In photo: Participants of the seminar on Financial Loan Assistance for MSMEs amidst the pandemic

Victoria, Laguna – The Department of Trade and Industry – Laguna Provincial Office (DTI-Laguna), through its Victoria Negosyo Center, performs its mandate to sustain the operations of micro, small, and medium enterprises (MSMEs) amidst the onset threat of the COVID-19 pandemic. This mandate involves providing financial assistance to entrepreneurs.

Despite the available financial programs from both the government and the private sectors, MSMEs still need programs that could provide them loans with minimal interest rates and better payment terms for specific period.

With these circumstances in mind, DTI-Laguna organized a seminar on financial loan assistance for MSMEs, which aims to give support and assistance with regard to the information on financial programs. The said activity was conducted face-to-face while observing minimum health protocols at the DTI-Laguna office in Victoria, Laguna last 25 June 2021.

Representative from the Department’s financing arm, SB Corporation OIC Head of South Luzon Group Ronald Inciong, conducting the seminar

During the event, Small Business (SB) Corporation Officer-in-Charge Head of South Luzon Group Ronald Inciong introduced different financial grants provided by their office. The event was also graced by DTI-Region 4A Regional Director (RD) Marilou Toledo and DTI-Laguna Provincial Director Clarke Nebrao as they showed their support toward MSMEs through their heartwarming and encouraging messages.

Moreover, DTI-Laguna, in partnership with SB Corporation, facilitated a ceremonial awarding of certificates to beneficiaries of Helping the Economy Recover thru OFW Enterprise Start-ups (HEROES) and COVID-19 Assistance to Restart Enterprises (CARES), two financial programs of SB Corporation.

Finally, the foregoing activity shall serve as an opening for the series of trainings and seminars that DTI will offer to its clients and stakeholders. This will perpetuate the hunger of MSMEs to sustain their drive to being the backbone of the economy and eventually the initiator of Philippines’ economic growth.♦

Date of Release: 7 July 2021