00000cab a22000004a 4500 IPP-00000204111 IPP 20161122140737.0 161122s2003 xx d | ||r |||||eng|| eng Cuezon, Mario L. The transformation of microfinancing NGOs in the Philippines 2003 Transformation and Transformation Leadershave become buzz words in the top corporate world in recent years. This article is about the evolution of microfinancing NGOs in the Philippines which started as community development programs and later evolved into microfinancing banks. The paper discusses the four stages of transformation: the creation of a church-based lending program, the adoption of Grameen and Association for Social Advancement methods, the creation of the Alliance of Philippine Partners for Development, and the founding of the Opportunity Microfinancing Bank. The last part of the paper tackles the nature of transformation work and the role of transformation officers. Philippine Journal of Labor and Industrial Relations Vol. XXIII, no. 1 & 2 (2003), 166-177 UPD DSOLAIR Article FI