Microfinance

Bam: Microfinance NGOs Act to help eradicate “5-6”

The Microfinance NGOs Act will help the government’s plan to eliminate loan sharks or “5-6” as it will provide the poor with alternative low-interest, no-collateral financing, according to Sen. Bam Aquino.

 

“Sa Microfinance NGOs Act, may alternatibong malalapitan ang mahihirap at maliliit na negosyante para makakuha ng pautang sa mababang interes,” said Sen. Bam.

 

“Sa batas na ito, mailalayo ang mahihirap sa malaking interest na sinisingil ng loan sharks at masusuportahan ang pagnanais ng gobyerno na mabura ang 5-6,” the senator added.

 

During the 30th anniversary of 30th Anniversary of Center for Agriculture and Rural Development Mutually Reinforcing Institutions or CARD-MFI, one of the biggest MFI-NGO in the Philippines, Sen. Bam hailed the MFIs’ role in helping Filipino women entrepreneurs.

 

“When you look at the stories na lumalabas, apat na milyong kababaihan ang natutulungan na magnegosyo at makakuha ng tulong para sa kanilang, mas malaking income para sa kanilang mga anak,” said Sen. Bam.

 

“Maganda mapag-usapan ang kuwentong ito na nagdadala ng pag-asa sa kabila ng kuwentong patayan at tungkol sa drugs,” added Sen. Bam, who worked closely with MFIs as a social entrepreneur prior to being a senator.

 

Sen. Bam pushed for the passage of the Microfinance NGOs Act or Republic Act 10693 as co-author and principal sponsor in the Senate during his term as chairman of Committee on Trade, Commerce and Entrepreneurship in the 16th Congress.

 

In turn, MFI NGOs give Filipinos access to low-interest, no collateral loans to pay for housing, medical, and educational needs as well as loans for small businesses.

 

The law gives incentives to microfinance NGOs to continue helping Filipinos overcome poverty not just through financing but also through financial literacy, livelihood, and entrepreneurship training.

 

The law also provides microfinance NGOs needed support and incentives that includes access to government programs and projects, technical assistance and exemption from taxes.

 

“MFI NGOs aid our poor countrymen in times of inflation and price increases. They also provide financing and training for livelihood and small businesses so families can overcome poverty,” he said.

 

“Now that the MFI NGOs Act has been passed and the IRR signed, let’s push for its quick and effective implementation,” he added.

 

In 2013, MFI NGO members of the Microfinance Council of the Philippines, Inc. (MCPI) had a gross loan portfolio of over 15.26 billion pesos catering to more than 2.7 million micro-entrepreneurs.

 

Bam lauds public, private sector for success of Negosyo Centers

Senator Bam Aquino credited the success of Negosyo Centers to the continued cooperation between the legislative and executive branches of government as well as the private sector.

 “Maayos po iyong batas, nakapondo po ito. Ngayon po ipinasa na sa executive. In fairness to our DTI family, buong-buo ang kanilang pagtanggap sa Negosyo Center. They’ve made the Negosyo Center one of their priorities,” said Sen. Bam during the launching of the 400th Negosyo Center in Marikina City.

 Sen. Bam is the principal author and sponsor of the Republic Act No. 10644 or the Go Negosyo Act in the Senate.

Through the Negosyo Center, Sen. Bam said the Department of Trade and Industry (DTI) now has a frontline service organization that will cater to the needs of micro, small and medium entrepreneurs.

“May 400 na sentro na pong pupuntahan ang ating mga maliliit na negosyante para makahingi ng tulong, kahit saan pa sila bansa,” Sen. Bam pointed out. 

Sen. Bam also lauded the private sector and non-government organizations for its participation in the success of the Negosyo Centers.

“In many areas, the Negosyo Center has become a focal point for support, even NGOs, microfinance groups, basta may kinalaman sa pagtulong sa maliliit na negosyante, ito na ang kanilang bahay,” the senator pointed out.

 The Go Negosyo Act, the first law passed by Sen. Bam in the 16th Congress, mandates the establishment of Negosyo Centers in all municipalities, cities and provinces that will assist micro, small and medium enterprises in the country.

 The Negosyo Center will provide access to bigger markets and financing for businesses, training programs, and a simplified business registration process, thus helping ease of doing business and fast-track government processes in putting up a business.

Sen. Bam continues to work closely with the DTI to ensure the effective implementation of the law.

According to the DTI, the number of Negosyo Centers will increase to 420 by the end of 2016.

Senate Bill No. 354: Secured Transactions Act

Micro, small, and medium enterprises (MSMEs) are critical in the country’s drive to maintain strong economic growth and uplift millions who live in poverty considering that in 2014 they comprised 99.6% of all Philippine businesses, generated 62.8% of all jobs in the Philippines,1and contributed to around 35% to Philippine GDP.2

The challenge is to ensure that microenterprises grow into small business; and small businesses develop into medium-sized enterprises. We must provide these businesses with an enabling environment so they survive, grow, and expand to create better lives for their families and increase job opportunities for other Filipinos. Crucial to their growth is access to financing at reasonable rates.

While there is notable growth in the microfinance sector, there is still a major gap relative to financing small enterprises, whose loan requirements are beyond the scope of microfinance institutions. Despite being a growth area for banks, SME financing is still considered unattractive given the perceived risks, without traditional collateral such as land and other real property. However, MSMEs’ assets are mostly personal in nature (equipment, inventory, motor vehicle, accounts receivable,etc.), making it difficult for MSMEs to meet bank requirements to get loan approvals. 

As early as 1906, the Philippines has in place a secured transactions legal environment, the Chattel Mortgage Law, and a document-based movable collateral registry operated by the Register of Deeds. The current regime recognizes a diverse set of movable assets acceptable as collateral for loan purposes (e.g., motor vehicles, standing crops, like rice, sugarcane, and other agri-aqua commodities, equipment, etc.,); however, these assets are not being fully utilized nor preferred by banks as loan collateral, except motor vehicles, which leaves the law ineffective to increase trade or facilitate access to finance for MSMEs, and underscores the need to modernize these laws governing movable asset lending in the Philippines. 

The Secured Transactions bill seeks to enable financial institutions to rethink how they view collateral and reduce the perceived risks, by providing protection for framework to govern lending transactions that involve the use of personal property as collateral, as well as the design, establishment, and operation of a unified, centralized, online notice-basednational collateral registry to assure banks that the collateral being submitted has not already been utilized for another loan. These reforms have the potential to increase credit access for women and small businesses, reduce the risks of non-satisfaction of debt and thereby lower the cost of borrowing, and reduce the rate of non-performing loans of financial institutions. 

Jurisdictions like Mexico, Vietnam, and China have undertaken similar reforms and have seen their positive impacts. For example, in Mexico, similar reforms led to the creation of a national Accounts Receivable Finance Platform by the government’s development bank, which has supported at least 130,000 SMEs through accounts receivable financing. In Vietnam, the number of collateral registrations (each representing a loan) surpassed 6000,000 cumulatively over a period of four years. In China, loans with movable asset security are now disbursed at about USD 3.0 trillion per year. 

The bill can bring growth to both MSMEs and to our financial institutions, and enjoin our banks to take part in MSME development with less risk. This measure provides us an opportunity to create a win-win, balanced environment for financial institutions and small businesses, which will generate more employment and sustainable livelihood for Filipinos across the country. 

In view of the foregoing, immediate passage of this bill is earnestly sought. 


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Bam: More support for poor Filipino families ​through Microfinance NGOs

Low-income households will be supported by more m​icrofinance non-government organizations (​MFI ​NGOs) with the signing of the Implementing Rules and Regulations (IRR) for Republic Act 10693 or the Microfinance NGOs Act.
 
​“This law will encourage more MFI​ NGO​s to ​help the poor through ​loans and​ ​training,” said Sen. Bam Aquino, who pushed for the law’s passage in the Senate as co-author and principal sponsor.
 
​​MFI NGOs give Filipinos access to low-interest, no collateral loans to pay for housing, medical, and educational needs​ as well as loans for small businesses.
 
“MFI NGOs​ aid​ our poor countrymen in times of inflation and price increases. They also provide financing and training for livelihood and small businesses so families can overcome poverty,” he added.
 
In 2013, MFI NGO members of the Microfinance Council of the Philippines, Inc. (MCPI) had a gross loan portfolio of over 15.26 billion pesos catering to more than 2.7 million micro-entrepreneurs.
 
​According to Sen. Bam, the law ​incentivizes microfinance NGOs to continue helping Filipinos overcome poverty not just through financing but also through financial literacy, livelihood, and entrepreneurship training.
 
​​The ​law provides microfinance NGOs needed support and incentives that includes access to government programs and projects, technical assistance and exemption from taxes.
 
​​Republic Act 10693 was one of Sen. Bam’s 16 laws in the 16th Congress. It was passed under his watch as chairman of the Committee on Trade, Commerce and Entrepreneurship.
 
​The ​law’s IRR is set to be signed today, August 16, 2016.

Bam’s Loan Guarantee for Small Biz Program Now a Law

Small and medium enterprises will now have additional access to credit with the approval of the Credit Surety Fund (CSF) Cooperative Act into law, according to Sen. Bam Aquino.

Aquino, author and sponsor of the Senate version of the measure, said that Republic Act 10744 would institutionalize the CSF program of the Bangko Sentral ng Pilipinas (BSP), which targets the missing middle or loan requirements ranging from P200,000 to P5 million.

“When it comes to micro, we have the cooperatives and the microfinance institutions. When it comes to the medium and large, our banks are actually quite willing to provide loans,” said Aquino, chairman of the Committee on Trade, Commerce and Entrepreneurship.

“This small enterprise space that we perceive to still be a missing middle will, hopefully, be catered to through the Credit Surety Fund Cooperative Act,” he added.

According to Aquino, the smaller enterprise’s loan needs that range from 500 thousand pesos to 5 million pesos are too large for microfinance institutions but still perceived to be too risky for banks, which, most of the time, ask for collateral.

Through this, the BSP, local government units, Department of Finance, Cooperative Development Authority, cooperatives, microfinance NGOs and government financing institutions (GFIs) will join hands to create an initial fund.

This fund may be used by entrepreneurs and businessmen belonging to cooperatives and microfinance NGOs, which helped establish it, as collateral or guarantee for bank loans.  

“So hopefully we’ll be able to provide loans at this space with comparable rates completing the whole financial inclusion supply chain,” said Sen. Bam.

Furthermore, the new law will help build the capability of MSMEs, cooperatives and non-government organizations in the areas of credit evaluation, loan and risk management, and good governance.

Also, the bill seeks to enhance the MSMEs’ credit worthiness and broaden access to credit facilities, and sustain the continuous flow of credit in the countryside.

“This will generate more employment and alleviate poverty through increased investments and economic activities,” added Aquino, stressing that the challenge is to grow the micro businesses into small enterprises and the small enterprises to medium enterprises.

“If it this is done, growth would not only be for the few rich, rather, it would be for everyone, even to the poorest Filipino,” Aquino said.

The Credit Surety Fund Cooperative Act is the tenth law of Aquino in the 16th Congress.

He is a former social entrepreneur, who worked on livelihood and business development projects in poor communities for a long time before running for a senate seat in 2012.

Sen. Bam Welcomes APEC’s ‘Stamp of Approval’ on MSMEs

Sen. Bam Aquino called the Asia-Pacific Economic Cooperation’s (APEC) recognition of micro, small and medium enterprises’ role in poverty eradication as “stamp of approval” on the Senate’s work to strengthen entrepreneurship in the country.
 
In a joint communiqué at the conclusion of the APEC Summit, the 21 APEC leaders recognized the significance of MSMEs in poverty eradication and inclusive growth and committed to work for their globalization.
 
“Practically, lahat po ng tinututukan namin sa Senado, inclusive finance, support for MSMEs at E-commerce, nahagip siya sa APEC na ito. Nagkaroon siya ng stamp of approval na itong ginagawa ninyo, talagang mahalaga ito sa kapakanan ng ating bayan at APEC economies,” said Sen. Bam.
 
A former social entrepreneur and a staunch advocate of MSMEs as chairman of the Senate Committee on Trade, Commerce and Entrepreneurship, Sen. Bam said APEC’s recognition solidified his long-standing belief and advocacy that empowering MSMEs can help eradicate poverty.
 
Sen. Bam pushed for the passage of Republic Act No. 10644 or the Go Negosyo Act, which provides for the establishment of Negosyo Centers in all provinces, cities and municipalities in the country to help MSMEs.
 
“Through some of our programs like the Negosyo Centers, sinisikap po natin na nandiyan ang support for our MSMEs. Sa ngayon, mayroon na tayong 116 Negosyo Centers sa buong Pilipinas,” the senator said.
 
“Nandiyan po iyan para magbigay ng training, capacity building, market linkage at financing sa ating MSMEs,” he added.
 
Aside from the Go Negosyo Law, Sen. Bam also worked for the passage of other laws that support MSMEs in the country.
 
Among them are Republic Act No. 10693 or the Microfinance NGO Act, Republic Act No. 10667 or the Philippine Competition Act, Republic Act No. 10668 or the Foreign Ships Co-Loading Act and Republic Act No. 10679 or the Youth Entrepreneurship Act.
 

Because entrepreneurs need access to capital

For entrepreneurs, no matter how hardworking you are and how much potential your business has, one thing is for sure: you need starting capital.

Access to credit, with reasonable terms and interest rates, is a critical piece in the business development pie, whether for start-ups and micro-enterprises, small and medium enterprises, or large businesses.

When it comes to bigger, established businesses, banks often compete to offer them loans. Their solid track record for success together with assets they can sign off as collateral decreases the risk of lending to them.

But what about our micro, small and medium enterprises (MSMEs), which comprise over 900,000 registered businesses in the Philippines?

The MSME sector, a sector fundamental to our country’s inclusive growth and development, is lacking in financial support.

According to a recent study by the Asian Development Bank (ADB) on SMEs in Asia, the Philippines was ranked one of the lowest in terms of share of SME loans to total bank loans in 2014.

The average share of SME loans to bank loans in lower-middle income Asian countries is considered quite low, at 14.6%. But the Philippines falls shorter than this average at only 10.3%, which is just enough to meet the mandatory compliance requirement for banks provided by law.

What’s more, a closer look at the data reveals that lending to micro and small enterpise by banks was only at 5.6% in 2013 and 4.6% in 2014, both below the legally mandated 8%, which tells us that banks would rather pay penalties than take on the risk of lending to our smaller businesses.

Bridging the gap

Given the situation, the government must take a more proactive stance in bridging the gap between MSMEs and their capital needs.

With policy-mandated quotas unable to encourage banks to lend to our entrepreneurs, we must look for other ways to complete the financing spectrum for this sector.

For micro-entrepreneurs, a growing microfinance industry is a great sign. In 2013, a study released by the ADB showed that there were 2,000 microfinance institutions and 200 banks servicing over 7 million microfinance clients.

Some of them even go beyond offering loans at reasonable terms and work closely with their clients in building their businesses through training and market linkage. These are the microfinance NGOs that will benefit from our recently ratified Microfinance NGOs Act.

However, MFIs are limited to loans between P5,000 and P150,000. The largest gap in access to credit lies in loan requirements from P200,000 to P5 million, which are primarily for our small enterprises.

This break in the chain of financial inclusion hinders the growth of local enterprises and, therefore, must be addressed.

One technique to bridge this gap is to provide them the collateral that banks require – hence our Credit Surety Fund (CSF) Cooperative Act that was just finalized at a recent bicameral conference.

What this legislation does is bring the Bangko Sentral ng Pilipinas (BSP), Department of Finance, Cooperative Development Authority, and Local Government Units (LGUs) together with various cooperatives and NGOs to create funds that will serve as a guarantee or a form of collateral for members of these cooperatives.

The CSF Cooperative Act will give entrepreneurs access to loans from financing institutions by quelling the risk with a “guarantee fund.”

What not many may know is that credit surety funds are already in existence in the Philippines thanks to the 7-year program run by the BSP. There are already 40 CSFs involving 548 cooperatives across 50 LGUs.

With the ratification and signing of the CSF Cooperatives Act within the year, these guarantee funds become accessible and available to more entrepreneurs around the country.

We can hope that more Filipino entrepreneurs will get the financing they need to grow successful businesses, generate more jobs, and spread wealth and opportunities throughout the Philippines.

We can also hope to continue strengthening support for entrepreneurs and complete the range of financing products for MSMEs through policy and inclusive and innovative financing.

First published on Rappler.com

MFI NGOs Act Approved on Third and Final Reading

 

 

SBA Photo MFI NGO 1 081015

 

SBA Photo MFI NGO 2 081015

Senator Bam Aquino poses with microfinance non-government organization (NGOs) beneficiaries who witnessed the Senate’s approval of SB No. 2752 or the Microfinance NGOs Act on third and final reading last Monday (August 10, 2015).

The measure aims to strengthen non-government organizations (NGOs) that provide micro financing to the poor who want to start their own business. Aside from loans, microfinance NGOs also provide training programs and seminars to enhance the entrepreneurial skills and financial literacy of their borrowers.

Senate OKs Microfinancing Non Profits that Help the Poor

A measure strengthening non-government organizations (NGOs) that provide micro financing to the poor who want to start their own business has been passed by the Senate on third and final reading Monday.

 Principally sponsored by Senator Bam Aquino, Senate Bill No. 2752 or the Microfinance NGOs Act was approved by the Senate with around 100 beneficiaries from different parts of the country in attendance.

 “The approval was a victory for all microfinance NGOs, which, for decades now, have been helping the government’s poverty alleviation program without getting anything in return” said Sen. Bam, chairman of the Senate Committee on Trade, Commerce and Entrepreneurship.

 “The passage of this measure is recognition of their crucial role in lifting our fellow Filipinos from poverty and enabling the poor to build their own businesses and create their own sustainable livelihood,” he added.

 Sen. Bam hopes that the Microfinance NGOs Act will also encourage more institutions to help in the promotion of the development of micro businesses all over the country.

 Sen. Bam said microfinance NGOs provide low-interest, no collateral financing to those who want to start their own small business, luring them away from loan sharks or more commonly known as “5-6”.

 Microfinance NGOs offer a variety of loans – from business, housing, educational and medical – to low-income households with an average nominal interest rate of 2 to 2.5% and a usual loan cycle of 6 months.

 “Mabigat po talaga ang mangutang sa 5-6 dahil halos lahat ng kinikita mo sa araw-araw, doon napupunta. Sa MFI NGOs, magaan na hulog, mahaba pa ang palugit,” said Resureccion Aquino, owner of “Angels” figurines and ceramic display and a beneficiary of a P75,000 from Kasagana-ka Development Center, Inc. (KDCI).

 Aside from loans, microfinance NGOs also provide training programs and seminars to enhance the entrepreneurial skills and financial literacy of their borrowers.

 “Nakakuha na kami ng pautang, nabibigyan pa kami ng libreng insurance at mayroon pang training para sa dagdag na kaalaman,” said Rosana Santos, owner of J-Anmos Homemade Products and a recipient of a P50,000 loan from KDCI.

 The bill also provides microfinance NGOs needed support and incentives that includes access to government programs and projects, technical assistance and exemption from taxes.

 “With this Act, we will be able to reach more Filipinos in poor communities, enabling us to fulfill our mission as an institution – lifting the poor out of poverty and bringing our nation towards development,” said Dr. Aris Alip, founder and managing director of Center for Agriculture and Rural Development – Mutually Reinforcing Institutions (CARD-MRI).

 CARD-MRI is the biggest MFI NGO in the country, with around 1,780 branches in different parts of the Philippines.

 “The support that the bill accords to microfinance NGOs would ultimately benefit the enterprising poor in terms of greater affordability, accessibility, and variety of micro finance programs and services geared towards the expansion of their livelihoods and furthering their transformative contributions to community development,” the Microfinance Council of the Philippines said in a statement.

 With the House version of the measure already approved, a bicameral conference committee meeting will be held in the coming days to consolidate and finalize the provisions before it will be transmitted to Malacanang for President Aquino’s approval.

Bida Ka!: Ulat sa mga Bida

Mga Bida, noong unang araw ng Hulyo ay nakadalawang taon na tayo sa Senado. Sa panahong ito, dumaan tayo sa maraming hamon at pagsubok habang ginagampa­nan ang tungkuling ibinigay ninyo sa akin bilang isang mambabatas.

Pumasok tayo sa Senado sa panahong batbat ito ng kontrobersiya, tulad ng pork barrel scam ni Janet Lim Napoles. Sa unang taon natin, bagsak ang Senado sa mata ng taumbayan dahil sa kontrobersiya sa PDAF at iba pang isyu ng katiwalian.

Sa kabila nito, hindi tayo nawalan ng pag-asa na muling babalik ang tiwala ng taumbayan sa aming mga mambabatas basta’t tuluy-tuloy lang ang ating pagtatrabaho para sa kapa­kanan ng mas nakararaming Pilipino.

Kaya itinuon natin ang pansin sa pagtupad sa mga pangako natin noong kampanya na trabaho, negosyo at edukasyon. Ipinursige natin ang pagpasa sa ilang mahahalagang batas na makatutulong upang ito’y maging katuparan.

Ngayong papasok na tayo sa ikatlong taon sa ating termino, nais nating ibahagi sa inyo, mga Bida, ang ating nagawa noong huling dalawang taon sa Senado.

Apat na batas kung saan tayo ang may-akda, co-author o ‘di kaya’y principal sponsor ang naisabatas sa loob ng dalawang taon.

***

Noong nakaraang taon, naisabatas ang Go Negosyo Act kung saan itinatakda ang paglalagay ng Negosyo Center sa lahat ng munisipalidad, siyudad at lalawigan sa buong Pilipinas.

Sa Go Negosyo Act, nabigyang katuparan ang ating pa­ngako na tututukan natin ang paglikha ng trabaho at pangkabuhayan, pagpapalago ng maliliit na negosyo at pagsasaayos ng mga sistemang magpapadali sa pagnenegosyo.

Inaprubahan din ng Pangulo ang Philippine Lemon Law, na nagbibigay proteksyon sa mga bumibili laban sa mga depektibong kotse.

***

Ngayong taon, nais nating ibalita na napirmahan na ng Pangulo ang Philippine Competition Act, ang batas na magbibigay ng pantay na pagkakataong lumago sa lahat ng negosyo sa bansa.

Parurusahan nito ang anumang anti-competitive agreements at pang-aabuso ng malalaking kumpanya, at buburahin ang mga kartel na kumokontrol sa supply at presyo ng bilihin sa merkado.

Lubos kong ipinagmamalaki ang nasabing batas dahil naipasa ito sa ating panahon bilang chairman ng Senate Committee on Trade, Commerce and Entrepreneurship matapos mabimbin ng 25 taon sa Kongreso.

Naaprubahan na rin ng Pangulo ang Foreign Ships Co-Loading Act, kung saan papayagan na ang mga dayuhang barko na may dalang imported cargo o ‘di kaya’y cargo na nakatakdang ipadala sa ibang bansa, na dumaong sa iba’t ibang pantalan sa Pilipinas.

Sa batas na ito, bababa ang gastos sa pagpapadala, mas magiging maayos ang sistema ng import at export ng bansa at bababa ang presyo ng mga bilihin. Makatutulong din ang batas para paluwagin ang malalaking pantalan sa bansa.

Maliban sa dalawang batas na ito, naghihintay na lang ng pirma ng Pangulo ang Youth Entrepreneurship Act, na magandang sandata upang labanan ang lumalaking bilang ng kabataang walang trabaho sa bansa, na nasa 1.32 milyong kabataan.

Nakalusot na rin sa ikatlong pagbasa ang Responsive, Empowered, Service-Centric Youth Act, na layong patibayin ang partisipasyon ng mga kabataan sa pagpaplano sa mga sakuna at trahedyang dumarating sa ating bansa.

Nakapaghain na rin tayo ng committee report sa Microfinance NGOs Act, na layong palakasin ang sektor na nagbibi­gay ng mga pautang at iba pang tulong sa mga negosyo para sa maliliit na negosyante.

***

Hindi lang paggawa ng batas ang ating tinutukan noong nakaraang taon kundi ang pag-iimbestiga sa ilang mahaha­lagang isyu, tulad ng mabagal at mahal na Internet sa bansa.

Sa isang taon nating pag-iimbestiga, nahikayat natin ang mga telcos na tanggapin ang IP peering ng Department of Science and Technology (DOST). Naglabas na rin ang Department of Justice (DOJ) ng panuntunan laban sa mapanlinlang na Internet print, TV at radio advertisements.

Anumang araw mula ngayon, ilalabas na rin ng National Telecommunications Commission (NTC) ang memorandum circular na magtatakda sa kalidad ng standards na susundin ng lahat ng telcos, maging broadband o DSL.

Inimbestigahan din natin ang pagsisikip sa pantalan ng Maynila sa pagsisimula ng taon. Matapos ang ilang pagdinig, nanumbalik na sa normal ang operasyon nila.

Panghuli, nakipagtulungan din tayo sa Department of Trade and Industry (DTI), mga lokal na pamahalaan, eskuwelahan, mga business clubs at iba pang pribadong grupo para itayo ang mga Negosyo Centers na tutulong sa maliliit na negosyante.

Ayon sa batas nating Go Negosyo Act, papada­liin ng mga Negosyo Centers ang pakikipagtran­saksyon sa pamahalaan ng mga negosyo, magbibigay ito ng kaukulang abiso, training at serbisyo para lalo pang mapalago ang ating mga pinapangarap na k­abuhayan.

Mayroon na tayong naitayong 61 Negosyo Centers sa buong bansa pagkatapos ng kalahating taon at magbubukas pa ng mahigit 50 sa pagtatapos ng taon.

Mga Bida, patuloy kaming nagpapasalamat sa walang-sawang suporta ninyo sa aming opisina. Sa kabila ng mga naabot natin sa ikalawang taon, hindi pa rin tayo titigil sa pagtatrabaho upang lalo pang mapaangat ang kalagayan ng ating mga kababayan at ng buong bansa!

 

First Published on Abante Online

 

 

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