. This will enable them to pass minimum credit
standards within a transition period of six months to one year.