QPI-MBA started operation on September of 2005 by providing Life Insurance, Loan Redemption Insurance and the Retirement Savings Fund. It is an association whose membership is comprised mainly of the poor women of the province of Negros Occidental who are beneficiaries of the micro finance program of Pag-inupdanay Incorporated (PI)- a province based non- government organization.
Its micro insurance program was conceptualized to address poverty situation of the province of Negros Occidental. The Program is seen as the arm that will help the poor mitigate risks affecting their lives, and in the process, provide them the social security they need.
Granted a license by Insurance Commission (IC) to operate as MBA on January 12,2010.