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    Saturday, August 25, 2012

    Esquire Financing Helps Philippines' Economic Growth Through Small and Medium Entrepreneurs




    In President NoyNoy Aquino’s (PNOY) latest State of The Nation Address (SONA), he reflected about ESQUIRE FINANCING’s devotion to help Philippines’ economic growth.

    Several data coming from the Bangko Sentral ng Pilipinaas proved that micro, small and medium enterprises (MSMEs) that make up 99.6 percent of the total number of enterprises, responsible for almost 70 percent of total jobs produced, and about 32 percent contribution to the Gross Domestic Product (GDP).

    PNOY's recent SONA created an outburst of hope and inspiration especially when he showed the numbers from Bangko Sentral that proved that we had a significant economic growth.

    PNOY proudly claimed that:

    "What was once the sick man of Asia now brims with vitality."
    He further claimed that, statistically we had a 6.4 percent growth in the GDP in the first quarter of the year. That was the highest in Southeast Asia.

    He even cited a verse coming from a Foreign Policy Magazine, naming the Philippines “Asia’s Next Tiger.”

    PNOY also proudly shared that Morgan Stanley, a financial giant, invested billions of dollars in Philippine markets.

    Mr. Rajan Uttamchandani, ESQUIRE FINANCING Inc’s President/CEO, shared that:

    "The country leader’s and the international media’s optimism and believes that more small and medium entrepreneurs take advantage of the strong economy. EFI, the leader in Growth Stage financing, provides hassle-free and non-collateral business loans to growing businesses."

    For more information about ESQURE FINANCING INC. you may visit www.esquire.com.ph or you can contact david@esquire.com.ph or call this cp number: 0917.513.5573.

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