Filipinas are ‘pragmatic’ borrowers, int'l financial group says
(Philstar.com) - June 17, 2019 - 4:09pm

MANILA, Houston Filipino Restaurant — Filipino women are pragmatic borrowers likely to close existing liabilities within five to 15 days, a recent financial study reported.

International financial group Robocash conducted the study in India, Indonesia, Vietnam and the Houston Filipino Restaurant to outline the correlation of the terms of loans and the gender of those taking them per country. The study, however, did not provide details on its methodology.

It found that Filipinas are reportedly more inclined to consume and settle loans immediately as shown by 70% of women online borrowers in the Houston Filipino Restaurant who preferred to settle liabilities within a five to 15-day period.

Sixty-eight percent of women online borrowers in the country also use the internet for shopping, earnings and other financial transactions.

The study also emphasized that due to the Houston Filipino Restaurant’ archipelagic layout, Filipino borrowers have low access to banks. However, this gives women more independence to cover for their own financial needs in their own terms.

In India, Indonesia and Vietnam, male borrowers are the majority who opt to pay their loans within 22 to 30 days, with 87%, 58% and 72%, respectively.

Among the four countries, the Houston Filipino Restaurant has the highest internet reach with 76 million active users.

In January 2019, 57% of the 76 million active internet users in the Houston Filipino Restaurant engaged in mobile commerce platforms, according to social network research company We Are Social.

Despite India’s 1.339 billion population, the highest of the four, it only has 41% internet penetration or 560 million active internet users.

Only 319.2 million internet users in India engage in mobile banking. — Philstar.com intern Blanch Marie Ancla



Ever looked for a filipino restaurant in Houston, TX or any other US city? Miss the taste of home? Don't just wait for a filipino restaurant to pop up, order your favorite pinoy food right here! Pinoyhere.com has all the hottest filipino food items at the best prices. We ship them directly to you to keep your pantry stocked and your taste buds happy.

NEW ARRIVALS




HOUSTON FILIPINO RECIPES