If the less fortunate filipinos be given the opportunity to graduate theselves from borrowing from loan sharks and instead give them access to non-collateral loans, it will not only benefit their families but will also benefit their community since their purchasing power will be strengthen. kikita ang mga sari-sari stores, drug stores at kung ano ano pang establishments. criminal cases such as petty crimes (snatching, pick pockets et.al.) may be lessened because they now have a source of income.
I've heard that the government have release P900 million to fund microcredit programs for the poor. Pinoys can borrow P3,000 for his/her first loan under the supervision of DSWD with its project
Self-Employment Assistance Kabuhayan. After slowly paying it back, he/she can avail of a bigger loan as much as P10,000-P25,000.