House panel pushes for barangay microfinance system
MANILA - A measure seeking to establish the barangay microfinance system that would facilitate easy and efficient access to necessary funds and credits for such entrepreneurial activities has hurdled committee level at the House of Representatives. The House Committee on Micro, Small and Medium Enterprise Development on Monday approved the committee report on the substitute bill to House Bill 7968, otherwise known as the proposed Barangay Microfinance Act. Bataan Representative Geraldine Roman said the main objective of the bill is to establish a system that would reach the grassroots level, n...