SB 587
Senate·20th Congress·Filed Jul 14, 2025
Pondo Sa Pagbabago at Pag-Asenso (P3) Act
An Act Providing a Socialized Micro Financing Program for Micro Enterprises, Thereby Promoting Entrepreneurship
In plain language
The P3 Act creates a government‑run micro‑finance program that gives small businesses cheap loans, cash grants, and training, using the Small Business Corporation and partner lenders, with interest caps and no collateral.
Social WelfareBusiness, Trade and IndustryEducation
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Author · Senator
Subjects
Pondo Sa Pagbabago At Pag-Asenso (P3)Micro Financing Program
Official sources
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SBN-587 · Sources: BetterGov Open Congress, BatasWatch