HB 1829
House·20th Congress·Filed Jul 14, 2025
An Act Promoting Entrepreneurship by Establishing a Sustainable Financing Program for Micro and Small Enterprises Through the Pondo Sa Pagbabago at Pag-Asenso Program, and Appropriating Funds Therefor
In plain language
The bill proposes a new “P3” fund that would give micro‑ and small‑business owners low‑interest loans (max 1 % per month directly, 2.5 % via partner lenders) without requiring collateral, managed mainly by the Small Business Corporation.
Business, Trade and IndustryPublic Works and Infrastructure
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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HB01829 · Sources: BetterGov Open Congress, BatasWatch