The Department of Trade and Industry (DTI) – MIMAROPA has so far endorsed the approval of loans amounting to over P28M to micro, small, and medium enterprises (MSMEs) in the region through the Small Business (SB) Corporation’s P3 COVID-19 Assistance to Restart Enterprises (CARES) Program. The P3 CARES is one of the flagship financing programs continue reading : Over P28M worth of loan for small businesses affected by COVID-19 approved in MIMAROPA
Message of Secretary Ramon M. Lopez, Virtual Signing of Joint Memorandum Circular on Unified Government Programs and Services in Agribusiness
As delivered, 27 November 2020 via Zoom Magandang araw po sa inyong lahat. Atin pong nilagdaan itong Joint Memorandum Circular, pinagsama-sama po itong mga ahensya na makakatulong po sa ating Overseas Filipino Workres (OFWs). Of course, ‘pag sinabing OFW, Department of Labor and Employment (DOLE) po ang nangunguna diyan, kasama po ang ating ka-partner na continue reading : Message of Secretary Ramon M. Lopez, Virtual Signing of Joint Memorandum Circular on Unified Government Programs and Services in Agribusiness
SB Corp to introduce 10 Credit Delivery Partners for P3 program
The Small Business Corporation (SB Corp) will introduce 10 Credit Delivery Partners (CDPs) from Luzon to Mindanao to deliver fast and efficiently the Pondo sa Pagbabago at Pag-asenso (P3) program to micro entrepreneurs. Department of Trade and Industry (DTI) Secretary Ramon Lopez said the 10 CDPs will make the delivery of the P3 program continue reading : SB Corp to introduce 10 Credit Delivery Partners for P3 program
More Financial Institutions partner with SB Corp for P3 Program
The Small Business Corporation (SB Corp) recently added Koop King Multi-purpose Cooperative to its growing number of partner financial institutions (PFIs) for the Pondo sa Pagbabago at Pag-asenso (P3). As of 31 May 2019, there are over 400 PFIs and more than 80,000 micro borrowers nationwide. In photo:(from L-R) Koop King Multi-purpose Cooperative Head of continue reading : More Financial Institutions partner with SB Corp for P3 Program
Lopez reiterates support, commitment to micro entreps through P3 Program
Department of Trade and Industry (DTI) Secretary Ramon Lopez reiterated the government’s commitment to support micro enterprises throughout the country by providing affordable and cost-efficient micro-finance loans through the Pondo sa Pagbabago at Pag-asenso (P3) program. “We reiterate that the government is committed to support our micro entrepreneurs in setting up and running their continue reading : Lopez reiterates support, commitment to micro entreps through P3 Program
Micro finance institutes to gather, forge stronger ties at P3 National Congress
Over 250 micro financing institutes (MFIs), serving as conduits in delivering the Pondo sa Pagbabago at Pag-asenso (P3) Program to micro enterprises, gather on 26 November 2018 at the Philippine International Cultural Center (PICC) in Pasay City to discover areas on how to deliver efficient and quicker loans to micro enterprises. The Pondo sa Pagbabago continue reading : Micro finance institutes to gather, forge stronger ties at P3 National Congress
DTI, CARD renew P3 partnership with another P100-M MSME loan fund
In the photo are (from L to R): SB Corporation’s Head for Treasury Juliet Calimlim and Executive Vice President Melvin Abanto, Sec. Lopez, CARD MRI Founder and Chairman Emeritus Dr. Jaime Aristotle Alip, and CARD Inc’s President Flordeliza Sarmiento and Executive Director Jocelyn Dequito. The Department of Trade and Industry (DTI) widens the reach continue reading : DTI, CARD renew P3 partnership with another P100-M MSME loan fund
Bill to institutionalize P3 Program filed in Senate
Senator Aquilino “Koko” Pimentel III filed on 19 September 2018 a Senate Bill that will institutionalize the Pondo sa Pagbabago at Pag-asenso (P3) Program to further strengthen the landmark micro loan program of President Rodrigo Duterte that will provide relief to micro enterprises through alternative source of financing. The Senate Bill No. 2017 or “An continue reading : Bill to institutionalize P3 Program filed in Senate
SB Corp. grants loans to micro entreps to cushion Boracay closure impact
The Small Business Corporation (SB Corp.), the financing arm of the Department of Trade and Industry (DTI), has started releasing loans under the Pondo sa Pagbabago at Pag-asenso (P3) program to micro enterprises in Boracay Island. Trade Secretary Ramon Lopez said the first batch of loans through the P3 program is intended to support micro continue reading : SB Corp. grants loans to micro entreps to cushion Boracay closure impact
Marawi entreps, soldiers to benefit from P3 program’s PHP100M loan allocation
DTI Secretary Ramon M. Lopez encourages the attendees of the Marawi Entrepreneurship and Job Fair to take advantage of the microfinancing programs of the government and private sectors. The Department of Trade and Industry (DTI) offered microfinance solutions amounting to P100M to Internally Displaced People (IDPs) during the Marawi Entrepreneurship and Job Fair held last continue reading : Marawi entreps, soldiers to benefit from P3 program’s PHP100M loan allocation