Monday, May 21, 2012

SME Philippines

The provincial government has allotted this year P70 million aimed at providing and increasing the income of Small and Medium Entrepreneurs (SME) in the province.

Carlito Tumaliuan, provincial cooperatives officer, said the provincial government through the leadership of Governor Faustino G. Dy III has increased this year the program allotment to further help the SMEs in the province.

Last year, the provincial government allotted P30 million for the program.

Tumaluian said the provincial government through the provincial cooperatives officer is lending an interest-free P3,000 each to applicants of the livelihood loan assistance program.

Tumaliuan said the livelihood loan assistance is for those aiming to put up a small business or additional capital of small entrepreneurs.

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