96 business owners get P1.4 M interest-free loans from Muntinlupa LGU

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The Muntinlupa City government has granted a total of P1.42 million in interest-free loans to 96 entrepreneurs.

Owners of micro, small, and medium enterprises in the city got the latest fund disbursement through the city government’s “Dagdag Puhunan” initiative under the Joint Resources Financing Program .Mayor Ruffy Biazon, together with JRFP head Maylene Viñas, personally handed out the loans to the entrepreneurs.

The Dagdag Puhunan became the first kind among local government programs because of its interest-free capital lending system, which mainly benefits MSMEs.

 

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