Agriculture and Fisheries Microfinance Program

1. Fisheries Financing Program – is a joint undertaking of ACPC, BFAR, and LandBank. The program entails the provision of loans to qualified borrower organizations/institutions that will use the funds either to finance value chain activities of small fisheries stakeholders or to extend micro-finance loans to small fishing households. Read full details

2. Agri-Fishery Microfinance Program – is a joint program of DA, ACPC, and LBP to support farmers/fisherfolks engaged in the priority commodities of the DA. The AFMP provides agri-fishery loans to qualified institutional borrowers and to small farmers and fishing households. Read full details

3. Agri-Microfinance Program for Small Farmers and Fisherfolk – a joint program of the ACPC and PCFC for the provision of credit to qualified borrower organizations for re-lending to small farmers and fisherfolk households and groups/organizations. Read full details

Mutual Fund Investing and Its Pros & Cons

Mutual funds have often seemed like a golden investment because what can be a relatively small amount of money ends up being greatly diversified. The core idea of this kind of investment goes back to the basic rule of, don’t put all your eggs in one basket.

In recent years it has become more apparent that there is no such thing as a guaranteed investment. Companies that appear to be solid from all angles can quickly fall apart no matter how big they are. Because of this you would never want to invest all of your money in one or two companies because no matter how good the investment may seem, anything can happen tomorrow; however, when you invest in hundreds of companies that each look like they will have positive returns then even if a high amount of them fail the others should inevitably make up the difference. Read more

Guide to Starting a Pawnshop Business

Pawnshops and pawnbroking have been around for thousands of years. The basic idea behind any pawnshop is to loan people money. In the Philippines, pawnshop has the highest rate of interest earned for one year. Normally loan interest rates is at 60% (5% x 12 months ) annually on every loan released compared to 10 – 20% interest rates of the commercial / rural banks and other financial institutions. It has a potential to earn a Return of Investment in just 3 years and a half.

This is the reason why the growth of pawnshop is compared to sprouting mushroom even at stiff competition with multi-national pawnshop companies, locally owned pawnshop can still perform well and got a sliced of the short term credit market. Read more

Microlending Business Guide

The lending industry thrives better in times of financial crunch. To cope with the crisis, people try to stretch their budget and augment their income. Many households put up sari-sari stores; family members look for sidelines, try working abroad, or simply try to borrow money. To raise the money to finance these activities, many of them go to lending firms instead of the commercial banks. This is because lending firms are more lenient in their requirements, offer lower interest rates, and process loan applications faster. Entrepreneurs can set up a lending business to take advantage of this demand for easier credit. Read more

Investing in Special Deposit Account (SDA)

Suppose you have P500,000 in extra cash that you want to invest. Where will you place it? The choices are many — bank deposits, mutual funds, stocks, government and corporate bonds, etc. — but choosing which among them is tricky. Which will give the best and least returns? Which is the least and most risky? Deciding will not be easy. But you must be guided by a rule of thumb, that your return must be higher than the inflation rate to offset any erosion in the value of your money. Another option to consider is special deposit account or SDA. Read more

Investing Into Money Market

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