DRN Vol. 39 No.3
Reexamine SHS Programs Employment and Entrepreneurial Objectives
Regulatory Impact Assessment Adoption Determinants: A Diagnostic Framework
Exploring Responses to the Employment Impact of Excise Tax Reform: The Case of the Philippine Tobacco Industry
Mapping Out Employment Opportunities in the Cultural Heritage Sector A Strategic Framework

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Opening Program and Annual Public Policy Conference Webinar 1: Resetting Capitalism
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19th Development Policy Research Month Kick-Off Forum
Publication Detail
FAO 2007-01: Financial Linkages in the Philippines: Constraints and Success Factors

The poverty incidence and income inequality in the Philippines rates among the highest in Asia. Microenterprises are the dominant source of employment and income for the majority of the population, but in the past an oppressive financial policy hindered the flow of small loans from formal banking institutions to microenterprises. This article examines the People’s Credit and Finance Corporation (PCFC) and its linkages with downstream financial intermediaries as a successful strategy for improving the flow of financial services in rural Philippines. This article is based on an in-depth case study (Quiñones, forthcoming), and is part of a global review on financial linkages conducted by the Food and Agriculture Organization (FAO) of the UN thanks to funding from the Ford Foundation. The PCFC case was selected for this region because of its crucial role in mainstreaming microfinance in the country.

PinoyME Foundation
Authors Keywords
Quinones Jr., Benjamin R.; microfinance; financial services; rural finance;
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Published in 2007 and available in the FAO or Downloaded 370 times since November 25, 2011
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