Dear Respondents, 5.

I pay SSS, GSIS, Phil Health for

We, De La Salle Araneta University BS-Accountancy insurances
Students, thank you for taking in this survey. Rest 6. I don’t find borrowing on financial
assured that the data obtained will be kept strictly institute convenient
confidential and will only be used for educational 7. I used my assets as collateral on long
purposes. Your may however choose to withdraw from term debt
the study anytime without penalty. 8. I feel secured in borrowing on
financial institutions
Signature of the Respondents: ______________ 9. I can’t afford to pay the interest rate
on financial institutions
Profile of the Respondents: 10. I follow the proper procedure on
Sex: O Male Status Work: borrowing
O Female O Full Time Employed
Informal Borrowing 1 2 3 4 5
Age: O Part-time Employed
O 18-29 O 40-49 O Contractual 1. I often borrow money from a family
O 30-39 O 50-60 O Unemployed or friend
2. I am more comfortable to borrow
O OFW
money from a known relative
Monthly Income:
3. I earn interest in borrowing through
O ₱10,000 and below O 26,000-40,000
banks
O 11,000-26,000 O 41,000 and above
4. I lacked on assets to use as collateral
Part 1: Please check the circle of our choice on banks
1. Have you ever tried taking out a loan? 5. I borrow money anytime I want to
O Yes O No 6. I experienced delayed of salary
2. Do you take loan on money lenders, banks and reason to borrow from relatives and
financial institution? friend
O Yes O No 7. I borrow money for business
3. If not, do you borrow money from family, friends? ventures such sari-sari stores
O Yes O No 8. I borrow on 5-6 lending
4. How often you borrow money or make a debt? 9. I only on emergency purposes only
O Once a week O Never 10. I often need to borrow money
O Every other week
O Once a Month Part 3. Rate each statement 1-5 (1 being the lowest
5. What is/are the reason for you to make a debt or
and 5 being the highest)
loan?
1. There are a lot of requirements needed on
O Household Needs O Education
O Work Related O Health Related financial institution___
O Investment O Emergency Purposes 2. It takes time on financial institution on
borrowing__
Part 2: 3. It is more secured to borrow from banks and other
Directions: Tick off the column that corresponds to your financial institution___
answer; use the scale below: 4. Informal money lenders offer lower rate
5 – Strongly Agree 2 – Disagree interest___
4 – Agree 1 – Strongly Disagree 5. It is much more easier to repay in informal money
3 – Moderately Agree lenders___
Formal Borrowing 1 2 3 4 5

1. I use credit and debit cards in paying

2. I apply loans on bank for business
3. I don’t borrow money on banks
because of interest rate
4. I got rejected in borrowing from
financial institutions