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Credit Needs Assessment of Private Practice Midwives

According to some estimates, there are more than 60,000 practicing midwives in the Philippines today, a large percentage of which have some form of private practice activities. These midwives are certified professionals and valuable members of their communities. Many are entrepreneurs running businesses and supporting their families. As business owners, they are a largely untapped market for lenders in the Philippines and represent a market opportunity for banks, credit cooperatives, and microfinance institutions (MFIs) that are interested in reaching out to this borrower group.