MENU

DTI provides special zero-interest negosyo loans for families of soldiers wounded and killed-in-action.
DTI and PLDT collaborate to digitize business.
BOI recognized by CSC for anti-red tape initiatives.
South Korean firms interested in investing in PH’s infrastructure and energy sectors.
Hungarian ambassador visits DTI.
Trade chief calls on Fil-Chinese businessmen: Be part of nation-building.
PH strengthens investment relations with India.
DTI ties up with Google and IPGMB to digitize MSMEs.
DTI-DPWH ROLL-IT Convergence Program holds 2nd National Meeting.
DTI provides special zero-interest negosyo loans for families of soldiers wounded and killed-in-action.Department of Trade and Industry (DTI) Secretary Ramon Lopez (1st row, leftmost) signed equity/loan agreements with soldiers/families of wounded in action (WIA) or killed in action (KIA) soldiers on 13 February 2018 at the AFP Medical Center in Quezon City. This WIA/ KIA P3 loan program is a special Php 50 million loan package that’s part of President Rodrigo Duterte‘s program to provide livelihood packages and fund assistance to the affected families of soldiers through DTI, in cooperation with the Department of National Defense (DND) and the Armed Forces of the Philippines (AFP). This program is under the overall P3 (Pondo sa Pagbabago at Pag-asenso) under the Small Business Corporation (SBCorp) that offers easy access loans to Micro, Small, and Medium Enterprise (MSME) as a way to stop high-interest 5-6 lending schemes.  For the P3 loans allotted to the soldiers, loans of Php 100,000 or less will be interest-free if fully-paid within two years. Beyond this 2-year term, the borrowers will only have to pay 2% annual interest. As of 9 February, the DTI has released Php 902,000-worth of loans to 13 WIA/ KIA beneficiaries. These loans will be used for business ventures like hog-raising, rice trading, food stalls, and sari-sari stores. Overall, DTI has approved a total of 43 loan applications with a total amount of Php 2,596,000.♦

start stop bwd fwd

 

 

 

 

Back
to top