Mr. Julius Cruz, Account Officer of the Small Business Corporation-North Luzon Group discusses the documentary requirements for Micro-Finance Institutions to be accredited.

In line with preparation for the implementation of the Pondo sa Pagbabago at Pag-asenso (P3) Program, the Department of Trade and Industry (DTI)-RO2, in partnership with Small Business Corporation-North Luzon Group, conducted a Pondo sa Pagbabago at Pag-asenso (P3) Roll-out on May 31, 2017 at the DTI NERBAC Conference Room, Carig Sur, Tuguegarao City, Cagayan.

The Roll-out of the P3 Program was simultaneously launched nationwide on May 31, 2017.

For region 2, the roll-out was attended by representatives from Market Vendor Associations, Local Government Units, Micro-Finance Institutions (MFIs), Small Business Corporation Personnel, DTI officers and personnel as well as partners in the media.

Mr. Julius Cruz, Account officer of Small Business Corporation- North Luzon Group discussed the background of the P3 Program, the implementing guidelines of the P3 program as compared to their regular wholesale loan, and requirements for the accreditation of local MFIs in region 2.

An open forum was also conducted to entertain queries and issues from the potential MFIs and market vendors association representatives.