An Act Promoting Entrepreneurship by Institutionalizing a Financing Program for Micro and Small Enterprises Through the Pondo Sa Pagbabago at Pag-Asenso Program and Appropriating Funds Therefor
The P3 Act would let micro‑ and small‑business owners borrow up to ₱2 million without having to pledge collateral, with interest limited to 1 % a month, and also give them a one‑time cash grant of ₱5,000‑₱50,000 plus free business training.
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/SBN-1832. Status changes over time; check the link for the latest.
SBN-1832 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.