The proposal creates a government‑run micro‑loan fund (the P3 Fund) that will lend money to micro‑enterprises at a maximum 12 % interest rate, without requiring collateral, and will be administered by the Small Business Corporation through banks, cooperatives and other accredited lenders.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB03548. Status changes over time; check the link for the latest.
HB03548 · Sources: BetterGov Open Congress, BatasWatch
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.