A total of 103 owners of micro, small, and medium enterprises (MSMEs) in Muntinlupa received P2.26 million zero-interest loans from the city government on Friday, Sept. 9.
The office of the Joint Resources Financing Program held the orientation and release of loans to batches 140 and 142 of the be
The Muntinlupa City government has granted zero-interest loan assistance to 200 micro, small, and medium enterprises (MSMEs) in the city to help them revive their businesses that have been hit by the COVID-19 pandemic. Mayor Jaime Fresnedi led a ceremonial turn-over ceremony of the loan assistance
Published January 28, 2021, 10:29 AM
An additional 51 local micro-entrepreneurs received zero-interest loans from the Muntinlupa City government to tide them over amid the ongoing COVID-19 pandemic.
Mayor Jaime Fresnedi (center) turns over the city government’s zero-interest loan assistance amounting to P938,000 to the new Tulong Negosyo beneficiaries at the Muntinlupa City Hall. (Muntinlupa PIO / MANILA BULLETIN)
Mayor Jaime Fresnedi turned over P938,000 loan assistance to 51 micro, small, and medium enterprise (MSME) owners as part of the city government’s Tulong Negosyo program. Among them, two entrepreneurs received P100,000 each and another got P75,000.
Muntinlupa is the first local government unit to introduce a micro-financing program to help small businesses.