News and UpdatesIn the NewsStorm-hit MSMEs may seek aid

Storm-hit MSMEs may seek aid

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Micro, small, and medium enterprises in Negros Oriental that were hit by floods and other disasters could seek livelihood assistance through the Pangkabuhayan sa Pagbangon at Ginhawa program of the Department of Trade & Industry.

“MSMEs such as sari-sari stores and bakeries, and any registered businesses up to P3 million in assets, excluding land, are qualified to apply for PPG, granting that they pass the requirements,” Krystle Jade Bato, DTI-Negros Oriental spokesperson, told the media on Monday.

She, however, stressed that only those with business permits and registration with the DTI are qualified.

They should also present certification from the local government unit, and the Disaster Risk-Reduction & Management Office that they were affected by a disaster.

She admitted the processing of applications may take a while due to documentary requirements, and a limited budget.

The DTI-Negros Oriental is currently profiling some 30 MSMEs from the towns of Zamboanguita and Siaton that were hit by flash floods in September.

Each beneficiary is expected to receive between P8,000 to P15,000 in assistance, depending on the DTI’s assessment of the damage, Bato said.

Meanwhile, profiling was also done in Canlaon City for those affected by the eruption of Mt. Kanlaon in June.

She lamented that most of those displaced in Canlaon were farmers but who don’t qualify for PPG since they do not have business permits. She said the farmers were referred to other government agencies. (Judy F. Partlow/PNA)

 

 

 

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