This study of financial technology (fintech) loans to tricycle drivers in the Philippines looks at how fintech affects the welfare of the self-employed and contributes to the development of the country's local economies.

The results highlight the importance of fintech for the self-employed in adapting to the "new normal" after the coronavirus disease (COVID-19). The Asia Small and Medium-Sized Enterprise Monitor (ASM) is a key resource for policy makers working on micro, small, and medium-sized enterprise development in Asia and the Pacific.