HB 2510
House·20th Congress·Filed Jul 29, 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 P3 Act proposes a dedicated fund that will lend to micro and small enterprises at low interest rates (up to 1% per month for direct loans and 2.5% for loans through partner banks), without requiring collateral, and will be managed by the Small Business Corporation with oversight from the MSMED Council.
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HB02510 · Sources: BetterGov Open Congress, BatasWatch