The proposed P3 Act would create a dedicated fund that offers collateral‑free loans to micro and small enterprises at capped interest rates (1 % per month for direct loans, 2.5 % for loans via partner institutions). The Small Business Corporation, under DTI, would manage the fund, allocating 40 % of loans directly and 60 % through accredited partners, with up to 5 % of proceeds allowed for administrative costs.
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/HB09472. Status changes over time; check the link for the latest.
HB09472 · Sources: BatasWatch
Status history
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.