Microfinance firm eyes more loans from small entrepreneurs

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By Anna Valmero

QUEZON CITY, METRO MANILA- A housewife thinking twice about applying for a bank loan to put up a sari-sari store could seek out microfinance firms instead.

“Microfinance groups like us are finding that more and more ambulant balut and foodcart vendors, sari-sari store owners and operators of jeepneys or tricycles are more comfortable to borrow from small microfinance institutions and pay their debt via daily collections,” said Tony Pilante, National Capital Region area manager for Fundline Finance Corp.

Read the rest of the story on Yahoo! News Philippines

Get more information about Fundline Finance Corp.

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