4 groups of entrepreneurs receive start-up support from Capitol

By March 9, 2014Governance, News

LINGAYEN–Some 160 beneficiaries from four cooperatives and women’s associations received a total of P500,000 in livelihood assistance from the provincial government through Gov. Amado T. Espino, Jr. who handed out the checks on March 4 at the Provincial Governor’s Office here.

The recipients are the second batch of livelihood beneficiaries for 2014 under the provincial livelihood assistance program.

Ellsworth Gonzales, officer-in-charge of the Provincial Population Office, said the latest recipients of the livelihood assistance include the Sakup Consumers’ Cooperative in Alaminos City, Germinal Women’s Association in Bolinao, San Pedro Multi-Purpose Association (MPA) in Mabini and the Nagkaisa Multi-Purpose Cooperative (MPC) in Asingan town.

The Germinal Women’s Association and the Nagkaisa MPC, with 28 and 71 beneficiaries respectively, each received a livelihood loan of P150, 000 for their fish and commodity trading and farm inputs business while the Sakup Consumers’ Cooperative and San Pedro MPA, with 42 and 20 beneficiaries respectively, availed of P100, 000 each also for commodity trading and farm inputs business.

This year’s first batch of recipients, including 13 women’s groups and two micro, small and medium enterprises (MSMEs), received their checks from Espino last January 16.

Among the first batch of recipients, 369 individuals are into rice trading, buy and sell and direct selling of vegetables and shellcrafts, cooperative relending, and production of souvenir items benefitted from the livelihood assistance.

To date, a total of P38.9 million in livelihood loans has been released by the province under the watch of Espino since 2008 to beneficiaries, most of whom are women’s groups, to help them earn an income to augment their family’s needs.

Belen Caasi, president of the Germinal Women’s Association who has been a regular beneficiary of the program since 2008 said she is very glad and thankful to the provincial government for coming up with programs that helps women like her.

Nagpapasalamat ako sa programang ito ni Gob. Espino dahil malaking tulong ito sa pamilya namin. Masaya din ako at ako ay nakakatulong sa aking asawa sa pagbibigay ng mga pangangailangan ng buong pamilya,” Caasi said.

Jeany Villamonte, another member of the women’s association and also a regular beneficiary, said the livelihood assistance helps fund her business from which she earns enough to help meet the needs of her family.

Both Caasi and Villamonte said they are happy with the livelihood assistance, which is non-collateral and offers a very low interest. (PIO)

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