Institutional credit set up by the government may not necessarily be the major source of funds in the rural areas. In addition, there may be enough funds to support production and to sustain employment if financial resources are not rained. These insights are just few of authors’ findings in this paper. It suggests that addressing the problem of rural financial drain can open up the opportunities to pursue rural development without eroding the national budget
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- Lamberte, Mario B.. 2001. Expanding banking services to micro, small and medium enterprises and poor households in the Philippines. Discussion Papers DP 2001-24. Philippine Institute for Development Studies.