JMH Microfinance, Inc. (JMH) formerly J.M Honrado Foundation, Inc. (JMHFI) was officially registered on October 7, 2004, under SEC Registration No. 29482 with the goal of alleviating poverty and promote socio-economic development in the region.

It was founded by the Honrado Family who are well known for their experience in rural banking. JMH was named after the late Atty. Jose M. Honrado who dreamed of having a foundation that aims to provide scholarships to deserving students and help alleviate poverty in the community.

Its humble beginning was a product of selfless adherence to the less privileged in the community and placing them in a hopeful situation by providing means to fight life’s struggle. This is believed to be the most sought-after ideal of the founder himself.

On May 16, 2017, the Securities and Exchange Commission (SEC) approved the application of JMH to amend the company name from J.M. Honrado Foundation, Inc. to JMH Microfinance, Inc.

Its primary purpose was also amended, which is now: “to implement a microenterprise development strategy and provide microfinance programs, products and services such as microcredit and micro-savings.”

The amended by-laws of the JMH also provides for a secondary purpose which is: “to establish, develop and promote scholarship grants to qualified children of clients and to establish a center for resource and human development that would serve as a venue for capacity-building training needs, trade fairs and other business-related events of the institution and to offer the said facility to the public for a fee.”

Likewise, its main office was transferred from Barangay Banag, Daraga, Albay to Barangay Salugan, Camalig, Albay.