By Grazielle Mae A. Sales, PGIN-CMO
LAOAG CITY – To stress on her goal of providing jobs and supporting small-scale industry in Ilocos Norte, Governor Imee R. Marcos, through the Gender and Development Office spearheaded by Ms. NelindaErice, launched the second wave of Livelihood Program for Women in Business last July 27.
The selection of beneficiaries was done by the members of GAD Office who went to the barangays to evaluate and confirm that they really are businesswomen,” Erice said.
Governor Marcos granted a Php10,000 worth of loan to each of the 49 beneficiaries from different municipalities like Badoc, Pinili, Currimao, Paoay, San Nicolas, Batac, Nueva Era, Marcos, Banna, Piddig, and Bacarra, who lined up in front of the governor’s office to avail of the benefit which the Governor herself handed out. Some of them own micro-businesses such as food vending, craft-making, hog-raising, buy-and-sell, and others.
“This Php10,000 is only an additional capital for existing businesses,” added Erice. She also emphasized that the beneficiaries may pay back the loan in monthly installments over a 10-month period, with a fixed 5% interest (Php500.00) payable at the end of the loan term. They are expected to give their first payment this October.
The first wave of this program, which started last March 20 as a feat for Women’s Month, already benefited 31 women-entrepreneurs in the province. This provision of assistance to existing businesses is one of Governor Marcos’s ongoing schemes mentioned during her State of the Province Address.
Interested loan applicants are encouraged to inquire at the Gender and Development Office at the Ilocos Norte Capitol. Applicants should be members of the Local Council for Women.