Vincent Perlas is President of the LifeBank Foundation. Trained in agribusiness and public health, Vincent chose to dedicate his time exclusively to microfinance in 2005. After years of working in banking and agriculture in nonprofit and for-profit capacities, he began to believe in the promise of microfinance as a serious solution to worldwide poverty. Although he admits that poverty is caused by a spectrum of factors, he firmly believes that the lack of financial services for the working poor, the majority, is one of the core sources of the problem.
Vincent Perlas is a former doctor, and head of microfinance for Lifebank, an organization located in rural Philippines. Lifebank tells a story of how microlending has helped a disabled woman pull her family from poverty and into the middle class. Perlas discusses the three ingredients to success, which he outlines as spirit, methodology, and funding.
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