THE Livelihood Assistance Program (LAP) of the Provincial Government has distributed anew P8.1-millon livelihood assistance to 44 groups and 5 micro, small and medium enterprises (MSMEs) on September 14 and 15 at the Pangasinan Training and Development Center (PTDC) II.
Governor Amado “Pogi” I. Espino III who led the ceremonial distribution commended the strong partnership of the provincial government and the cooperatives that contributes to the success of the livelihood program in the province.
“Maraming salamat po sa inyong sakripisyo at asahan niyo po na patuloy po nating palalakasin pa itong programang ito,” Governor Pogi stated.
Owing to the leadership of his predecessor, former governor Amado T. Espino Jr who launched the livelihood program in 2008 for cooperatives and entrepreneurs in the province, Governor Espino pledged to further strengthen this program.
44 GROUPS AND 5 MSMES RECEIVE P8.1-M LIVELIHOOD ASSISTANCE. Governor Amado I. Espino III assures constant support to cooperatives and entrepreneurs through the Livelihood Assistance Program (LAP) as he led the distribution of P8.1-million livelihood assistance to 44 groups and 5 micro, small, medium enterprises (MSMEs) on September 15 at the Pangasinan Training and Development Center (PTDC) II. Joining Governor Espino during the brief awarding ceremony are: Provincial Population, Cooperative and Livelihood Development Officer (PPCLDO) Ellsworth Gonzales, Provincial Social Welfare and Development Officer Emilio P. Samson Jr and Special Events Head Marife Acerit. /SMDG (Photo by Meinard Sadim)
The renewal cycle has also been increased to 10 cycles to give way to those who reached their 8th cycle and up, Governor Espino disclosed.
Governor Espino also added that the provincial government aims to increase the maximum loan amount to over P1-million.
Governor Espino was assisted by assisted by Provincial Population, Cooperative and Livelihood Development Officer (PPCLDO) Ellsworth Gonzales, Provincial Social Welfare and Development Officer Emilio P. Samson Jr and Special Events Head Marife Acerit.
The 44 groups and 5 MSMEs, aiding a total of 1,280 beneficiaries from Districts 1 to 6, comprised the third batch of LAP beneficiaries this 2020.
PPCLDO Planning Officer III Alex T. Sevilla Jr. noted that the provincial government through the LAP aims to spur countryside development as well as community and social enterprises.
In light of the COVID-19 pandemic, Sevilla noted, that the provincial government considered payment extension since economic activities are greatly affected during the quarantine.
“Ang regular loan cycle ay 6 months, pero dahil sa pandemic, we extended the deadline for 5 more months,” Sevilla added underscoring that the provincial government is also considering few more adjustments on interest, loan amount and loan term for new and renewal of loans.
The LAP has distributed over P178-million livelihood assistance since 2008. /Shiella Mae C. De Guzman
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