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We Need to Provide Lower-Interest, No-Collateral Loans to Micro-Businesses – AQUINO

  Rather than being burdened by high-interest loans collected by loan sharks and other informal lenders, Senator Bam Aquino encouraged the public to approach microfinance non-government organizations (MFI NGOs) for lower-interest and no-collateral financing. “Madali nga ang proseso ng pangungutang sa 5-6 subalit pinapatay naman tayo sa laki ng interes sa kanilang mga pautang,” said […]