The country’s microfinance industry has consistently showed growth every year. According to the Microfinance Council of the Philippines Inc., microfinance non-governmental organizations recorded two years ago a total of 3.034 million active borrowers. Of this figure, banks listed 1.23 million, while cooperatives had 2.459 million borrowers. But in spite of these gains, challenges remain. Read the full report by Rea Cu tomorrow in #BusinessMirror’s #BroaderLook: http://www.businessmirror.com.ph/category/the-broader-look/ #microfinance #finance #Philippines
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  • bmsocialmediaThe country’s microfinance industry has consistently showed growth every year. According to the Microfinance Council of the Philippines Inc., microfinance non-governmental organizations recorded two years ago a total of 3.034 million active borrowers. Of this figure, banks listed 1.23 million, while cooperatives had 2.459 million borrowers. But in spite of these gains, challenges remain. Read the full report by Rea Cu tomorrow in #BusinessMirror’s #BroaderLook: http://www.businessmirror.com.ph/category/the-broader-look/ #microfinance #finance #Philippines

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