philippines microfinance

Video: Loan successes for Filipinos

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 Small loans empower the Philippines’ poor 
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Filipinos in hundreds of villages in Manila have benefited from microfinance loans. Over the last six years alone, about $11 million has been given out.

Many Filipinos say the lessons learned through microfinancing are helping them get through the global financial crisis.

Al Jazeera’s Marga Ortigas reports.

 
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