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                    [ArticleID] => 298277
                    [Title] => EDITORIAL – Inequality
                    [Summary] => The rich get richer and the poor get poorer, and neither people power 1 nor 2 has changed this state of the nation. The country’s economy continues to grow, but the growth has not been enough to reduce the income gap between a tiny elite and the big majority of the population. And that yawning inequality, according to the World Bank, is one of the biggest obstacles to development and the reduction of poverty in the country and the rest of Asia.


                    [DatePublished] => 2005-09-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => Opinion
                    [SectionUrl] => opinion
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                    [ArticleID] => 229206
                    [Title] => PCFC loan portfolio hits P2.4-B
                    [Summary] => DAVAO CITY – The Peoples Credit and Finance Corp. (PCFC), the country’s main conduit for microfinance lending, has registered a total loan portfolio of P2.35 billion in end September this year, or 17 percent higher than the P2 billion recorded for the whole of 2002. The loan portfolio has been growing by over 25 percent in the past four years.


The tremendous growth rate has prompted the PCFC hierarchy to target a P3.17-billion loan portfolio for next year.


                    [DatePublished] => 2003-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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MICROLENDING

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                    [ArticleID] => 298277
                    [Title] => EDITORIAL – Inequality
                    [Summary] => The rich get richer and the poor get poorer, and neither people power 1 nor 2 has changed this state of the nation. The country’s economy continues to grow, but the growth has not been enough to reduce the income gap between a tiny elite and the big majority of the population. And that yawning inequality, according to the World Bank, is one of the biggest obstacles to development and the reduction of poverty in the country and the rest of Asia.


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                    [ArticleID] => 229206
                    [Title] => PCFC loan portfolio hits P2.4-B
                    [Summary] => DAVAO CITY – The Peoples Credit and Finance Corp. (PCFC), the country’s main conduit for microfinance lending, has registered a total loan portfolio of P2.35 billion in end September this year, or 17 percent higher than the P2 billion recorded for the whole of 2002. The loan portfolio has been growing by over 25 percent in the past four years.


The tremendous growth rate has prompted the PCFC hierarchy to target a P3.17-billion loan portfolio for next year.


                    [DatePublished] => 2003-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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abtest

EDITORIAL – Inequality

September 24, 2005 - 12:00am

The rich get richer and the poor get poorer, and neither people power 1 nor 2 has changed this state of the nation. The country’s economy continues to grow, but the growth has not been enough to reduce the income...

Opinion

PCFC loan portfolio hits P2.4-B

By Ted P. Torres | November 25, 2003 - 12:00am

DAVAO CITY – The Peoples Credit and Finance Corp. (PCFC), the country’s main conduit for microfinance lending, has registered a total loan portfolio of P2.35 billion in end September this year, or 17 percent...

Banking