SB 1093
Senate·20th Congress·Filed Aug 7, 2025
Pondo Sa Pagbabago at Pag-Asenso (P3) Act
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 creates a new fund to give micro and small businesses cheap, collateral‑free loans, with 40 % of the money lent directly by the Small Business Corporation and 60 % channeled through partner banks and cooperatives.
Business, Trade and IndustryPublic Works and Infrastructure
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Senator
Subjects
Pondo Sa Pagbabago At Pag-Asenso (P3)
Official sources
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SBN-1093 · Sources: BetterGov Open Congress, BatasWatch