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Youth unemployment in the Philippines is a pressing issue driven by a lack of job opportunities, insufficient capital for starting businesses, and an education system that often doesn't align with industry needs. This study explores micro-lending as a potential solution to empower young people by providing them with the necessary financial resources to launch their own enterprises. By enabling access to micro-financing, we can foster entrepreneurship, create job opportunities, and ultimately reduce youth unemployment in the country.
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Micro-lending and Youth Unemployment in the Philippines A Solution to Youth Unemployment Anthon Mark Jay A. Rivas FYRO-MIT (Philippines)
INTRODUCTION Unemployment in the Philippines Lack of Job Opportunities No capital to start a business Education not Fit with Industry Microlending