Finally, I wish that microfinance institutions will look at this crisis as an opportune time to push for reforms to further strengthen the microfinance industry to find ways to improve efficiencies, to strengthen governance structures to enhance the quality of its management to diversify funding, to become more transparent and to strengthen consumer protection.
Microfinance institutions may also continue to expand and tap new markets, of course with appropriate caution and preparation. For instance, some microfinance institutions see market growth potential from returning overseas Filipinos who begin to engage in various entrepreneurial activities. From current indications, the global economic crisis has not negatively impacted Philippine microfinance.