In the longer run, it is important that we as a society recognize the considerable economic benefits associated with sustainable increases in productivity and intensify our efforts to ensure that as many individuals as possible profit from the substantial productivity gains associated with innovation and increased competition.
Among others, a survey indicated that  BIS central bankers’ speeches  1  16 microfinance NGOs with a combined network of 2,190 branches have P11.6 billion in outstanding loans served to 2.5 million borrowers – or an average of P4,640.00 per borrower.