Addressing the Confederation of Central Luzon Rural Banks at a forum in Makati City yesterday afternoon, presidential candidate Raul Roco proposed a comprehensive economic programme that focuses on microfinance and includes the key participation of thrift and savings banks.
"The banking community must learn, discuss and focus on how we can support the entrepreneurial spirit so that the poor can enjoy some measure of support from microfinance," he said.
"The small are more reliable than the big when it comes to paying. Statistics show that the smaller the borrower, the more assiduosly he pays. Statistics indicate that the poorer sector pays. But we forgive the big, and the small we tend to be (stricter). I would suggest that we review the value system in lending."
Source: Manila Bulletin Online
