Philippine Rural Finance: Innovations and Current Issues

Vargas, Jerrick Jan (2021): Philippine Rural Finance: Innovations and Current Issues.

Abstract

Obtaining loans from Philippine banks is difficult and government support to credit was inadequate. The overall rural sector in the Philippines needs better access to credit since it could enhance their livelihood by means of expanding their agricultural activities. Farmers must also be encouraged to use high yielding inputs such as seeds, farm mechanization equipment and other harvesting and planting equipment in order to improve the quality and quantity of output. This could improve the loan repayment rates on the part of the farmers. More competition and not government subsidies to individuals or institutions is the key on having an efficient, sustainable and forward-looking rural finance sector.

• Item Type: MPRA Paper
• Language: English
• Keywords: Rural Finance
• Subjects: Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q14 - Agricultural Finance

References

References:

Published Articles:

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Thesis:

Binohlan, Irene B. The Effects of Interest Rate Liberalization on the Supply of and Demand for Agricultural Credit in the Philippines, 2000. Unpublished M.S. Thesis, CEM UPLB, College, Laguna

Malabanan, Maureen D. Credit Need and Availment of Selected Vegetable Farmers in Dolores, Quezon, 2000. Unpublished Undergraduate Thesis, CEM UPLB, College, Laguna

Relucano, Myla A. Savings Behavior and Saving Mobilization: The Case of Naga City, 1999. Unpublished Undergraduate Thesis, CEM UPLB, College Laguna

Salonga, Irene Q. Factors Affecting the Performance of the Philippine Rural Banking System, 1978-1998. Unpublished Undergraduate Thesis, CEM UPLB, College, Laguna