International Finance Corp. (IFC), the private-sector arm of the World Bank Group, is set to provide up to $60 million (around ₱3.53 billion) in financing to CreditAccess Philippines Financing Co. Inc., known as OnePuhunan (1P), to widen support for women-owned and women-led microenterprises in rural communities across the Philippines.
IFC noted that the planned facility is a US dollar-denominated, three-year senior loan. It will comprise an A loan of up to $20 million, alongside up to $40 million mobilised through a B1 and/or parallel loan structure. IFC’s Washington-based board is scheduled to approve the investment on January 30, 2026.
Established in 2014, 1P is registered with the Securities and Exchange Commission as a financing company and is owned by CreditAccess SEA B.V., a holding company with operations in the Philippines and Indonesia. As of 2025, the firm serves more than 600,000 clients via over 300 branches nationwide, with proceeds from the proposed funding expected to be channelled primarily to rural areas.
IFC said the initiative is intended to expand access to credit for women-led micro, small, and medium enterprises (MSMEs) in underserved regions, with funds to be used “exclusively” for lending to women-owned and -led businesses. “IFC will mobilize both domestic and international investors and thereby enable the company to diversify its funding base and access additional sources for its growth,” the disclosure noted. The programme also seeks to help 1P advance responsible lending standards and develop a fully digitalised roadmap for its credit operations.
Under the arrangement, the senior loan will support microloans to MSMEs and individual borrowers across sectors including trade, services, agriculture and farming.
Separately, a disclosure confirmed that the IFC board has approved an investment in the Allianz Asia-Pacific Infrastructure Credit Fund on December 23. Manila Bulletin previously reported that Allianz Global Investors is preparing to launch the fund, targeting up to $500 million for mid-sized infrastructure projects in emerging Asia, including the Philippines.
IFC is committing up to $60 million to the vehicle, which will concentrate on senior secured loans, with as much as 40 percent directed towards climate finance and sustainable infrastructure. The fund will back projects across digital, energy, environmental, logistics, renewable energy and transport, with the aim of widening private credit access and increasing renewable energy supply while reducing greenhouse gas emissions. This represents Allianz Global Investors’ first infrastructure strategy focused on emerging Asian markets and is expected to support development in the region’s mid-market infrastructure space.
