Negosyo king Panyulung Program: Changing lives of Kapampangan beneficiaries

Negosyo king Panyulung Program: Changing lives of Kapampangan beneficiaries

BY JENNA LUMBANG

Sustainable livelihood development for the Kapampangans is one of the top agenda of Gov. Lilia Pineda’s administration in its quest to achieve growth and prosperity in the province.

The ascension of Gov. Lilia Pineda in the highest hierarchy of public service in the province

gave birth to the Negosyo king Panyulung Program (NPP) of the Provincial Cooperative and Entrepreneurial Development Office (PCEDO).

Through NPP, the provincial government is providing loans as capital to Kapampangans who are determined and striving to start their own small business.  They can loan P5,000 to P10, 000 payable in six months with zero interest and no collateral needed. For those who want to expand their business, they can borrow up to P200, 000 with .06 percent interest per annum for two years.

Before releasing the loan assistance, the PCEDO headed by Mamerto Gatus conducts capability building and seminars to the beneficiaries on how to manage business and finances, and marketing strategies. Some of them avail the livelihood training such as baking, pastry making and dress making.

From July 2010 to March of this year, the loan assistance of the Pineda administration has reached to P44, 095,000 benefitting 6,000 kapampangan small entrepreneurs who are mostly vendors, store owners, and persons with disabilities.