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Trade and Industry Acting Secretary Ma. Cristina Roque on Friday vowed to assist in the rehabilitation of businesses, especially MSMEs, that will be adversely affected by Severe Tropical Storm Kristine . At a Palace press briefing, Roque said the Department of Trade and Industry has allocated P2 billion for the rehabilitation of these enterprises.''Definitely, a lot of businesses are destroyed; a lot of businesses are affected.
We have now P2 billion fund for the enterprise rehabilitation financing,'' she added.Roque said the maximum amount that a person can avail in the loan program is P300,000 per person. She noted that the DTI has simplified the requirements for the individuals who will avail its loan program.
Msmes Loan Severe Tropical Storm Kristine
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