The song “”Bayan Ko” (or “My Country”) describes in so many ways a person’s loyalty to one's country, like that of a person who is in a far-off place facing sacrifices and challenges. For those who are not well versed with the song and therefore couldn't relate with its message, in view of language barrier, it doesn't really matter but for those who may be curious to know what it is all about, the song simply refers to nationalism and loyalty to one's country. This blog shall not endeavor to dig into the origins of the song, its evolution and how … Continue reading Loyalty To One’s Country:A Forgotten Virtue? – Tips and Thoughts
Is Microfinance an effective financial strategy to eradicate poverty particularly in developing economies? I would blog on this as briefly and pragmatic as possible, as some of you may know that this topic is quite broad and would require empirical data/analysis to support any findings and recommendations. In its simplest terms, microfinance involves extending loans to a group of borrowers or individuals, specifically the marginalized sector of society involving poor people encountering difficulties to transact business with private and government banking institutions. In other words, these are the poor people throughout the world numbering over 1 billion living in rural areas … Continue reading Microfinance – A Hype or An Effective Financial Tool For the Poor?