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Publication Detail
PN 1999-03: Loan Guarantee Programs for Small-Scale Borrowers: Are They Working?

Investigation whether small-scale borrowings are effective or not indicate the failure of loan guarantees to stimulate the target groups. While it has some merits to boasts, results show that the programs, being subsidy dependent, lead to its unsustainable operation. Hence, audit should be instituted on the three loan guarantee institutions.

Philippine Institute for Development Studies
Authors Keywords
Orbeta, Aniceto Jr. C.; Llanto, Gilberto M.; subsidy; credit program; credit access;
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Published in 1999 and available in the PIDS Library or can be downloaded as full text Downloaded 837 times since November 25, 2011