3  For four years in a row (2009–2012), the Economist Intelligence Unit’s global survey has ranked the Philippines as number one in the world in terms of policy and regulatory framework for microfinance. The Philippines is also consistently ranked at the top ten for having a good microfinance business environment.
The survey also noted the initiative of the microfinance industry to establish Microfinance Data Sharing System (MiDaS), which is a microfinance credit bureau that identifies delinquent borrowers with the ultimate objective of client rehabilitation.