Geron, Ma. Piedad S. - In: Philippine Review of Economics 47 (2010) 2, pp. 55-70
The Philippine microfinance industry has developed over the years. From only a few large microfinance institutions (MFIs) with less than a million clients in the late ’90s,the industry has now more than 2,000 MFIs with almost 7 million clients. Large commercial banks, which used to ignore the...