News - 230120_NWS_PBG

BATANGAS – The Department of Trade and Industry (DTI) launched its livelihood assistance program, Pangkabuhayan sa Pagbangon at Ginhawa (PBG) last 20 January, when President Rodrigo Duterte’s visited the evacuees in Sto. Tomas, Batangas. The program will aid the micro entrepreneurs affected by the Taal Volcano eruption. DTI will soon roll out the program as an assistance package for victims of fire, typhoons, and other calamities nationwide.

Under the PBG program, DTI will provide financial assistance of P10,000 and educational materials after profiling and giving negosyo training to existing micro entrepreneurs.

Trade Secretary Ramon Lopez awarded gift checks to the initial 20 entrepreneurs who are mostly street food vendors, market vendors, and sari-sari store owners who want to continue their businesses. Those interested in the PBG Program may go to the DTI Batangas Provincial Office in Lipa for an initial assessment.

Among the recipients were aspiring entrepreneur Carito Ginil, a 45-year-old habal-habal driver and barangay kagawad, who wants to use his PBG funds to put up an eatery or a sari-sari store. Meanwhile, 35-year-old worker Joel Cruz plans to use his to start a manicure/pedicure business for his wife.

“Ang PBG ay inisyatibo ng pamahalaan at DTI upang matulungan ang mga pinakamaliliit na negosyante na naapektuhan ng pagsabog ng Taal. Ang paunang puhunan ay mabilis at madaling pagkukunan ng kapital upang makabalik sa normalidad ang kanilang kabuhayan matapos ng insidente,” said Secretary Lopez. [PBG is an initiative of the government and DTI to help the smallest of entrepreneurs who were affected by the Taal volcano eruption. The program gives a fast and easy source of initial capital to help microentrepreneurs regain normalcy in their livelihood after the incident.]

Secretary Lopez encouraged entrepreneurs to visit the DTI Negosyo Centers and Provincial Offices to help them restart or grow their businesses. He said that after this initial assistance, the awardees can get free training from DTI as well as low-interest loans through the Pondo sa Pagbabago at Pag-asenso (P3) program.♦

Date of Release: 23 January 2020