This neighbourhood in the Philippines created its own banking system
By CNA Insider
Community Score: 50% | 3.4K views | 5d
0 community ratings: null thumbs up, null thumbs down
What if your neighbours could help fund your next business idea? In one community in the Philippines, families pool small weekly savings into a shared fund that members can borrow from. One family used community loans to buy e-bikes, creating a new source of income and bringing them closer to their dream of buying land and building a house. Watch the full Money Mind episode to see how one community built its own banking system. #cnainsider #Philippines #savings #community For more, SUBSCRIBE to CNA INSIDER! https://cna.asia/insideryoutubesub Follow CNA INSIDER on: Telegram: https://t.me/CNAInsiderSG Instagram: https://www.instagram.com/cnainsider/ Facebook: https://www.facebook.com/cnainsider/ Website: https://cna.asia/cnainsider
Tags: CNA Insider, Channel NewsAsia, People stories, Asian perspectives
More from CNA Insider
- Behind the Scenes: How Singapore Moves an Airshow — Score: 50%
- Feasting Around The Singapore Fringe Festival | Singapore Hour — Score: 50%
- How Malaysian Gen Z Sold Her Family's Traditional Rice Wine For 9X More | Money Mind — Score: 50%
- Is Pakistan’s Population Growing Faster Than It Can Handle? | Insight — Score: 50%
- 24 Hours In Singapore: Solo Traveller Edition | Singapore Hour — Score: 50%
- How A Taiwanese Family Turned A US$1 Sweet Potato Into A US$115 Experience | Money Mind — Score: 50%