The Department of Trade and Industry (DTI) – MIMAROPA has so far endorsed the approval of financial loans amounting to P290-M to over 2,000 borrowers affected by the pandemic through the Small Business Corporation’s (SBCorp) Bayanihan COVID-19 Assistance to Restart Enterprises (CARES) Program, as of 25 August 2021. Micro, small, and medium enterprises (MSMEs) with continue reading : DTI approves P290-M in loans for MSMEs in MIMAROPA
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
At least 18 loan officers from private banks and the Small Business Corporation finished the third batch of the SME Business Specialist Certification, the first module of its SME Loan Officers Certification Program, aimed at providing solid groundwork for developing participants’ skills and knowledge in catering to local SME borrowers. Launched in 2015, the certification continue reading : Loan officers finish SB Corp SME Business Specialist Certification
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
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
The Small Business Corporation, an attached agency of the Department of Trade and Industy, will now focus on lending after Executive Order No. 58 was signed by President Rodrigo Duterte on July 23, which instructs the transfer of the guarantee functions to the Philexim. The EO 58 approved the merger of the Philippine Export-Import Credit continue reading : SB Corp to focus on MSME finance, looks to release P1.7-B for P3 in 2018