Tag: small businesses

SBC OPENS P1-B LOAN FACILITY FOR MICRO BUSINESSES HIT BY COVID-19 LOCKDOWN – LOPEZ

Post author By Christine Castro
Post date April 1, 2020
No Comments on SBC OPENS P1-B LOAN FACILITY FOR MICRO BUSINESSES HIT BY COVID-19 LOCKDOWN – LOPEZ

To support micro and small businesses affected by the spread of the coronavirus disease 2019 (COVID-19) in the country, the Small Business Corporation (SBC) of the Department of Trade and Industry (DTI) is setting up a P1-billion Enterprise Rehabilitation Financing facility under the “Pondo sa Pagbabago at Pag-asenso” (COVID-19 P3-ERF). The loan facility will be […]

Tags COVID-19, DTI, economic losses, loan, pandemic, SBC, Secretary Lopez, small businesses

Politics

P3 TO COMBAT ‘5-6’ – PIMENTEL

Post author By Hazel Chua
Post date January 16, 2019
No Comments on P3 TO COMBAT ‘5-6’ – PIMENTEL

Senate Trade and Commerce Committee Chair Koko Pimentel III on Wednesday reiterated the need to institutionalize the government’s Pondo sa Pagbabago at Pag-asenso (P3) Program to permanently establish a viable alternative for small business owners that fall prey to “5-6” loan sharks who charge “unconscionable” interest rates. The senator from Mindanao said he understands why […]

Tags 5-6, loan sharks, P3 Program, Senator Pimentel, small businesses