KMBA traces its creation to KDCI (Read more. . . .), for which it provides various products and services for the latter’s microinsurance program. KMBA’s initial fund was sourced from a grant from KDCI, which has likewise been contributing its community resence and center collection infrastructures to KMBA’s field operations. The KDCI grant has enabled KMBA to also offer to children of its primary and associate members the Kuya Jun Scholarship Program (named after Severiano C. Marcelo, Jr., first KDCI executive director, who passed away in 2008).

KMBA was registered with the Securities and Exchange Commission in June 2006, and was given a license to operate as a mutual benefit association by the Insurance Commission in April 2007. It is a nonstock, not-for-profit organization owned and managed by its members. It receives technical assistance from the RIMANSI Organization for Asia and the Pacific, Inc., “a resource center that develops and offers risk management solutions to member-owned micro-insurers, especially Mutual Benefit Associations” (www.rimansi.org).

KMBA envisions a self-reliant and self-sustaining mutual benefit association that actively and appropriately responds to financial risk management needs of poor Filipino families. Toward this end, it offers microinsurance products and services that provide immediate financial assistance in times of dire needs. In addition to its basic life insurance, KMBA makes available microinsurance packages that can broaden the safety net of the poor. It engages in advocacy and networking activities that seek to render further support to its members. Moreover, it continually seeks to develop cost-effective mechanisms for delivering microinsurance to the poor.

KMBA has a seven-person Board of Trustees composed of five member-representatives from its various areas of coverage, a staff member of KDCI, and an independent member. KMBA’s general manager sits as ex officio member of the Board. With the exception of the independent member, the members of the Board elect from among themselves KMBA’s president, treasurer, and secretary. The member-representatives to the Board are elected annually from among the area coordinators, who are themselves elected from among the chiefs of the centers in each KDCI field office. (As of 2013, KMBA had 15 area coordinators from among KDCI’s 23 field offices. A KMBA coordinator is elected in field offices with more than 1,000 client-beneficiaries; KMBA’s account officers serve as coordinators in the rest of the field offices.

KMBA also has a four-person Board of Advisers composed of the President and Chief Executive Officer of KDCI, two client-beneficiaries of KDCI who are also members of its Board of Trustees, and the KMBA president who had ended a preceding term.

KMBA COORDINATORS

Seated from left: Jenifer Abao (Montalban); Rita Dela Cruz (Sapang Palay); Silvida R. Antiquera (KMBA Gen. Manager) Nida B. Cuizon (Norzagaray) Emily Rala (Padilla) Meneliza Menecletes (Marikina); From Left at the back: Alma Gilbaliga (Tandang Sora) Marilyn Aldave (Taytay) Teresita Padel (Sumulong) Lilibeth Lagnason (Masinag) Josanie Lagnason (Fairview) Josephine Abugan (Batasan) Ma. Lilibeth Molina (Meycauayan) Nida Tagubar (Novaliches) Estrelia Medel (Camarin) Clara Dela Cruz (Bocaue)

KMBA Staff

	Silvida Reyes-Antiquera General Manager
	Evangeline E. Pe Operations Manager		Diobert F. Calanza Account Officer
	Evelyn A. Lagmay Finance Manager		John M. Jacinto Account Officer
	Analyn A. Shih Administrative Officer		Adrian P. San Andres Account Officer