Exactly Keith.. Money is a very expensive commodity here because of the risk factor..Even secured loans suffer high interest rates because its so easy for banks and pawn shops to get away with it..
Think about it!!I could undercut all the Bombay 5/6 merchants by 50% if I wished and have the poor of Bohol queuing up to to take my money...This time next year I could be a zillionairre!!! Not!