This research is a quantitative correlation. It describes the respondents’ profile, the
level of financial literacy, and financial constraints encountered. Additionally, it investigates the
relationship and differences between the main variables of the study. This research used stratified
random sampling to get the 308 respondents of seven (7) registered Microfinance Institutions in
Puerto Princesa City. For statistical treatment, it employed frequency counts, percentage, rank,
weighted mean, and correlation coefficient. The instrument was made to undergo validation
through pilot testing. This study revealed that majority of the borrowers are females, 29 to 37
years old, married, had attended secondary level, businesswomen, with twenty thousand pesos
(20,000) as gross monthly family income. The respondents’ most availed products were general
loans used for business capital of twenty thousand pesos (20,000) and below, paid on a weekly
basis. They had one microfinance affiliation and had been members for 0 to 2 years. Most of the
respondents are financially literate in terms of planning, budgeting, savings, and spending;
therefore, the respondents encountered low levels of financial constraints. The null hypothesis of
some variables is rejected, thus suggesting that the correlation and differences of respondents’
profiles, financial literacy, and financial constraints are significant. This study recommends that
future researchers investigate the findings and consider the recommendations made by the
researcher.