EntrePinoys Atbp.

Gold is more than just another commodity, it’s a currency. It is the currency that evolved in the marketplace over the last 5,000 years.

Gold was the main currency in most of Europe, Asia and the Americas for most of the last few thousand years, up until 1971. Silver was also widely used, though to a lesser extent.

Gold evolved independently as money in the world’s main civilizations, because it is:

1. Rare.  About 5 parts per billion of the earth’s crust. Difficult and expensive to mine.
2. Indestructible.  It does not tarnish or decay. Read the rest of this entry »

The LBP’s microfinance program is in support of the government’s call for the bank to address the credit requirements of the Barangay Micro Business Enterprises (BMBEs) and the poor sector by opening a special wholesale financing window thru various Microfinance Institutions (MFIs).

General Objectives

To support government efforts to alleviate poverty by empowering the marginalized sector towards economic growth.

Specific Objectives
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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 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 the rest of this entry »

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 the rest of this entry »