Trade Secretary Ramon Lopez said his department is preparing livelihood assistance to help entrepreneurs affected by the Taal Volcano eruption.Lopez said the Department of Trade and Industry (DTI) aims to disburse P50 million worth of micro finance facilities under the Pondo sa Pagbabago at Pag-asenso, or the P3 Program. “We are preparing for livelihood assistance […]
Tag: Businesses
Rather than being burdened by high-interest loans collected by loan sharks and other informal lenders, Senator Bam Aquino encouraged the public to approach microfinance non-government organizations (MFI NGOs) for lower-interest and no-collateral financing. “Madali nga ang proseso ng pangungutang sa 5-6 subalit pinapatay naman tayo sa laki ng interes sa kanilang mga pautang,” said […]