According to the 2010 Financial Access Survey, it is estimated that only 20% of registered small firms have access to loans from formal financial institutions due to hurdles caused by several intrinsic factors in our banking system. More specifically, these are: collateral requirements from banks, high minimum loan amounts, difficulty in restructuring loans, and limited access to information on alternate sources of funding .
At EFI, we aim to bridge this supply-demand gap in SME financing by providing tailor-fit financial programs and consultancy to aid emerging entrepreneurs. By advocating for SME growth, we are helping in the advancement of a sector that can make the Philippine economy a driving force in Southeast Asia.